Shares of Robinhood and Coinbase surged significantly after President Donald Trump publicly supported the Clarity Act, which aims to classify Bitcoin and other cryptocurrencies as commodities rather than securities. Robinhood rose 5% pre-market, reaching $100.60, while Coinbase jumped 9.6%, continuing its previous gains. Bitcoin also climbed 11% to $71,755, its highest since June, driven by growing tokenized equity trading, which hit $9 billion in 2026, an 800% increase. The Clarity Act procedural vote is set for September 15, marking a key moment for the cryptocurrency sector's regulatory future in the U.S.
Scotiabank raised its price target for Simon Property Group to $222 from $220 while maintaining a neutral Sector Perform rating. The real estate trust reported a 19.5% revenue increase to $1.79 billion in Q2 2026, with stable 96% occupancy at its U.S...
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...
