More than 71% of Bitcoin's circulating supply is currently in unrealized profit, approaching a historical threshold that has preceded major bull markets since 2012. This metric, which tracks coins last moved below current prices, climbed through summer but remains sensitive to price swings around $77,000-$80,000. While $617 billion of invested capital is still underwater, short-term holders are mostly exiting near breakeven, indicating a controlled market rotation rather than panic selling. Future price moves above $80,256 could push profits higher and sustain a bullish trend, but dips below $77,000 risk reversing gains and stalling rallies.
General Electric (GE) announced it will acquire Consolidated Precision Products (CPP) for $11.75 billion to enhance its aerospace casting production. This strategic move aims to strengthen GE's manufacturing capabilities and accelerate engine technol...
Ionis Pharmaceuticals faced a setback when its experimental heart drug pelacarsen failed a Phase 3 trial to reduce cardiovascular events, causing an 8.6% stock drop. However, an analyst from Canaccord Genuity maintained a bullish $85 price target, im...
Casey's General Stores will release its Q3 2026 earnings on September 8 after market close, with analysts expecting an EPS of $6.78 and revenue of $5.56 billion. The company has a strong history of exceeding earnings estimates, with an average surpri...
Verisk Analytics introduced its new Verisk Fraud Discovery platform to enhance fraud prevention for insurers. Barclays adjusted the company's price target to $225, suggesting a 21.1% potential gain from the current stock price of $185.79. The company...
Adobe Inc. is undergoing a rare CEO transition with Anil Chakravarthy set to become CEO on December 1. Analyst opinions are divided: Oppenheimer rates Adobe as 'Perform' (hold), while Bank of America issues a 'Sell' rating with a $220 price target, c...
