Bitcoin has dropped over 16% in the past month while the S&P 500 rose 5%, driven by investors favoring AI stocks, commodities, and upcoming IPOs. Charles Schwab's Jim Ferraioli explains Bitcoin's struggle is due to a loss of momentum and competition from other speculative opportunities, not crypto-specific issues. Despite positive developments like ETF approvals and institutional interest, Bitcoin hasn't sparked the same speculative surge as before. Seasonal trading slowdowns and ongoing capital shifts suggest Bitcoin may face continued pressure unless it regains investor interest.
Bercor has introduced Bercor Pay, a USD Visa card designed for global consumers who frequently spend across borders. Launched on July 29, 2026, the card offers acceptance at millions of Visa merchants worldwide, supports Apple Pay and Google Pay, and...
Biogen has finalized its acquisition of RayThera Inc., a biotech company specializing in small-molecule therapies for immunology. This deal strengthens Biogen’s immunology portfolio by adding multiple assets aimed at treating immune-related condition...
Redwire Corporation reported better-than-expected Q2 results with a smaller loss of $0.09 per share and sales of $117 million, surpassing analyst estimates. The company achieved a record gross profit margin of 27.8% and a strong $542.1 million backlo...
Digi International reported strong Q3 results with earnings of $0.75 per share and revenue of $138.67 million, beating estimates. The company saw 29% revenue growth, a record adjusted EBITDA of $40 million, and $191 million in annual recurring revenu...
Brighthouse Financial reported Q2 2026 earnings and revenue below analyst expectations, with earnings per share at $4.45 versus the $4.86 consensus and revenue of $2.11 billion below the $2.18 billion estimate. Despite these misses, the company saw a...
