After ten days of continuous outflows, US spot Bitcoin ETFs recorded a net inflow of about $223.5 million on July 2, reversing a painful streak that saw billions withdrawn since their January 2024 launch. This inflow represents roughly 3,730 BTC returning to the funds, following a tough period marked by Bitcoin price corrections and significant redemptions totaling around $4.4 billion over May and June. Despite recent volatility, these ETFs have amassed over $51.5 billion in cumulative net inflows, holding about 3% of Bitcoin's total circulating supply, with BlackRock's IBIT dominating asset management. The inflow signals potential renewed institutional interest in Bitcoin ETFs after a challenging period.
Xiaomi Corp reported better-than-expected earnings per share of $0.05 and revenue of $16.04 billion, surpassing analyst forecasts. However, the company faces significant margin pressure from rising component costs and weaker consumer demand, causing ...
Mercury Systems, a tech company in aerospace and defense, is expected to report Q2 earnings with EPS of $0.38, a 19.2% drop year-over-year, and revenue of $266.10 million, down 3%. Despite the decline, the company maintains a low debt-to-equity ratio...
An analyst from Scotiabank raised the price target for Public Storage (NYSE: PSA) to $346, suggesting a potential 5.75% upside from the current price of $327.18. Institutional investors like Capital Financial Group and Harvest Fund Management have in...
Corporacion America Airports reported Q2 2026 revenue of $534 million, surpassing analyst estimates of $497.52 million, showing strong sales performance. However, earnings per share (EPS) came in at $0.32, below the expected $0.51, indicating lower p...
Analysts have raised their price targets for Cheniere Energy, signaling confidence in the company's future growth. Argus increased its target to $330, suggesting a 20.33% upside from the current price of around $274. TD Cowen also raised its target t...
