GSR updated its Core3 crypto model on August 12, increasing Solana's allocation to 43.6%, making it the largest holding, while Bitcoin and Ether allocations fell to 16.9% and 39.5%, respectively. This shift reflects Solana's stronger near-term price momentum, as it gained 2.98% over seven days, outperforming Bitcoin and Ether. Despite Ether leading 30-day returns with a 7.88% gain, GSR's model favors Solana based on proprietary signals rather than just recent returns. The update coincides with expanded U.S. exchange-traded product access to Solana, though GSR cautions that Core3 is a model framework, not investment advice, and allocations may change rapidly.
Morin Brit, a director at Life360, sold 15,582 shares of the company, generating $1 million from the transaction. This sale may indicate a personal financial decision or portfolio adjustment by the director. Investors might watch for any further insi...
AbCellera Biologics announced positive Phase 2 trial results for its experimental menopause drug ABCL635, which significantly reduced hot flash frequency by 83%. The stock surged 33.19% to a 52-week high of $11.32, boosting the company's market cap t...
TOMI Environmental Solutions reported a 118% year-over-year revenue increase to $2.25 million, surpassing analyst estimates of $1.84 million. The company also beat EPS expectations with a loss of $0.05 per share, better than the anticipated loss of $...
Seaport Global raised the price target for Madison Square Garden Sports Corp. to $473, reflecting a 17.13% potential upside. The company reported strong fiscal Q4 results with earnings per share of $1.19, beating estimates of $0.72, and revenue risin...
Airbus is outperforming Boeing in commercial aircraft orders, securing 821 net orders in H1 2026 compared to Boeing's 408. Morgan Stanley maintains an "Overweight" rating on Airbus, raising its price target to €255, reflecting confidence in the compa...
