Strategy Inc. MSTR (formerly known as Microstrategy) gained on Friday after Standard Chartered said recent weakness in bitcoin reflects investor uncertainty over the company’s evolving strategy rather than any deterioration in its balance sheet. In a note, Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, maintained the bank’s end-2026 bitcoin price target of
Nvidia stock (NVDA) traded higher on Friday as investors looked past reports that one of the company’s largest customers is stepping up development of its own artificial intelligence processors. The stock was up about 2.3% at around $207 at the time of writing after trading lower in premarket activity. Meta advances custom AI chip efforts
SoFi stock has rebounded in recent weeks, climbing from its year-to-date low of about $15 to around $19 today. Even so, the shares remain roughly 42% below their all-time high. CEO Anthony Noto has attributed much of the weakness to the broader pullback in fintech stocks. With the company’s earnings due later this month, the
Nexo, a digital assets wealth platform, has launched the Nexo Card in Argentina alongside the appointment of Andres Ondarra as General Manager for Nexo Argentina. The company said the two developments mark the next phase of its expansion in a market with high levels of digital asset adoption. The Nexo Card allows users to spend
The race to challenge Nvidia’s dominance in artificial intelligence chips is entering a new chapter, with startups attracting billions of dollars in funding, Big Tech accelerating in-house chip development, and investors betting that the next phase of AI computing may not belong exclusively to graphics processing units. While Nvidia continues to dominate the market for
US President Donald Trump has reignited his long-running dispute with Spain by threatening to cut off trade with the country over its refusal to back NATO’s new defence spending target. He also broadened his criticism of European allies over their stance on the recent conflict with Iran. Speaking to reporters ahead of a meeting with
Oil prices surged on Wednesday after US President Donald Trump said the ceasefire between the United States and Iran was over, reigniting concerns over supply disruptions in the Middle East and prompting a broad rally in crude markets. West Texas Intermediate (WTI) futures rose 5.69% to $74.45 per barrel, while Brent crude climbed 5.85% to
US stocks opened lower on Wednesday after President Donald Trump said an interim agreement aimed at ending the conflict with Iran was “over,” triggering a broad risk-off move across global markets as oil prices surged and investors reassessed geopolitical risks. The Dow Jones Industrial Average fell about 509 points, or 0.96%, while the S&P 500
Cash Cat (CASHCAT) has surged by more than 1,400% in the past 24 hours, making it one of the best-performing cryptocurrencies in the market despite a broader crypto selloff. The rally has pushed the meme coin to a new all-time high of $0.1418 before easing to around $0.1202, adding to its 5,530% seven-day gains. What
Spot gold and silver traded lower ahead of the market open on Wednesday as renewed tensions between the United States and Iran lifted crude oil prices offsetting the traditional safe-haven appeal of precious metals. At the time of writing, spot gold was trading near $4,074.10 per ounce, down 0.75% on the session, while spot silver