MicroStrategy, led by Michael Saylor, may resume weekly Bitcoin purchases after pausing for one week. The firm last bought about $77 million in BTC on March 23 and holds 762,099 BTC at an average cost of $75,694 per coin. Funding for these purchases comes mainly from its perpetual preferred stock offering, Stretch (STRC), which raises capital to buy more Bitcoin. With plans to raise $44.1 billion through stock sales and STRC issuance, MicroStrategy could buy at least 1,821 BTC soon, signaling continued confidence in Bitcoin despite current prices being below their average purchase cost.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Labcorp is considered a buy due to its effective rollup strategy in a fragmented lab testing industry, driving steady and predictable growth. Automation is reducing operational costs, helping to counteract healthcare pricing pressures. The company no...
