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LOS ANGELES, July 24, 2026 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the second quarter ended June 30, 2026 on Monday, August 10, 2026 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Tuesday, August 11, 2026 at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2026 financial results.

Posted by Defense World Staff on Jul 24th, 2026

Fifth Third Bancorp lifted its position in Crescent Energy Company (NYSE:CRGY – Free Report) by 2,861.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 115,629 shares of the company’s stock after purchasing an additional 111,724 shares during the period. Fifth Third Bancorp’s holdings in Crescent Energy were worth $1,561,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in CRGY. Strs Ohio purchased a new stake in shares of Crescent Energy during the first quarter worth about $32,000. Nomura Asset Management Co. Ltd. increased its holdings in Crescent Energy by 134.5% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 3,986 shares of the company’s stock valued at $33,000 after purchasing an additional 2,286 shares during the period. Quarry LP increased its holdings in Crescent Energy by 303.5% during the 3rd quarter. Quarry LP now owns 4,152 shares of the company’s stock valued at $37,000 after purchasing an additional 3,123 shares during the period. Allworth Financial LP raised its position in Crescent Energy by 42.3% during the 4th quarter. Allworth Financial LP now owns 4,712 shares of the company’s stock valued at $40,000 after purchasing an additional 1,401 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in Crescent Energy by 25.2% during the 2nd quarter. Osaic Holdings Inc. now owns 5,301 shares of the company’s stock valued at $46,000 after purchasing an additional 1,066 shares during the last quarter. 52.11% of the stock is owned by hedge funds and other institutional investors.

Crescent Energy Price Performance Shares of CRGY opened at $11.39 on Friday. The stock has a market cap of $3.76 billion, a PE ratio of -15.19 and a beta of 1.40. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.57 and a current ratio of 0.57. Crescent Energy Company has a fifty-two week low of $7.68 and a fifty-two week high of $14.29. The firm’s 50-day simple moving average is $11.09 and its two-hundred day simple moving average is $11.18.

Crescent Energy (NYSE:CRGY – Get Free Report) last released its earnings results on Monday, May 4th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.14. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. Crescent Energy had a negative net margin of 7.47% and a positive return on equity of 8.10%. The business’s revenue was up 24.5% on a year-over-year basis. During the same period last year, the business earned $0.57 earnings per share. Analysts anticipate that Crescent Energy Company will post 1.77 earnings per share for the current fiscal year.

Crescent Energy Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, May 18th. Crescent Energy’s payout ratio is -64.00%.

Analysts Set New Price Targets A number of brokerages have recently weighed in on CRGY. KeyCorp reiterated an “overweight” rating and issued a $19.00 price objective on shares of Crescent Energy in a research report on Thursday, June 11th. Weiss Ratings downgraded Crescent Energy from a “hold (c)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Zacks Research lowered Crescent Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. UBS Group assumed coverage on shares of Crescent Energy in a report on Tuesday, July 14th. They issued a “buy” rating and a $13.00 price target on the stock. Finally, Mizuho boosted their price objective on shares of Crescent Energy from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Crescent Energy presently has an average rating of “Moderate Buy” and an average price target of $15.58.

View Our Latest Research Report on Crescent Energy

Crescent Energy Company Profile (Free Report)

Crescent Energy Co (NYSE: CRGY) is an independent exploration and production company focused on the acquisition, development and production of oil and natural gas resources in North America. Headquartered in Oklahoma City, the company’s core business activities include the identification and appraisal of prospective acreage, the design and execution of drilling and completion programs, and the ongoing operation and optimization of producing wells. Crescent Energy’s integrated approach emphasizes capital efficiency, reservoir quality and operational reliability to support sustainable cash flow generation over the commodity cycle.

Crescent Energy’s operations are concentrated in the Permian Basin, with a particular focus on the Delaware Basin’s stacked pay intervals.

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BitMEX hit with 623 BTC lawsuit on day it announces shutdown

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BlackRock, Coinbase and others launch $15 million Bitcoin Quantum Defense Fund.

BlackRock, Coinbase, Strategy, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, and Galaxy have formed the Bitcoin Security Consortium, pledging a combined $15 million over three years to fund Bitcoin security research and open-source development focused on quantum computing defense. The consortium does not hold or allocate funds; each member will directly select developers and researchers to support. It noted that it will not guide Bitcoin development or take positions on protocol changes. Mike Schmidt of Brink, a nonprofit developer funding organization, will coordinate the work on a volunteer basis. Currently, no quantum computer exists that can crack Bitcoin’s cryptography. Approximately 6.9 million BTC, worth $450 billion, are held in addresses that could be affected if such quantum computers emerge. Fixing this issue will require coordination among wallets, exchanges, miners, and users. Relevant efforts include proposals like BIP 360, which designs a new output type to limit public key exposure and pairs with post-quantum signature schemes. Robert Mitchnick, head of digital assets at BlackRock, stated that Core developers do important work, and the organization will provide additional funding for Bitcoin’s long-term security.

7 minutes ago

BlackRock’s Bitcoin ETF has deposited 3,126 bitcoins worth $203 million into Coinbase Prime.

According to monitoring by Onchain Lens, BlackRock’s Bitcoin ETF deposited 3,126 Bitcoin into Coinbase Prime over the past hour, valued at $203 million.

7 minutes ago

Bank of America Strategist: Market Ignoring Risks, Warn of Backlash from AI Investments

US Bank (BofA) European Equity Strategist Sebastian Raedler recently issued a stark warning: current stock market pricing logic is entirely predicated on an "everything is perfect" assumption. This extreme optimism has not only pushed market valuations to elevated levels but also left investors’ risk exposures completely unprotected. Raedler pointed out that the market’s expectations for core metrics including profit margins and five-year forward earnings growth have surged to all-time highs. In stark contrast, the "risk premium"—a gauge of market risk aversion—has dropped to a 20-year low. Raedler advised investors to decisively exit cyclical sectors with high valuations and fragile fundamentals, shifting instead to high-quality defensive stocks that have been long overlooked by the market. He specifically highlighted the healthcare and consumer staples sectors.

7 minutes ago

The EU’s 21st round of sanctions against Russia has expanded to cover 14 crypto-related platforms.

