BitMine Adds 76,881 ETH in One Week, Holdings Reach 5.62 Million ETH BitMine added 76,881 ETH over the past week, bringing its total holdings to 5.62 million ETH, or approximately 4.66% of Ethereum’s total supply. According to the company, its total crypto and cash holding
SpaceX led a surge for space stocks early Monday ahead of its first full trading day on the Nasdaq following Friday's market debut. Cathie Wood and her ARK Invest firm on Friday scooped up 3.3 million shares of SpaceX Rocket Lab and Firefly Aerospace rebounded on up
Greg Abel increases Berkshire's Alphabet holdings to $21 billion, making it the firm's fourth-largest position amid AI expansion. Berkshire Hathaway added $10 billion to its Alphabet stake, bringing total investment to $21 billion. The purchase follows an $11 billion acqui
June’s Empire Fed reading fell short of expectations, signaling weaker-than-anticipated manufacturing activity in the region. The Empire State Manufacturing Index registered 5.7 in June, missing the consensus forecast of 14.0. The reading marks a sharp decline from May’s 1
An overwhelming 90% of global businesses expect to electrify their operations by 2035 amid geopolitical instability fueling volatility in fossil fuel supply and prices, a new survey showed on Monday. The polling, conducted by consultancy Public First across key economies a
May data signals cooling in Canada’s housing sector, aligning with expectations of slower economic growth ahead of potential rate hikes. Canada’s housing starts fell to 261.4K in May, down from a revised 278.4K in April, reflecting a slowdown in residential construction ac
Fiserv appoints Takis Georgakopoulos as CEO following Mike Lyons' exit to lead Truist Financial, triggering a premarket decline. Fiserv named Takis Georgakopoulos as its new chief executive officer, replacing Mike Lyons, who left to become CEO of Truist Financial. The tran
A US-Iran memorandum of understanding sends the USD lower while boosting equities and easing oil supply concerns. The USD opened lower Monday after the US and Iran agreed to a memorandum of understanding, ending military operations and initiating a 60-day negotiation perio
SOFI trades at distressed multiples despite 30% growth and $40.24 billion in deposits, with CEO buying shares at $16. SoFi Technologies (NASDAQ:SOFI) has dropped 38.89% over the past six months, pressured by a hawkish Federal Reserve and concerns over high-beta fintech. Sh
XAG/USD climbs to $70.70 on softer USD and Fed policy expectations, extending recent gains. Silver (XAG/USD) jumped 3.94% to $70.70 on Monday, driven by a weaker US Dollar and anticipation of the Federal Reserve’s upcoming decision. The rally extends a rebound in precious
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