Markets2m read
MicroStrategy Shares Plunge 41% in June Amidst Persistent Bitcoin Weakness
MicroStrategy (MSTR) shares plummeted by 41% in June, marking the eleventh losing month in twelve amidst ongoing Bitcoin market weakness.
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Markets2m read
AI Chipmaker Cerebras Stock Drops 11% After First Public Earnings Report
AI chipmaker Cerebras's stock fell 11% after its first public earnings report, despite a 92% revenue increase, due to a lower gross margin forecast.
Markets1m read
MicroStrategy's STRC Stock Dips Following Latest Bitcoin Acquisition
MicroStrategy's stock, STRC, recently saw a decline to **$91**, prompting investor scrutiny over the company's aggressive Bitcoin acquisition strategy.
Markets3m read
Fold Holdings Sells Bitcoin to Clear Debt, Stock Jumps
Fold Holdings sold $45 million in Bitcoin to eliminate secured debt, causing its stock to surge and freeing up capital for new growth initiatives.
Markets1m read
Analysts Issue Bearish Coinbase Outlook Amid Derivatives Competition
Compass Point analysts have reiterated a bearish $140 price target for Coinbase, citing intense competition in the cryptocurrency derivatives market as a key concern.
Bitcoin1m read
MicroStrategy Sells 32 BTC, Raises $128.3 Million in Stock Offering
MicroStrategy sold 32 BTC in its first Bitcoin divestment since 2022, while also raising $128.3 million through stock sales, causing its stock to fall.
Markets1m read
Lenovo Stock Doubles in May Amid AI Server Boom
Lenovo's stock experienced a significant rally in May, driven by robust AI-related revenue and strong market confidence.