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CNBC Cures: Jeffrey Allen
cnbc38d ago

CNBC Cures: Jeffrey Allen

CNBC's Becky Quick discusses details of the new 'The Path with Becky Quick' podcast episode.

#TECH
PSEi plummets to 6,400 level amid Iran conflict
bworldonline38d ago

PSEi plummets to 6,400 level amid Iran conflict

PHILIPPINE STOCKS closed lower on Monday, with the main index sliding back to the 6,400 range as worries over the escalating conflict in the Middle East triggered a sell-off. The Philippine Stock Exchange index (PSEi) decreased by 2.78% or 184.41 points to close at 6,426.83, while the broader all shares index went down by 2.01% [...]

#ECONOMY
USD/JPY Forecast: Optimistic Shift as Downward Pressure Eases in March – MUFG Analysis
bitcoinworld38d ago

USD/JPY Forecast: Optimistic Shift as Downward Pressure Eases in March – MUFG Analysis

BitcoinWorldUSD/JPY Forecast: Optimistic Shift as Downward Pressure Eases in March – MUFG AnalysisTOKYO, March 2025 – The USD/JPY currency pair shows signs of stabilization as downward pressure begins easing this month, according to fresh analysis from Mitsubishi UFJ Financial Group. Market participants closely monitor this development amid shifting monetary policy landscapes and global economic recalibrations. This USD/JPY forecast represents a significant departure from previous bearish sentiment that [...]This post USD/JPY Forecast: Optimistic Shift as Downward Pressure Eases in March – MUFG Analysis first appeared on BitcoinWorld.

#FOREX
benzinga38d ago

Bitcoin Depot Expands Product Portfolio with Acquisition of Social Betting Platform, Kutt

ATLANTA, March 02, 2026 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ:BTM), a U.S.-based Bitcoin ATM ("BTM") operator and leading fintech company, today announced that it has acquired Kutt, a peer-to-peer ("P2P") social betting platform that enables users to wager directly against each other on both private and publicly verifiable events.The acquisition marks Bitcoin Depot's first entry into the P2P social betting market and reflects the Company's broader strategy to diversify its product offerings beyond its core Bitcoin ATM business. Kutt's platform is positioned within one of the fastest-growing segments of consumer fintech, as Americans wagered over $165 billion through U.S. sportsbooks in 2025, reflecting the continued expansion and normalization of legal, digital sports betting nationwide.Founded in 2022, Kutt lets users set the terms of their bets across a range of markets, including sports, entertainment, and even user-generated events. Kutt provides a consumer-friendly platform for users to engage directly with one another in a social, gamified, and community-driven environment. Kutt is currently available in most U.S. states.Traditional sportsbooks limit bettors to the markets, odds, and lines they choose to offer. Kutt removes the house from the equation, putting control in the user's hands. Bettors agree on the terms of their wagers, making the experience more flexible and personalized. Through its many social features, Kutt offers friends, fans, and strangers an easy way to meaningfully connect with each other.While Bitcoin Depot remains committed to serving its BTM customers and its crypto ATM network, the Company is increasingly investing in new digital product lines as it seeks to expand into adjacent fintech categories."The Kutt team has built a strong product with significant potential for growth," said Scott Buchanan, CEO of Bitcoin Depot. "As we continue to grow beyond our core Bitcoin ATM business, we see a meaningful opportunity to support Kutt's next phase through product innovation and expanded marketing reach.""Kutt has always been about bringing people together through friendly competition and making social betting simple and fun," said Sim Harmon, founder and CEO of Kutt. "Becoming part of Bitcoin Depot gives us the ...Full story available on Benzinga.com

#CRYPTO
finextra38d ago

FundBank acquires Irish Layer 1 blockchain firm Trrue

FundBank, the US institutional banking firm founded by former Waystone executives, has acquired the Irish blockchain startup Trrue Chain as it aims to expand its European operations in digital assets and crypto.

