Strategy (MSTR) stock falls even as company adds 1,665 BTC
Strategy stock (formerly known as MicroStrategy) MSTR fell 0.75% on Monday after the Bitcoin treasury company disclosed another purchase of 1,665 BTC for approximately $142.7 million.According to a Form 8-K…
Meta just triggered a crash in MongoDB stock
MongoDB (MDB) stock has come under immense pressure on September 28 after Meta Platforms (META) poached the company’s chief executive, Chirantan “CJ” Desai.Desai stepped down from his role at MongoDB…
Why are Intel and AMD stocks falling on Monday?
Intel and AMD stocks fell sharply on Monday as rising oil prices and Treasury yields put pressure on broader markets, with chip and AI-related shares bearing the brunt of the…
Why is Microsoft stock rallying 4% today?
Microsoft (MSFT) stock rallied about 4% on Friday after the software giant unveiled a major expansion of its Copilot AI assistant, adding coding capabilities, autonomous AI agents, and direct access…
Nike stock still hasn’t bottomed, analyst warns
Nike (NKE) shares have come under pressure on Friday after a Bank of America analyst, Lorraine Hutchinson, downgraded the athletic footwear company to underperform.In her research note, Hutchinson lowered her…
Why the biggest earnings beats are becoming the worst trades on Wall Street
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the…
Why the biggest earnings beats are becoming the worst trades on Wall Street
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the…
Is $2 trillion for Anthropic believable? Three analysts pull apart the number
Anthropic is reportedly targeting a November Nasdaq listing at a valuation investors are discussing near $2 trillion.That figure would more than double the $965 billion post-money valuation set in the…
Bloom Energy stock forms island reversal amid Project Jupiter risks
Bloom Energy stock is in the spotlight this week because of its role in the beleaguered data center project in New Mexico. BE dropped to $254 on Thursday, before recovering…
The higher-for-longer trade is creating a tech divide
The 10-year Treasury yield reached a high of about 5.2% on September 24, a multi-decade high that should, by conventional logic, compress valuations across richly priced technology stocks.Instead, the Magnificent…