Bitcoin briefly surged to $64,500 before settling around $64,200 following the Federal Reserve's decision to keep interest rates steady at 3.5%-3.75%. The market was initially shaken by a surprise Iranian missile strike on a U.S. base in Jordan, which pushed oil prices above $90 per barrel. Despite these geopolitical tensions, the Fed's rate hold helped stabilize markets, limiting crypto liquidations to $310 million. Looking ahead, bitcoin's price gains may depend more on internal factors like institutional adoption and ETF inflows than on macroeconomic trends, as the Fed could still raise rates later this year.
Bloom Energy reported a 165.5% revenue increase to $1.07 billion and a 680% jump in operating earnings per share for Q2 2026, driven by rising demand from AI data centers. Despite this strong financial performance, Jefferies lowered its price target ...
Humana's stock was upgraded to Outperform by Evercore ISI following strong Q2 2026 results. The company reported adjusted earnings of $7.61 per share and revenues of $40.9 billion, both exceeding analyst expectations, driven by a 20.7% growth in medi...
New Oriental Education & Technology Group reported Q4 2026 earnings with revenue rising 23% year-over-year to $1.53 billion, beating estimates. However, earnings per share (EPS) of $0.55 fell short of the expected $0.60. The revenue growth was driven...
Airbus is set to report strong Q2 2026 earnings with an expected $2.28 earnings per share and revenue around $23.19 billion. The company’s adjusted EBIT rose 54% to €2.43 billion, driven by increased jetliner deliveries and gains in its defense secto...
Tesla's stock fell 18% last week, marking its steepest weekly decline since 2022. Investors reacted negatively to CEO Elon Musk's plans to invest heavily in robotaxi technology and artificial intelligence, raising doubts about near-term profitability...
