Elon Musk praises Mythos/Fable, promises not to ‘cut off’ Anthropic
Should Anthropic trust Elon Musk to host its models? With about $40 billion in revenue at stake, Musk insists that the company can.
BitcoinEthereumNews·
The post Levi Strauss (LEVI) Stock Drops Despite Strong Q2 Earnings and Upgraded Outlook appeared on BitcoinEthereumNews.com. TLDR Q2 adjusted earnings per share reached $0.28, surpassing analyst expectations of $0.24 Quarterly revenue climbed to $1.56 billion, an 8% year-over-year increase, exceeding the $1.52 billion forecast Company upgraded full-year EPS guidance to $1.46–$1.52 and raised revenue growth expectations to 7%–7.5% Dividend increased 14% to $0.16 per share, marking the fourth consecutive year of growth Despite positive results, LEVI shares declined over 5% during after-hours trading Levi Strauss delivered a solid Q2 performance on Wednesday, surpassing Wall Street projections for both earnings and revenue while simultaneously boosting its full-year forecast and increasing its dividend payment. Yet investors responded by sending shares down more than 5% after the closing bell. Levi Strauss & Co., LEVI For the fiscal quarter that concluded on May 31, the iconic denim manu
Read full articleShould Anthropic trust Elon Musk to host its models? With about $40 billion in revenue at stake, Musk insists that the company can.
The post Solana Price FUD Hits Highest Level in 2026, SOL Faces Big Supply Wall appeared on BitcoinEthereumNews.com. Key Insights: Solana crypto price FUD reached its highest level of 2026 as SOL trading volume fell to its lowest point of the year. Despite weak sentiment, Solana posted strong Q2 network activity, revenue, and developer growth. SOL faces a major resistance zone between $79 and $85 that could shape its next price move. The fear, uncertainty, and doubt (FUD) around Solana price has reached its highest level in 2026 as trading volume dropped to its lowest point this year. Even so, network activity stayed strong during the second quarter. With SOL price now sitting below a major resistance zone, traders are watching closely to see which direction the price takes next. Solana Crypto Price FUD Grows As Trading Activity Slows Solana FUD is growing after blockchain analytics platform Santiment reported that negative sentiment around the network has reached its highest level of
The post Taiwan Dollar: Policy-driven flows temper losses against US Dollar – OCBC appeared on BitcoinEthereumNews.com. OCBC’s Christopher Wong reports that recent Taiwan Dollar (TWD) weakness is moderating, partly due to Central Bank of the Republic of China (CBC) guidance that banks execute large USD sell orders immediately, bringing forward natural supply. However, foreign equity selling and dividend-related USD demand still restrain recovery, with USD/TWD two-way moves likely. Upside momentum pauses as USD supply emerges “Recent weakness in TWD shows tentative signs of moderation. Part of the moderation may reflect the earlier CBC guidance for banks to execute large USD sell orders on the day received, rather than delaying or staggering them.” “This could have helped bring forward natural USD supply and temper the pace of TWD weakness.” “Still, the broader flow backdrop has not turned decisively positive, with foreign equity selling (week-to-date USD4.3bn) and dividend/remittance-r
The post PepsiCo (PEP) Q2 earnings and revenues surpass estimates appeared on BitcoinEthereumNews.com. PepsiCo (PEP – Free Report) came out with quarterly earnings of $2.2 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +0.46%. A quarter ago, it was expected that this food and beverage company would post earnings of $1.54 per share when it actually produced earnings of $1.61, delivering a surprise of +4.55%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. PepsiCo, which belongs to the Zacks Beverages – Soft drinks industry, posted revenues of $24.18 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.32%. This compares to year-ago revenues of $22.73 billion. The company has topped consensus revenue estimates four times over the
Jupiter's staking rewards system strengthens governance by incentivizing active participation, enhancing protocol influence and ecosystem growth. The post Jupiter launches Active Staking Rewards for Q2 claim period with 50 million JUP up for grabs appeared first on Crypto Briefing.
The post Taiwan Dollar: Flow-driven weakness with policy support – OCBC appeared on BitcoinEthereumNews.com. OCBC Bank’s Sim Moh Siong and Christopher Wong note that Taiwan Dollar (TWD) remains on the back foot, with USD/TWD above 32, driven mainly by foreign equity selling and dividend/remittance-related US Dollar (USD) demand rather than weaker fundamentals. Authorities are encouraging quicker execution of large USD sell orders to mobilise natural supply, while exporter USD selling and CBC guidance may reduce the risk of a disorderly move higher in USD/TWD. Vulnerable on flows but disorderly spike risk tempered “TWD has stayed on the back foot, with USD/TWD breaking above the 32 handle. The move looks largely flow-driven rather than a deterioration in domestic fundamentals. Foreign equity selling has weighed on Taiwan equities and added to USD demand, while dividend/profit remittance flows also added to seasonality demand for USD.” “CBC officials have framed recent FX weakness as lar
The post Levi Strauss (LEVI) Q2 2026 earnings appeared on BitcoinEthereumNews.com. A view of Levi Strauss & Co. headquarters on July 8, 2026 in San Francisco, California. Heather Diehl | Getty Images Levi Strauss beat Wall Street’s quarterly expectations on the top and bottom lines on Wednesday, leading the retailer to increase its guidance and its dividend. The denim maker is now expecting full-year adjusted earnings per share to be between $1.46 and $1.52, up from a prior range of between $1.42 and $1.48. At the high end, that’s ahead of expectations of $1.50 per share, according to LSEG. Levi also raised its top line outlook and is now expecting full-year sales to rise between 7% and 7.5%, compared to a prior range of between 5.5% and 6.5%. That’s ahead of expectations of 6.6%, according to LSEG. About half of that growth is expected to come from higher prices and the other half is expected to come from unit sales, said finance chief Harmit Singh. Here’s how Levi did in its secon
To get an expanded sense of how busy startup backers spent Q2, we put together several rankings for active investors. These include active venture backers, lead investors, highest spenders and prolific seed dealmakers.