US tech companies have sharply increased bond borrowing to fund AI projects, pushing Treasury yields to multi-year highs. This rise in yields makes interest-bearing assets like bonds more attractive compared to Bitcoin, which has fallen 46.1% over the past year. The surge in tech debt, combined with high government borrowing, intensifies competition for capital, potentially limiting Bitcoin's appeal as investors favor safer, yield-producing investments. Future Treasury auctions will test if demand can keep pace with growing debt and AI financing needs.
Shopify reported strong Q2 2026 earnings, surpassing analyst expectations thanks to significant growth in AI-driven commerce. AI-driven traffic and orders to Shopify stores tripled year-over-year, boosting confidence in the company's AI innovation. S...
Freightos Limited reported Q2 results surpassing expectations with an EPS of -$0.03 versus -$0.05 expected and record revenue of $7.7 million, driven by a 19% increase in core platform revenue. The company narrowed its adjusted EBITDA loss to $2 mill...
Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...
Elon Musk’s net worth surpassed $900 billion again due to a strong rally in SpaceX shares, which rose over 6% to nearly $150. This surge followed disclosures of significant institutional investments, including Harvard’s $2.2 billion stake and large h...
The YieldMax MSTR Option Income Strategy ETF (MSTY) is rated a tactical BUY for investors bullish on Bitcoin who want high income. MSTY offers a high distribution rate of about 75%, enabling significant capital recovery over roughly 16 months if dist...