The European Union (EU) has expanded its sanctions against Russia, targeting the A7 cross-border payment network and its newly established African links, as well as the A7A5 stablecoin used for evading sanctions. The latest sanctions package extends transaction bans to 14 crypto-related platforms in countries including Georgia, the United Arab Emirates, and Panama, and introduces a tool to fully prohibit Russia from using crypto asset services. Beyond digital asset measures, the EU has imposed asset freezes and transaction bans on 94 banks and major financial institutions, and extended transaction bans to another 33 Russian credit and financial institutions.

7 minutes ago

Glassnode: Defensive positions in Bitcoin options are being unwound, and demand for bearish hedging is weakening.

Glassnode released Bitcoin options market data showing that the Bitcoin put/call open interest ratio has dropped sharply from around 0.76 at the end of June to 0.52, indicating that defensive positions are being unwound, while BTC price remains stable near $67,000. At-the-money (ATM; BlockBeats note: An at-the-money option refers to an option whose strike price is closest to the current price of the underlying asset) implied volatility remains compressed: 34.3% for 1-month tenors and 40.8% for 6-month tenors, with the term structure sloping upward, signaling that short-term event risks are being underestimated by the market. The short-term 25-delta skew has plummeted to around 4%, reflecting weakened recent demand for bearish hedging, though medium- and long-term skew still holds at a defensive premium level of 11-12%.

7 minutes ago

Whale 0x446B sells 8,010 $ETH ($15.11M) after 8 months inactivity, realizes $10.8M loss

Whale 0x446B sold 8,010 $ETH($15.11M) 2 hours ago after 8 months of inactivity, incurring a loss of $10.8M (-37%).

7 minutes ago

Key Takeaways BitMEX’s permanent closure is scheduled for September 23, 2026, concluding over a decade of operation In July 2026 alone, the platform removed 65 derivatives contracts and trading pairs from its offerings The exchange has immediately suspended new user registrations Account holders must retrieve their assets before the closure date to avoid $50 monthly charges or a 1% yearly fee The platform that introduced 100x leverage perpetual contracts gradually lost market dominance to competitors The cryptocurrency derivatives platform BitMEX, credited with creating the perpetual swap contract, will permanently cease operations on September 23, 2026. All account holders have been instructed to liquidate their positions and transfer their assets off the platform promptly.

Dear BitMEX Users,

Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC.

The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations… pic.twitter.com/oWuqlh547f

— BitMEX (@BitMEX) July 23, 2026

The decision to wind down operations comes after HDR Global Trading Limited, the exchange’s parent entity, conducted a comprehensive strategic assessment. The company has not disclosed detailed reasons for the closure beyond citing this internal review and current cryptocurrency market conditions.

Established in 2014 by co-founders Arthur Hayes, Ben Delo, and Samuel Reed, BitMEX once commanded the crypto derivatives landscape. The platform reached its zenith in 2019, processing more than $1 trillion in yearly trade volume and capturing approximately 57% of worldwide crypto derivatives trading.

At its height in July 2018, the platform recorded daily volumes exceeding $8 billion, with more than 1 million Bitcoin changing hands in a 24-hour period.

Accelerated Product Removals Throughout July The exchange has been swiftly reducing its available trading products. July 2026 saw the removal of 65 derivative instruments and trading pairs — a dramatic increase from only 19 delistings during the January-June period.

Platform representatives attributed these removals to “inadequate trading volume.” The accelerated timeline of product eliminations clearly demonstrates diminishing user engagement across the exchange.

Trading activity will persist for several more weeks, but August 26 marks the cutoff for initiating new positions. Any contracts still open at that time will be automatically closed ahead of the final September shutdown.

Penalties for Unclaimed Assets Account holders who fail to withdraw their holdings by the shutdown date will incur automatic charges. BitMEX will impose either a $50 monthly account maintenance charge or a 1% annual levy on dormant balances — depending on which fee structure is relevant.

According to the company’s proof of reserves documentation, all user obligations are completely backed by customer holdings. Users are advised to begin withdrawal processes early, as Bitcoin blockchain congestion may result in processing delays.

The Decline of a Market Leader The platform that pioneered the perpetual contract format gradually surrendered its market position as both established centralized competitors and emerging decentralized protocols attracted liquidity providers, professional market makers, and institutional participants.

Legal and compliance challenges contributed significantly to the platform’s decline. In 2020, authorities charged the exchange with insufficient anti-money laundering protocols, to which the company eventually entered a guilty plea. Hayes, Delo, and Reed stepped down from their positions after facing criminal prosecution from United States regulators.

This announcement arrives approximately three weeks after the departure of BitMEX’s chief executive officer, chief financial officer, and head of growth. An industry restructuring consultant informed Cointelegraph that medium-sized trading venues like BitMEX encounter systemic challenges as trading activity consolidates at major platforms while regulatory compliance expenses escalate.

Notably, throughout its 11 years of operation, BitMEX preserved an unblemished security record, never experiencing user fund losses from security breaches or smart-contract vulnerabilities.

Arthur Hayes’ BitMEX Faces Lawsuit Over Insider Trading Amid Shutdown of Operations

Crime

24 July 2026 | 13:20 BitMEX is facing a proposed class-action lawsuit alleging that its liquidation system was designed to take Bitcoin from customers and that an internal trading operation used information unavailable to ordinary users.

Key Takeaways Two customers allege that BitMEX liquidations cost them a combined 622.66 BTC. The proposed class action also claims that an internal trading desk used confidential customer information. BitMEX rejects the allegations and says it will defend the case. A similar case ended in 2025 without a ruling on the underlying liquidation claims. BKX Services Inc. and trader David Namdar filed the complaint in the US District Court for the Southern District of New York on July 23.

The plaintiffs say they lost a combined 622.66 BTC through forced liquidations. BKX claims losses of at least 305.81 BTC, while Namdar alleges that he lost more than 316.85 BTC.

The defendants include BitMEX operator HDR Global Trading Limited, several related companies, co-founders Arthur Hayes, Benjamin Delo and Samuel Reed, and former executive Gregory Dwyer.

The filing opens a civil case but does not establish that any of the allegations are true. The proposed class has not been certified, and the defendants will have an opportunity to challenge the claims.

Why the Liquidation System Is Central to the Case BitMEX became known for offering highly leveraged crypto derivatives, allowing traders to control positions much larger than the collateral deposited into their accounts.

When losses push a leveraged position beyond the exchange’s maintenance threshold, the platform can liquidate it automatically. That process is intended to prevent the account from developing a deficit that the trader cannot cover.

The plaintiffs are not arguing that exchanges have no right to liquidate undercollateralized positions. Their complaint instead claims that BitMEX closed certain trades while the remaining collateral was still worth more than the loss that needed to be covered.

