Strategy sold 32 Bitcoins for $2.5 million Strategy, a company invested heavily in Bitcoin, has sold a portion of its holdings for the first time in nearly four years. The sale consisted of 32 Bitcoins, totaling $2.5 million in proceeds. The company's shares have fa
ETHT's 23% one-day loss highlights leveraged crypto ETF risks as Ethereum falls to $1,596.42, erasing $2,269 from a $10,000 position. The ProShares Ultra Ether ETF (ETHT) collapsed 23% on June 5, 2026, as Ethereum broke below $1,600, closing at $1,596.42. A $10,000 investm
SpaceX targets a record $1.7 trillion valuation in its June 12 IPO, pricing shares at $135 and raising $75 billion. SpaceX will price its initial public offering at $135 per share on June 12, aiming for a $1.7 trillion valuation. The company plans to sell 555,555,555 share
Goldman Sachs raises CrowdStrike target to $726 Goldman Sachs has raised its price target for CrowdStrike to $726 from $500. The increase is due to the expected growth in AI infrastructure spending and security adoption. CrowdStrike's first-quarter fiscal 2027 re
BRKR reports Q1 earnings above expectations and expects organic revenue growth in Q2 amid improving order trends. Bruker (NASDAQ:BRKR) reported stronger-than-expected Q1 earnings, driven by robust order momentum in semiconductor metrology and overseas academic and governme
Daniel Loeb's hedge fund Third Point initiated a position in Alphabet during Q1, citing its AI infrastructure and cost advantages. Third Point Management, led by billionaire Daniel Loeb, added Alphabet (NASDAQ: GOOGL, GOOG) to its portfolio in Q1 2025 after a multi-year ab
AIA surged 52.67% year-to-date through June 3, 2026, driven by AI demand and TSM's 44% gain, eclipsing SPY's 10.61% rise. A $10,000 investment in the iShares Asia 50 ETF (AIA) on December 31, 2025, grew to $15,267 by June 3, 2026, a 52.67% gain. The S&P 500 ETF (SPY) rose
The acquisition aims to diversify beyond GLP-1 drugs, which drove $12.8 billion in Q1 revenue but face long-term patent risks. Eli Lilly (LLY) has acquired three vaccine-focused companies for $3.8 billion, expanding into infectious diseases despite its reliance on GLP-1 dr
Amazon’s cloud unit AWS grew 28% year-over-year to $37.6 billion in Q1 2026, accelerating from prior quarters as AI demand drives spending. Amazon (NASDAQ: AMZN) shares fell over 9% in the past five trading sessions, extending a 3% decline on Friday amid a broader tech sel
AI stocks face litmus test in 2027 The San Francisco Fed president argues that businesses are spending and preparing for the AI boom, but productivity gains have yet to materialize. The biggest AI companies are driving the market, with the Magnificent 7 making up 34.8
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