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10:57
Under Armour fourth quarter net revenue was $1.17 billion, down 0.8% year-on-year, in line with the estimate of $1.17 billion.
Loss per share for the fourth quarter was $0.10, compared to a loss per share of $0.16 in the same period last year. Operating loss for the fourth quarter was $33.7 million, compared to a loss of $72.1 million in the same period last year. The estimated loss was $17.4 million.
10:56
Lorenzo's first governance proposal plans to add 454.8 millions BANK to circulating supply, accounting for approximately 21.66%.
According to Odaily, Lorenzo Protocol has announced that its on-chain governance system, Lorenzo Governance, is officially live, and the first governance proposal is now open for voting. This proposal intends to shorten the vesting periods for six categories of BANK tokens, including rewards, investors, ecosystem development, team, treasury, and advisors. If the proposal passes, Lorenzo Tokenomics will upgrade from V2 to V3, and both the total and circulating supply will immediately increase by 454.8 million tokens, an increment of approximately 21.66%. In addition, veBANK holders can now participate in protocol decisions through on-chain governance. This vote will last until May 17, 2026, at 16:00 (UTC).
10:52
Wells Fargo increased its holdings of ETH ETFs in the first quarter and significantly added to its position in Strategy stocks.
Odaily reports that Wells Fargo's latest 13F filing shows that in the first quarter of 2026, the bank increased its holdings in several spot Ethereum ETFs, including BlackRock's ETHA and Bitwise's ETHW. Specifically, ETHA holdings rose from approximately 672,600 shares in the fourth quarter of 2025 to about 1.1 million shares, an increase of around 63.5%. ETHW holdings grew from about 186,800 shares to approximately 257,000 shares, an increase of roughly 37%. By the end of the first quarter, Wells Fargo's total ETH ETF holdings were valued at around $21.5 million. In contrast, its Bitcoin ETF holdings showed divergence: IBIT holdings declined slightly, while holdings in BITB and Grayscale Bitcoin Mini Trust ETF increased by about 24% and 41%, respectively. IBIT remains the bank's largest crypto ETF holding, with a scale of approximately $250 million. Additionally, Wells Fargo made significant adjustments to its crypto-related stock positions. Its holdings in Galaxy Digital decreased by about 97%, while holdings in Strategy increased from roughly 322,700 shares to 726,000 shares, a rise of approximately 125%. (Cointelegraph)
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