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Share link:In this post: Apple reported $94.04 billion in Q2 revenue, its biggest quarterly jump since 2021. iPhone revenue rose 13% to $44.58 billion, driven by strong iPhone 16 sales. Mac and Services beat expectations, while iPad and wearables declined.
Share link:In this post: Strategy reported $14.03B in Q2 operating income and $10.02B in net income, driven by Bitcoin gains. The company holds 628,791 BTC at a total cost of $46.07B and saw a $13.2B BTC dollar gain YTD. Over $10.5B was raised via stock offerings in Q2 and July, including IPOs and ATM programs.
Share link:In this post: Algorand Foundation has released a roadmap for 2025 and 2026. The Foundation plans to release several products to boost network adoption. ALGO token continues to struggle as it trades more than 30% below the price at the start of the year
Share link:In this post: Figma raised $1.2 billion in its IPO, with shares set to open at $105-$110, up to 233% above the $33 IPO price. The offering was over 40x oversubscribed, marking the biggest US software IPO since SailPoint. CEO Dylan Field retains 74.1% voting power; Figma plans major AI features and acquisitions to compete with fast-growing rivals like Lovable and Bolt.
As Hong Kong's stablecoin licensing takes effect, banks and brokers race to apply under strict guidelines. However, regulators caution against speculative risks, urging careful evaluation of asset-backed projects.
