Bitcoin fell below $62,000, reaching its lowest level since before the U.S.-Iran conflict started, as $1.5 billion in crypto longs were liquidated. This decline erased gains from earlier in the year and marked a 50% drop from Bitcoin's October 2025 peak of around $126,000. Spot Bitcoin ETFs experienced their 11th straight day of outflows, totaling about $3.83 billion since May, reducing assets under management from $108 billion to $82 billion. The market volatility increased sharply, signaling a shift from two months of calm, while institutional investors showed signs of retreat, highlighted by MicroStrategy's symbolic Bitcoin sale. This downturn contrasts with rising oil prices, a stronger dollar, and a bullish stock market driven by AI optimism, indicating a complex macroeconomic environment for Bitcoin.
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...
