Stock Market & Financial News
What is Next for Bitcoin's Price? Experts Share Key Near-Term Expectations
Bitcoin is currently struggling to defend the $60,000 threshold amid institutional pullback and technical uncertainty.
Allison Transmission: Attractive Valuation Despite Near-Term Headwinds
Allison Holdings (ALSN) offers a compelling buying opportunity, trading at a ~43% P/E discount to peers with strong margin and growth prospects. The Off-Highway business acquisition and robust defence market demand drive revenue growth, offsetting temporary On-Highway headwinds from emission regulations. ALSN targets a long-term adjusted EBITDA margin of 25–27%, supported by pricing power, synergy realization, and operational efficiency.
HIHO Panmure Liberum says wine takeover exposes deep value at Naked and Virgin
Panmure Liberum has argued that a take-private bid for Sweden's Viva Wine Group lays bare how cheaply the UK's direct-to-consumer wine companies are trading, reiterating buy ratings on both Naked Wines PLC (AIM:WINE, OTCQX:NWINF, FRA:MWJ) and Virgin Wines UK PLC (AIM:VINO). The broker said the offer for Viva, pitched at 8.5 times forecast 2026 enterprise value to earnings before interest, tax, depreciation and amortisation, highlighted a steep valuation gap with the two London-listed players.
VINO J Sainsbury plc (JSAIY) Q1 2027 Sales/Trading Call Transcript
J Sainsbury plc (JSAIY) Q1 2027 Sales/Trading Call Transcript
JSAIY 
3 Top Financial Institutions Announce Over $70 Billion in Share Repurchases
Top financial institutions just announced significant share buyback programs, many of which came after passing the Federal Reserve's stress test. The Fed's stress test sets up a hypothetical recession and assesses whether a bank's balance sheet will hold up under pressure.
JEF 
TD Cowen slashes Strategy target to $260 on bitcoin outlook, calls new capital framework ‘constructive'
TD Cowen cut its Strategy price target to $260 from $400 on a lower bitcoin forecast, while calling its new capital framework "constructive."
StarkWare unveils Starknet post-quantum roadmap, calling it crypto's ‘strongest' to date
StarkWare debuted a three-phase roadmap to make Starknet quantum-ready within months, according to the company.
Viridian Therapeutics: Lumvoa Ready For Prime Time Following FDA Approval
Viridian Therapeutics received early FDA approval for Lumvoa, offering a label advantage over Amgen's Tepezza in thyroid eye disease. Lumvoa's shorter infusion course, inclusion of chronic TED data, and immediate availability position VRDN for commercial success, though management is tempering near-term revenue expectations. Elegrobart's underwhelming REVEAL-1 phase 3 results limit its competitive edge in active TED but highlight its convenience and potential in underpenetrated chronic TED based on REVEAL-2 study results.
VRDN 
Here's when Tesla will surpass SpaceX market cap, according to ChatGPT
Tesla (NASDAQ: TSLA) could overtake SpaceX (NASDAQ: SPCX) in market capitalization by July 2027, according to an analysis by OpenAI's ChatGPT that considered the latest developments across Elon Musk's companies.
TSLA 
SanDisk: Micron Confirmed The Memory Supercycle
SanDisk is emerging as a direct beneficiary of AI inference growth, with enterprise SSDs becoming increasingly critical for large-scale storage workloads. Management is replacing volatile spot pricing with long-term supply agreements, improving revenue visibility and reducing traditional NAND earnings cyclicality. The commercial rollout of Stargate QLC SSDs and future High Bandwidth Flash technology positions SanDisk for the next phase of AI infrastructure.
MU 
$200 Million Crypto Liquidations Fueled by Short Squeeze as Altcoins Outperform Bitcoin
Roughly $200 million in leveraged crypto positions were liquidated over the past 24 hours, with the bulk coming from short positions—a dynamic that helped trigger a series of fast, localized rallies across altcoins even as Bitcoin (BTC) failed to establish a clear upward trend. Data cited in the report showed total liquidations at about $199.87 million, split between $76.97 million in long liquidations and $122.90 million in short liquidations.
Imugene reports first complete response in azer-cel BTKi cohort
Imugene Ltd (ASX:IMU, OTC:IUGNF, FRA:ILA) has reported the first complete response in the concurrent Bruton Tyrosine Kinase inhibitor (BTKi) cohort of its...
MSFT 
XRP ETF Demand Persists as Bitwise Surpasses $500 Million Inflow Milestone
The persisting market volatility has continued to heavily impact the performance of crypto ETFs, except for XRP, which has managed to retain steady but subtle demand despite the market bloodbath.
