Michael Saylor, Executive Chairman of Strategy Inc., stated that Bitcoin's price would be between $40,000 and $50,000 without his company's $62 billion investment since 2020. Strategy Inc. owns about 818,000 Bitcoin, the largest corporate holding globally. The company has innovated financial products like STRC preferred stock to reduce Bitcoin's volatility and offer an 11.5% yield, aiming to expand its digital credit issuance significantly. Saylor believes Strategy accelerated Bitcoin's price growth by filling a market gap, though Bitcoin would have succeeded regardless.
Webull CEO Anthony Denier reveals that retail investors now hold a wider range of AI-related stocks, growing from 3% to 9% over two years. This shift shows confidence in AI as a long-term investment, with interest spreading beyond headline chip stock...
Analog Devices has agreed to acquire Empower Semiconductor for $1.5 billion in cash, with the deal expected to close in the second half of 2026 pending regulatory approval. Other notable transactions include Shein's acquisition of Everlane for $100 m...
Tenaris announced a $306 million CAD investment to upgrade and expand its Sault Ste. Marie Industrial Centre in Ontario, supported by federal and provincial governments. This investment will enhance production capacity, add new equipment, and improve...
The U.S. Department of Justice has launched a criminal investigation into Claritev Corporation over alleged price-fixing related to its Data iSight pricing tool. Following the news, Claritev's stock price dropped by nearly 50% over two days, signific...
Bank of America's strategist analyzed the 10 largest IPOs in history, finding that their impact on home-market indices varies widely. Some IPOs like Alibaba and ICBC coincided with strong market rallies, while others like Visa and AIA preceded major ...
