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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
08/06/2026 12:35 AM Bitcoin’s ‘Dead Market’ Signal Returns as Bottom Indicators Converge
TLDR: Bitcoin’s net capital flow divergence has returned, echoing the signal seen near the 2022 cycle bottom. A 157-day futures basis drought now ranks as Glassnode’s second-longest period below Treasury yields. Bitcoin trades just above its $63,777 200-week SMA, a level repeatedly linked to past cycle recoveries. Three independent indicators now converge, but none confirms [...]
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08/06/2026 12:16 AM Beyond Meat (BYND) Stock: Falls as Q2 Revenue Declines and Adjusted EBITDA Loss Widens
TLDR Beyond Meat shares fall after Q2 revenue declines 8.2% to only $68.8 million. Adjusted EBITDA loss widens to $27.7 million as quarterly margins weaken further. U.S. foodservice revenue plunges 27.6% amid weak demand and fewer locations. International retail sales rise 16.5% and provide the quarter’s main bright spot. Beyond Meat guides Q3 revenue to [...]
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08/05/2026 11:41 PM MercadoLibre (MELI) Stock: Sinks After Hours Despite 50% Revenue Growth and Fintech Boom
TLDR MercadoLibre revenue jumped 50% to a record $10.2 billion during Q2 2026 alone. MELI stock fell 4.65% after hours despite strong growth across core divisions. Mercado Pago payment volume topped $100 billion as active users rose 30% YoY. Commerce GMV reached $22 billion as Brazil and Mexico delivered solid growth. Advertising revenue surged 73% [...]
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08/05/2026 11:11 PM Figma Inc. (FIG) Stock: Plunges 15% Despite 48% Q2 Revenue Growth and AI Monetization
TLDR Figma shares sank 15% after hours despite 48% second-quarter revenue growth. Q2 revenue reached $370.1 million as growth accelerated for a third quarter. AI credit monetization expanded, with major customers using credits weekly. Figma raised its 2026 revenue outlook by $40 million after the strong quarter. GAAP operating losses and higher spending weighed on [...]
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08/05/2026 10:40 PM SoundHound AI (SOUN) Stock: Rebounds 13% as Q2 Revenue Jumps 45%
TLDR SoundHound AI stock jumps 13.53% after hours following stronger Q2 results. Q2 revenue climbs 45% to $61.9 million as enterprise demand gains momentum. Healthcare, automotive, and restaurant deals strengthen growth across sectors. Adjusted EBITDA loss narrows 33% as SoundHound strengthens cost discipline. SoundHound raises 2026 revenue guidance to between $230 million and $260 million. [...]
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08/05/2026 10:04 PM Sandisk Corporation (SNDK) Stock: Slides Despite 372% Q4 Revenue Surge and $14 Billion Buyback
TLDR Sandisk shares slide after hours despite Q4 revenue jumping 372% to $8.97 billion. Q4 net income reaches $6.90 billion as stronger pricing and volumes fuel growth. Datacenter revenue surges 437% in fiscal 2026 as higher-value demand rises. Sandisk expands its buyback authorization by $14 billion to support shares. Q1 2027 revenue guidance reaches $10.8 [...]
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08/05/2026 09:37 PM Eos Energy Enterprises (EOSE) Stock: Sinks Despite 351% Revenue Growth and $100 Million Battery Order
TLDR Eos Energy shares sank despite quarterly revenue surging 351% to $68.8 million. A $100 million Blanquilla battery order pushed Eos backlog to a record level. Eos reported a $275.7 million net loss despite sharp year-over-year sales growth. Eos backlog reached $807 million as new and repeat customers placed more orders. Eos narrowed 2026 revenue [...]
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08/05/2026 09:18 PM Shopify (SHOP) Stock: Soars 18% as Revenue Jumps 34% and GMV Accelerates
TLDR Shopify stock jumped 18% after quarterly revenue climbed 34% year over year. GMV reached $115.57 billion as growth accelerated across merchants and markets. Free cash flow rose to $654 million while margins improved to 18% during Q2. Operating income increased to $488 million as Shopify gained stronger leverage. Shopify expects low-thirties revenue growth and [...]
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08/05/2026 09:09 PM Uber Technologies (UBER) Stock: Slides as Investors Question Costly Robotaxi Expansion Plan
TLDR Uber stock falls 5.13% as robotaxi spending concerns outweigh strong earnings Record cash flow supports growth, but robotaxi expansion raises major cost concerns Uber reports stronger profits while costly autonomous plans pressure its shares Robotaxi partnerships expand Uber’s reach but increase long-term capital needs Uber’s asset-light model faces pressure as autonomous fleets require more [...]
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08/05/2026 08:55 PM Sigma Lithium Corporation (SGML) Stock: Drops 5% as Q2 Earnings Date Set for August 14
TLDR SGML shares drop 5.14% to $10.53 amid heavy midday trading volume. Sigma Lithium Corporation will report Q2 2026 earnings on August 14, 2026. Q2 production hit 35,000 tonnes, beating guidance by 6% year-to-date. First-half 2026 output reached 58,000 tonnes, surpassing internal targets. Mining upgrade drives stronger output despite Wednesday’s sharp stock decline. SGML shares [...]
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