Strategy stock jumps 8% as company resumes Bitcoin purchases
Strategy (formerly known as MicroStrategy) MSTR stock jumped 8% in trading on Monday after the company resumed buying Bitcoin following a two-week pause, while also continuing its repurchases of STRC…
Why SpaceX stock is up over 2% on Monday
SpaceX (SPCX) stock rose in early trading Monday as its weighting in the Nasdaq-100 more than doubled in the index’s quarterly rebalance.Shares were up around 2% near $156, extending the…
Why is Critical Metals stock soaring and what comes next?
Critical Metals (CRML) shares ripped higher on Monday morning after the Trump administration announced a historic security pact between the US, Denmark, and Greenland.This geopolitical milestone derisks CRML’s flagship Tanbreez…
Was the Fed’s hike one-and-done? Analysts weigh what comes next
The Federal Reserve delivered its first rate hike since July 2023 on Wednesday, lifting the federal funds target range by 25 basis points to 3.75%-4% in a unanimous 12-0 decision.The…
Micron stock rises as RBC sees AI memory demand supporting valuation
Micron Technology (MU) shares rose on Friday as RBC Capital Markets said the memory-chip maker’s valuation does not fully reflect its exposure to the artificial intelligence-driven memory boom.Micron stock gained…
Evening digest: Aramco to halt Europe oil deliveries, Bitcoin hits $81K
Saudi Aramco has told at least two European refining customers they will receive no crude oil in October following damage to the kingdom’s key East-West pipeline, while gold prices rose…
Invezz Explains: India wants UPI revenue but its payment data may be worth more
India’s decision to introduce a merchant discount rate on selected UPI payments has reopened a debate over who should pay for the country’s digital payment infrastructure.From October 15, person-to-merchant transactions…
Evening digest: Aramco to halt Europe oil deliveries, Bitcoin hits $81K
Saudi Aramco has told at least two European refining customers they will receive no crude oil in October following damage to the kingdom’s key East-West pipeline, while gold prices rose…
Dow closes 110 pts lower as treasury yields rise and oil stays above $100
US stocks ended mixed on Friday as investors wrapped up a volatile week marked by the Federal Reserve’s first interest-rate hike in three years, rising Treasury yields and elevated oil…
SpaceX stock forecast after hitting a $946 million NASA deal
SpaceX stock has moved sideways at an important price, even after the company received a $964 million deal by NASA. SPCX also wavered as investors waited for the upcoming Starship…