Spot Bitcoin ETFs experienced $334 million in net outflows on May 27, 2026, marking seven consecutive days of investor withdrawals. BlackRock's IBIT fund accounted for $192 million of these outflows, representing over half of the total. Despite this, a $1.3 billion whale trade in IBIT complicates the picture, as such large trades may reflect hedging or portfolio adjustments rather than outright selling. The sustained outflows suggest a cooling short-term appetite for spot Bitcoin ETF exposure, but the overall impact depends on Bitcoin's price movement and how the whale trade unfolds.
Mission Produce has finalized its acquisition of Calavo Growers, creating a stronger, vertically integrated fresh produce company with an expanded footprint in North America. This merger combines two leading avocado providers, enhancing sourcing, pac...
The US Surface Transportation Board (STB) has suspended its review of the proposed merger between Union Pacific (UP) and Norfolk Southern (NS), requiring the companies to provide additional detailed information. The STB and Canadian National Railway ...
Meta Platforms announced a quarterly cash dividend of $0.525 per share for its Class A and Class B common stock. The dividend will be paid on June 25, 2026, to shareholders recorded as of June 15, 2026. This move reflects Meta's ongoing commitment to...
Virgin Galactic's stock surged after a U.S. federal court granted preliminary approval for a settlement resolving two long-running shareholder derivative lawsuits. The settlement involves a $2.75 million payment from the company's insurers, with Virg...
At its 2026 Annual General Meeting, Alamos Gold shareholders voted with 78.39% turnout to re-elect all nominated directors and reappoint KPMG LLP as auditor. The meeting also saw approval of the company's executive compensation approach through a non...
