CME Group introduced Nasdaq CME Crypto Index futures on June 8, allowing traders to gain exposure to eight major cryptocurrencies including Bitcoin and Ether through a single market-cap weighted contract. The index includes BTC, ETH, SOL, XRP, ADA, LINK, BCH, and XLM, with Bitcoin and Ether holding the largest weights. These futures are cash-settled and available in two sizes: standard and micro. This launch marks a significant step in CME's crypto derivatives expansion, offering broader market access with Nasdaq's credibility, though early trading volumes remain low and diversification may be limited due to Bitcoin and Ether's dominance.
Tarsus Pharmaceuticals recently acquired Alkeus Pharmaceuticals, gaining worldwide rights to gildeuretinol, a promising Phase 3 drug for Stargardt's disease, which currently lacks FDA-approved treatments. Analyst Jefferies raised Tarsus' price target...
The Trade Desk is undergoing restructuring with a 15% workforce reduction costing up to $51 million, following its removal from the S&P 500 index which caused a 2% stock drop. Despite these challenges, the company shows strong financial health, repor...
GameStop reported Q2 2026 revenue of $790.20 million, beating analyst estimates but showing a 19% year-over-year decline due to a strong prior year and strategic store closures. The company's Collectibles segment grew 57% to $356.30 million, offsetti...
Raymond James analyst Michael Freeman raised Dyne Therapeutics' price target to $37, suggesting an 80.75% upside from its current price around $20.60. The clinical-stage biotech is advancing treatments for muscle diseases like Myotonic Dystrophy Type...
17 Education & Technology Group Inc. (17EdTech) will release its Q3 earnings on September 8, 2026, with analysts forecasting a loss of $8.60 per share and revenue of $73.47 million. Despite ongoing unprofitability, the company maintains strong financ...