According to the filing, Bitcoin left after those liquidations was transferred into the exchange’s insurance fund rather than returned to the customer. The plaintiffs allege that this arrangement gave BitMEX a financial interest in liquidating additional positions.

They are seeking the return of the Bitcoin they say was improperly retained, along with compensatory and punitive damages. The proposed class would include certain US customers who traded Bitcoin swap products on BitMEX beginning July 23, 2018.

The Complaint Alleges an Internal Trading Advantage The lawsuit also describes an operation it calls the “Insider Trading Desk.”

The plaintiffs allege that the desk could access confidential information about customer positions and liquidation levels. Such data could reveal where a relatively small price movement might trigger a larger group of forced closures.

They also claim that internal trading accounts could remain active during server outages that prevented regular customers from logging in, modifying orders or closing positions.

In this case, “insider trading” is not being used in the conventional stock-market sense of trading company shares with confidential corporate information. The complaint alleges that a proprietary desk traded on BitMEX while holding nonpublic information about other users on the same venue.

The court has not determined whether the alleged desk existed in the form described, accessed customer information or influenced liquidation events.

BitMEX Rejects the Claims BitMEX has denied the accusations.

A company spokesperson told Cointelegraph that the exchange had previously dealt with similar allegations. The spokesperson described the new filing as an opportunistic and baseless claim and said the company would vigorously defend itself.

If the case proceeds, the dispute could turn on technical records showing how the liquidation engine operated, where remaining collateral was transferred and what account permissions were available to any internal trading operation.

BitMEX may first ask the court to dismiss the complaint before the parties reach discovery. A dismissal request would test whether the plaintiffs have presented legally sufficient claims, not necessarily whether every factual allegation is correct.

An Earlier Case Ended Without Resolving Similar Claims The new complaint follows a separate proposed class action filed in 2020 by Brett Messieh, Drew Lee and other BitMEX customers.

That case also raised allegations involving forced liquidations, the exchange’s insurance fund and an internal trading desk with access to customer information.

The action was terminated on June 30, 2025. According to the final court order, the remaining plaintiff was dismissed after failing to respond to repeated instructions asking whether he intended to continue the case. The order also referred to a stipulation filed by the other parties.

The case therefore ended without a trial or a ruling on the truth of the liquidation allegations. Its closure was neither a judicial confirmation of the claims nor a finding that the disputed conduct never occurred.

The Filing Came as BitMEX Began Its Final Wind-Down The complaint was filed on the same day BitMEX announced that its exchange would close after more than 11 years of operation.

Under the official closure timetable, exchange services will end on September 23 at 04:00 UTC. The platform will become reduce-only on August 26, meaning users will no longer be able to open new positions or increase existing exposure.

BitMEX may begin closing positions during the period between those dates. Any positions still open when exchange services end will be force-closed.

Our guide to the BitMEX shutdown deadlines explains the withdrawal process, the reduce-only period and the fees that may apply to balances left on the platform.

The timing puts the lawsuit and the closure in the same news cycle, but the available information does not establish that the complaint caused the exchange to shut down. BitMEX said its board reached the decision after reviewing the business and the wider crypto industry.

BMEX and Open Interest Fell After the Closure News The market response added to the pressure surrounding the exchange.

BitMEX’s BMEX token fell more than 90% after the shutdown announcement, reaching its lowest level since trading began in November 2022. Bitcoin open interest on the exchange had also fallen from almost $3 billion at its 2024 peak to approximately $113 million.

Our analysis of the BMEX decline and contraction in BitMEX open interest shows that derivatives activity had already weakened considerably before the final closure process began.

Those market moves help explain the condition of the platform as it enters its wind-down. They do not provide evidence for or against the claims made in the lawsuit.

CZ Reflects on the Exchange’s Crypto Legacy Binance co-founder Changpeng Zhao, known as CZ, said he was “sad to see BitMEX go” and credited the exchange with helping pioneer 100x crypto perpetual contracts.

His reaction reflects BitMEX’s influence on a product that later became central to crypto derivatives trading. It did not address the new complaint or express a view on the plaintiffs’ allegations.

What Happens Next The defendants can respond to the complaint and may seek to have some or all of the claims dismissed. If the case survives that stage, the plaintiffs would still need to convince the court that their claims are suitable for treatment as a class action.

Discovery could then involve records related to the liquidation engine, the insurance fund, server outages, customer data and internal account permissions. The case could also end through dismissal, settlement or another procedural outcome before reaching trial.

For BitMEX users, the court process does not change the exchange’s operational deadlines. Traders still need to manage open positions before the platform becomes reduce-only and withdraw their assets as BitMEX moves toward its September closure.

This article is provided for informational purposes only and does not constitute financial, investment or legal advice.

Author

Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.

BitMEX faces 623 BTC lawsuit as exchange confirms September 23 shutdown

THE BLOCK: Arthur Hayes, BitMEX co-founders face fraud claims over alleged 'Insider Trading Desk' as exchange winds down

Posted by Defense World Staff on Jul 24th, 2026

California Public Employees Retirement System raised its holdings in BridgeBio Pharma, Inc. (NASDAQ:BBIO – Free Report) by 21.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 253,479 shares of the company’s stock after acquiring an additional 45,596 shares during the period. California Public Employees Retirement System owned 0.13% of BridgeBio Pharma worth $18,823,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Global Retirement Partners LLC grew its position in shares of BridgeBio Pharma by 271.5% in the fourth quarter. Global Retirement Partners LLC now owns 509 shares of the company’s stock valued at $39,000 after purchasing an additional 372 shares during the period. Farther Finance Advisors LLC lifted its position in BridgeBio Pharma by 91.4% during the fourth quarter. Farther Finance Advisors LLC now owns 513 shares of the company’s stock worth $39,000 after buying an additional 245 shares during the period. Kemnay Advisory Services Inc. purchased a new position in BridgeBio Pharma during the fourth quarter worth about $41,000. Cary Street Partners Investment Advisory LLC boosted its stake in BridgeBio Pharma by 861.0% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 567 shares of the company’s stock worth $43,000 after buying an additional 508 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in BridgeBio Pharma in the 4th quarter worth about $44,000. Hedge funds and other institutional investors own 99.85% of the company’s stock.

