Fidelity Investments purchased $21 million worth of Bitcoin, continuing its steady accumulation of digital assets. This move adds to its broad crypto presence, which includes a spot Bitcoin ETF launched in 2024, crypto IRAs introduced in 2025, and direct Bitcoin trading options. Fidelity's growing crypto infrastructure signals a long-term commitment, especially with retirement accounts that tend to hold assets for decades, potentially impacting Bitcoin's supply and price dynamics over time. This institutional buying trend highlights Fidelity's role as a major bridge between traditional finance and crypto markets.
First Citizens BancShares reported strong Q2 2026 earnings of $57.09 per share, beating estimates by over 41%, with revenues of $2.24 billion surpassing expectations. Jefferies raised the stock's price target to $2,300, signaling a 4.35% upside. The ...
Quest Diagnostics reported strong Q2 results with adjusted EPS of $3.12, a 19.1% increase year-over-year, beating analyst estimates of $2.83. Revenue rose 10.2% to $3.04 billion, driven by a 13.1% increase in test volume, surpassing expectations. Jef...
Amalgamated Bank reported strong Q2 2026 results with earnings per share of $1.10, beating estimates by 10%, and revenues of $98.36 million, up nearly 7% from forecasts. The bank achieved record net income of $34.8 million and maintained a core effic...
Embedded LLM has introduced TokenVisor Spaces, a new product that enables AI cloud operators and enterprises to run governed, auditable AI agent services on AMD-powered infrastructure. The solution combines AMD EPYC CPUs for agent execution and AMD I...
Gentherm reported strong Q2 2026 results with earnings per share of $0.75, beating analyst estimates by 27%, and record revenue of $416.17 million, up 11% year-over-year. The growth was driven by robust automotive demand and new business worth $690 m...
