Strategy Inc. (MSTR) saw its preferred stock (STRC) fall below $98 amid concerns over a shrinking dividend cash reserve, now covering only 6.1 months of payments down from 21 months. This decline followed a $1.38 billion reserve drawdown to repurchase convertible debt, leaving the dividend buffer thin. Analyst Peter Schiff warned this triggers a 'death spiral' where falling stock prices force higher yields, leading to more Bitcoin sales to fund dividends, further depressing prices. The company sold Bitcoin for the first time since 2022 as part of this liquidity strategy, raising concerns about future dividend sustainability and stock value.
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
BMW is recalling 29,119 plug-in hybrid sedans due to a potential fire risk caused by corrosion in the engine starter's electrical relay. This defect can lead to a short circuit and overheating even when the vehicle is parked with the ignition off. Th...