Insider Activity In related news, CEO Neil Kumar sold 40,000 shares of BridgeBio Pharma stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $67.46, for a total transaction of $2,698,400.00. Following the transaction, the chief executive officer owned 535,686 shares in the company, valued at approximately $36,137,377.56. The trade was a 6.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas Trimarchi sold 13,651 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $65.08, for a total value of $888,407.08. Following the completion of the sale, the chief financial officer directly owned 359,194 shares of the company’s stock, valued at $23,376,345.52. The trade was a 3.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 432,117 shares of company stock valued at $32,633,740 over the last quarter. 14.23% of the stock is owned by insiders.

BridgeBio Pharma Price Performance Shares of NASDAQ:BBIO opened at $82.93 on Friday. The business has a 50-day moving average of $72.33 and a two-hundred day moving average of $72.45. The firm has a market capitalization of $16.24 billion, a PE ratio of -22.17 and a beta of 0.95. BridgeBio Pharma, Inc. has a 12 month low of $42.09 and a 12 month high of $93.42.

BridgeBio Pharma (NASDAQ:BBIO – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.84) earnings per share for the quarter, missing the consensus estimate of ($0.70) by ($0.14). The firm had revenue of $194.51 million during the quarter, compared to analyst estimates of $178.07 million. BridgeBio Pharma’s quarterly revenue was up 66.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.88) earnings per share. As a group, research analysts anticipate that BridgeBio Pharma, Inc. will post -2.29 earnings per share for the current year.

Analyst Ratings Changes Several analysts have commented on BBIO shares. HC Wainwright lifted their price target on BridgeBio Pharma from $110.00 to $120.00 and gave the company a “buy” rating in a report on Monday, July 13th. Weiss Ratings reissued a “sell (d)” rating on shares of BridgeBio Pharma in a research report on Friday, May 15th. Royal Bank Of Canada assumed coverage on shares of BridgeBio Pharma in a research report on Thursday, April 9th. They issued an “outperform” rating and a $100.00 target price on the stock. Canaccord Genuity Group assumed coverage on shares of BridgeBio Pharma in a report on Wednesday, June 3rd. They issued a “buy” rating and a $104.00 target price for the company. Finally, Truist Financial upped their price target on shares of BridgeBio Pharma from $95.00 to $102.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Twenty analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $95.21.

View Our Latest Report on BridgeBio Pharma

BridgeBio Pharma Profile (Free Report)

BridgeBio Pharma, Inc is a clinical-stage biopharmaceutical company headquartered in Palo Alto, California. Founded in 2015 by Neil Kumar, the company is dedicated to discovering, developing and delivering transformative medicines for patients with genetic diseases and cancers. BridgeBio operates an integrated model that spans target identification, preclinical research, clinical development and commercialization, aiming to streamline the process from bench to bedside.

BridgeBio’s pipeline comprises multiple therapeutic modalities, including small molecules, biologics and genetic therapies.

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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Deckers Outdoor stock is showing weakness. What’s pulling DECK shares down? Q1 HighlightsDeckers reported earnings per share of 94 cents, beating the consensus estimate of 87 cents. In addition, the company reported revenue of $1.02 billion, beating the consensus estimate of $1.01 billion.

By brand, HOKA net sales increased 7.7% to $703.5 million compared to $653.1 million, UGG net sales rose 4.9% to $278.0 million compared to $265.1 million, and other brands net sales decreased 18.1% to $37.9 million compared to $46.3 million. Domestic net sales increased 3.2% to $517.4 million, while international net sales rose 8.4% to $502.1 million.

Cash and cash equivalents were $1.603 billion compared to $1.720 billion a year earlier, while inventories were $807.6 million compared to $849.4 million. The company repurchased approximately 3.3 million shares for $338.2 million during the quarter, and has approximately $4.7 billion remaining under its share repurchase authorization as of June 30.

Deckers raised its fiscal-year 2027 GAAP earnings per share guidance from between $7.30 and $7.45 to between $7.35 and $7.50, versus the consensus estimate of $7.46. It also affirmed its fiscal-year revenue guidance of between $5.86 billion and $5.91 billion, versus the consensus estimate of $5.89 billion.

Deckers Trades Below Every Major Moving AverageDeckers is in a technically pressured spot: it’s trading 10.2% below its 20-day SMA, 11.4% below its 50-day SMA, 10.8% below its 100-day SMA, and 8.6% below its 200-day SMA. When price is this far under the major averages, rallies often need a clear catalyst to turn into something more than a bounce.

Momentum also leans defensive: MACD is below its signal line and the histogram is negative, which suggests upside pressure is cooling versus the prior upswing. In plain terms, MACD compares faster and slower trend momentum, and being below the signal line typically means buyers are losing control unless the indicator can reclaim that baseline.

The crossover picture is mixed and helps explain the chop: the 20-day SMA is below the 50-day SMA (bearish near-term), but the 50-day SMA is still above the 200-day SMA (a golden cross that occurred in June). That combination often produces "two-way" trading—longer-term participants see a base-building story, while shorter-term traders keep selling rallies until price can reclaim the 50-day area.

Key Resistance: $111.00 — a round-number zone that also sits near the cluster of longer moving averages where rebounds can stall Key Support: $92.50 — a nearby floor that’s close to current price and can act as the first line buyers try to defend Benzinga Edge RankingsBelow is the Benzinga Edge scorecard for Deckers Outdoor, highlighting its strengths and weaknesses compared to the broader market:

The Verdict: Deckers Outdoor’s Benzinga Edge signal reveals a growth-and-quality story that’s currently being held back by weak momentum. For longer-term investors, that mix can be attractive if support holds and the stock starts reclaiming key moving averages, but near-term traders may stay cautious until momentum improves.

Deckers Shares FallDECK Price Action: At the time of publication, Deckers shares are trading 2.36% lower at $93.95, according to data from Benzinga Pro.

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U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Friday.

Shares of Deckers Outdoor Corp (NYSE:DECK) fell sharply in pre-market trading after the company reported first-quarter financial results.

Deckers Outdoor reported quarterly earnings of 94 cents per share, which beat the analyst consensus estimate of 87 cents by 8.05%, according to Benzinga Pro data. Quarterly revenue came in at $1.02 billion, which beat the analyst consensus estimate of $1.018 billion.

Deckers Outdoor shares dipped 3.4% to $92.95 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

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BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the AI-Native Cloud, purpose-built for inference and agentic workloads, today announced the closing of a private repurchase (the “Repurchase”) of approximately $472 million of its 0.00% convertible senior notes due 2030 (the “2030 Convertible Notes”) and a registered direct offering of shares of common stock to holders of 2030 Convertible Notes participating in the Repurchase (the “Registered Direct Offering”). As a r.

