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Bullish shares jump 12% despite $280M loss from Bitcoin writedown in Q2 2026

Market News
13 Aug 2026
Crypto Briefing
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Bullish
pluang ai news

Bullish, a crypto exchange backed by Peter Thiel, reported a $280 million net loss in Q2 2026, mainly due to a $244.6 million Bitcoin writedown. Despite this, shares rose nearly 12% as adjusted revenue of $92.6 million and adjusted EBITDA of $29.5 million beat expectations. The loss improved significantly from Q1's $605 million deficit. CEO Tom Farley highlighted growth prospects and a planned acquisition as reasons for optimism. Upcoming accounting rule changes could also affect future financial reporting.

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Genasys Q3 revenue dips but gross margin jumps; analyst sees 108% stock gain potential

Genasys Q3 revenue dips but gross margin jumps; analyst sees 108% stock gain potential

Genasys reported a Q3 2026 revenue drop to $7.3M due to supply-chain issues and a work suspension, not demand loss. Despite this, gross margin improved to 57.1% and operating loss narrowed to $4M, showing better efficiency. An analyst raised the pric...

Company Fundamentals
Bullish
42 minutes ago
Definitive Healthcare posts a stellar 41.44% ROIC, far surpassing its 5.78% capital cost.

Definitive Healthcare posts a stellar 41.44% ROIC, far surpassing its 5.78% capital cost.

Definitive Healthcare Corp. stands out with a remarkable Return on Invested Capital (ROIC) of 41.44%, significantly exceeding its Weighted Average Cost of Capital (WACC) of 5.78%. This means the company generates over seven times the value for every ...

Market News
Bullish
48 minutes ago
OptimumBank's price target raised to $11 amid strong financial growth and profitability.

OptimumBank's price target raised to $11 amid strong financial growth and profitability.

Industrial Alliance Securities raised OptimumBank Holdings' price target from $7.00 to $11.00, signaling a 15.24% potential upside. The bank shows strong financial health with a 2.04% ROAA, 20.34% ROAE, and a 4.57% net interest margin. Its loans grew...

Analyst Insights
Bullish
1 hour ago
Abeona Therapeutics' price target cut to $15 after Q2 revenue miss and operational issues with Zevaskyn therapy.

Abeona Therapeutics' price target cut to $15 after Q2 revenue miss and operational issues with Zevaskyn therapy.

Industrial Alliance Securities lowered Abeona Therapeutics' price target from $20 to $15 following a 14% stock drop after the company reported Q2 revenues of $11.4 million, missing analyst expectations. The company faces operational challenges with i...

Analyst Insights
Bearish
2 hours ago
Inovio advances DNA medicine pipeline with FDA review of INO-3107 and $18.3M funding secured

Inovio advances DNA medicine pipeline with FDA review of INO-3107 and $18.3M funding secured

Inovio Pharmaceuticals is progressing its DNA medicine pipeline with its lead candidate INO-3107 for Recurrent Respiratory Papillomatosis under FDA accelerated review, targeting a decision by October 30, 2026. The company raised $18.3 million in fund...

Market News
Bullish
2 hours ago
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