4h ago
Strategy (MSTR) Stock Drops Below $100: Is the Corporate Bitcoin Machine Under Threat?
Shares of the world's largest corporate Bitcoin treasury company, Strategy Inc. (NASDAQ: MSTR, formerly MicroStrategy), experienced a punishing sell-off during standard trading on June 24, plunging 9.26% to close at $94.22. The drop undercuts the psychologically critical $100 threshold on a split-adjusted basis for the first time since early 2024, trading heavily toward its fresh 52-week low of $92.28.
BTC
BTC-1.54%
4h ago
4h ago
Bitcoin climbs back above $60,000 as ether and solana pare losses while AI stocks rebound
Bitcoin has reclaimed the $60,000 level, while ethereum (ETH) and solana (SOL) have recovered from earlier losses. AI-linked stocks also rebounded, signaling improved investor sentiment across both sectors. The moves suggest a broader risk-on tilt, with traders rotating back into growth and crypto assets.
BTC
BTC-1.54%
4h ago
4h ago
Sector Halo Effect: SanDisk (SNDK) Vaults 12% After Hours to $2,150 on Blowout Micron Earnings
SanDisk Corporation (NASDAQ: SNDK) experienced an explosive 11.94% post-market surge, vaulting to $2,150.83 after closing the standard June 24 trading session down 2.15% at $1,921.42.
4h ago
4h ago
Oil slips under US$70 as ASX energy stocks sell off
International oil prices pulled back sharply, with WTI falling to US$69.14 a barrel and Brent to US$72.35, taking both benchmarks below key psychological levels. The drop comes as US-Iran talks show progress and tanker movements through the Strait of Hormuz rebound to 14 ships a day. Weak demand signals from China added pressure after May crude imports came in at 7.82 million barrels per day, the lowest since 2018 and 38% below February. ASX energy shares also retreated, with Woodside and Santos each down nearly 15% over the past month.
4h ago
4h ago
Sensex rises 440.23 points and Nifty adds 137.80 in early trade as Brent slips 1.70% to USD 72.49
Indian equities opened sharply higher, with the Sensex up 440 points to 77,435.76 and the Nifty gaining 138 points to 24,147.60. The move followed a 1.7% drop in Brent crude to USD 72.49 per barrel as geopolitical risk premiums eased and supply conditions stabilized. Asian markets were mostly higher, led by South Korea’s Kospi up over 5% and Japan’s Nikkei 225 nearly 4% higher. Foreign investors were net sellers on Wednesday, offloading Rs 1,843.40 crore, according to exchange data.
4h ago
5h ago
Intel Stock Eyes Trend Reversal: Power Inflows and Sovereign AI Demand Spark 5% After-Hours Surge
Intel Corporation (NASDAQ: INTC) is firmly back in the spotlight as a massive intraday trend reversal and major infrastructure announcements pushed the stock up over 3% during standard trading, followed by an explosive 5.14% after-hours rally to $138.69.
5h ago
5h ago
Micron Shatters Earnings Expectations with $41.4B Revenue as AI-Driven Memory Crunch Extends Past 2027
Micron Technology, Inc. (NASDAQ: MU) has officially crossed into the trillion-dollar club, crushing its Fiscal Q3 2026 earnings with jaw-dropping numbers that underscore the structural, near-insatiable demand for high-bandwidth memory (HBM) and data center infrastructure. The memory maker announced its fifth consecutive revenue record, pushing the stock up over 14% in extended trading to approximately $1,195.97, coming within striking distance of its 52-week high of $1,213.56.
5h ago
5h ago
Binance seeks new EU licensing route ahead of July 1 MiCA deadline
Binance is looking for a new EU licensing path after withdrawing its MiCA licence application in Greece shortly before its current permission expires. The exchange now faces an authorization deadline as it prepares to apply in another EU member state. The move comes as the MiCA transition period approaches its end, tightening the timeline for firms operating without full approval.
BTC
BTC-1.54%
5h ago