Boston, Massachusetts--(Newsfile Corp. - July 24, 2026) - Block & Leviton announces that a securities fraud lawsuit has been filed against Planet Fitness, Inc. (NYSE: PLNT) and certain of its executives. Investors who have lost money in their Planet Fitness, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/plnt.

What is this all about?

The lawsuit alleges Planet Fitness told investors during the class period that its "We Are All Strong on This Planet" marketing campaign was resonating and had "legs to extend into 2026," expressed confidence in a planned national Black Card price increase to $29.99, and reaffirmed its FY2026 guidance and a new three-year growth plan. The complaint alleges the company concealed that its marketing had pivoted too far toward fitness-minded consumers and was alienating its core beginner customers, dragging down new member joins. On May 7, 2026, Planet Fitness slashed its same-store sales growth guidance from 4-5% to approximately 1%, withdrew its three-year growth targets, paused the Black Card price increase, and acknowledged that its marketing had "pivoted too far" and alienated core customers. On this news, the company's stock fell about 31% in a single day, from $63.96 to $44.01, causing substantial losses for investors.

Who is eligible?

Anyone who purchased Planet Fitness, Inc. common stock between November 6, 2025, and May 6, 2026, and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What should you do next?

The deadline to seek appointment as lead plaintiff is September 14, 2026. A class has not yet been certified, and until a certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (888) 256-2510.

Whistleblower?

If you have non-public information about Planet Fitness, Inc., you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at [email protected] or by phone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email [email protected] with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
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Phone: (888) 256-2510
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306147

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Coinbase (NASDAQ:COIN | COIN Price Prediction) and SoFi Technologies (NASDAQ:SOFI) both reported Q1 2026 results.

Coinbase absorbed a crypto downturn that pushed it into a $394.1 million GAAP loss. SoFi more than doubled net income to $166.7 million while expanding into stablecoins. Same sector, two very different quarters.

Crypto Whiplash Hit Coinbase. SoFi Just Kept Compounding. Coinbase revenue landed at $1.41 billion, down 30.54% year over year, as spot volumes and total crypto market cap each fell 20%+ sequentially. A $482.4 million mark on crypto held for investment did most of the damage.

The buffer worked though: subscription and services revenue reached 44% of net revenue, led by $305 million in stablecoin revenue as USDC market cap hit an all-time high near $80 billion.

SoFi went the other direction. Revenue of $1.10 billion beat estimates by 5%, EPS matched at $0.12, and members grew 35% YoY to 14.7 million. Lending revenue jumped 55%, deposits reached $40.24 billion, and CEO Anthony Noto said “43% of new products” came from existing members. That cross-buy is the whole thesis working.

Shrink to Survive vs. Spend to Scale Coinbase is cutting. Management announced a 14% headcount reduction to roughly 4,300 employees and about $500 million in annualized savings, while pushing an “Everything Exchange” strategy into equities, prediction markets, and FX. Prediction markets already annualize $100 million+ in their first two months.

The same investor newsletter that told subscribers to buy Amazon in 2002, Netflix in 2004, and Nvidia in 2005 still publishes two new stock picks every month. Over 23 years, Motley Fool's Stock Advisor has more than quadrupled the S&P 500. New members get this month's picks, the Top 10 Rankings, and a 30-day money-back guarantee. Click here to unlock their next top stocks while new members are still being accepted.

SoFi is spending. Big Business Banking launched, SoFiUSD is minting with U.S. dollar reserves, and a Mastercard payments tie-in extends the digital assets push. It is a very different posture.

Lens Coinbase SoFi Q1 Revenue Trend -30.54% YoY +6.13% YoY Core Bet Stablecoins, prediction markets Cross-sell, deposits, digital assets Key Vulnerability Crypto volatility, insider selling Tech Platform -27%, charge-offs rising The Next Test Is Guidance Follow-Through SoFi guided FY2026 to roughly $4.655 billion in adjusted net revenue and $1.6 billion in adjusted EBITDA. I want to see personal loan charge-offs, now at 3.03%, stabilize, and the Technology Platform find a new anchor client after the 16% drop in enabled accounts.

For Coinbase, Q2 transaction revenue through May 5 sat at just $215 million. The prediction market crowd on Polymarket is assigning a 90.6% probability of an earnings miss next report. I would keep an eye on whether the retail derivatives ramp and the 12 products generating $100M+ in annualized revenue can pick up the slack when Bitcoin does not cooperate.

Why SoFi Is the Cleaner Story for Me On the fundamentals, SoFi is the cleaner story. The 9.95% gain since its April 29 report, against Coinbase falling 13.91% from its May 7 report, matches the fundamentals I see. Diversified revenue, deposit-funded lending, and a real cross-buy engine are easier to underwrite than a business whose top line just contracted 30%.

Coinbase is more interesting for a specific investor: someone who wants leveraged exposure to the next crypto cycle and can stomach a beta near 3.35. The stablecoin economics are genuine, and analysts still carry a $222.04 consensus target. I just prefer growth I can measure quarter by quarter, and right now that is SoFi.

If You'd Bought Amazon When the Motley Fool Said To…In September 2002, Stock Advisor told subscribers to buy Amazon. In December 2004, Netflix. In April 2005, Nvidia. The newsletter still publishes two new stock picks every month — and over 23 years, has more than quadrupled the S&P 500. Here's how to get this month's picks:

- Join Stock Advisor for one year, with a 30-day money-back guarantee

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Five years from now, you'll probably wish you'd bought this month's picks. Don't miss them.

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The Vanguard S&P 500 Growth ETF (VOOG -1.75%) and the iShares Morningstar Small-Cap Growth ETF (ISCG -0.59%) both target growth-oriented U.S. equities but focus on opposite ends of the market-capitalization spectrum.

VOOG leans on a small group of mega-cap technology leaders, while ISCG spreads its bets across more than 900 smaller companies. For investors trying to decide between the two, the choice really comes down to whether you want concentrated bets on today's biggest winners or broader diversification with more growth potential.

Snapshot (cost & size)MetricISCGVOOGIssueriSharesVanguardExpense ratio0.06%0.07%1-year return (as of July 23, 2026)22.26%18.77%Dividend yield0.57%0.45%Beta1.221.20AUM$1.0 billion$26.3 billionBeta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.

