MSTR liquidated 32 BTC, breaking its long-standing hold-only policy as Bitcoin trades below its average purchase price of $75,699. MicroStrategy sold 32 Bitcoin at $77,135 per coin to meet preferred stock obligations, marking its first-ever Bitcoin liquidation. The move vi
Solstice Labs CEO warns Bitcoin’s identity crisis and DeFi security flaws threaten institutional adoption amid rising alternative chain growth. Bitcoin is experiencing an identity crisis, losing its store-of-value and speculative-investment appeal as decentralized finance
Elon Musk’s aerospace firm plans to raise $75 billion in a record IPO targeting a $1.75 trillion valuation with a greenshoe option. SpaceX aims to raise at least $75 billion in its initial public offering, targeting a $1.75 trillion valuation including a greenshoe option.
Elon Musk’s rocket and satellite firm plans to raise $75 billion in an all-primary offering targeting a record $1.75 trillion valuation. SpaceX aims to raise at least $75 billion in its initial public offering, targeting a $1.75 trillion valuation including a greenshoe opt
Bank of America labels STMicroelectronics' data center outlook optimistic but flags execution risks as shares rally sharply. STMicroelectronics (STM) issued a higher-than-expected forecast for data center demand, which Bank of America described as ambitious. The firm empha
C3.ai misses Q3 revenue estimates by 29.59% C3.ai reported Q3 revenue of $53.26 million, missing consensus estimates by 29.59% and falling 46.08% year over year. The company's GAAP gross margin collapsed to 17% from 59% a year earlier. Non-GAAP EPS landed at -$0.40
Median monthly mortgage payments reach record levels as home prices and mortgage rates remain elevated in 2026. The median monthly mortgage payment for U.S. homebuyers climbed to $2,134 in April 2026, driven by a 6.6% average mortgage rate and a median home price of $417,7
The tobacco firm reports a strong start to FY2026, citing double-digit next-generation product growth and market share gains. Imperial Brands said it has begun its 2026 financial year strongly, driven by double-digit growth in next-generation products (NGP) and progress on
The industrial filtration firm reported $995 million in sales and $1.06 adjusted EPS, driven by 8% growth in Mobile Solutions. Donaldson reported record third-quarter fiscal 2026 sales of $995 million, up 6% year over year, alongside adjusted earnings per share of $1.06, a
May trading data shows stabilization in spot markets and a recovery in futures after three months of declines. Cryptocurrency spot trading volumes steadied at $952 billion in May, halting a three-month slide. Futures volumes rose 4.4% month-over-month to $5.23 trillion, br
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