US spot Bitcoin ETFs experienced $201.81 million in outflows on August 28, ending a nine-day streak of inflows totaling about $3 billion. The total assets under management for the 12 listed ETFs fell below $100 billion to around $96.5 billion. The drop in Bitcoin price from above $81,000 to below $78,000 prompted institutional investors to reduce exposure, with ARK 21Shares' ARKB seeing the largest outflows of $114.89 million. Despite the selloff, BlackRock's IBIT remains the top ETF by cumulative gains this year, and overall holdings across these funds stay near 1.244 million BTC.
Occidental Petroleum has reduced its debt to $11.8 billion, approaching its $10 billion goal, which strengthens its financial position and flexibility. The company forecasts sustainable $4 billion annual cash flow by 2030, with strong free cash flow ...
Qualys reported Q2 2026 results that exceeded analyst expectations, showing solid revenue growth, expanding profit margins, and strong cash generation. The company benefits from increased demand driven by GenAI-related security threats and launched a...
Bitcoin repeatedly tested the $80,000 level but has yet to confirm a clear breakout. The number of Bitcoin in profit reached 14 million, signaling potential selling pressure from holders looking to take profits. However, investor confidence appears t...
Lockheed Martin received a buy rating due to its record $230.4 billion backlog and nearly doubled missile backlog of $87.9 billion, which support future revenue and cash flow growth. The stock is fundamentally undervalued with a PEG ratio of 0.97 and...
Bitcoin's price dropped to $78,400 following comments from Federal Reserve official Christopher Warsh, who minimized the significance of recent softer inflation figures. This suggests the Fed may maintain a cautious approach to monetary policy despit...