Both funds are cheap to own. ISCG charges a 0.06% expense ratio, just a hair below VOOG's 0.07% -- a difference so small it's unlikely to matter for most investors. The funds’ dividend yields are fairly even as well, with VOOG yielding 0.45% compared to ISCG’s 0.57%.

Performance & risk comparisonMetricISCGVOOGMax drawdown (5 yr)(41.47%)(32.74%)Growth of $1,000 over 5 years (total return)$1,303$1,816VOOG has posted stronger five-year total returns, largely thanks to the powerful run in mega-cap tech stocks over that stretch. But the tables turned more recently -- ISCG has outperformed over the trailing 12 months, despite being the more volatile fund. That pattern is fairly typical: small-cap stocks have lagged during stretches when investors crowd into the largest, most liquid tech names, but can surge when investors rotate toward higher-risk, higher-reward opportunities.

What's insideLaunched in 2010, VOOG is heavily concentrated in technology, which makes up 52.4% of the portfolio, followed by communication services at 15.6% and consumer cyclical at 8.6%. Its top holdings include Nvidia (NVDA -1.56%) at 13.6%, Microsoft (MSFT -2.13%) at 7.8%, and Apple (AAPL -1.27%) at 6.0%. The fund holds 148 stocks.

The iShares Morningstar Small-Cap Growth ETF provides much broader exposure with 929 holdings. Its top sector weightings include industrials at 23.9%, technology at 22.5%, and healthcare at 17.9%. No single stock makes up more than 1% of its portfolio. Top positions include Sterling Infrastructure Inc (STRL -0.41%) at 0.8%, Okta Inc (OKTA -0.43%) at 0.7%, and Guardant Health (GH -0.36%) at 0.6%. ISCG launched in 2004.

For more guidance on ETF investing, check out the full guide at this link.

Why this matters for investorsThis comparison is a good reminder that "growth investing" isn't a one-size-fits-all strategy.

VOOG's concentration in technology has been a winning formula over the past five years, but that same concentration means the fund's fortunes are closely tied to how a small handful of companies perform. ISCG's diversification across hundreds of smaller firms results in much broader exposure -- and, historically, small caps tend to shine during periods when investors are willing to take on more risk in search of higher returns.

The right choice, of course, depends on an investor's risk tolerance and time horizon. Investors who want to stay anchored to the market's biggest, most established growth stories may prefer VOOG's straightforward, tech-heavy approach. Those looking to diversify beyond mega-cap tech -- and who can stomach more volatility along the way -- may find ISCG's broader small-cap exposure more appealing. For many long-term investors, holding a mix of both styles can offer a balance of stability and upside potential.

Andy Gould has positions in Apple, Nvidia, and Sterling Infrastructure and has the following options: long January 2027 $125 calls on Nvidia, short August 2026 $355 calls on Apple, and short January 2027 $125 puts on Nvidia. The Motley Fool has positions in and recommends Apple, Guardant Health, Microsoft, Nvidia, Okta, and Sterling Infrastructure. The Motley Fool has a disclosure policy.

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock. The cash dividend will be payable on September 18, 2026, to shareholders of record at the close of business September 8, 2026. About Kontoor Brands Kontoor Brands, Inc. (NYSE: KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Ha.

JERSEY CITY, N.J.--(BUSINESS WIRE)--Organon Presents VTAMA (tapinarof) cream, 1% Analysis of Phase3 Pooled Data Showing Early Consistent Improvements in Eczema Patients Across Age Groups.

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 24:

Alliance Laundry Holdings Inc. (ALH - Free Report) : This commercial laundry systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 days.

Alliance Laundry Holdings has a PEG ratio of 1.14 compared with 1.33 for the industry. The company possesses a Growth Score of A.

National Energy Services Reunited Corp. (NESR - Free Report) : This oilfield services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

National Energy Services Reunited has a PEG ratio of 0.34 compared with 0.62 for the industry. The company possesses a Growth Score of B.

Knight-Swift Transportation Holdings Inc. (KNX - Free Report) : This integrated downstream energy company carriesa Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.

Knight-Swift Transportation Holdings has a PEG ratio of 0.92 compared with 1.64 for the industry. The company possesses a Growth Score of B.

See the full list of top-ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Posted by Defense World Staff on Jul 24th, 2026

California Public Employees Retirement System decreased its stake in shares of Guidewire Software, Inc. (NYSE:GWRE – Free Report) by 26.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 110,644 shares of the technology company’s stock after selling 39,768 shares during the period. California Public Employees Retirement System owned 0.13% of Guidewire Software worth $16,548,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. bought a new position in shares of Guidewire Software during the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Guidewire Software during the third quarter worth $29,000. Flagship Harbor Advisors LLC acquired a new stake in Guidewire Software in the 4th quarter valued at about $36,000. Leonteq Securities AG acquired a new stake in shares of Guidewire Software in the first quarter valued at approximately $36,000. Finally, Bogart Wealth LLC lifted its holdings in Guidewire Software by 127.8% during the 1st quarter. Bogart Wealth LLC now owns 246 shares of the technology company’s stock worth $37,000 after buying an additional 138 shares in the last quarter.

Insider Buying and Selling In other Guidewire Software news, CEO Michael George Rosenbaum sold 5,830 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $118.74, for a total value of $692,254.20. Following the transaction, the chief executive officer owned 199,776 shares of the company’s stock, valued at approximately $23,721,402.24. This represents a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider James Winston King sold 1,684 shares of the business’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $130.64, for a total value of $219,997.76. Following the transaction, the insider owned 30,018 shares of the company’s stock, valued at $3,921,551.52. The trade was a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 30,193 shares of company stock worth $3,792,858. Corporate insiders own 0.46% of the company’s stock.

Guidewire Software Stock Performance Shares of Guidewire Software stock opened at $131.33 on Friday. The firm has a fifty day moving average of $132.71 and a two-hundred day moving average of $141.71. The stock has a market capitalization of $10.93 billion, a price-to-earnings ratio of 70.99 and a beta of 0.95. Guidewire Software, Inc. has a 52 week low of $102.30 and a 52 week high of $272.60. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.44 and a current ratio of 2.44.

Guidewire Software (NYSE:GWRE – Get Free Report) last posted its quarterly earnings results on Thursday, June 4th. The technology company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.08. Guidewire Software had a return on equity of 12.62% and a net margin of 11.25%.The company had revenue of $372.54 million for the quarter, compared to the consensus estimate of $355.92 million. During the same quarter in the prior year, the business posted $0.88 EPS. The firm’s quarterly revenue was up 26.9% on a year-over-year basis. As a group, equities research analysts predict that Guidewire Software, Inc. will post 1.83 EPS for the current year.

