U.S. spot Bitcoin ETFs experienced $79.15 million in net inflows on July 16, led by BlackRock's iShares Bitcoin Trust (IBIT), marking a break after eight weeks of continuous outflows totaling over $8 billion. IBIT remains the largest and fastest-growing Bitcoin ETF in the U.S., outperforming competitors like Fidelity's FBTC. Meanwhile, Ethereum ETFs saw $28.04 million in net outflows on the same day, indicating a divergence in investor interest between Bitcoin and Ethereum products. This inflow signals a potential shift from sustained institutional selling to cautious re-engagement in Bitcoin ETFs, though Ethereum's continued outflows suggest an uneven recovery in the crypto ETF market.
Industrial Alliance Securities lowered Abeona Therapeutics' price target from $20 to $15 following a 14% stock drop after the company reported Q2 revenues of $11.4 million, missing analyst expectations. The company faces operational challenges with i...
Inovio Pharmaceuticals is progressing its DNA medicine pipeline with its lead candidate INO-3107 for Recurrent Respiratory Papillomatosis under FDA accelerated review, targeting a decision by October 30, 2026. The company raised $18.3 million in fund...
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 $...
