MGM Resorts stock climbed 2.32% after crushing Q4 earnings expectations and attracting significant institutional buying, including major purchases from IAC.
Author: Oliver Dale
Oliver Dale
Oliver Dale is Editor-in-Chief of Circlo and founder of Kooc Media Ltd, A UK-Based Online Publishing company. A Technology Entrepreneur with over 15 years of professional experience in Investing and UK Business.His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. oliver@circlo.io
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TLDR Nio completed initial right-hand-drive vehicle shipments to Singapore with plans to enter Great Britain and Thailand during 2026 Firefly sub-brand delivered 5,912 vehicles in October while total company deliveries increased 92.6% compared to prior year Third-quarter earnings report drops November 25 with Wall Street forecasting revenue of $3.12 billion and $0.22 per share loss Goldman Sachs analyst moved break-even projection to 2028 from 2029 and increased price target to $7 from $4.30 Stock currently trades at $5.58 with six Buy ratings, six Hold ratings, and one Sell rating from analysts Nio is making its international ambitions clear with a…
TLDR Bitmine Immersion spent $82 million acquiring 28,625 ETH over the weekend as Ethereum prices struggled. The purchase came one day after a separate $60 million ETH acquisition, totaling $142 million in two days. BMNR shares rose 5% premarket Monday, maintaining a 258% year-to-date return despite monthly losses. The company’s Ethereum position now represents 3% of the cryptocurrency’s entire circulating supply. Bitmine will begin staking operations through its MAVAN network in 2026 while paying dividends to shareholders. Bitmine Immersion Technologies completed an $82 million Ethereum purchase over the weekend. The transaction added 28,625 ETH to the company’s existing reserves. The…
TLDR Digital banking app Revolut announced a $75 billion valuation following a secondary share sale Monday The deal attracted backing from investment firms including Coatue and Greenoaks Venture capital giant Andreessen Horowitz invested in the transaction Nvidia’s investment division joined the round as a participant The secondary sale enables early investors to liquidate holdings at the new price point Revolut revealed Monday that it completed a secondary share offering. The transaction establishes a $75 billion valuation for the UK-based fintech platform. Multiple high-profile investment firms participated in the deal. The investor group includes Coatue and Greenoaks Capital. Andreessen Horowitz backed…
Joby Aviation stock climbed 5.6% to $16.49 in early trading on October 29, 2025, following the NVIDIA collaboration announcement made after market close on October 28. The partnership makes Joby the exclusive aviation launch partner for NVIDIA’s IGX Thor computing platform powered by Blackwell architecture. Joby’s Superpilot™ technology will integrate with NVIDIA’s AI platform to enable features like flight-path optimization, weather adaptation, and environmental awareness in urban settings. The stock has posted gains of 92% year-to-date and 212% over the past 12 months, outpacing the broader market. Analysts project Joby could reach $1 billion in sales by 2029, with commercial…
Microsoft stock closed up 2% at $542.07, pushing valuation back to $4.04 trillion Tuesday Deal gives Microsoft 27% equity position in OpenAI’s new for-profit structure worth $135 billion Company receives exclusive technology and API access rights lasting through 2032 minimum Analysts maintain Strong Buy consensus with average $631.12 share price target Agreement includes $250 billion Azure cloud services contract from OpenAI Microsoft returned to the $4 trillion market capitalization club Tuesday. Shares rose 2% to finish at $542.07, placing the company’s value at $4.04 trillion. The stock gained momentum after OpenAI announced its corporate restructuring. The AI company will convert…
Nokia shares dropped 5% in Helsinki trading after a two-day 40% surge driven by excitement over the Nvidia deal Nvidia is paying $1 billion to acquire 2.9% of Nokia as part of an AI-focused telecommunications partnership Analysts caution investors that the stock rally has outpaced realistic expectations for near-term financial benefits Revenue generation from the partnership is projected to start in 2027 with 5G deployment followed by 6G The deal positions Nvidia as Nokia’s second-largest shareholder with focus on AI-powered radio networks Nokia experienced a sharp reversal on Thursday. The stock fell 5% in Helsinki after climbing more than 40%…