Investors withdrew $4.7 billion from US spot Bitcoin ETFs since mid-May, driven by a falling Bitcoin price and concerns over Federal Reserve rate hikes. Bitcoin dropped from above $79,000 to below $60,000, with $1.7 billion in ETF outflows in the past week alone, led by BlackRock's IBIT. The selloff followed strong US jobs data that reduced expectations for near-term Fed rate cuts, as new Fed Chair Kevin Warsh signals a possible hawkish stance on inflation. Traders now expect at least one rate hike by year-end, adding pressure on the digital asset market.
Cheniere Energy, a leading U.S. liquefied natural gas producer, saw strong institutional confidence with UBS reaffirming its Buy rating. Major investors like Beacon Pointe Advisors and Rakuten Investment Management increased their stakes, signaling o...
Yext reported Q2 earnings with an EPS of $0.21, surpassing analyst estimates of $0.17, resulting in a 23.53% earnings surprise. Despite this, the company's revenue was $111.10 million, slightly below the $111.30 million expected, marking its fourth c...
KKR received a Buy rating from UBS as it sells USI Insurance Services to Aon for $17 billion, marking a major strategic move. Despite facing a record $250 million penalty from the Justice Department over premerger rules, analysts see potential positi...
Heidmar Maritime reported Q2 2026 earnings per share (EPS) of $0.04, slightly below analyst estimates of $0.05 but improved from $0.01 a year ago. The company achieved strong revenue of $29 million, significantly beating expectations and showing a 20...
Credo Technology Group Holding Ltd. is set to release its Q3 earnings on September 1, 2026, with analysts forecasting a significant rise in earnings per share to $1.17 from $0.52 last year and revenue around $473 million, nearly doubling from the pre...
