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A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

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Found 19918 articles

Releases

Hyperscale Data Pivots Bitcoin Treasury to Fund Michigan AI Expansion

Hyperscale Data is repurposing its Bitcoin holdings to accelerate the development of its Michigan AI data center, opting to monetize 100 Bitcoin and establish a crypto-backed credit facility. The firm aims to secure capital for high-performance infrastructure while avoiding the dilution typically associated with issuing new equity to shareholders.

Releases

Solstice Advanced Materials Raises 2026 Outlook After Strong Quarter

Solstice Advanced Materials reported an 11% year-over-year revenue increase for the second quarter of 2026, reaching $1.148 billion. Driven by gains in nuclear energy, semiconductors, and healthcare packaging, the Morris Plains-based company has raised its full-year guidance for sales and adjusted earnings despite a challenging macroeconomic environment.

Releases

NGP VAN Automates Canvassing Route Planning to Reclaim Organizer Time

Democratic field organizers are shedding hours of manual map-drawing as NGP VAN debuts an upgraded turf auto-cutter. By accounting for physical barriers like highways and rivers, the algorithm generates walkable, efficient routes in minutes, aiming to shift campaign focus from administrative logistics back to voter engagement and volunteer mobilization.

Releases

NetRise Shifts Supply Chain Security Into Developer Workflows

Austin-based security firm NetRise is moving beyond reactive patching by integrating package trust enforcement directly into the developer experience. The company’s new Provenance tools for Visual Studio Code, command-line interfaces, and AI coding assistants aim to block malicious dependencies before they ever reach a project’s build pipeline.

Releases

Ontinue Named a Top 25 InfoSec Innovator for MXDR

Cyber Defense Magazine has recognized Ontinue as one of the top 25 innovators in Managed XDR security for 2026. The award highlights the company’s Agentic SOC model, which integrates multi-agent AI with human expertise to address the growing speed of AI-driven cyberattacks and the limitations of traditional, manual security workflows.

Releases

Titan International Posts Revenue Growth Amid Market Shifts

Titan International reported a 5.2% revenue increase to $484 million for the second quarter ending June 30, 2026, bolstered by strong performance in its consumer segment. Despite headwinds in the agricultural sector, the company exceeded its internal guidance for adjusted EBITDA, which climbed 13.3% to $34 million.

Releases

IBM and University of Chicago Achieve Quantum Computing Milestone

Fifteen minutes was all it took for an IBM quantum processor to solve a problem that would stymie the world’s most powerful classical supercomputers. By successfully executing 70 logical qubits, researchers from IBM and the University of Chicago have moved beyond theoretical benchmarks to achieve verifiable quantum advantage.

Releases

Cigna Group Revenue Climbs to $71.7 Billion in Second Quarter

The Cigna Group reported a 7% revenue increase for the second quarter of 2026, reaching $71.7 billion as the global health company leaned into its diversified business portfolio. Following the results, leadership raised the full-year 2026 outlook for adjusted income from operations to at least $30.45 per share.

Releases

Escalade Reports Profit Surge Following Tariff Recovery

Escalade, Inc. posted net income of $9.4 million for the second quarter of 2026, a significant jump from $1.8 million in the same period last year. The Evansville-based sporting goods manufacturer benefited from a one-time $10.2 million pre-tax recovery of previously paid tariff costs.

Releases

Yiren Digital Balances AI Expansion with 2025 Sustainability Goals

As Yiren Digital transitions into an AI-native operating platform, the company is attempting to anchor its rapid technological growth in strict ethical oversight. Its 2025 ESG report reveals a dual focus: accelerating large language model deployment while documenting measurable progress in financial inclusion and carbon reduction efforts.

Releases

Buscar Company Expands Treasure Canyon Claims to Over 1,000 Acres

Seeking to secure strike extensions of five gold-bearing quartz vein systems, Beverly Hills-based Buscar Company has staked 44 new lode mining claims in Plumas County, California. The acquisition boosts the company’s total footprint at the Treasure Canyon Project from 200 acres to approximately 1,098 acres.

Releases

Blubrry Podcasting Shifts to Time-Based Hosting Model

Counting megabytes is becoming a relic of the past for podcast creators. Blubrry Podcasting has overhauled its hosting structure, moving away from storage-limit tiers to a time-based model that charges users strictly by the number of hours of audio or video content they publish each month.

Releases

Former INTERPOL Chief Dr. Al-Raisi Named Chairman of Alif Holding

H.E. Dr. Ahmed Naser Al-Raisi, who led INTERPOL from 2021 to 2025, has been appointed Chairman of Alif Holding. The Abu Dhabi-based subsidiary of Robo.ai Inc. operates as an intelligent industrial technology group, focusing on security and mission-critical AI systems for government and public-sector infrastructure projects.

Releases

Wesco International Posts Record Sales Driven by Data Center Demand

Wesco International reported record net sales of $6.7 billion for the second quarter of 2026, marking a 13% increase year-over-year. The Pittsburgh-based distributor saw its business momentum accelerate as a surge in data center investments fueled a 45% jump in that segment and pushed the company’s total backlog to record levels.

Releases

Los Angeles Rental Costs Hit Four-Year Low, Yet Strain Entry-Level Pay

College graduates entering the Los Angeles workforce face a rental market that is finally softening, with median asking rents dropping to $2,603 in the second quarter of 2026. Despite this 3.4% year-over-year decline—the lowest rate since 2021—housing expenses continue to consume a disproportionate share of new professional salaries.

