Economist Peter Schiff criticized MSTR Strategy Inc. for its recent Bitcoin purchase, claiming it caused shareholder losses and dilution, resulting in a negative Bitcoin yield per share. Despite MSTR's Bitcoin holdings declining over 8% recently, Schiff argues that owning MSTR shares is a poor way to gain Bitcoin exposure. Some traders counter that MSTR's strategy includes a $1 billion cash reserve to avoid further dilution or Bitcoin sales during market dips. Schiff remains skeptical, warning that cash reserves may be depleted by dividend payments on preferred shares, raising concerns about the company's financial sustainability.
The Treg cell-based therapies pipeline is robust with more than 29 pharmaceutical companies developing over 35 therapies targeting autoimmune diseases, graft-versus-host disease, and transplant rejection. Key players like Orca Bio, Cellenkos, and Que...
JM Smucker reported fiscal Q4 2026 adjusted earnings of $2.77 per share, surpassing analysts' $2.64 estimate, with net sales up 6% to $2.268 billion. Growth was driven by a 12% increase in U.S. retail coffee sales, aided by pricing actions and strong...
Technology stocks saw a sharp decline after an initial morning rally faded, with the semiconductor-focused ETF SOXL plunging 16.43% and AMD dropping nearly 7%. The selloff was driven by active short selling and investor caution ahead of the upcoming ...
ERShares has implemented measures to protect long-term investors in its XOVR ETF, which holds private exposure to SpaceX, ahead of SpaceX's expected historic IPO on June 12. The fund will restrict large creation orders and may impose up to 2% redempt...
Velo3D has formed a strategic partnership with Aurelia Technologies to enhance additive manufacturing for next-generation gas turbines. This collaboration aims to improve design efficiency and supply chain resilience, potentially lowering production ...
