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Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another 'Long Island Iced Tea' Fad?
25.11.2024
Following MicroStrategy's successful bitcoin buying strategy, many companies, some microcaps and unrelated to crypto, started announcing similar steps.The strategy has led to significant short-term share price rallies for some of these companies, but according to market observers, the long-term...
Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss
8.11.2024
Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses
Nvidia overtakes Apple again as world’s most valuable company
6.11.2024
Shares in Nvidia rose 2.84% during Tuesday trading, allowing the company to retake the top spot as the most valuable public company.
Nvidia overtakes Apple again as world’s most valuable company
6.11.2024
Shares in Nvidia rose 2.84% during Tuesday trading, allowing the company to retake the top spot as the most valuable public company.
Coinbase sees largest single-day decline in 2 years amid stock market wipeout
1.11.2024
Coinbase’s share price experienced its largest daily drop in over two years amid a broader stock market decline, yet traders remain bullish on the firm’s earnings prospects for 2025
MicroStrategy shares fumble as Q3 earnings fall just short of estimates
31.10.2024
MicroStrategy’s stock price dropped after its Q3 earnings missed estimates, while an analyst forecasts more potential volatility after the US elections
Judge axes class action claiming Iris Energy misled investors during IPO
1.10.2024
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not long after, along with the rest of the crypto market
Nvidia posts historic one-day loss after US antitrust subpoena
4.9.2024
US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed.
NYSE calls out crypto provider SOS for noncompliance
22.8.2024
The New York Stock Exchange mandates all listed securities to maintain an average closing price of $1 or more.
Palantir surges 11% after deal to sell AI to US defense, intel agencies
9.8.2024
Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community
Palantir surges 11% after deal to sell AI to US defense, intel agencies
9.8.2024
Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Citi upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politics
24.7.2024
Analysts from Citi Group said a potential “crypto-friendly” administration and growing revenues are bullish catalysts for Coinbase shares
MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally
11.7.2024
The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury
Bitcoin miners rise 10% after Trump promises to back US miners
13.6.2024
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific
Reddit shares jump after-hours on OpenAI data-sharing deal
17.5.2024
Reddit said the deal allows OpenAI’s tools to “better understand and showcase Reddit content” and sees the AI firm back new features on the social platform
GameStop sparked the 2021 memecoin bull run — will history repeat itself?
14.5.2024
Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
27.4.2024
Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens
Bakkt Holdings under NYSE’s lens for share price listing breach
14.3.2024
Bakkt Holdings, Inc. (NYSE: BKKT), a company known for developing solutions that help businesses expand alongside the crypto economy, was warned today by the New York Stock Exchange (the “NYSE”) that it has failed to comply with Section 802.01C of the NYSE Listed Company Manual. As...
JPMorgan Analysts Downgrade Coinbase Shares to Underweight, Citing Impact of Spot Bitcoin ETFs
24.1.2024
JPMorgan analysts have downgraded Coinbase shares from Neutral to Underweight, causing a 5% drop in the stock’s value during premarket trading on Tuesday. The analysts have also established a price target of $80 per share, indicating a significant downside risk of over 37% from the current...