Citi highlights Diageo and British American Tobacco as top consumer stock picks ahead of the FIFA World Cup starting in June. The bank expects brewers and pub operators to benefit from improved trading conditions and increased beer consumption during the tournament. Diageo is noted for its strategic recovery under CEO Dave Lewis, with a key strategy update due in August. Citi also favors Carlsberg and AB InBev among beer stocks, anticipating earnings momentum and sector rerating in the coming months.
Eikon Therapeutics presented updated clinical data at the 2026 ASCO meeting showing encouraging results for its EIK1001 drug in first-line treatment of stage 4 non-small cell lung cancer (NSCLC), with a 63.1% response rate and good tolerability. The ...
ExxonMobil's Senior Vice President Neil Chapman warned that crude oil prices could surge to $150-$160 per barrel soon due to critically low inventory levels, despite recent price drops linked to U.S.-Iran peace talks. The company highlighted that str...
An early Ethereum investor sold about $136 million worth of ETH and wrapped staked ETH (wstETH) over the past week, averaging around $2,041 per ETH. This selling adds pressure as ETH tests the critical $2,000 support level, alongside ongoing ETF outf...
Bitcoin has declined sharply since its 2025 peak, falling 41% from $126k to around $73k in 2026. Institutional investors like Nakamoto Inc., which bought $679 million in BTC at an average of $118k, have suffered heavy losses, with Nakamoto losing $22...
XRP has shown signs of bottoming after a five-month consolidation, with smart money investors increasing accumulation. XRP ETFs recorded their best month in 2026, adding $131 million in inflows in May, contrasting with declines in Bitcoin and Ethereu...