#CRYPTO
BLAQclouds, Inc. Announces the Expanded Launch of ApolloNFT Marketplace and Upcoming V2 Release of theAlley SocialFi Platform
benzinga38d ago

BLAQclouds, Inc. Announces the Expanded Launch of ApolloNFT Marketplace and Upcoming V2 Release of theAlley SocialFi Platform

ROBESONIA, Pa., March 02, 2026 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC:BCDS) today announced the expanded launch of the ApolloNFT Marketplace, a next-generation NFT platform designed to empower creators across multiple digital media industries. Accessible at ApolloNFT.io, the platform provides artists, musicians, filmmakers, directors, and digital creators with a comprehensive environment to mint NFTs, create collections, launch catalogs, curate playlists, import fan communities, and connect with audiences through a unified on-chain ecosystem designed to enhance creator branding and engagement.As previously stated, unlike traditional NFT marketplaces that focus primarily on collectible assets, ApolloNFT.io has been architected as a complete content ecosystem. The platform enables creators to organize media libraries, structure catalogs of work, build audience relationships, and distribute digital content through curated collections and interactive communities. This approach allows creators to transform NFTs from simple ownership tokens into a powerful infrastructure for media distribution and fan engagement.The ApolloNFT Marketplace also serves as a foundational component of the upcoming V2 launch of theAlley, BLAQclouds' SocialFi platform designed to bridge social networking, digital commerce, and on-chain assets.theAlley connects users not only with friends, but also with fans and consumers, providing a more direct and intimate engagement environment. The platform includes integrated features such as User Feeds, Friends, Groups, Chat, NFTs, Store, Notifications, Wallet, and User Settings.theAlley also incorporates advanced Web3 wallet connectivity, allowing users to connect multiple blockchain wallets simultaneously. Through this architecture, creators and collectors can interact with digital assets stored across different wallets without the need to consolidate or transfer assets into a single wallet prior to use. This functionality provides greater flexibility, improved security, and seamless interoperability for users managing NFTs and digital tokens across multiple blockchain ecosystems.Full story available on Benzinga.com

#CRYPTO
N3XT Partners with YouHodler to Enable 24/7 Programmable Payments for Crypto Account Management
businesswire38d ago

N3XT Partners with YouHodler to Enable 24/7 Programmable Payments for Crypto Account Management

NEW YORK--(BUSINESS WIRE)--N3XT, the world's first fully blockchain-powered bank for instant programmable B2B payments, today announced a strategic partnership with YouHodler, a leading Swiss and EU-based Web3 platform offering crypto-backed lending and trading services and white-label fintech solutions. The partnership enables YouHodler enterprise users with N3XT accounts to program instantaneous stablecoin-based U.S. dollar payments 24/7, extending N3XT’s innovative payments technology into t

