9h ago
Spot Bitcoin ETF flows flip to about $390 million in outflows over five sessions as Ethereum streak breaks
Spot Bitcoin ETFs saw flows reverse last week, posting net outflows on four of five trading days totaling about $390 million. Monday recorded $144.67 million in withdrawals, followed by $61.16 million on Wednesday, $131.13 million on Thursday and $57.63 million on Friday, while Tuesday saw a modest $4.89 million net inflow. The prior week brought more than $850 million of net inflows, the strongest weekly showing since April, fueling expectations that demand was recovering. As of Friday, Fidelity’s FBTC had $10.70 billion in assets and Grayscale’s GBTC had $8.26 billion.
BTC
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9h ago
11h ago
Newtime Infrastructure Q1 FY27 net loss widens 33% to ₹3.34 crore
Newtime Infrastructure reported a 33% year-on-year widening in its first-quarter net loss to ₹3.34 crore. Total income from operations fell 19% to ₹4.89 crore from ₹6.04 crore a year earlier. Loss before tax increased to ₹2.51 crore from ₹2.08 crore, while other comprehensive income was ₹7.73 crore and total comprehensive income declined 22.3% to ₹4.39 crore. Shareholders also approved a resolution with 99.9999% of votes in favor.
11h ago
12h ago
Li Lu’s Himalaya Capital boosts PDD stake 133.5% in 2026 Q2 13F filing
Li Lu’s Himalaya Capital Management disclosed in its 2026 second-quarter 13F filing that it lifted its stake in PDD Holdings (PDD) by 133.5%, adding 6.15 million shares at an average price of $92.32. The position rose to 22.17% of the fund’s U.S. equity portfolio, making PDD its third-largest holding. PDD shares traded between $73.30 and $104.79 during the quarter. Charlie Munger previously praised Li Lu’s investment returns as extraordinary.
12h ago
12h ago
Axel Polymers posts ₹10.07 lakh Q1 net loss as revenue jumps 700.4%
Axel Polymers released unaudited first-quarter results showing revenue of ₹37.70 lakh, up 700.4% year on year. Profit before tax swung to a loss of ₹9.82 lakh from a profit of ₹13.73 lakh in the prior-year quarter. Net profit turned to a loss of ₹10.07 lakh versus a profit of ₹13.73 lakh a year earlier. Basic EPS came in at a loss of ₹0.04, compared with earnings of ₹0.06 in the same period last year.
12h ago
13h ago
Zinc prices jump to near four-year high on the LME as MCX futures hit Rs 393 per kg
Zinc prices have surged, with LME zinc reaching its highest level in nearly four years and MCX zinc futures touching a record high. Around 50-60% of global zinc consumption goes into galvanizing steel. The International Lead and Zinc Study Group (ILZSG) forecasts global refined zinc demand of about 14 million tonnes in 2026 versus projected production of around 13.99 million tonnes, implying an approximately 19,000-tonne deficit.
13h ago