Strategy, the bitcoin-focused company (previously known as Microstrategy), has expanded its cryptocurrency holdings once again, purchasing an additional 535 BTC for approximately $43 million between May 4 and May 10, according to a filing with the Securities and Exchange Commission. The company paid an average price of $80,340 per bitcoin in the latest acquisition round,
The Nasdaq 100 Index continued its strong bull run this month, reaching its highest point on record. It was trading at an all-time high of $29,235, up by over 15% this year. This rally will be put to the test as the index has become the most overbought since June 2024. Nasdaq 100 Index has
Circle Internet stock jumped by over 4% in the premarket session after publishing an encouraging first-quarter earnings report, which demonstrated strong revenue growth. CRCL jumped to the important resistance level at $120, up sharply from the year-to-date low of $50. Circle stock jumps as revenue growth continued CRCL stock price has been in a tight
Wall Street’s main indexes opened muted on Monday after a record-setting rally last week, as renewed concerns over stalled US-Iran negotiations pushed oil prices higher and weighed on investor sentiment. The Dow Jones Industrial Average slipped 56 points, or 0.11%, while the S&P 500 and the Nasdaq Composite also edged down 0.02% and 0.17%, respectively.
Micron stock price continued firing in all cylinders today, May 11, as demand for its products soared. MU jumped by over 6% to $790, continuing an uptrend that started in April last year when it bottomed at $64. Still, despite the surge, there are signs that the company is still a bargain. Micron stock is
Gold has fallen about 12% since the Iran conflict began, defying its traditional safe‑haven role. ING strategist Ewa Manthey says the sell‑off reflects macro headwinds from higher oil prices, stronger yields, and a firmer dollar, but forecasts prices could still rise to $5,000 per ounce by year‑end. Source: ING Research Gold’s counterintuitive decline Gold is
Moderna shares surged on Monday as investors rushed into vaccine and biotech stocks following reports of a hantavirus outbreak linked to a cruise ship, despite health authorities maintaining that the overall public health risk remains low. The stock rose 9.43% to $59.48, its intraday high after a US national tested mildly positive for the Andes
Nvidia (NVDA) stock rose in early trading Monday as investors positioned ahead of the chipmaker’s upcoming earnings report, with shares approaching a fresh record close. Shares were up 2.07% at $219.76 in early trading after ending Friday at $215.20, just below the stock’s previous record close of $216.61 reached on April 27. The sharp move
Investors continue to cheer Intel Corp (NASDAQ: INTC) following reports of its preliminary chip manufacturing agreement with Apple Inc (NASDAQ: AAPL). This marks a seismic shift for Intel Foundry – suggesting the semiconductor giant is about to sign on a high-volume, high-profile mobile customer it has chased for years. However, Bank of America analysts led
Ripple has secured a $200 million debt facility from Neuberger Berman to expand financing capacity for its institutional prime brokerage platform, Ripple Prime. According to Ripple’s Monday announcement, the credit line came from funds managed by Neuberger Specialty Finance, the asset-based investment arm of the global investment manager. Ripple said the facility will support growing