Goldman Sachs analyst David Roman initiated coverage on three companies, explaining that diabetes technology, including insulin pumps and continuous glucose monitors (CGMs), is expected to grow at a strong double-digit pace. Insulet Goldman Sachs initiated coverage on Insulet Corporation (NASDAQ:PODD), citing the company to benefit from accelerating the adoption of patch pump technology as it […]

Ethereum (CRYPTO: ETH) has emerged as the top-performing digital asset among institutional investment products, notching $321 million in inflows last week, its strongest 6-week streak since December 2024, according to a report. What Happened: In contrast, Bitcoin (CRYPTO: BTC) saw its first weekly outflows since mid-April, shedding $8 million following a sharp reversal mid-week, a […]

Pseudonymous crypto trader James Wynn, known for his high-leverage strategies, suffered losses exceeding $110 million after Bitcoin‘s (CRYPTO: BTC) price slipped below key support levels on Friday. Wynn had taken a bold bet on Bitcoin’s upward trajectory, opening a massive $830 million long position on May 21, acquiring over 7,700 BTC at roughly $105,000 per […]

The Trump administration is reportedly contemplating a stopgap measure to impose tariffs on a significant portion of the global economy for 150 days under an existing law. This move is being considered in response to a recent court ruling that invalidated a substantial part of President Donald Trump‘s tariffs. What Happened: The administration is exploring a […]

After a rough start to the year, small- and mid-cap software stocks may be finding their footing. Goldman Sachs analyst Adam Hotchkiss says first-quarter results across his coverage were better than feared, suggesting the worst of the downturn could be behind the sector. With the median stock still down ~15% year-to-date, Hotchkiss highlights improved profitability, […]

As the “One Big Beautiful Bill” progresses to the Senate, investors should brace themselves for continued volatility in Treasury yields, according to Jim Cramer. What Happened: The host of “Mad Money” warned that the market will likely “flirt” with a 4.75% yield on the 10-year Treasury, advising market participants to “get used to it.” In […]

Commission-free trading firm Robinhood Markets Inc. (NASDAQ:HOOD) proposed a federal framework to the U.S. Securities and Exchange Commission for tokenized real-world assets, according to a report dated Tuesday. What Happened: Robinhood’s letter, addressed to SEC Chair Paul Atkins and Commissioner Hester Peirce, outlined a plan for a unified national framework for bringing real-world assets on-chain, according to Forbes. Robinhood’s proposal […]

Chinese electric scooter company Niu Technologies (NASDAQ:NIU) on Monday reported fiscal first-quarter revenue growth of 35.1% year-over-year to 682.0 million Chinese yuan ($93.98 million). Revenue growth was mainly due to an increase in sales volume of 57.4%, partially offset by a decline in revenues per e-scooter of 14.2% in the quarter. The number of e-scooters sold increased by 57.4% Y/Y to 203,313, with sales in […]