Bitcoin has likely bottomed at around $59,000, marking the end of the recent crypto downturn, according to Standard Chartered analyst Geoffrey Kendrick. This low represents a 53% drop from its all-time high of $126,000 in October. Key factors driving this turnaround include heavy selling of bitcoin ETFs to free cash for SpaceX's IPO, which has now launched, and a potential US-Iran peace deal that could stabilize oil prices and reduce macroeconomic pressures on crypto. Kendrick expects renewed bitcoin buying and positive ETF inflows to confirm a durable market bottom, with ether potentially outperforming bitcoin in the near term.
17 Education & Technology Group Inc. reported a strong first quarter for 2026 with net revenues soaring 359% year-over-year to RMB99.5 million, driven by its AI-powered personalized learning app Yiqi Aixue. The company improved its gross margin to 61...
The Schall Law Firm is investigating Simulations Plus, Inc. for potentially issuing false or misleading statements and failing to disclose important information to investors. This probe could impact shareholders who may have suffered losses due to th...
Brodsky & Smith LLC has announced investigations into the merger agreements of Simulations Plus, Roku, TruBridge, and Organon. The investigations focus on whether the respective company boards breached their fiduciary duties by not ensuring a fair pr...
Jeppesen ForeFlight has received the Department of Defense Impact Level 5 (IL5) Authority to Operate, the highest cybersecurity clearance for unclassified cloud systems. This authorization allows military and defense organizations to use ForeFlight f...
Sun Life Global Investments declared cash distributions for June 2026 for its exchange-traded fund (ETF) series. Unitholders of record on June 23, 2026, will receive payments on June 30, 2026, with distribution amounts ranging from CAD 0.075 to CAD 0...
