Jeremy Grantham, a veteran investor, has expressed skepticism about Bitcoin's ability to sustain its role as 'digital gold,' suggesting it may gradually disappear. While Bitcoin shares some features with gold, such as scarcity and portability, it lacks gold's long-established institutional trust and consistent safe-haven behavior during crises. Bitcoin's roughly 15-year history includes milestones like limited nation-state adoption and institutional integration, but it remains early in proving itself as a durable store of value. The future of Bitcoin as a digital gold depends on its performance in future market stress tests, regulatory developments, and broader institutional acceptance.
Chewy reported quarterly earnings of $0.36 per share, doubling analyst estimates of $0.18, with net income rising to $80.5 million from $62 million a year ago. Quarterly revenue reached $3.33 billion, slightly above expectations, marking a 7.3% incre...
AeroVironment, a leading drone maker, is set to report its Q3 earnings on September 9, 2026, with analysts expecting EPS between $0.22 and $0.25 and revenue near $452-$456 million. The company recently secured major contracts worth over $865 million ...
Bernstein has reduced the price target for Newmont Corporation to $144, reflecting challenges including a 13% drop in gold production and rising costs expected to reach $1,680 per ounce in 2026. Despite these issues, Newmont's stock gained 34.5% in A...
Barrick Mining maintains an 'Outperform' rating from Bernstein despite a lowered price target of $56.50, down from $61.00. The company reported an 11% increase in gold production in Q2 to 796,000 ounces, with further growth expected in the coming qua...
Paychex, a leading HR and payroll services provider, has seen its stock rise 30% over six months due to strong financial performance and strategic growth initiatives. The company leverages its AI-powered WISE platform to improve efficiency and profit...