Jaguar Mining: Low Capex Route To Double Production
Jaguar Mining is rated BUY with 60% upside, targeting CAD$8, driven by ramping production and strong reserve life. JAG benefits from significant reserves, underutilized mills, and potential production growth to 120,000 oz/year, supporting a 20+ year mine life. Valuation remains attractive at 5.4x EV/FCF (our estimate) and a P/NAV at 0.37x, though highly sensitive to gold prices.
JAGGF 
Ripple CEO Calls out Michael Saylor's Bitcoin Strategy, Says It Has Hurt the Crypto Market
Garlinghouse has criticized Saylor's bitcoin strategy, arguing that using financial instruments to fund purchases has negatively affected the crypto market.
Three Roundhill ETFs Built for Investors Who Want a Paycheck Every Single Weekday
For those seeking passive income with more frequent, supercharged payments, there's a slate of Roundhill ETFs to choose from.
TSLW 
Bitcoin Falters on the Edge of the Cliff: Is a Drop to $50K Next?
It might be taking a while, but the long-expected crash for Bitcoin may not be that far away now. Lower highs since mid-June have left the number 1 cryptocurrency wavering on the brink at $59K.
Grayscale Sees Bitcoin Near Cycle Low Under Bullish Scenario
Digital asset investment firm Grayscale has charted a possible breakout for Bitcoin (BTC) hinged on macro and regulatory factors.
A 23% plunge in personal wealth leaves this country trailing its global peers
The average wealth per person has rapidly dropped in this country — and it's not looking good compared with other developed markets.
EWU 
New York Life partners with Centrifuge to tokenize institutional high-yield bond strategy
Tokenizing high-yield bonds could revolutionize institutional investing by enhancing transparency, efficiency, and access to diverse asset classes. New York Life partners with Centrifuge to tokenize institutional high-yield bond strategy.
D-Wave Quantum Is Winning Over Washington, and Investors Should Take Notice
D-Wave is selected to receive $1.6 million from the National Science Foundation. It's the company's latest federal funding injection.
QMCO 
USD/JPY forecast: When will Japan intervene again as yen drops to multi decade low?
Today, the USD/JPY has again raised become centre of attention after surging beyond the 162.00 level, putting Japanese authorities in an increasingly uncomfortable position. The move has pushed the yen to its weakest against the dollar level since 1986, prompting fresh speculation that Tokyo could soon step into the foreign exchange market.
Oil Finds No Silver Lining
Oil has returned to the levels seen before the armed conflict in the Middle East much sooner than expected. Brent's fall of almost 40% from its March highs is not solely due to more barrels coming from the Persian Gulf.
DoorDash - A Quality Founder-Led Business On Sale
DoorDash (DASH) stands as the dominant delivery platform, boasting a 56% market share and robust international expansion via strategic M&A. DASH's expanding moat is reinforced by its three-sided marketplace, high DashPass adoption, and optionality to enter new verticals like reservations and travel. Despite regulatory and competition risks, DASH achieved profitability in 2024, with Q1 2026 revenue up 33% YoY and adjusted EBITDA rising 28%.
DASH 
FTSE 100 Live: London index at 10-week high as Sainsbury's, miners and banks climb
FTSE 100 up 123 points at 10,607 Miners climb on higher copper prices Sainsbury's Q1 update impresses 12.05pm: FTSE at 10-week high The FTSE 100 has...
ZPHRF 
FLOT: Simple Quality Floating Rate Bond, One Step Above T-Bills On Risk-Return
High-quality floating rate bonds have broadly similar characteristics to t-bills, with slightly higher yield, risk and volatility. FLOT is a simple index ETF investing in these securities, with a 4.0% SEC yield. Income could grow if the Fed hikes rates later in the year, a distinct possibility.
FLOT 
Unsustainable for Strategy to Own $50 Billion in BTC with a $29.54 Billion Valuation: Peter Schiff
The move comes after Saylor's company continues to face extensive criticism from business leaders, including some from the crypto world itself.
Comcast Just Split Itself Up: These 5 Conglomerates Could Be Next
Comcast's (NASDAQ: CMCSA | CMCSA Price Prediction) move to carve out its cable networks into the Versant spinoff marks a definitive turning point in the great conglomerate unbundling: the notorious “conglomerate discount” that has eroded shareholder value for over a decade is officially on the chopping block across the S&P 500.
CMCSA 
Strategy Authorizes $1.25B Bitcoin Sales
Strategy introduced a new capital framework to strengthen preferred stock liquidity.
Bitcoin Tries to Break Through $60K in a Volatile Trading Session
Bitcoin briefly climbed above $60,600 but slipped back toward $59,400, with the intraday low just below $59,000. U.S.-Iran diplomacy headlines lifted equities, yet Bitcoin failed to turn improved risk sentiment into a sustained breakout. Another $300 million left BlackRock's IBIT, while altcoins stayed mostly flat, total crypto capitalization held near $2.
