Strategy raised $333.7 million by selling shares last week but did not buy or sell any bitcoin, marking the eighth consecutive week without bitcoin transactions. The funds raised were used entirely for preferred dividends, preferred stock buybacks, and bolstering its USD reserve. The company holds 840,447 bitcoin, purchased at an average price of $75,385 each, currently valued below purchase cost. Strategy continues to manage its preferred stock and cash reserves while pausing bitcoin purchases amid market conditions.
CrowdStrike, a leading cybersecurity firm, has seen its stock price increase by 85% year-to-date, reaching a market cap over $220 billion. Investment firm Cowen & Co. reiterated a "Buy" rating and raised the price target to $235, citing strong financ...
Dan Loeb's Third Point fund opened a new $533 million stake in Warner Bros. Discovery (WBD) in Q2 2026, joined by David Einhorn and George Soros also buying shares. This rare alignment among activist, value, and macro investors highlights interest in...
Broadcom shares have dropped to $392.99, about 34% below the average analyst price target of $527.88, despite posting strong AI semiconductor revenue growth of 143% year-over-year and a bullish outlook for continued AI demand. The company leads in cu...
Nvidia announced it will provide credit and computing power for OpenAI's new AI data center in Pike City, Ohio, supporting an initial 4.25 gigawatts of capacity with an option for 3.75 more. The data center, managed by SB Energy under a 20-year lease...
In Q2 2026, David Tepper's Appaloosa Management reduced holdings in memory chip makers like Micron and exited SanDisk, reallocating capital into AI-related stocks such as Amazon, Taiwan Semiconductor, NVIDIA, and a new position in CoreWeave. Notably,...
