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Standard Chartered keeps $100K Bitcoin target, calls Strategy's selloff a communication issue.

Market News
10 Jul 2026
Benzinga
View Source
Bearish
pluang ai news

Standard Chartered maintains its $100,000 Bitcoin price target for the end of 2026, attributing recent market weakness to Strategy Inc.'s shift in Bitcoin use rather than financial troubles. Strategy, which holds over 4% of Bitcoin's supply, has moved from a 'never sell Bitcoin' stance to using Bitcoin as collateral for its preferred stock business. This change caused a drop in its preferred stock price, but Standard Chartered sees it as a communication challenge that, if addressed, could restore investor confidence and reduce Bitcoin sales.

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Halper Sadeh LLC investigates fairness of recent mergers and sales for SLP, HUN, OLN, and PULM shareholders.

Halper Sadeh LLC investigates fairness of recent mergers and sales for SLP, HUN, OLN, and PULM shareholders.

Halper Sadeh LLC is investigating whether shareholders of Simulations Plus (SLP), Huntsman Corporation (HUN), Olin Corporation (OLN), and Pulmatrix (PULM) are receiving fair deals in recent mergers and sales. The firm suspects insiders may gain finan...

Market News
Bearish
1 hour ago
LB Pharmaceuticals grants stock options to new SVP under Nasdaq inducement rule

LB Pharmaceuticals grants stock options to new SVP under Nasdaq inducement rule

LB Pharmaceuticals has granted Christopher Zergebel, its new Senior Vice President of Clinical Operations, an inducement equity award of 75,000 stock options. The options have a ten-year term, an exercise price of $32.95 per share, and vest over four...

Company Fundamentals
Neutral
1 hour ago
YSX Tech reports 16.8% revenue growth with a strategic shift boosting service volumes by 28.8% in fiscal 2026

YSX Tech reports 16.8% revenue growth with a strategic shift boosting service volumes by 28.8% in fiscal 2026

YSX Tech Co., Ltd announced a 16.8% revenue increase to $83.5 million for fiscal year 2026, driven by a 28.8% rise in service volumes, especially in vehicle risk screening services which grew 112.1%. The company shifted focus from individual insuranc...

Company Fundamentals
Bullish
2 hours ago
UBS Group AG's stake in Bang & Olufsen falls below 5%, now holding 4.85% as of July 8, 2026.

UBS Group AG's stake in Bang & Olufsen falls below 5%, now holding 4.85% as of July 8, 2026.

UBS Group AG has notified Bang & Olufsen A/S that its shareholding and voting rights have dropped below the 5% threshold, holding 4.85% as of July 8, 2026. This update is in accordance with the Danish Capital Markets Act, which requires disclosure wh...

Market News
Neutral
4 hours ago
Central banks boost gold reserves despite price dips, signaling long-term confidence in gold's stability.

Central banks boost gold reserves despite price dips, signaling long-term confidence in gold's stability.

Central banks worldwide are increasing their gold reserves, with a record 45% planning to add more in the next year, according to recent surveys by the World Gold Council and OMFIF. Actual reserve data shows continued strong buying, highlighted by Ch...

Market News
Bullish
4 hours ago
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