Ethereum's price surged 20%, boosting Bitmine Immersion Technologies' (BMNR) crypto reserves by $2.2 billion to $13.2 billion. Bitmine holds 5.815 million ETH, about 4.8% of the circulating supply, and has staked 87% of it, generating $250 million annually. Chairman Tom Lee supports Ethereum as a key platform for AI and robotics, viewing it as the operating system for future AI agents. This shift reflects growing institutional recognition of ETH's utility beyond speculation, positioning it as vital infrastructure for the emerging AI economy.
NetEase reported Q2 2026 earnings with revenue of approximately $4.40 billion, surpassing analyst expectations of $4.33 billion, driven by a 10% year-over-year increase in its games and value-added services segment. However, earnings per share fell s...
Hims & Hers Health is under federal investigation and lawsuit for alleged deceptive billing, difficult subscription cancellations, and unauthorized sharing of health data with advertisers. Barclays lowered its price target from $39 to $35, reflecting...
Advance Auto Parts reported Q2 earnings per share of $1.03, beating estimates of $0.81, but missed revenue expectations with $2.00 billion versus $2.04 billion forecasted. The revenue miss was driven by a surprise decline in same-store sales, signali...
OSI Systems is projected to report a fourth-quarter EPS of $3.77, up from $3.24 last year, with revenue expected to rise 4.6% to about $529.72 million. Despite strong earnings growth and a Buy rating from B of A Securities, the stock is considered mo...
Jefferies increased its price target for Estée Lauder to $100, citing strong fiscal Q4 results with net sales up 6% to $3.63 billion and adjusted EPS rising to $0.39, beating expectations. Growth was driven by skincare, fragrance, and makeup segments...
