US spot Bitcoin ETFs experienced $231 million in outflows on June 29, marking the eighth consecutive day of withdrawals and contributing to June's total approaching $4 billion. Ethereum ETFs also saw $30 million in outflows the same day. The ongoing sell-off is driven by rising interest rates, which make safer assets like Treasury bonds more attractive compared to volatile cryptocurrencies. Investors are closely watching whether this trend reverses, especially in BlackRock's dominant Bitcoin fund, as any changes in Federal Reserve rate policies could quickly impact crypto ETF flows.
Morgan Stanley increased its price target for Ryder System to $320, reflecting an 18.27% potential upside based on strong Q2 results. Ryder reported its seventh consecutive quarter of earnings-per-share growth with Q2 EPS of $3.73, beating estimates....
Choice Properties Real Estate Investment Trust reported strong Q2 2026 results, including a 19% average leasing spread and 97.7% portfolio occupancy. The company also saw a 2.8% growth in same-asset net operating income, reflecting solid demand and e...
Tenet Healthcare Corporation reported strong Q2 2026 results, with earnings per share of $6.12, surpassing analyst estimates of $4.26 by a wide margin. Revenue also exceeded expectations at $5.63 billion, showing growth from the previous year. The co...
United Rentals reported record second-quarter results with total revenue up 12% to $4.40 billion and rental revenue rising nearly 13% to $3.80 billion. Adjusted earnings per share grew 22% to $12.76, beating estimates by over 9%. The strong performan...
Lamb Weston reported strong Q4 2026 financial results, surpassing analyst expectations with earnings of $0.87 per share versus the estimated $0.63, and revenues of $1.77 billion beating the $1.70 billion forecast. The company's performance was driven...
