Trump Media & Technology Group disclosed a $361 million loss linked to a decline in its bitcoin holdings in its recent quarterly SEC filing. This reduction in bitcoin assets signals a shift in the company's crypto strategy, potentially reducing the impact of bitcoin price swings on its financial statements. The exact remaining bitcoin balance and management's rationale remain unconfirmed, with future SEC filings expected to provide clarity. This loss highlights the risks public companies face with crypto exposure, as value fluctuations can significantly affect reported financial results.
As Treasury yields near a one-year high, most dividend stocks face pressure, but three Dividend Kings—Coca-Cola, Procter & Gamble, and Johnson & Johnson—have consistently increased their dividends every quarter since 2022. These companies maintain st...
Bitcoin has surged about 40% from its July low near $57,700 to trade around $79,000-$81,000 in early September, driven by institutional ETF inflows and favorable macroeconomic conditions. Despite this strong rally—the best August performance since 20...
Bitcoin is trading just below $80,000 after a recent peak at $82,281 was rejected, causing short-term momentum to weaken. The price is currently caught between strong longer-term bullish trends and cooling short-term momentum, with key support at $78...
Innodata's stock was upgraded to Buy following a strong Q2 2026 performance, with revenue up 58% to $92.1 million and adjusted EBITDA rising 92%. The company's gross margin reached 49%, showing improved operational leverage. While client concentratio...
De Nederlandsche Bank recently relocated about 86 tonnes of gold from North America to London, but most of it was transferred by selling in New York and repurchasing in London, rather than physically moving the gold. Ripple CEO Brad Garlinghouse uses...
