Rocket Lab Selloff Deepens as High-Flying Space Stocks Lose Altitude
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Strategy sold 32 BTC (~$2.5M) to help fund preferred stock dividend payments. The sale represented just 0.004% of its 843,706 BTC holdings and was made ...
The bitcoin-hoarding firm says it sold the cryptocurrency to fund distributions on its preferred stock.
Strategy sold about $2.5 million of Bitcoin as investors questioned its long-standing hold strategy.
Despite Vertex Pharmaceuticals' underperformance relative to the healthcare sector over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.
(Updates prices.) Gold fell off a two-week high midafternoon Monday as the dollar rose after fres
The market was disappointed by the more detailed data on a landmark trial for the company's multi-cancer early detection (MCED) test.
A resurgence in software stocks is carrying the S&P 500 and Nasdaq to fresh highs despite the latest Iran war worries. The Nasdaq was up 0.5%, while the S&P 500 was up 0.2%. The Dow was down 102 points, or 0.2%.
Photronics' Q2 FY26 EPS and revenue miss estimates as IC revenues fall on delayed chip design releases; gross margin shrinks, and Q3 guidance remains cautious.
Although the stock is still up more than 10% year to date, it has fallen by just as much from a year ago.
Above Food Ingredients disclosed a Nasdaq delisting notice tied to its failure to file audited financial statements and Form 20-F.
SELLAS Life Sciences Group, Inc. (NASDAQ:SLS) was one of the stocks on Jim Cramer’s radar on Mad Money as he explained that many investors might be missing out on the market’s biggest winners. Responding to a caller’s question about the company, Cramer stated: Oh, this life science company that is, look, okay, so this is […]
Jefferies gives mixed messages on Redwire today, as investors sell the space stock.
Jefferies noted that Redwire and space-related stocks have seen significant momentum so far this year, driven by the buzz surrounding SpaceX’s planned public listing.
A 32-bitcoin sale generating $2.5 million marks a shift as preferred stock obligations mount.
TSMC's ADR premium dropped to 13.7% in May as Taiwan-listed shares outpaced US-listed gains.
Positive late-stage results may support an expanded use of the therapy.
Things end with a whimper, not a bang, T.S. Eliot theorized in his 1925 poem “The Hollow Men,” a bleak assessment of life after the first world war. Bitcoin ongoing decline, and 40% slump from the heady heights of its late October record, might be undergoing a similar evolution, losing its luster to one of the biggest tech rallies on record and suffering some big name exits as it reaches the lowest levels since early April. Mark Cuban, the billionaire former “Shark Tank” regular and erstwhile critic of President Donald Trump, dumped nearly all his bitcoin holdings late last month, saying the original digital currency has “lost the plot.”
Everyone likes Viasat stock today -- except for the investors who are selling it off.
The MIROVA miss dampens prospects for Elahere's near-term label expansion into platinum-sensitive disease.
Michael Saylor had one message about Bitcoin: never sell. He turned Strategy (NASDAQ: MSTR), formerly MicroStrategy, into the largest corporate holder of Bitcoin in the public markets. Now that message just cracked. Between May 26 and May 31, Strategy sold 32 Bitcoin for roughly $2.5 million, ...
The world's top cryptocurrency will remain volatile this year.
FedEx shares just got smaller -- but investors got FedEx Freight stock as a consolation prize.
Shares of NVIDIA (NASDAQ:NVDA) are up 4% in midday trading Monday, changing hands near $220 after the chipmaker unveiled its RTX Spark superchip at Computex 2026. The rally lifts NVDA stock well above Friday’s $211 close. The opposite story is playing out at Qualcomm (NASDAQ:QCOM). QCOM stock is down 7% to roughly $234, with an ... NVIDIA Rallies 4% on RTX Spark Launch as Qualcomm Falls 7% on AI PC Competition Fears
The new Nvidia RTX Spark processor represents a direct assault on Intel's core business.
Shares of Intel Corp (NASDAQ:INTC, XETRA:INL), Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) and Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) fell sharply on Monday after Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) unveiled a new personal computer chip at the Computex trade show in Taipei, marking a...
Bitcoin's price fell nearly 3% to around $71,300, reaching its lowest level in seven weeks.
Costco shares are sinking, even though the company posted a strong Q3 performance. Here’s why investors must still practice caution in buying the post-earnings dip in COST stock.
Market Catalysts Host Julie Hyman and Yahoo Finance Markets and Data Editor Jared Blikre track several of the day's top trending stock tickers, including Strategy (MSTR) stock taking a hit after selling $2.5 million worth of bitcoin (BTC-USD), IBM (IBM) stock jumping on a resurfaced video of President Trump praising IBM CEO Arvind Krishna, and Berkshire Hathaway (BRK-A, BRK-B) to acquire Taylor Morrison Home (TMHC) in a $6..8 billion deal.
The space sector split is widening fast Monday morning. Virgin Galactic (NYSE:SPCE) stock is up 18% to $7.28, while launch-exposed peers are sliding hard. AST SpaceMobile (NASDAQ:ASTS) stock is down 9% to $103.50, Planet Labs (NYSE:PL) stock is off 8% to $46.85, and Rocket Lab (NASDAQ:RKLB) stock is the hardest hit at down 13% to ... Virgin Galactic Rockets 18% Monday: AST SpaceMobile Sinks 9%, Rocket Lab Drops 13% as Space Divergence Widens