Following a firmware exploit in Coldcard hardware wallets, U.S. spot Bitcoin ETFs saw a net inflow of $790.6 million over one week, indicating strong institutional demand. Despite a single day of outflows, major ETFs, led by BlackRock's IBIT, attracted significant investments, showing resilience in institutional confidence amid security concerns. This trend highlights that institutional investors continue to prefer regulated Bitcoin products even when security issues arise with specific custody solutions. The data underscores the diverse ways institutions access Bitcoin and the ongoing demand for regulated investment options.
Truist Financial raised its price target for RXO to $28, signaling a 30% potential gain after the company reported strong Q2 results. RXO posted $1.77 billion in revenue, a 25% increase year-over-year, surpassing analyst estimates by nearly 15%. Earn...
Under Armour reported Q1 earnings with an EPS of $0.05, beating analyst estimates of $0.02 by 150%. However, revenue fell 3% year-over-year to $1.1 billion, slightly below expectations, mainly due to a 9% decline in North American sales. Internationa...
National Energy Services Reunited Corp. (NESR) is set to release its Q2 2026 earnings on August 10, with analysts expecting earnings per share of $0.35 and revenue of $448.54 million. The company recently secured $300 million in new five-year contrac...
Truist Financial raised Parker-Hannifin's price target to $1,358, reflecting a potential 25.78% upside after the company reported strong Q4 FY2026 adjusted earnings of $9.27 per share, beating estimates and showing 21% growth year-over-year. Sales hi...
RBC Capital increased its price target for RioCan to C$25.00 and maintained an "Outperform" rating, reflecting confidence in the REIT's strong operational performance. RioCan reported a high retail occupancy rate of 98.80% and a 6.10% rise in net inc...
