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AT&T Slides on Satellite Broadband Threat, Analyst Downgrade
AT&T shares fell to $22.77 premarket after Oppenheimer downgraded the stock, citing satellite broadband threats from Starlink and Amazon's Leo. Fiber and bundle strategies are the counter.
Broadcom Stock Slips After AI Revenue Forecast Misses Expectations
Broadcom shares fell after its AI chip revenue forecast of $16 billion missed Wall Street estimates, despite strong year-over-year growth.
Nvidia Holds Ground Amid AI Chip Sector Weakness
Nvidia shares rose 1.8% premarket to $218.66, holding steady as Broadcom's AI-chip forecast disappointed and Nasdaq futures slipped.
Ether ETF Inflow Breaks 17-Day Losing Streak, Yet Price Continues Decline
U.S. spot ether ETFs ended a 17-day outflow streak with a $19 million inflow on June 4, but ether's price fell 6% to $1,662, as bearish sentiment persists.
Solidion Skyrockets 357% on Space Battery News; Future Hinges on Friday Trading
Solidion surged 357% to $22.71 on its Gen-ECB battery platform for space and AI, but with Q1 sales of $85,426 and $38,887 cash, the stock's rally faces a critical test.
Zcash Plunges 42% After Critical Bug Found in Privacy Protocol
Zcash's ZEC token fell more than 42% after a critical vulnerability in its Orchard privacy pool was discovered, potentially enabling unlimited counterfeit coins.
Bitcoin Nears $60K as Sell-Off Intensifies, Liquidations Loom
Bitcoin edges toward $60,000 after ETF outflows and a rare Strategy sale shake confidence, with traders warning of forced liquidations if key support breaks.
XRP Nears $1.13 as Bears Dominate, Key Support Under Threat
XRP slid to $1.13, breaking its four-month $1.20-$1.60 range, as selling pressure overwhelmed institutional buying. CoinDesk warns a break below $1.14 could trigger further declines.
BitMine Targets $300M via Preferred Shares to Boost Ethereum Staking
BitMine Immersion Technologies files to sell 3 million Series A preferred shares with a 9.5% dividend to raise $300M for Ethereum staking and treasury growth. Common shares up 5.8%.
Soybean Prices Tumble as Mixed Export Data and Weaker Product Markets Weigh
Soybean prices fell sharply on Thursday, with cash prices down 30 cents amid mixed export sales and lower product futures. Brazil exports surged.
Dow Notches Record Close; Tech Falters in After-Hours Trading
The Dow Jones Industrial Average closed at a record high, but after-hours trading turned volatile as Broadcom missed revenue estimates and Lululemon slashed its profit outlook, with all eyes on Friday's jobs report.