MSCI is consulting on a proposal to exclude companies like Strategy and Metaplanet from its Global Investable Market Indexes because they rely heavily on raising funds to buy assets such as Bitcoin, rather than generating cash from core operations. Strategy failed all financial tests based on its 2025 filings, and the public consultation ends September 30, 2026, with a decision expected by October 16. If removed, funds tracking MSCI indexes would have to sell shares in these companies, potentially impacting their stock prices. This move reflects MSCI's effort to refine index eligibility by targeting non-operating companies that accumulate assets instead of running active businesses.
IperionX Limited is viewed positively due to the scarcity of domestic titanium production and strong economics of its Titan Critical Minerals Project. The company's integrated approach, from titanium powder to components, adds value and is supported ...
XRP price fell below $1 twice this week, but on-chain data shows a surge in withdrawals from exchanges, especially Binance, reaching the highest levels since 2019. Large XRP holders, or whales, have increased their holdings to over 12 billion tokens ...
Lucid's stock has seen volatile swings recently, with a shift toward bearish sentiment after its August earnings report missed revenue and loss expectations. Despite a July surge fueled by confidence from a Saudi royal investor, the company's quarter...
Uber and Chinese autonomous vehicle maker Pony.ai have announced plans to introduce 2,000 robotaxis in four European cities as part of their expanded partnership. Pony.ai will provide the autonomous driving technology, while Uber will leverage its ri...
Public Bitcoin miners have cut their hashrate by 13.4%, signaling a reduction in their mining activity or capacity. Meanwhile, revenue from AI infrastructure has grown, indicating increased investment or demand in that sector. This shift highlights a...
