Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market’s history. Source link

Thursday’s Economic Calendar | Seeking Alpha

Aug 20, 2026, 12:00 AM ETBy: Jay Mehta, SA News Editor kyoshino/E+ via Getty Images 8:30 AM Jobless Claims New unemployment claims are compiled weekly to show the number of individuals who filed for unemployment insurance for the first time. Forecasters see claims up again to 211K this week from…

Will AI push Lloyds shares to 342p?

How much might Lloyds (LSE: LLOY) shares benefit from artificial intelligence? According to some of the bolder predictions, very much so. The finance sector has been highlighted as one of the primary areas that AI could transform. McKinsey Global Institute said: “Among individual sectors, generative AI offers one of the…

Wolfspeed targets $140M-$160M Q1 FY2027 revenue while citing AI data center growth and continued negative gross margin (NYSE:WOLF)

Earnings Call Insights: Wolfspeed (WOLF) Q4 FY2026 Management View CEO Robert Feurle said Q4 reflected progress “since we substantially refreshed our leadership team and capital structure,” and reported “fourth quarter revenue results of $150 million,” which he said “represents another quarter of delivering results at the Seeking Alpha’s Disclaimer: This…

BILL forecasts FY 2027 non-GAAP EPS of $3.56-$3.79 while targeting meaningful GAAP profitability (NYSE:BILL)

Earnings Call Insights: BILL Holdings (BILL) Q4 fiscal 2026 Management view “Q4 was one of the most significant quarters in the history of BILL,” said Founder, CEO & Chairperson of the Board René Lacerte, adding, “We completed the significant organizational changes required to accelerate our transformation Seeking Alpha’s Disclaimer: This…

Sabio Holdings Inc. reports Q2 results (TSXV:SBIO:CA)

Sabio Holdings Inc. press release (SBIO:CA): Q2 Net revenue of $8.23M (-26.2% Y/Y). Gross margin on net revenues increased to 61%, compared with 53% in Q1 2026, an improvement of 8 percentage points sequentially. IFRS net loss was approximately $3.9 million in Q2 2026, compared with approximately $1.4 million in…

How to build towards a lucrative second income without chasing ‘get-rich-quick’ schemes

Many people look to a second income as a way to safeguard their finances, fund a large purchase, or simply save for retirement. But many of the ‘passive’ income schemes advertised online involve a lot of initial funding, a lot of time, or a lot of risk. Not exactly passive.…