Analyst Upgrades and Downgrades GWRE has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their price objective on Guidewire Software from $300.00 to $258.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. The Goldman Sachs Group cut their price target on Guidewire Software from $255.00 to $225.00 and set a “buy” rating on the stock in a research note on Friday, June 5th. DA Davidson decreased their price target on Guidewire Software from $246.00 to $222.00 and set a “buy” rating on the stock in a report on Monday, June 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Guidewire Software in a report on Wednesday, June 3rd. Finally, Stifel Nicolaus cut their target price on shares of Guidewire Software from $225.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday, June 5th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $221.00.

Read Our Latest Report on GWRE

Guidewire Software Company Profile (Free Report)

Guidewire Software, Inc develops software products and cloud services for property and casualty (P&C) insurance carriers. Headquartered in San Mateo, California, the company’s offerings are designed to help insurers manage the core functions of their business—policy administration, billing and claims—while supporting digital engagement, analytics and operational modernization.

Guidewire’s core product portfolio is commonly known as the InsuranceSuite, which includes PolicyCenter for policy administration, BillingCenter for billing and receivables, and ClaimCenter for claims management.

Featured Articles Five stocks we like better than Guidewire Software Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding GWRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Guidewire Software, Inc. (NYSE:GWRE – Free Report).

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Posted by Defense World Staff on Jul 24th, 2026

Fifth Third Bancorp boosted its stake in Krystal Biotech, Inc. (NASDAQ:KRYS – Free Report) by 3,958.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,925 shares of the company’s stock after acquiring an additional 5,779 shares during the quarter. Fifth Third Bancorp’s holdings in Krystal Biotech were worth $1,531,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Greenline Wealth Management LLC acquired a new stake in Krystal Biotech during the 4th quarter valued at $34,000. Sound Income Strategies LLC lifted its holdings in Krystal Biotech by 1,270.0% in the 4th quarter. Sound Income Strategies LLC now owns 137 shares of the company’s stock worth $34,000 after buying an additional 127 shares in the last quarter. UMB Bank n.a. boosted its position in Krystal Biotech by 34.6% in the 4th quarter. UMB Bank n.a. now owns 144 shares of the company’s stock valued at $36,000 after buying an additional 37 shares during the last quarter. Global Retirement Partners LLC boosted its position in Krystal Biotech by 788.9% in the 4th quarter. Global Retirement Partners LLC now owns 160 shares of the company’s stock valued at $39,000 after buying an additional 142 shares during the last quarter. Finally, Danske Bank A S acquired a new stake in shares of Krystal Biotech during the third quarter valued at about $35,000. Institutional investors and hedge funds own 86.29% of the company’s stock.

Krystal Biotech Stock Performance Krystal Biotech stock opened at $327.50 on Friday. Krystal Biotech, Inc. has a 1 year low of $130.50 and a 1 year high of $382.54. The firm’s 50-day moving average is $333.19 and its 200-day moving average is $292.22. The company has a market cap of $9.65 billion, a P/E ratio of 43.78 and a beta of 0.50.

Krystal Biotech (NASDAQ:KRYS – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.38. Krystal Biotech had a net margin of 53.92% and a return on equity of 19.25%. The business had revenue of $116.36 million during the quarter, compared to the consensus estimate of $112.11 million. As a group, sell-side analysts predict that Krystal Biotech, Inc. will post 7.31 earnings per share for the current year.

Analyst Upgrades and Downgrades Several research analysts recently commented on the company. Jefferies Financial Group reiterated a “buy” rating and issued a $474.00 price target on shares of Krystal Biotech in a research note on Monday, July 13th. Wall Street Zen downgraded Krystal Biotech from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Citigroup increased their price objective on shares of Krystal Biotech from $371.00 to $378.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Bank of America upped their price objective on Krystal Biotech from $364.00 to $396.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, HC Wainwright increased their target price on Krystal Biotech from $310.00 to $361.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $360.67.

Get Our Latest Analysis on KRYS

Insider Activity at Krystal Biotech In other news, insider Suma Krishnan sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $308.11, for a total transaction of $7,702,750.00. Following the completion of the transaction, the insider directly owned 1,378,155 shares of the company’s stock, valued at approximately $424,623,337.05. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John Charles Thomas sold 1,000 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $347.27, for a total value of $347,270.00. Following the sale, the executive vice president owned 1,000 shares in the company, valued at $347,270. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 26,642 shares of company stock valued at $8,243,923 over the last ninety days. Corporate insiders own 13.10% of the company’s stock.

Krystal Biotech Profile (Free Report)

Krystal Biotech, Inc is a clinical-stage biotechnology company focused on developing gene therapies for rare dermatological diseases. Headquartered in Pittsburgh, Pennsylvania, the company applies proprietary viral vector delivery technology to enable topical administration of corrective genes directly to the skin. By targeting the underlying genetic causes of inherited skin disorders, Krystal Biotech seeks to address areas of high unmet medical need with potentially transformative treatments.

The company’s lead product candidate, KB103, is designed to deliver a functional COL7A1 gene to patients with dystrophic epidermolysis bullosa (DEB), a severe and often debilitating blistering condition.

Featured Articles Five stocks we like better than Krystal Biotech Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding KRYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Krystal Biotech, Inc. (NASDAQ:KRYS – Free Report).

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California Public Employees Retirement System trimmed its stake in HubSpot, Inc. (NYSE:HUBS – Free Report) by 4.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,349 shares of the software maker’s stock after selling 3,414 shares during the quarter. California Public Employees Retirement System owned about 0.13% of HubSpot worth $16,440,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD increased its holdings in shares of HubSpot by 36.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after buying an additional 1,224,424 shares during the last quarter. Pictet Asset Management Holding SA boosted its holdings in HubSpot by 13.1% in the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock valued at $533,993,000 after acquiring an additional 252,604 shares during the last quarter. State Street Corp boosted its holdings in HubSpot by 3.7% in the fourth quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after acquiring an additional 42,948 shares during the last quarter. AQR Capital Management LLC grew its position in HubSpot by 117.6% during the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after acquiring an additional 642,545 shares during the period. Finally, Geode Capital Management LLC grew its position in HubSpot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock valued at $388,917,000 after acquiring an additional 14,159 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades Several brokerages have commented on HUBS. Jefferies Financial Group restated a “buy” rating and set a $250.00 price target on shares of HubSpot in a research note on Friday, May 8th. Sanford C. Bernstein set a $381.00 price objective on HubSpot in a research note on Friday, May 8th. Evercore set a $225.00 target price on HubSpot in a report on Friday, May 8th. Morgan Stanley dropped their target price on shares of HubSpot from $405.00 to $350.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. cut their price target on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $308.32.