#CRYPTO
benzinga38d ago

Uniti Group Inc. Reports Fourth Quarter and Full Year 2025 Results

Recently Completed Inaugural Kinetic ABS and Refinancing Activity Strengthens Uniti's Balance Sheet at Attractive Cost of Capital Signed Largest Customer Contract in Uniti's History with Prominent Hyperscaler Provides Full Year 2026 OutlookNet Loss of $305.7 Million for the Fourth Quarter and Net Income of $1,304.7 Million for the Full YearConsolidated Revenue and Adjusted EBITDA of $917.3 Million and $365.6 Million, Respectively, for the Fourth QuarterConsolidated Revenue and Adjusted EBITDA of $2,234.5 Million and $1,173.8 Million, Respectively, for the Full YearLITTLE ROCK, Ark., March 02, 2026 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its results for the fourth quarter and full year 2025.Key highlights during the quarter on a pro forma basis included:Consolidated Fiber Revenue Grew 13% Year-over-Year in the Fourth QuarterKinetic Consumer Fiber Revenue Grew 24% Year-over-Year in the Fourth QuarterKinetic Consumer Fiber Subscribers Grew 20% Year-over-Year in the Fourth QuarterKinetic Consumer Fiber Gross Adds of ~38,000; Highest Ever on RecordKinetic Consumer Fiber Net Adds of ~28,000; Highest in Almost 3 YearsFiber Infrastructure New Bookings Monthly Recurring Revenue of $1.7 Million; Matches Highest Level on RecordAnnounced Largest Customer Contract Award in Uniti's History"2025 was a critical year for Uniti in its evolution of becoming the premier insurgent fiber provider in the U.S., and there were several accomplishments that contributed to this. First, we successfully closed our transformational merger with Windstream and have fully integrated the various teams within our reporting segments of Kinetic, Fiber Infrastructure and Uniti Solutions. Second, we have established a new, insurgent leadership team, especially with several key new hires at Kinetic with decades of proven fiber-to-the-home experience. Third, we re-ignited our fiber builds at Kinetic and Fiber Infrastructure. We made significant progress in our fiber-to-the-home build, reaching approximately 1.9 million homes at year-end, and we remain committed to passing 3.5 million homes with fiber by the end of 2029. We also continue to see insatiable demand from hyperscalers, which was recently underscored by the largest customer contract ever awarded to Uniti. Finally, we took multiple steps to strengthen our balance sheet and lower our cost of capital significantly through various refinancing activities, including our recent landmark fiber asset securitizations that saw some of the highest demand and tightest spreads for its kind," commented Kenny Gunderman, President and Chief Executive Officer of Uniti.QUARTERLY RESULTSConsolidated revenues for the fourth quarter of 2025 were $917.3 million. Consolidated net loss and Adjusted EBITDA were $305.7 million and $365.6 million, respectively, for the same period, achieving Adjusted EBITDA margins of approximately 40%.Kinetic contributed $558.7 million of revenues and $246.6 million of contribution margin for the fourth quarter of 2025, achieving margins of approximately 44%. Kinetic's net capital expenditures during the quarter were $238.6 million.Fiber Infrastructure contributed $210.5 million of revenues and $103.4 million of contribution margin for the fourth quarter of 2025, achieving margins of approximately 49%. Fiber Infrastructure's net capital expenditures during the quarter were $43.4 million.Uniti Solutions contributed $196.0 million of revenues and $96.2 million of contribution margin for the fourth quarter of 2025, achieving margins of approximately 49%. Uniti Solutions' net capital expenditures during the quarter were $7.7 million.FULL YEAR RESULTSConsolidated revenues for the full year of 2025 were $2,234.5 million. Consolidated net income and Adjusted EBITDA were $1,304.7 million and $1,173.8 million, respectively, for the same period, achieving Adjusted EBITDA margins of approximately 53%. Net income includes a one-time gain of $1,683.9 million related to the settlement of preexisting relationships in connection with the Company's merger with Windstream.Kinetic contributed $928.4 million of revenues and $407.6 million of contribution margin for the full year of 2025, achieving margins of approximately 44%. Kinetic's net capital expenditures during the quarter were $386.0 million.Fiber Infrastructure contributed $1,053.9 million of revenues and $772.1 million of contribution margin for the full year of 2025, achieving margins of approximately 73%. Fiber Infrastructure's net capital expenditures during the quarter were $311.4 million.Uniti Solutions contributed $332.3 million of revenues and $164.1 million of contribution margin for the full year of 2025, achieving margins of approximately 49%. Uniti Solutions' net capital expenditures during the quarter were $13.0 million.FINANCING TRANSACTIONSOn January 30th, Uniti announced that it had closed on its previously announced $960.1 million inaugural Kinetic fiber securitization notes offering (collectively, the "Notes"). The Notes have a weighted average coupon rate of approximately 5.689% and will be secured by certain residential fiber network assets and related customer agreements in the States of Arkansas, Georgia, Kentucky, Ohio and Texas. Uniti intends to use the net proceeds of the offering of the Notes for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.On February 4th, Uniti completed its previously announced offering of $1.0 billion aggregate principal amount of 