Bitcoin briefly fell below $63,000 on August 14, testing a support level near $62,500 which previously triggered a rebound. Despite a 17% drop from its mining cost of $76,500, miners have shown resilience with weak selling pressure. Whale wallets have accumulated 54,000 BTC since mid-June, contrasting with selling by smaller holders. Onchain data shows improving transfer volumes and a slight increase in coins held at a profit, suggesting early signs of market recovery if these trends continue.
XTEND AI Robotics began trading on the NYSE on September 4 after merging with JFB Construction Holdings, marking a new chapter as a public company. Stoke Space is advancing its Nova Pathfinder and Nova Block 2 launch vehicles, aiming for a 2027 orbit...
Michael Saylor's Strategy did not buy or sell any Bitcoin from Aug. 31 to Sept. 7 but repurchased $176.3 million in preferred stock and doubled its buyback program to $2 billion. Meanwhile, Strive bought 1,375 BTC for about $109 million, increasing i...
Global Net Lease (GNL) has seen its dividend coverage decline following several dividend cuts in 2023, despite offering an attractive 8.33% dividend yield. The company maintains an investment-grade BBB- credit rating and has engaged in stock buybacks...
CoreWeave has shifted its business model to focus on long-term, take-or-pay contracts backed by a $129 billion contracted order book, providing high revenue visibility and durability. Currently, only 36% of its contracted GPU capacity is active, indi...
Uber's profits doubled and free cash flow surpassed $10 billion, yet its stock price remains flat and down over the past year. The market appears to be pricing in risks from autonomous vehicle rivals like Waymo, which could disrupt Uber's dominance i...
