Tether's USDT stablecoin supply has fallen by about $4 billion over the past 60 days, one of the steepest declines in recent years, indicating a potential withdrawal of cash from the crypto market. Futures trading volumes on major exchanges like Binance and OKX have also dropped significantly, suggesting reduced trading activity and investor interest. Analysts believe this trend may reflect investors converting stablecoins back to fiat currency and stepping back from crypto rather than shifting funds within the market. This quieter period could lead to thinner liquidity and more volatile price swings when trading resumes.
Target is expected to report second-quarter earnings of $2.25 per share, a 9.8% increase from last year, with revenues projected at $26.06 billion, up 3.4%. Despite these positive forecasts, the stock has surged 57% year-to-date, leading an analyst t...
RLX Technology reported Q2 2026 earnings per share of $0.03 and revenue of $148.87 million, missing analyst expectations. Despite this, the company achieved 14.8% year-over-year revenue growth, mainly due to its expanding international market, which ...
RBC Capital set a new price target of $9.00 for Paysafe, indicating a potential 34.45% upside from its current price of $6.69. Paysafe reported 7% revenue growth in the first half of 2026, driven by strategic investments in marketing and technology, ...
Greenland Technologies (GTEC) reported strong Q2 2026 results, with earnings per share of $0.13 surpassing estimates of $0.09 and revenue rising 37.6% to $29.9 million. The company turned profitable with a net income of $4.9 million, reversing last y...
NRx Pharmaceuticals is set to report quarterly earnings with an expected loss of $0.09 per share and revenue of $1.33 million, reflecting ongoing financial challenges. Despite negative profitability and cash flow metrics, the company received positiv...
