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ORBS jumps 13.9% as Bitmine reveals $91M stake, linking it to Ethereum and OpenAI exposure.

Market News
08 Sep 2026
Blockonomi
View Source
Bullish
ORBS jumps 13.9% as Bitmine reveals $91M stake, linking it to Ethereum and OpenAI exposure.

ORBS shares rose 13.91% to $1.0250 following Bitmine's disclosure of a $91 million investment in Eightco Holdings, which includes ORBS. Bitmine's $15.7 billion portfolio centers on Ethereum, holding 5.93 million ETH, and includes strategic crypto and tech investments. The stake gives ORBS added visibility through Bitmine's indirect exposure to OpenAI, connecting it to broader technology innovation themes. This move highlights ORBS amid strong crypto equity performance and Bitmine's growing Ethereum-based staking operations.

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Roivant Sciences price target jumps 24.7% after strong Phase 2 trial for lung disease drug

Roivant Sciences price target jumps 24.7% after strong Phase 2 trial for lung disease drug

Roivant Sciences saw its price target raised to $52 by Jefferies, reflecting a 24.7% potential gain, following positive Phase 2 trial results for mosliciguat, a drug treating pulmonary hypertension linked to interstitial lung disease. The trial showe...

Analyst Insights
Bullish
1 hour ago
EVI Industries posts strong Q4 revenue of $121.87M and 15% annual growth to $446.6M.

EVI Industries posts strong Q4 revenue of $121.87M and 15% annual growth to $446.6M.

EVI Industries reported Q4 revenue of $121.87 million, surpassing analyst expectations of $117.1 million, and achieved a record fiscal year revenue of $446.6 million, marking a 15% increase year-over-year. The company met earnings per share forecasts...

Company Fundamentals
Bullish
1 hour ago
Lakeland Industries wins new contracts despite ongoing losses and negative EPS forecast.

Lakeland Industries wins new contracts despite ongoing losses and negative EPS forecast.

Lakeland Industries continues to face profitability challenges with a projected negative EPS of -$0.06 and recent unprofitability. However, the company secured important contracts with the Hong Kong Government Flying Service and Airports of Thailand,...

Company Fundamentals
Neutral
1 hour ago
Intel shares jump on High-NA EUV tech progress and $120 price target upgrade

Intel shares jump on High-NA EUV tech progress and $120 price target upgrade

Intel's stock surged after Northland Securities upgraded it from "Market Perform" to "Outperform" with a $120 price target, following Intel Foundry's progress in High Numerical Aperture Extreme Ultraviolet (High-NA EUV) lithography. Intel has process...

Market News
Bullish
3 hours ago
ABM Industries beats Q3 EPS estimates with $1.04, posts record $2.3B revenue and strong cash flow.

ABM Industries beats Q3 EPS estimates with $1.04, posts record $2.3B revenue and strong cash flow.

ABM Industries reported strong Q3 2026 results, surpassing analyst EPS estimates with $1.04 per share versus the expected $1.01. The company achieved record revenue of $2.3 billion, a 4.2% increase driven by organic and acquisition growth. Adjusted n...

Company Fundamentals
Bullish
3 hours ago
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