MSCI proposed removing companies holding over 50% of assets in digital currencies from its major indexes, targeting about 39 firms including Strategy (formerly MicroStrategy), which holds a significant Bitcoin treasury. Strategy argued it operates as an active business using Bitcoin as capital, not a passive investment, and formally opposed the move. MSCI ultimately decided not to exclude these companies, preserving their index inclusion and supporting the viability of Bitcoin treasury strategies among public firms. This decision maintains institutional demand and liquidity benefits for companies holding Bitcoin on their balance sheets.
Morin Brit, a director at Life360, sold 15,582 shares of the company, generating $1 million from the transaction. This sale may indicate a personal financial decision or portfolio adjustment by the director. Investors might watch for any further insi...
AbCellera Biologics announced positive Phase 2 trial results for its experimental menopause drug ABCL635, which significantly reduced hot flash frequency by 83%. The stock surged 33.19% to a 52-week high of $11.32, boosting the company's market cap t...
TOMI Environmental Solutions reported a 118% year-over-year revenue increase to $2.25 million, surpassing analyst estimates of $1.84 million. The company also beat EPS expectations with a loss of $0.05 per share, better than the anticipated loss of $...
Seaport Global raised the price target for Madison Square Garden Sports Corp. to $473, reflecting a 17.13% potential upside. The company reported strong fiscal Q4 results with earnings per share of $1.19, beating estimates of $0.72, and revenue risin...
Airbus is outperforming Boeing in commercial aircraft orders, securing 821 net orders in H1 2026 compared to Boeing's 408. Morgan Stanley maintains an "Overweight" rating on Airbus, raising its price target to €255, reflecting confidence in the compa...
