Peter Schiff argues that Bitcoin's recent price drop below $62,000 is not due to MicroStrategy's recent sale of 32 BTC but rather the company's years of aggressive Bitcoin accumulation. He claims that MicroStrategy's large purchases, totaling over 840,000 BTC, have significantly influenced Bitcoin's price volatility by creating sustained buying pressure that fueled past rallies and now contributes to sharp declines. Schiff suggests that Michael Saylor, MicroStrategy's chairman, effectively controls Bitcoin's price movements, implying future price action depends on his decisions. This highlights the outsized impact of corporate Bitcoin treasury strategies on the market.
BlackRock, Inc. has officially notified that its direct and indirect ownership in Orion Oyj, a Finnish pharmaceutical company, has exceeded the 5% threshold as of June 4, 2026. This includes shares held directly, indirectly, and through financial ins...
DIAGNOS inc. is advancing toward important regulatory approvals for its AI-powered eye disease detection platform, CARA, with submissions underway in Canada, the US, and Saudi Arabia. The platform has already assessed over 400,000 patients globally a...
SpaceX's AI business reported a $6.4 billion operating loss in 2025, up from a $1.6 billion loss the previous year, reflecting heavy investment in AI compute infrastructure and growth initiatives. The company has deployed AI training clusters with ov...
eXp Realty announced that 44 of its agents and teams earned 54 placements on the 2026 RealTrends + Tom Ferry The Thousand list, marking a 10% growth from 2025. The brokerage led the Enterprise Team category by volume, representing $11.8 billion in sa...
Palantir CEO Alex Karp likened companies' excessive use of AI to compulsive behavior, saying many firms are 'token maxing'—using AI heavily without solving real problems. He revealed Palantir developed an internal tool to help companies reduce this u...
