Microsoft (MSFT) unveils $5.5B Singapore AI investment through 2029. Stock rises 3% despite worst quarter since 2008. Q2 revenue: $81.3B, Azure up 39%.
Browsing: Stocks
Amazon (AMZN) ends 8-year Amex partnership, unveiling two new U.S. Bank business cards on Mastercard network with up to 5% back. Transition set for August.
Rocket Lab (RKLB) stock rallied 12% on German approval of Mynaric acquisition. Analysts maintain bullish stance with $90 target, citing supply chain benefits.
Interactive Brokers debuts crypto trading for European retail investors, offering Bitcoin, Ethereum, and 9 other digital assets via MiCA-compliant platform.
Bitcoin jumped nearly 2% to $67,800 while stocks posted monthly highs as Iran signals openness to ending conflict with security guarantees in place.
Trump sets 2-3 week timeline for US exit from Iran. Bitcoin up 1.6%, Ethereum gains 3.5%, S&P 500 rallies 2.91% as markets respond positively to withdrawal news.
Galaxy Digital rolls out Solana staking on GalaxyOne with 6.5% yield and waived fees until end of 2025, competing with Coinbase and Robinhood.
Disney (DIS) trades at 13.7x earnings vs Netflix’s 28.5x. Needham analyst says a media re-rating could double the stock from current levels.
MercadoLibre (MELI) is discontinuing Mercado Coin on April 17, 2026, ending its proprietary crypto rewards program while keeping its $38M bitcoin position.
Oracle (ORCL) stock jumped 4.8% after announcing mass layoffs as part of a $50B AI spending initiative. Restructuring expected to cost $2.1B in severance.
Bitfarms (BITF) CEO confirms plan to liquidate all BTC holdings, transition to AI data centers, and rebrand as Keel Infrastructure by April 2026.
Snap (SNAP) surged 13% after Irenic Capital revealed a 2.5% stake and urged CEO Evan Spiegel to cut costs, pivot to AI, and reconsider Spectacles.
Super Micro Computer (SMCI) stock crashes 65% from peak as co-founder faces export violation charges. Major investors exit despite AI infrastructure growth.
U.S. stocks rallied sharply Tuesday with Dow up 1,000 points as Iran and the U.S. signaled potential end to military conflict. Oil prices dropped on the news.
Meta (META) stock rises 4% after unveiling two prescription Ray-Ban smart glasses at $499 with AI translation and nutrition tracking features.