Releases

IBM and Qedma Achieve Quantum Advantage in Material Physics Modeling

Researchers from IBM and Qedma have successfully modeled complex quantum material dynamics that exceed the capabilities of the world’s most powerful supercomputers. By pairing IBM’s Heron processor with Qedma’s error-mitigation software, the team resolved oscillatory behaviors in a two-dimensional Floquet Ising model, establishing quantum hardware as a trusted scientific instrument.

Releases

Infinitus Replaces Traditional Pharma Hubs with AI-Human Hybrid Model

San Francisco-based Infinitus Systems is moving to dismantle legacy pharmaceutical call centers, launching an AI-first hub solution that delegates routine patient communication to autonomous agents. By offloading enrollment and status updates to AI, the platform aims to cut administrative costs by 30% while reserving human expertise for complex clinical judgments.

Releases

Ping An Group Scales Proactive Health Care with New Longevity Centers

With population aging accelerating, Ping An Insurance is shifting from reactive treatment to a preventative model, unveiling 11 dedicated Longevity Centers across China. The initiative leverages a proprietary AI-human hybrid system to manage health risks through early screening and long-term lifestyle intervention for its clients.

Releases

IBM and Algorithmiq Validate Quantum Advantage in Complex Simulations

Eight months after its initial deployment, a joint simulation of heterogeneous quantum matter by IBM and Algorithmiq continues to defy classical verification. By executing the model on an IBM Quantum Heron processor, researchers have established a framework for trusted computation where classical methods fail to provide consistent results.

Releases

ThreatMark Named Leader in 2026 SPARK Matrix for Behavioral Biometrics

QKS Group has ranked ThreatMark as a leader in its 2026 SPARK Matrix for Behavioral Biometrics and Device Intelligence, citing the company’s ability to disrupt complex financial fraud. The evaluation highlights ThreatMark's unified platform approach to identifying social engineering and account takeovers across the entire customer journey.

Releases

US and Chinese Youth Explore Robotics Future in Beijing

Brain-controlled car races and machines pouring intricate latte art greeted a joint China-U.S. youth delegation at Beijing E-Town on July 21. The visit offered participants a practical look at how rapidly evolving robotics are moving from the realm of science fiction into tangible industrial and personal applications.

Releases

China Accepts Kelun-Biotech's Sacituzumab Tirumotecan for First-Line TNBC

Regulators in China have accepted a new indication application for sacituzumab tirumotecan, an antibody-drug conjugate developed by Sichuan Kelun-Biotech, as a first-line treatment for advanced triple-negative breast cancer. This milestone targets patients with specific PD-L1 expression levels or those who have previously relapsed after standard immunotherapy.

Releases

Group 1 Automotive to Acquire Hennessy Dealerships for $1.3 Billion

Group 1 Automotive has signed a definitive agreement to acquire the Hennessy Automobile Companies, a major move that adds 10 luxury dealerships to its portfolio and cements the company’s expansion into the Atlanta market. The deal, valued at approximately $1.3 billion, is expected to close by the end of 2026.

Releases

Group 1 Automotive Reports Q2 2026 Earnings Amid Market Headwinds

Group 1 Automotive reported second-quarter earnings of $8.62 per share, as the retail giant navigated consumer affordability challenges and a cooling demand environment. Despite a 5.6% decline in total revenues to $5.4 billion, the company pushed forward with aggressive expansion, including a new deal to acquire 10 Atlanta-area dealerships.

Releases

NCS Analytics Spins Off Thea Platform to Streamline Cannabis Lending

Denver-based NCS Analytics is opening its Thea lending intelligence platform as a standalone tool, allowing financial institutions to bypass the company's full compliance suite. The service aims to bridge the gap in cannabis underwriting by verifying borrower health through state-mandated track-and-trace data rather than relying solely on self-reported financial documents.

Releases

EQT Real Estate Seals 532 Million Euro Logistics Portfolio Deal

A 532 million euro deal has brought 14 prime logistics properties under the control of EQT Real Estate. Acquired from Logicor, the portfolio spans 457,000 square meters across the United Kingdom, Germany, and France, marking a significant expansion of the firm's footprint in key European distribution corridors.

Releases

LUNGevity Foundation Joins 2027 Double TCS London Marathon

With 100,000 runners expected to descend on the UK, the LUNGevity Foundation has secured a charity partner spot for the 2027 Double TCS London Marathon. This expansion marks a significant milestone for the organization, which now holds official status in seven of the eight Abbott World Marathon Majors.

Releases

Yum China Posts Record Second Quarter Profits Amid Expansion

Yum China Holdings reported a 14% rise in operating profit for the second quarter of 2026, reaching a record $348 million. The company, which operates over 19,000 restaurants, saw total revenue climb 13% to $3.1 billion, bolstered by a surge in new store openings and consistent growth in transaction volume.

Releases

RPI Tech Connect Joins the WRKdefined Podcast Network

The ERP-focused podcast RPI Tech Connect has officially integrated into the WRKdefined network, aiming to amplify conversations about the back-office infrastructure that sustains hospitals, school districts, and municipal governments. The move connects specialized technical discussions with a broader audience of HR and leadership professionals.

Releases

VT Markets Hits $8 Trillion Volume Amid Global Market Volatility

Currency fluctuations and geopolitical instability drove trading activity to record heights in early 2026, as Sydney-based VT Markets reported an $8 trillion trading volume. This figure marks a 212% year-over-year surge, underscoring a period defined by intense market shifts and a rapid expansion of the platform's global user base.