MicroStrategy, now Strategy Inc., reported up to $14.5 billion in net losses for Q1 2026 due to Bitcoin's price drop. The company sold 32 BTC in June 2026, its first Bitcoin sale since 2022, signaling a shift in its long-held strategy of never selling. Holding about 843,706 BTC at an average price of $75,600, the current Bitcoin price near $60,000 has caused massive unrealized losses exceeding $13 billion. This situation highlights the risks of heavy Bitcoin concentration on corporate balance sheets and raises concerns about the company's ability to service debt without further Bitcoin sales.
Broadcom's stock fell about 1% in pre-market trading due to a broader tech sector decline. Despite a quiet few months, the stock is up nearly 6% in 2026, benefiting from a strong April rally. J.P. Morgan highlights Broadcom's ongoing partnership with...
California Attorney General Rob Bonta canceled a planned meeting with Paramount Skydance due to the company's alleged breach of confidentiality and misrepresentation during early settlement talks regarding its merger with Warner Bros. Discovery (WBD)...
ReElement Technologies, part of American Resources Corp, has appointed seven new executives to strengthen leadership at its rare earth and critical mineral refining facility in Marion, Indiana. The new hires bring expertise from diverse fields includ...
Coinbase shares trade at $186.49, with Bernstein analyst Gautam Chhugani setting a high price target of $330, implying 77% potential upside. Despite three quarters of earnings misses, shrinking crypto volumes, and a $359.5 million net loss in Q2 2026...
Vera Rubin's innovative 45-degree liquid-cooling architecture is driving a significant upgrade in AI infrastructure by enabling lower cooling costs, higher rack density, and improved energy efficiency. This technology helps hyperscale data centers ha...
