Goldman Sachs sold all its holdings in Solana and XRP exchange-traded funds (ETFs) in the first quarter, exiting positions it had acquired only the previous quarter. The bank also reduced its stakes in Bitcoin and Ethereum ETFs, trimming its iShares Bitcoin Trust ETF shares from 20.685 million to 17.985 million and cutting its iShares Ethereum Trust ETF stake by nearly 70%. However, it opened a new position in the iShares Staked Ethereum Trust ETF. This shift reflects Goldman Sachs' strategic reallocation within cryptocurrency ETFs amid market volatility and evolving investment priorities.
KE Holdings Inc. reported Q2 2026 earnings with an EPS of $0.42, surpassing the $0.31 consensus estimate. Although revenue declined 5.7% year-over-year to about $3.60 billion, the company doubled its net income thanks to effective cost controls and o...
Ubiquiti Inc. reported strong Q4 2026 results, surpassing analyst expectations with an EPS of $4.73 versus $4.03 estimated, and revenue of $937.32 million beating the $850.50 million forecast. The company’s financial health is robust, featuring a low...
Reddit joined the S&P 500 index on August 18, 2026, replacing AvalonBay Communities, which may increase demand for its shares from index-tracking funds. Morgan Stanley maintained an Overweight rating on Reddit but lowered its price target from $240 t...
BJ's Wholesale Club reported quarterly earnings per share of $1.36 and revenue of $6.23 billion, surpassing analyst expectations. The growth was driven by budget-conscious shoppers and strong membership momentum, pushing sales beyond the company's fo...
Webull Corporation reported impressive second-quarter results, demonstrating strong business performance despite challenging market conditions and volatility in the VIX index. The company's growth supports previous positive outlooks based on its savv...
