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Image source: The Motley Fool. DATEThursday, Aug. 13, 2026, at 4:30 p.m. ETCALL PARTICIPANTSChief Executive Officer-Alexander ShenChief Financial Officer-Phillip PodgorskiManaging Director-Brett MaasTAKEAWAYSRevenue — $9.1 million, representing a 23% increase driven by higher volume at both operating segments.Gross Profit — $1.4 million, a 36% increase primarily due to higher revenue and favorable project mix.Ranor Segment Revenue — $5.5 million, reflecting a 27% increase compared to the prior year’s first quarter.Stadco Segment Revenue — $4.1 million, an increase of 22%, resulting from a strategic shift in project mix.Net Loss — $153,000, representing an improvement from a net loss of $597,000 in the…

In a cheeky marketing campaign, Liquid Death teamed up with former Philadelphia Eagles star Jason Kelce to share a solution to mitigate the environmental impact of AI data centers, which require massive quantities of water to prevent servers from overheating. “AI data centers waste millions of gallons of water,” Kelce quips in the video campaign. “That’s why Liquid Death and Garage Beer have teamed up. We want your pee to cool these data centers.” Then, as a crowd of people walk through a field sipping their branded beverages, they sing in unison: “Let’s pee on computers together to save humanity!”…

Anthropic’s annualized revenue run rate hit $65 billion at the end of July, CNBC confirmed on Monday, a sevenfold increase from a year ago.The Claude creator, which has seen its enterprise popularity surge, shared the figure in an update to investors over the weekend, according to three sources familiar with the matter who asked not to be named because the details are confidential. Bloomberg was first to report the $65 billion figure. The update comes as Anthropic gears up for what’s expected to be a blockbuster IPO. The company confidentially filed its prospectus with the Securities and Exchange Commission in June,…

As US federal debt tops $40 trillion for the first time, there is renewed debate over whether mounting government borrowing could strengthen Bitcoin’s case as a scarce, non-sovereign asset.Interest costs have also climbed, surpassing Medicare to become the federal government’s second-largest budget expense behind Social Security in the first 10 months of fiscal 2026, according to Reuters.The debt milestone coincided with a Treasury move to calm a bond selloff that’s pushed long-term yields to their highest levels since 2007. Treasury Secretary Scott Bessent said Wednesday the department would double buybacks of 10- to 30-year debt to at least $4 billion…

GnosisDAO approved Gnosis Chain’s transition from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone (EEZ) rollup.GIP-153 received 123,158 GNO in support, 115 against and 151 abstaining across 54 voters, Gnosis Chain said in an X post. Turnout reached 123,425 GNO, exceeding the 75,000 quorum.Under the proposal, Gnosis Chain’s validator set would be retired and the network would settle transactions on Ethereum, making Gnosis Chain a layer-2 (L2) that relies on Ethereum’s validators for settlement. An initial launch is targeted for late 2026 or early 2027, subject to the required EEZ technology being ready.The update would enable Gnosis Chain-native…

Binance has launched Agent OS, a developer platform that allows AI agents to access market data, monitor user accounts and execute crypto trades on the exchange.According to a company announcement, the platform supports AI tools including ChatGPT, Claude Code, Codex, and Cursor, allowing users to authorize agents to view account information and place trades within configured permissions and limits.Users can assign agents to dedicated subaccounts to separate funds and trading activity, configure their permissions and revoke access at any time. Binance said it can monitor trades placed through Agent OS but cannot see an agent’s external information sources, interpretation or…

Lending protocol Morpho has launched Morpho Midnight on Base, adding fixed-rate, fixed-term loans to its onchain credit network alongside the variable-rate markets offered through Morpho Blue. In an announcement sent to Cointelegraph, Morpho said the offer-driven protocol lets lenders and borrowers propose their own interest rates, maturities and other loan terms instead of relying on a protocol-defined utilization curve. Loans are issued as fixed obligations, with terms set through competing offers rather than algorithmic pool pricing. Predictable rates and defined maturities are standard features of traditional credit markets. However, they remain uncommon in decentralized finance (DeFi), where borrowing costs generally fluctuate based…

Michael Selig, who chairs the US Commodity Futures Trading Commission (CFTC), signaled that the agency would not be idle while Congress continued to debate provisions in a cryptocurrency market structure bill.In prepared remarks for the inaugural meeting of the CFTC’s Innovation Advisory Committee on Thursday, Selig said that the commission would move forward on crypto regulations even in the absence of the Digital Asset Market Clarity (CLARITY) Act being passed by lawmakers, adding it would “help [Donald Trump] deliver if Congress will not.” According to the chair, he had already directed staff to allow registered and non-registered entities to offer…

Nearly 11,000 Americans turn 65 every day, marking one of the largest retirement transitions in U.S. history. For record keepers, advisors, asset managers and insurers, this is more than a demographic milestone. It represents a fundamental shift in what participants need from the retirement system.For decades, the defined contribution industry thrived on specialization. Record keepers administered plans. Advisors served employers. Asset managers manufactured investment products. Insurers provided guarantees. Accumulation rewarded specialization. Decumulation does not.Creating income in retirement is not simply an investment decision. It requires coordinating Social Security, taxes, healthcare, outside assets, withdrawal strategies, estate planning, and, where appropriate, guaranteed…

Eoneren/iStock via Getty Images Download this episode on Apple Podcasts/Spotify or listen below: Reading The Markets’ Michael Kramer shares why it’s important to understand market direction, implied volatility and option positioning (1:00) Why he’s focused on healthcare and stocks like Illumina (7:40) Boston Scientific and Zoetis – lessons learned (15:20) Macro winds mattering less (19:00) Be wary of passive investing (30:15) Transcript Rena Sherbill: Very happy to welcome back Michael Kramer, who writes under Mott Capital Management and runs the investing group on Seeking Alpha called Reading The Markets. He has been on the platform for a very long time…