Bitcoin has recovered slightly above $61,000 after hitting a 2026 low near $59,750, but gold advocate Peter Schiff warns that the cryptocurrency could face a "Crypto Black Monday" and fall much further, possibly to zero. Schiff's recent poll showed 59% of respondents believe Bitcoin must hit zero before conceding his bearish stance. Despite the pessimism, some bullish investors point to technical indicators and models suggesting Bitcoin could rise to $165,000 or more. The key level to watch is whether Bitcoin holds above its 2026 low; a break below could trigger more selling and financial strain for some holders. The coming weeks will reveal if this downturn is a prolonged bear market or a buying opportunity for long-term investors.
Youdao reported strong Q2 2026 results, with earnings per share of $0.11 beating estimates of $0.02 and revenue rising 3.5% year-over-year to $216.20 million. The company achieved its eighth consecutive quarter of operating profitability, recording a...
ScanSource reported strong Q4 results with non-GAAP earnings of $1.46 per share, surpassing estimates by over 31%, and net sales rising 17.3% to $953.11 million driven by hardware demand and growth in North America. The company announced a $220.5 mil...
Scotiabank raised its price target for Simon Property Group to $222 from $220 while maintaining a neutral Sector Perform rating. The real estate trust reported a 19.5% revenue increase to $1.79 billion in Q2 2026, with stable 96% occupancy at its U.S...
UiPath CEO Daniel Dines has sold 1.4 million shares of the company, raising $22.5 million. This move may indicate a personal liquidity event or portfolio rebalancing by the CEO. Investors might watch for any impact on the stock price or future inside...
NetEase reported Q2 2026 earnings with revenue of approximately $4.40 billion, surpassing analyst expectations of $4.33 billion, driven by a 10% year-over-year increase in its games and value-added services segment. However, earnings per share fell s...
