Bitcoin's price briefly reached $66,932 but faced heavy selling pressure that pushed it below key support at $65,718, signaling bearish control. The critical $61,000 level, representing Binance's average acquisition cost, has been defended by buyers, mainly large holders or whales, who have accumulated nearly 20,000 BTC recently. This institutional buying offsets weakening retail demand and helps maintain market structure. If Bitcoin falls below $61,000, it risks a deeper correction below $60,000, but continued whale accumulation and ETF inflows could support a recovery despite volatility.
Meta, led by Mark Zuckerberg, is in early discussions to lease $10 billion worth of AI computing power to Anthropic. This deal could create a significant new revenue stream for Meta, helping to offset its substantial spending on artificial intelligen...
KLA Corporation reported better-than-expected quarterly earnings and revenue, with earnings per share at $1.05 and revenue of $3.66 billion, surpassing estimates. Despite this, the stock fell 6.64% due to disappointing forward guidance for the next q...
Benchmark reaffirmed a Buy rating for Sirius XM as the company prepares to release its Q2 earnings report, with analysts forecasting a 36.8% increase in earnings per share to $0.78 and revenues of $2.14 billion. Wells Fargo upgraded the stock, raisin...
Altisource Portfolio Solutions' CEO Shepro William B purchased 4,000 shares, increasing his stake to 8,686 shares, signaling confidence in the company's future. The company reported a 19% year-over-year increase in Q2 2026 service revenue to $48.70 m...
Prosperity Bancshares reported strong Q2 results with earnings per share of $1.62, surpassing the $1.51 analyst estimate, and revenue of $391.26 million, beating expectations and marking a 25.9% increase from last year. The bank's net interest margin...
