Since March, the Bitcoin spot ETF iShares Bitcoin Trust (IBIT) has outperformed the gold ETF SPDR Gold Shares (GLD) by about 33 percentage points. IBIT attracted $4.2 billion in inflows while GLD saw $9 billion in outflows, signaling a $13 billion shift in institutional capital from traditional gold to digital assets. This reflects a changing view of safe-haven assets amid inflation and geopolitical uncertainty, with investors increasingly treating Bitcoin ETFs as part of diversified macro hedges. The trend suggests a structural shift in portfolio strategies blending traditional and digital stores of value.
Logansport Financial Corp., the holding company for Logansport Savings Bank in Indiana, announced a quarterly cash dividend of $0.45 per common share for the second quarter of 2026. The dividend will be paid on July 13, 2026, to shareholders recorded...
Cerebras Systems is set to go public with an IPO expected to value the company at over $50 billion, despite underlying operating losses. This IPO highlights market concerns as AI deployment at scale remains slow, with only 19% of companies reporting ...
Universal Music Group held its 2026 Annual General Meeting where shareholders approved all resolutions, including a final dividend of EUR 0.28 per share for 2025. Combined with the interim dividend of EUR 0.24 paid in October 2025, the total dividend...
Chinese solar manufacturers are reducing their ownership in U.S. operations due to new Trump administration rules limiting subsidies for China-linked solar panels made in the U.S. Companies like JinkoSolar are selling majority stakes in their U.S. su...
Eli Lilly released positive results from two late-stage obesity studies showing that patients maintained significant weight loss after switching to either Foundayo or a lower dose of Zepbound. The SURMOUNT-MAINTAIN trial showed continued weight loss ...
