Stock Market News

Strategy Buys Back $139M of STRC as Bitcoin Holdings Stay Unchanged
Strategy Buys Back $139M of STRC as Bitcoin Holdings Stay Unchanged

Strategy has made no Bitcoin purchases or sales for the third consecutive week, splurging a small fortune on STRC buybacks.

Aliyu Pokima • 2 days ago
JPMorgan Doubles Down on IREN Stock, Raises Price Target to $65
JPMorgan Doubles Down on IREN Stock, Raises Price Target to $65

JPMorgan sees 48% upside for IREN, raising its price target to $65 as the Bitcoin miner shifts toward AI infrastructure, backed by Nvidia, Microsoft, and growing cloud demand.

Hassan Shittu • 2 days ago
SpaceX Set for Billions in Passive Buying as Nasdaq-100 Weight Doubles
SpaceX Set for Billions in Passive Buying as Nasdaq-100 Weight Doubles

SpaceX is set to get a larger weighting in the Nasdaq-100 later this month, a change that could trigger billions of dollars in buying from index funds.

Michael Adeleke • 2 days ago
Nvidia Mulls $10B Investment in Anthropic’s Record-Breaking IPO
Nvidia Mulls $10B Investment in Anthropic’s Record-Breaking IPO

Nvidia is weighing a major Anthropic investment that will make it a key backer of the AI company’s record-breaking IPO.

Aliyu Pokima • 2 days ago
OpenAI Puts Off 2026 IPO as Sam Altman Raises AI Safety Concerns
OpenAI Puts Off 2026 IPO as Sam Altman Raises AI Safety Concerns

Sam Altman has revealed that OpenAI is not planning to go public this year as rising AI risk concerns could push the IPO plans to 2027.

Nynu Jamal • 2 days ago
OpenAI and Anthropic CEOs Warn AI Needs to Slow Down: What It Means for AI Stocks
OpenAI and Anthropic CEOs Warn AI Needs to Slow Down: What It Means for AI Stocks

OpenAI and Anthropic CEOs back calls to slow frontier AI development, raising questions about the future of Nvidia, Oracle, CoreWeave, and other AI stocks.

Hassan Shittu • 2 days ago
Oracle Stock Jumps 7% as AI Boom Powers Strong Earnings Beat
Oracle Stock Jumps 7% as AI Boom Powers Strong Earnings Beat

The Oracle stock price has seen a notable surge of 7% during Friday’s pre-market trading hours driven by the company’s Q1 results.

Nynu Jamal • 5 days ago
Elon Musk’s The Boring Company Soars to $23B Valuation After $3B Raise
Elon Musk’s The Boring Company Soars to $23B Valuation After $3B Raise

The Boring Company has seen its valuation jump from $5 billion to $23 billion after raising $3 billion led by UAE investors.

Aliyu Pokima • 6 days ago
Apple Stocks Slip After First Foldable iPhone Reveal
Apple Stocks Slip After First Foldable iPhone Reveal

Apple’s first foldable iPhone arrives at $1,999 as AAPL shares slip after launch, raising questions about the company’s next growth cycle and AI strategy.

Hassan Shittu • 6 days ago
Nasdaq Invests $100M in Kraken Parent Payward, Valuing It at $21 Billion
Nasdaq Invests $100M in Kraken Parent Payward, Valuing It at $21 Billion

Nasdaq has invested $100 million in Payward, Kraken's parent company, as the two expand their work on tokenized stocks.

Michael Adeleke • 6 days ago