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Coinbase Bitcoin Premium Index hits record 50-day negative streak, showing weak US Bitcoin demand.

Market News
07 Jul 2026
Crypto Briefing
View Source
Bearish
Coinbase Bitcoin Premium Index hits record 50-day negative streak, showing weak US Bitcoin demand.

The Coinbase Bitcoin Premium Index has remained negative for 50 consecutive days as of July 7, 2026, marking the longest such streak ever. This indicates US Bitcoin buyers are paying less than the global average, reflecting weak domestic demand compared to international markets. The trend coincides with a $6 billion net withdrawal from US Bitcoin ETFs this year, with ETF assets dropping from over $150 billion to $74.37 billion. Historically, extended negative premiums signal bearish sentiment and potential price corrections, so investors should watch ETF flows and premium shifts for signs of renewed US institutional interest.

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Korn Ferry beats Q1 earnings and revenue estimates but stock dips on cautious Q2 outlook

Korn Ferry beats Q1 earnings and revenue estimates but stock dips on cautious Q2 outlook

Korn Ferry reported strong Q1 results with earnings per share of $1.43 and revenue of $756.5 million, both exceeding analyst expectations and marking continued growth. Despite this, the stock fell due to conservative guidance for the next quarter, wh...

Company Fundamentals
Neutral
2 hours ago
SailPoint Q2 revenue slightly misses estimates but shows strong ARR growth and EPS beat.

SailPoint Q2 revenue slightly misses estimates but shows strong ARR growth and EPS beat.

SailPoint reported Q2 2026 earnings with revenue of $308.81 million, slightly below estimates but up 17% year-over-year. Adjusted EPS of $0.09 beat analyst expectations by 12.5%, reflecting improved profitability. The company showed strong subscripti...

Company Fundamentals
Neutral
3 hours ago
The Cooper Companies forecast Q3 EPS of $1.12 and $1.10B revenue, with an analyst raising price target to $80.

The Cooper Companies forecast Q3 EPS of $1.12 and $1.10B revenue, with an analyst raising price target to $80.

The Cooper Companies is set to report its Q3 2026 earnings with analysts expecting earnings per share (EPS) of $1.12 and revenue of $1.10 billion, both showing growth from the previous year. Despite a recent 2.7% drop in stock price to $67.69, an ana...

Company Fundamentals
Bullish
3 hours ago
Intellia Therapeutics gains as FDA grants Priority Review for HAE treatment and analyst hikes price target.

Intellia Therapeutics gains as FDA grants Priority Review for HAE treatment and analyst hikes price target.

Intellia Therapeutics saw a boost after Wedbush analyst raised its price target to $13, signaling potential upside from its current $12.64 share price. The FDA granted Priority Review to Intellia's lonvo-z treatment for Hereditary Angioedema, with a ...

Analyst Insights
Bullish
4 hours ago
Marqeta partners with BVNK to offer stablecoin-backed payment cards globally.

Marqeta partners with BVNK to offer stablecoin-backed payment cards globally.

Marqeta has partnered with BVNK to enable stablecoin-backed card capabilities for both crypto and non-crypto companies. This collaboration allows Marqeta's customers to integrate stablecoins into wallets, cards, and financial products, enabling users...

Market News
Bullish
4 hours ago
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