U.S. spot bitcoin ETFs attracted $265.69 million in inflows on Monday, marking the largest daily increase in over a month and signaling renewed investor interest. Ether ETFs also gained $20.66 million, led by BlackRock's ETHA fund. Despite this positive daily movement, bitcoin ETFs still experienced a net outflow of $526.6 million over the past week, continuing an eight-week trend of weekly losses. Total bitcoin ETF assets rose to $77.32 billion, supported by both price recovery and returning investor demand, with bitcoin trading near $63,200 at the time of the report.
Ascendis Pharma A/S regained full control of its TransCon technology for metabolic diseases from Novo Nordisk, allowing it to independently develop and sell treatments, including for obesity. The company also authorized a $400 million share repurchas...
Deutsche Bank upgraded AstraZeneca's stock rating from Sell to Hold following mixed results from its drug trials. The lung disease drug tozorakimab showed strong Phase III results and received FDA priority review, signaling potential future growth. H...
Northrop Grumman and the U.S. Air Force successfully completed the vertical integration of a full-scale inert Sentinel intercontinental ballistic missile (ICBM) at Vandenberg Space Force Base, marking a key milestone in the missile's development. The...
MakeMyTrip Limited is maintained as a Buy due to its upcoming IPO of its Indian subsidiary, which could unlock value and help fund convertible redemptions. The company’s diversified business model, particularly in hotels and buses, helps offset chall...
Dave & Buster's stock fell 12% following a weaker-than-expected Q2 report with revenue down 2.4% and a net loss of $12.5 million. The company saw a 2.9% decline in same-store sales, driven by a 9% drop in entertainment sales, partially offset by food...
