U.S. spot Bitcoin ETFs experienced about $527 million in net outflows over four trading days ending July 2, marking their eighth consecutive week of losses and the longest such streak since their launch. Despite a rebound on July 2 with $221.7 million inflows led by Fidelity and ARK funds, BlackRock's IBIT continued to see outflows, extending its redemption streak to 11 days and weighing on overall sector recovery. Ethereum ETFs also posted weekly outflows, though Hyperliquid products attracted some new capital. The market now watches if inflows can broaden across more ETFs and if IBIT can reverse its trend, as large Bitcoin holders have been accumulating coins amid ETF sell-offs.
Applied Materials projects sustained demand for its chipmaking equipment driven by AI infrastructure growth, expecting faster spending on wafer fab equipment through 2030. The company aims to increase its market share by over 2 percentage points from...
Gordon Haskett Capital Corporation set a $105 price target for Ollie's Bargain Outlet, suggesting an 18.1% upside from its current price around $89. The company’s board approved an additional $500 million share repurchase authorization, increasing to...
FRUIT Holdings, Inc. introduced PAVE, a new protocol designed to allow AI systems to call on human judgment and authority when needed. This approach ensures that human input retains its value, authority, and attribution within AI workflows, addressin...
AngioDynamics reported a 6.9% revenue increase to $80.9 million and a narrowed adjusted loss of 4 cents per share for Q1 fiscal 2027, with strong Med Tech sales growing 13.2%. Despite beating earnings expectations and improved gross margin, the stock...
Gates Industrial Corporation introduced the IntraLogix™ LRB-100, a new live roller belt made from a durable polyurethane material designed to replace conventional fabric belts in warehouse conveyor systems. This innovation aims to reduce maintenance ...
