Bitcoin is trading below its $68,500 Short-Term Holder Cost Basis and $75,800 True Market Mean, indicating ongoing weakness. Rising US Treasury yields and muted spot demand are keeping prices near cycle lows, preventing a strong recovery. On-chain data shows Bitcoin is in a capitulation phase, but financial stress is less severe than in past cycles. While derivatives sentiment is improving, spot buying remains limited, suggesting the bottoming process is not complete and a broader trend reversal has yet to occur.
Scotiabank raised its price target for Simon Property Group to $222 from $220 while maintaining a neutral Sector Perform rating. The real estate trust reported a 19.5% revenue increase to $1.79 billion in Q2 2026, with stable 96% occupancy at its U.S...
NetEase reported Q2 2026 earnings with revenue of approximately $4.40 billion, surpassing analyst expectations of $4.33 billion, driven by a 10% year-over-year increase in its games and value-added services segment. However, earnings per share fell s...
Hims & Hers Health is under federal investigation and lawsuit for alleged deceptive billing, difficult subscription cancellations, and unauthorized sharing of health data with advertisers. Barclays lowered its price target from $39 to $35, reflecting...
Advance Auto Parts reported Q2 earnings per share of $1.03, beating estimates of $0.81, but missed revenue expectations with $2.00 billion versus $2.04 billion forecasted. The revenue miss was driven by a surprise decline in same-store sales, signali...
OSI Systems is projected to report a fourth-quarter EPS of $3.77, up from $3.24 last year, with revenue expected to rise 4.6% to about $529.72 million. Despite strong earnings growth and a Buy rating from B of A Securities, the stock is considered mo...
