Bitcoin, ether, and other cryptocurrencies rallied after former US President Donald Trump expressed support for the crypto sector and urged Congress to pass a supportive bill. The US Treasury's move to increase buybacks of long-term bonds lowered yields, making riskier assets like Bitcoin more attractive. Experts predict Bitcoin could reach $100,000 by the end of 2026, driven by favorable macroeconomic and policy factors. This momentum also triggered significant short liquidations and pushed ether to a three-month high.
Trevi Therapeutics is leveraging the dual mechanism of its drug Haduvio to treat chronic cough associated with idiopathic pulmonary fibrosis (IPF). The company plans to expand its treatment to other interstitial lung diseases (ILD) and refractory chr...
ServiceNow reported a 23% increase in subscription revenues to $3.8 billion, with key metrics like cRPO and RPO growing over 21% year-over-year. The company's professional services revenue remains small and does not significantly affect its stock out...
US spot Bitcoin ETFs saw a massive $517.2 million inflow on Wednesday, the largest since May 4, driven mainly by BlackRock's IBIT. This surge reflects growing institutional interest as Bitcoin's price recovers to around $64,000-$65,000. Spot Bitcoin ...
Frontline (FRO) is rated a Buy due to strong near-term cash flows and a conservative earnings floor, supporting a projected dividend yield of around 7% through 2028-29. Although its valuation is no longer cheap, with forward PE around 14x, the compan...
Walmart will report its fiscal second-quarter earnings, providing insight into U.S. consumer health amid a divided economy. The company, which focuses on value for lower-income shoppers while attracting higher-income customers, faces challenges from ...
