Avalanche Treasury reports $44.7 million net loss
Avalanche Treasury Company (NASDAQ:AVAT) reported a second-quarter 2026 net loss of $44.7 million, or $1.54 per share, with most losses linked to changes in the value of its AVAX holdings.
Avalanche Treasury Company (NASDAQ:AVAT) reported a second-quarter 2026 net loss of $44.7 million, or $1.54 per share, with most losses linked to changes in the value of its AVAX holdings.
Donaldson Company (NYSE:DCI) reported fiscal fourth-quarter 2026 sales of $1.1 billion, up 8% year over year, with GAAP earnings per share increasing to $1.10.
Lanvin Group (NYSE:LANV) reported unaudited first-half 2026 revenue of approximately €101 million, down 12.9%–13.4% year over year as the company continued its brand transformation and retail network optimization.
Zhihu (NYSE:ZH) reported unaudited second-quarter 2026 revenue of RMB690.1 million, down year over year from RMB716.9 million but up 5.9% compared with the previous quarter.
Li Auto (NASDAQ:LI) reported second-quarter 2026 revenue of RMB25.7 billion, down 15.1% year over year, as vehicle deliveries declined 11.5% to 98,330 units.
Global stocks edged higher on Wednesday as Brent crude prices fell more than 2% to $86.45 per barrel, easing some inflation concerns linked to disruptions around the Strait of Hormuz.
UP Fintech (NASDAQ:TIGR) reported record second-quarter 2026 revenue of US$182.3 million, up 31.4% year over year and 17.7% quarter over quarter, supported by higher trading activity and growth in client assets.
JOYY (NASDAQ:JOYY) reported unaudited second-quarter 2026 revenue of US$590.8 million, up 16.3% year over year, supported by growth across social entertainment, advertising, and e-commerce operations.
Shinhan Financial Group has announced a strategic partnership with Visa to develop digital asset services.
Biohaven (NYSE:BHVN) signed an exclusive global licensing agreement with SK Biopharmaceuticals for its Kv7 platform valued up to $795 million.
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