Bitmine (BMNR) purchased 27,180 ETH worth $68M, bringing total holdings to 5.96M tokens. Tom Lee highlights ETH-BTC ratio breakout and staking revenue growth.
ASML stock declined 5% Friday, but Cantor Fitzgerald maintains Overweight rating with EUR2,500 target suggesting 70% upside potential for investors.
Nokia (NOK) stock plunged 10% to €8.712 as a tech sector selloff hammered AI-linked stocks while concerns over India costs added to the decline.
European gas prices soared 6% to their highest since 2022 as Saudi Arabia closed a key pipeline and storage dropped to just 68% of capacity.
The dollar climbed to a two-week high with 86% odds of a Fed rate hike. BofA predicts sideways trading through year-end despite recent strength.
Bank of America sets S&P 500 target at 7,800 for next 12 months, suggesting only 2% upside. BofA strategist warns correction may be coming soon.
Latest News
View MoreMicrosoft (MSFT) stock rises 0.65% as CEO Nadella calls for slower AI development. New AI Code of Conduct draft released. Analysts maintain Strong Buy rating.
Tesla (TSLA) stock drops 1.7% premarket after Elon Musk confirms October 1 Roadster unveiling with possible SpaceX thruster integration at McGregor facility.
Trump promises $5,000 payments to American adults contingent on GOP winning 2026 midterms. The $1.2 trillion plan lacks detailed funding specifics.
Elon Musk confirms SpaceX will launch Nvidia Vera Rubin AI computers to orbit in 2027. SpaceX’s Nasdaq 100 weighting projected to jump from 1.28% to 2.82%.
Western Digital (WDC) shares dropped 3% after revealing plans to redeem $109.5M in convertible notes. Noteholders can convert until November 12, 2026.
Samsung and SK Hynix rejected KEPCO’s $18.7B power infrastructure prepayment deal, citing semiconductor demand uncertainty. Shares tumbled in Seoul trading.
Hunter Biden’s $LAPTOP meme coin crashed 98% at launch due to a liquidity error. Over 15,000 investors lost money while one trader profited $930K.
Nasdaq futures dropped 1.5% Monday as Anthropic and OpenAI CEOs urged AI slowdown. Chip stocks declined, oil rallied, and Fed rate decision looms this week.
Nvidia (NVDA) stock declined 2.9% after AI industry leaders called for slower development, sending shockwaves through the semiconductor sector.
Tesla (TSLA) stock dropped 1.7% in premarket trading after Elon Musk endorsed Anthropic CEO’s call to slow AI development, affecting broader tech stocks.
ByteDance secured a $29.6B loan from 28 banks to fund AI expansion, marking Asia’s second-largest dollar loan in 2025 with favorable terms.
Anthropic, Google, and OpenAI are developing a private AI standards body for testing and auditing models, facing opposition from Meta and smaller firms.
Finance News
View MoreTech stocks declined Monday after AI CEOs called for slower development. Nasdaq fell 1.3%, chip stocks dropped, and oil reached $108 amid market uncertainty.
Bitmine (BMNR) purchased 27,180 ETH worth $68M, bringing total holdings to 5.96M tokens. Tom Lee highlights ETH-BTC ratio breakout and staking revenue growth.
ASML stock declined 5% Friday, but Cantor Fitzgerald maintains Overweight rating with EUR2,500 target suggesting 70% upside potential for investors.
Nokia (NOK) stock plunged 10% to €8.712 as a tech sector selloff hammered AI-linked stocks while concerns over India costs added to the decline.
European gas prices soared 6% to their highest since 2022 as Saudi Arabia closed a key pipeline and storage dropped to just 68% of capacity.
The dollar climbed to a two-week high with 86% odds of a Fed rate hike. BofA predicts sideways trading through year-end despite recent strength.
Bank of America sets S&P 500 target at 7,800 for next 12 months, suggesting only 2% upside. BofA strategist warns correction may be coming soon.
Fed expected to hike rates Wednesday as oil surges past $100 and AI safety concerns rattle tech stocks. Key market catalysts to watch this week.
Definium Therapeutics (DFTX) stock rose 20% after DT120 ODT met Phase 3 endpoints for GAD treatment. NDA submission planned for H1 2027.
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