8.625% senior notes due 2032 at an issue price of 100.25%. Uniti used the net proceeds from the transaction to repay borrowings under its senior secured first lien term loan facility due 2031, together with related fees and expenses, and intends to use the remaining net proceeds for general corporate purposes, which may include the repayment of outstanding debt and/or success-based capital expenditures.FULL YEAR CONSOLIDATED 2026 OUTLOOKOur 2026 outlook includes the estimated impact from the recent Kinetic ABS financing, the recent unsecured notes offering and the redemption of our term loan facility due 2031. This outlook excludes any impact from other future acquisitions, capital market transactions, and future transaction-related and other costs not mentioned herein.The Company's 2026 outlook is based on management's current expectations and beliefs but is subject to change as it continues the integration of Uniti and Windstream.The Company's consolidated outlook for 2026 is as follows (in millions): Full Year 2026Revenue$3,605 to$3,655 Net loss (410)to (360)Adjusted EBITDA (1) 1,425 to 1,475 Interest expense, net 775 to 775 ________________________ (1) See "Non-GAAP Financial Measures" below. CONFERENCE CALLUniti will hold a conference call today to discuss this earnings release at 8:30 AM Eastern Time (7:30 AM Central Time). The conference call will be webcast live on Uniti's Investor Relations website at investor.uniti.com. Those parties interested in participating via telephone may register on the Company's Investor Relations website or by clicking here. A replay of the call will also be made available on the Investor Relations website.ABOUT UNITIUniti (NASDAQ:UNIT) is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions. Visit us online at www.uniti.com.FORWARD-LOOKING STATEMENTSThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions and management's current expectations with respect to the future, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding Uniti's fiber build strategy, the businesses growth potential, and 2026 outlook. The words "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "projects," "will," "would," "predicts" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Uniti may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that Uniti makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to the Company's indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission as well as the Company's predecessor's registration statement on Form S-4 dated February 12, 2025. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. Uniti does not assume any obligation to update any forward-looking statements.NON-GAAP PRESENTATIONThis release and today's conference call contain certain supplemental measures of performance that are not required by, or presented in accordance with, accounting principles generally accepted in the United States ("GAAP"). Such measures should not be considered as alternatives to GAAP. Further information with respect to and reconciliations of such measures to the nearest GAAP measure can be found herein.Uniti Group Inc.Consolidated Balance Sheets(In millions, except per share data) December 31, 2025 December 31,2024Assets: Current assets: Cash and cash equivalents$53.5 $ 155.6 Restricted cash 80.6 28.2 Accounts receivable, net 359.0 51.5 Inventories 44.0 — Prepaid expenses 137.6 16.2 Other current assets 156.3 18.1 Total current assets 831.0 269.6 Goodwill 1,158.3 157.4 Intangible assets, net 1,293.3 275.4 Property, plant and equipment, net 8,141.9 4,209.7 Operating lease right-of-use assets, net 516.6 126.8 Deferred income tax assets, net — 128.0 Other assets 95.6 115.2 Total assets$12,036.7 $ 5,282.1 Liabilities and shareholders' equity (deficit): Current liabilities: Current portion of notes and other debt$10.0 $— Accounts payable 171.5 13.6 Deferred revenue 239.8 84.5 Current portion of operating lease obligations 122.6 12.7 Accrued taxes 51.8 7.1 Accrued interest 138.8 143.9 Other current liabilities 389.4 118.9 Total current liabilities 1,123.9 380.7 Notes and other debt, net 9,529.4 5,783.6 Noncurrent operating lease obligations 360.5 67.8 Noncurrent deferred revenue 368.7 1,316.5 Deferred income tax liabilities, net 17.7 — Other liabilities 256.1 185.4 Total liabilities 11,656.3 7,734.0 Commitments and contingencies Shareholders' equity (deficit): Preferred stock, $0.0001 par value, 0.6 million shares issued and outstanding at December 31, 2025 — — Old Uniti Preferred stock, $0.0001 par value, 50.0 million shares authorized, no shares issued and outstanding at December 31, 2024 — — Common stock, $0.0001 par value, 5,550.0 million shares authorized, 239.0 million shares issued and outstanding at December 31, 2025 and 500.0 million shares authorized, 143.2 million shares issued and outstanding at December 31, 2024 — — Additional paid-in capital 2,790.1 1.236.0 Accumulated other comprehensive loss (1.9) (0.6)Distributions in excess of accumulated earnings (2,407.9) (3,687.8)Total Uniti shareholders' equity (deficit) 380.3 (2,452.4)Noncontrolling interests 0.1 0.5 Total shareholders' equity (deficit) 380.4 (2,451.9)Total liabilities and shareholders' equity $12,036.7 $5,282.1 Uniti Group Inc.Consolidated Statements of (Loss) Income(In millions, except per share data) Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Revenues and sales: Service revenues $889.8 $287.7 $2,171.7 $1,148.8 Sales revenues 27.5 5.6 62.8 18.1 Total revenues and sales 917.3Full story available on Benzinga.com

#STOCKS#ECONOMY