Read Our Latest Stock Analysis on HUBS

HubSpot Trading Down 7.2% HUBS stock opened at $190.11 on Friday. The firm has a 50 day simple moving average of $200.73 and a 200-day simple moving average of $238.73. The company has a market capitalization of $9.74 billion, a P/E ratio of 99.54, a PEG ratio of 2.24 and a beta of 1.22. HubSpot, Inc. has a twelve month low of $169.63 and a twelve month high of $568.16.

HubSpot (NYSE:HUBS – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.25. The firm had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.84 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. On average, research analysts predict that HubSpot, Inc. will post 4.39 EPS for the current year.

Insiders Place Their Bets In other news, Director Lorrie M. Norrington acquired 1,313 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of $190.42 per share, with a total value of $250,021.46. Following the completion of the acquisition, the director directly owned 2,838 shares in the company, valued at $540,411.96. This represents a 86.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CTO Dharmesh Shah acquired 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average price of $181.37 per share, for a total transaction of $1,813,700.00. Following the purchase, the chief technology officer directly owned 1,295,400 shares of the company’s stock, valued at $234,946,698. This represents a 0.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders acquired 14,063 shares of company stock valued at $2,585,781 and sold 17,915 shares valued at $3,654,114. 3.70% of the stock is currently owned by company insiders.

HubSpot Company Profile (Free Report)

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.

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Pre-Market Stock Futures: The futures are trading higher after a dreadful day across Wall Street, when all the major indices were pounded and ended deeply in the red. Skyrocketing oil prices, rising interest rates, the highest since 2025, worries of an extended war with Iran spreading over the Middle East, and a host of other issues conspired to send stocks plummeting at the open, and they never recovered. Solid earnings, combined with massive capital expenditures, were not the answer, and by the close, all the major indices were trading off the day’s lows. Once again, the Nasdaq was the biggest loser, dropping 2.15% to finish at 25,137, while the S&P 500 finished the session at 7,408, down 1.48%. The Dow Jones Industrials closed at 51,711, down 0.97%, and the small-cap-heavy Russell 2000 fared the best, closing at 2,933, down 0.88%. With second-quarter earnings results pouring in, companies that miss expectations can count on being taken to the proverbial woodshed.

Treasury Bonds: The song remains the same for the Treasury complex, as yields soared again on Thursday amid surging oil prices, ongoing Middle East worries, and inflation, all setting the table for more selling. When the last trade was posted, the 30-year long bond ended the session at 5.17%, while the 10-year note closed at 4.70%. 

Oil and Gas: The major oil benchmarks continue their relentless move higher, and some feel that, given the current start of negotiations with Iran, the Houthis are pressuring Red Sea oil shipments, and that growing concern about overall supply could make an already bad situation really ugly fast. Brent Crude closed Thursday at $99.86, up 6.15%, while West Texas Intermediate was last seen at $91.57, up 5.46%. Natural gas closed lower at $2.92, down 0.34%. 

Gold: Surprisingly, given the overall negative sentiment and decline in stocks and bonds, Gold closed Thursday lower. Traders and sector analysts cited the stronger U.S. dollar, surging oil prices that are fanning inflation, and worries about an interest rate hike, which could come as soon as September. Gold closed Thursday at $4,048, down 1.95%, while Silver closed at $57.42, down 3.46%. 

Crypto: Cryptocurrencies declined on Thursday, July 23, 2026, as a broader risk-off move hit global and tech equities. Major digital assets faced mild selling pressure, with Bitcoin dipping below the $65,000–$66,000 range and Ethereum retreating toward $1,890. At 8 AM EDT, Bitcoin traded at $64,962, while Ethereum traded at $1,878.

24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. I would like to remind you that no single analyst report should ever be the sole basis for buying or selling a stock.

Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Friday July, 24, 2026. 

Upgrades: Cleveland-Cliffs (NYSE: CLF | CLF Price Prediction) was upgraded to Neutral from Underperform by BNP Paribas, with an $11.50 target price. Digital Realty Trust (NYSE: DLR) was upgraded to Buy from Hold at TD Cowen, which has a $222 target price objective. Dover (NYSE: DOV) was upgraded to Outperform from Market Perform at BMO Capital, which trimmed the target price for the stock to $240 from $255. PayPal Holdings (NASDAQ: PYPL) was upgraded to Hold from Sell at Truist Securities, which raised the target price for the shares to $57 from $44. Progressive (NYSE: PRG) was raised to Equal Weight from Underweight at Morgan Stanley, which raised the price target to $210 from $190. Downgrades: Albertsons Companies (NYSE: ACI) was cut to Market Perform from Outperform at Telsey Advisory, which slashed the target price for the grocery giant to $13 from $22. Cheesecake Factory (NASDAQ: CAKE) was downgraded to Neutral from Outperform at Mizuho, which lifted the target price for the shares to $85 from $75. Flywire (NASDAQ: FLYW) was downgraded to Hold from Buy at Truist Securities, which trimmed the target price for the stock to $17 from $18. Penske Automotive Group (NYSE: PAG) was downgraded to Equal Weight from Overweight at Morgan Stanley, which lifted the target price for the stock to $210 from $190. Tenable Holdings (NASDAQ: TENB) was downgraded to Neutral from Buy at UBS, with a $37 target price objective. Initiations: Blue Owl Capital (NYSE: OBDC) was started with a Buy rating at Lucid Capital, with a $13 target price. Chime Financial (NASDAQ: CHYM) was initiated with a Buy rating at Freedom Capital, with a $26 target price. 
Shattuck Labs (NASDAQ: STTK) was initiated with an Overweight rating at JPMorgan, with a $10 target price. Space Exploration Technologies (NASDAQ: SPCX) was started with a Hold rating at HSBC, with a $115 target price. SunocoCorp (NYSE: SUNC) was initiated with an Outperform rating at Mizuho, which has an $83 target price. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Progressive didn't make the cut. Grab the names FREE today.

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