Since the launch of the first spot Bitcoin ETFs, such as Canada's Purpose Bitcoin ETF in 2021 and multiple U.S. spot Bitcoin ETFs in 2024, investors have seen moderate gains. A $1,000 investment in the Canadian ETF would have grown by about 14.34%, while direct Bitcoin investment rose 22.47% over the same period. Similarly, the Grayscale Bitcoin Trust ETF conversion in 2024 yielded a 22.43% gain, still trailing Bitcoin's 36.22% increase. The approval of spot Bitcoin ETFs has shifted institutional attitudes positively, but debate continues on their impact on Bitcoin's price trends and market cycles.
Affirm Holdings reported a strong fiscal Q4 with revenue up 33% year-over-year to $1.166 billion, surpassing estimates. Gross merchandise volume rose 36% to $14.1 billion, and the company expects fiscal 2027 GMV to exceed $64 billion, signaling at le...
Alnylam Pharmaceuticals saw its stock drop sharply after it lowered its 2026 sales guidance by about $200 million due to slower demand for its TTR products. Despite a strong biotech sector, Alnylam's shares fell by $81.14 per share, losing about 25% ...
Malibu Boats reported a strong fourth quarter with net sales up 42.7% to $295.5 million and adjusted EBITDA rising 72.7% to $33.9 million, beating earnings estimates with $0.92 per share versus $0.75 expected. The company benefits from organic growth...
Science Applications International Corporation (SAIC) is set to report its Q3 2026 earnings on August 31, with analysts expecting an EPS of $2.31 and revenue of $1.76 billion, both down from last year. Despite the decline, the company offers a quarte...
BYD Company Limited reported strong Q2 2026 results with earnings per share of $0.14, beating analyst estimates of $0.11. The company leads the global electric vehicle market by delivery volume and outperforms competitors like Tesla in profit margins...
