Bitcoin miners continue to hold their positions and avoid heavy selling even though Bitcoin's price is about 17% below the average cost to mine it, and daily miner revenue has dropped from $60M to $20M since last October. On-chain data shows low selling pressure from miners, suggesting resilience despite financial challenges. This stability may be linked to some miners diversifying into AI infrastructure, which also caused a 17% drop in Bitcoin's hash rate. Meanwhile, public Bitcoin mining stocks have outperformed Bitcoin itself, gaining 20% year-to-date compared to Bitcoin's nearly 30% loss, likely due to their AI-related business pivots.
BMO Capital initiated coverage on Tenet Healthcare with a 'Market Perform' rating, indicating the stock is expected to perform in line with the broader market. The company is forecasted to report a 24.05% increase in Earnings Per Share (EPS) to $4.59...
Jaguar Health (JAGX) surged over 1,150% after the FDA granted fee waivers for its drugs Mytesi and Canalevia-CA1, signaling regulatory support. Greenland Mines (GRML) rose nearly 50% amid growing investor interest linked to U.S.-Greenland security de...
The market experienced a downturn with significant losses among key stocks. New Fortress Energy dropped 24.7% amid ongoing volatility in energy sectors, while Xanadu Quantum Technologies fell 21.7% reflecting sensitivity in quantum stocks to commerci...
Jefferies maintains a Hold rating on Capri Holdings due to uncertainty over a potential takeover. Despite a flat global luxury market, Capri's management expects growth in the second half of 2026, driven by new product launches, increased marketing, ...
The Vanguard Information Technology ETF (VGT) excludes major tech-adjacent companies like Alphabet (Google), Meta, and Amazon due to a 2018 sector reclassification that moved these firms out of the Information Technology sector. Instead, VGT focuses ...
