In June, stablecoins experienced their largest monthly outflow in four years, with $7.7 billion leaving the market, indicating a continued risk-off sentiment in crypto. Unlike previous cycles, this capital did not shift into traditional safe havens like gold, suggesting investors are largely staying on the sidelines rather than rotating assets. Stablecoin dominance has fallen while Bitcoin dominance remains steady near 60%, hinting that sidelined capital may be gradually returning to Bitcoin. A bottom in stablecoin dominance could signal Bitcoin's next upward move, marking a potential market bottom.
Elbit Systems reported Q2 2026 revenue of $2.29 billion, surpassing analyst expectations of $2.25 billion, supported by a $32 billion order backlog. However, earnings per share (EPS) came in at $3.61, slightly below the estimated $3.69. The company m...
Nvidia reported $81.61 billion in Q1 FY27 revenue, driven mainly by a 77% rise in compute and 199% jump in networking for AI data centers. Apple posted $109.4 billion in Q3 FY26 revenue, its strongest June quarter ever, with iPhone sales at $54.25 bi...
Western Digital reported a strong quarter with 44% year-over-year revenue growth, driven mainly by its cloud storage segment which now leads its revenue. The company saw a 22% increase in exabyte shipments and maintained strong pricing power, resulti...
The John Hancock Tax-Advantaged Dividend Income Fund (HTD) offers a 7.5% yield through a leveraged portfolio of utilities, financials, preferred stocks, and corporate bonds. While AI-driven electricity demand supports its utility holdings, high valua...
Bar Harbor Bankshares (BHB) has outperformed the S&P 500, gaining 21.6% since May and 29.2% since last March. The bank's fundamentals are improving with rising deposits, an expanding net interest margin of 3.61%, and net income growth to $15.2 millio...
