Meta (META) stock plummeted 8% after juries in California and New Mexico found the company liable for child safety issues, erasing $119B in market value.
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Micron (MU) dropped 20% after Google’s TurboQuant announcement. Morgan Stanley sees a buying opportunity with 51% upside potential. Here’s the bull case.
A federal judge blocked the Trump administration’s ban on Anthropic’s Claude AI, calling it illegal First Amendment retaliation. Appeal window set at 7 days.
Netflix (NFLX) increases subscription prices across all plans by $1-$2/month. Standard now $19.99, premium $26.99 as content spending rises to $20B.
ARK Invest partners with Kalshi prediction markets to enhance investment research and risk management. Cathie Wood calls it a natural innovation step.
Fannie Mae teams with Coinbase to offer crypto-backed mortgages. Homebuyers can pledge Bitcoin or USDC as collateral, avoiding sales and capital gains taxes.
Strategy (MSTR) reveals 80% of Stretch preferred shareholders are retail investors seeking Bitcoin exposure through 11.5% dividend yields amid market volatility.
GameStop (GME) pledged 4,709 Bitcoin to Coinbase as collateral for covered calls, generating premium income without selling its crypto holdings.
Bitcoin rebounded from 3% losses as Trump paused Iran strikes until April 6. Meanwhile, oil hit $103/barrel and bond yields reached 4.43% amid ongoing tensions.
Tether engages KPMG for full USDT reserve audit and PwC for system prep as it plans U.S. expansion under the GENIUS Act stablecoin regulatory framework.
Nvidia (NVDA) stock falls as federal judge certifies class action over alleged concealment of $1B+ in crypto mining revenue during 2017-2018 boom.
Microsoft (MSFT) stock plunges 32% from all-time highs as Copilot adoption disappoints. UBS cuts target, but Cramer remains bullish on the AI play.
Vertiv (VRT) retreated 10% from its $277.87 all-time high as short interest jumped 42.6%. Analysts maintain bullish outlook with targets up to $325.
FTC warns Visa, Mastercard, PayPal, and Stripe against denying services based on political or religious beliefs, threatening enforcement action.
Coca-Cola (KO) CEO James Quincey steps aside citing AI transformation, echoing Walmart (WMT) CEO Doug McMillon’s similar reasoning for departure.