Elbit Systems Ltd. is set to release its Q1 earnings on May 26, with analysts forecasting earnings per share of $3.37, up from $2.57 last year, and revenue of $2.16 billion, compared to $1.9 billion previously. The company recently secured a $212 million contract from the U.S. Army for Enhanced Night Vision Goggles, which could boost its performance. Despite a recent 0.7% stock price drop, analysts from JP Morgan, Morgan Stanley, and B of A Securities have varied ratings but generally positive price targets, indicating cautious optimism ahead of the earnings report.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
