Latest News
Trump's Memecoin Royalties Surpass American Bitcoin Corp's Market Cap
President Trump's $TRUMP memecoin royalties of $636M exceed American Bitcoin Corp's market cap, while nearly one million wallets lost $3.81B.
Robinhood Stock Surges 14% as Event Contracts Boom Ahead of Q2 Earnings
Robinhood (HOOD) shares surged 14.2% to $112.73 last week, fueled by a 68% jump in event contract volume. The company reports Q2 earnings on July 29.
Bitmine Stock Trades at Discount to Crypto Holdings After Index Inclusion
Bitmine's stock closed at $14.36, well below the estimated $17.70 per-share value of its crypto and cash holdings, as the company joins the Russell 1000. The discount persists despite a large ETH stake.
Microsoft's AI Bet Faces Investor Scrutiny After Holiday Lull
Microsoft closed at $390.49 after the Independence Day holiday, with AI spending and the new Frontier Company under investor scrutiny.
Super Micro Stock Dips Below Recent Capital Raise Price Amid Taiwan Probe
Super Micro (SMCI) shares closed at $27.22, below the $27.50 June stock sale price, as a Taiwan investigation into AI server shipments and funding questions weighed on the stock.
Oracle's Cloud Backlog Surpasses Market Cap, Stock Tumbles
Oracle's stock slumped 5.6% as its cloud backlog of $638 billion now exceeds its $408.5 billion market cap, raising concerns about capital spending and negative free cash flow.
Amazon Surges Past Nasdaq in Holiday Week; AWS Price Hike and Prime Day Data in Focus
Amazon shares climbed 4.3% in a holiday-shortened week, outpacing the Nasdaq's 2.1% gain. The rally was fueled by strong Prime Day sales and AWS price hikes, though trading volume declined.
Keel Infrastructure Shares Face Mixed Signals Ahead of Monday's Nasdaq Open
Keel Infrastructure shares ended sharply lower on Nasdaq before the July 4 holiday but edged up on the TSX, setting up a mixed open Monday.