Bitcoin fell 0.7% to around $63,400 after a brief rally to $64,400 failed, triggered by Strategy selling 1,690 BTC to fund stock repurchases. Despite $854 million inflows into spot bitcoin ETFs, which absorbed more bitcoins than newly issued, selling pressure and large overhead supply between $62,000 and $65,000 kept bitcoin range-bound. Analysts expect bitcoin to stay within this range until ETF demand consistently exceeds selling and inflation data eases long-term yields.
GameStop is set to report its fiscal Q2 results, but investors are more focused on how Ryan Cohen will use the company's $7+ billion cash reserve rather than the earnings themselves. The company showed revenue growth and margin improvement last quart...
Qualcomm announced a partnership with Amazon Web Services to develop multiple generations of customized silicon for AWS' AI infrastructure. This move marks Qualcomm's push into the data center market, traditionally dominated by Nvidia, especially ami...
Over the past year, SpaceX attracted over $7 billion from 108 institutional investors, with no reported sellers, highlighting strong confidence in its growth prospects. Key drivers include the expansion of Starlink, government contracts, and the upco...
Brookfield Infrastructure stands out as an undervalued investment opportunity, offering a nearly 5% dividend yield and 6-7% dividend growth, supported by about 85% of its revenues being regulated or contracted. The recent unification of BIP and BIPC ...
Donnelley Financial Solutions (DFIN) has published its 14th Annual Guide to Effective Proxies, offering insights from over 1,500 proxy statements to help public companies enhance shareholder communication and meet evolving regulatory standards. The g...
