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Bitcoin rallies to $79,000, pushing Michael Saylor's holdings back into profit.

Market News
21 Aug 2026
UToday
View Source
Bullish
pluang ai news

Bitcoin's price surged over 10% to reclaim $79,000, helping long-term investor Michael Saylor recover from multi-billion dollar losses. Saylor's company, Strategy, holds 840,447 BTC worth about $65.24 billion, now showing a modest profit of $1.63 billion after months underwater. Despite this gain, Strategy still has unrealized losses of around $103.58 million. This rally highlights renewed market strength and could signal further recovery for Bitcoin investors.

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KE Holdings beats EPS estimates with strong profit despite revenue drop in Q2 2026

KE Holdings beats EPS estimates with strong profit despite revenue drop in Q2 2026

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...

Company Fundamentals
Bullish
35 minutes ago
Ubiquiti beats Q4 2026 earnings estimates with $4.73 EPS and strong $937M revenue, showing solid financial health.

Ubiquiti beats Q4 2026 earnings estimates with $4.73 EPS and strong $937M revenue, showing solid financial health.

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...

Company Fundamentals
Bullish
2 hours ago
Reddit joins S&P 500; Morgan Stanley keeps Overweight rating with $210 target.

Reddit joins S&P 500; Morgan Stanley keeps Overweight rating with $210 target.

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...

Market News
Bullish
3 hours ago
BJ's Wholesale Club beats earnings and revenue estimates with strong membership growth.

BJ's Wholesale Club beats earnings and revenue estimates with strong membership growth.

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...

Company Fundamentals
Bullish
3 hours ago
Webull posts strong Q2 results, showing resilience amid market volatility and boosting investor confidence.

Webull posts strong Q2 results, showing resilience amid market volatility and boosting investor confidence.

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...

Company Fundamentals
Bullish
4 hours ago
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