The Bitwise Hyperliquid ETF (BHYP) reached over $105 million in assets under management (AUM) following a $15 million inflow on June 15, just a month after its May 15 launch. BHYP provides direct exposure to the Hyperliquid HYPE token, a blockchain focused on on-chain perpetual futures trading, and offers staking rewards to holders. This rapid growth highlights strong institutional interest in DeFi tokens within traditional investment vehicles. However, risks remain due to the protocol's youth and concentration in a single token, and future fee changes may affect investor behavior.
Yolanda Perez, VP of customer care and global operations at TownSq, has graduated from the SMU Tech CxO Excellence Program, enhancing her skills in strategic leadership, financial acumen, and AI-driven transformation. This achievement supports TownSq...
Kevin Warsh begins his tenure as Federal Reserve Chair with markets expecting stable interest rates. Historically, the S&P 500 tends to perform well after a new Fed Chair takes office, with an average 2.3% gain in the first month and positive returns...
CarMax reported first-quarter fiscal 2027 earnings of $1.31 per share, surpassing analyst estimates of 94 cents, with revenue rising 6.2% to $8.01 billion. However, gross profit declined 4.4%, and gross profit per retail used vehicle dropped by $230 ...
Oramed Pharmaceuticals Inc. will be added to the Russell 2000 and Russell 3000 indexes following the 2026 Russell indexes semi-annual reconstitution, effective June 29, 2026. This inclusion reflects Oramed's ranking among the 4,000 largest U.S. stock...
South Korea, though small in size, has become a major winner in the 2026 AI boom thanks to its dominance in high-bandwidth memory (HBM) production. Key companies SK Hynix and Samsung Electronics, which together make up nearly half of the iShares MSCI...
