Strategy Inc reported no Bitcoin transactions last week following its first Bitcoin purchase since June, holding about 845,050 BTC at an average cost of $75,412 each. The company's shares fell 3% to $138.43 in premarket trading, despite Canaccord Genuity raising its price target to $179 with a buy rating. Strategy remains the largest publicly traded corporate Bitcoin holder, but recent financial results showed a significant loss per share, raising concerns despite revenue growth. Analyst opinions vary, with a moderate buy consensus but some bearish price target reductions, indicating cautious optimism about the stock's future performance.
GameStop is set to report its fiscal Q2 results, but investors are more focused on how Ryan Cohen will use the company's $7+ billion cash reserve rather than the earnings themselves. The company showed revenue growth and margin improvement last quart...
Qualcomm announced a partnership with Amazon Web Services to develop multiple generations of customized silicon for AWS' AI infrastructure. This move marks Qualcomm's push into the data center market, traditionally dominated by Nvidia, especially ami...
LayerZero Labs has achieved both SOC 2 Type 1 and Type 2 certifications for its entire infrastructure, confirming strong data security and operational controls. This rare compliance milestone among crypto firms enhances LayerZero's credibility with i...
Berger Montague PC is investigating ADMA Biologics' Board of Directors for possible breaches of fiduciary duty related to alleged channel-stuffing practices. The firm suspects ADMA may have artificially inflated revenue growth despite declining deman...
Over the past year, SpaceX attracted over $7 billion from 108 institutional investors, with no reported sellers, highlighting strong confidence in its growth prospects. Key drivers include the expansion of Starlink, government contracts, and the upco...
