In Q2 2026, the cryptocurrency market capitalization fell 12.6%, losing about $305 billion to reach $2.1 trillion, its lowest since September 2024. Bitcoin and Ethereum underperformed broader risk assets, declining 14.2% and 25.4% respectively, while traditional tech stocks gained due to AI interest. Factors like a hawkish Fed, geopolitical tensions, crypto ETF outflows, and notable Bitcoin sales contributed to the downturn. Despite overall cooling, prediction markets and tokenized collectibles showed growth, highlighting niche innovation amid cautious investor sentiment.
Arrowhead Pharmaceuticals saw its stock rise over 21% after positive late-stage trial results for its drug plozasiran, which significantly lowered triglyceride levels in patients with severe hypertriglyceridemia. Chardan Capital raised the price targ...
UBS has maintained a Market Perform rating on Comcast stock ahead of its Q2 earnings report, reflecting caution due to expected declines. Comcast is projected to report a 22.4% drop in earnings per share to $0.97 and a 3.75% revenue decrease to about...
City Holding Company reported strong Q2 2026 results with earnings per share (EPS) of $2.35, beating analyst estimates by nearly 6%. Quarterly revenue reached $81.52 million, up 4.3% year-over-year and slightly above expectations. This marks continue...
BankUnited reported Q2 2026 earnings per share of $0.97 and revenues of $284.57 million, both below analyst expectations. Despite the earnings miss, the bank achieved record growth in non-interest-bearing demand deposits, which reached 34.4% of total...
Rogers Communication reported better-than-expected Q2 2026 results, with earnings per share of $0.83 beating estimates of $0.80 and revenue reaching $3.96 billion, surpassing forecasts. The company showed improved financial discipline by increasing f...
