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Bitcoin treasury company Strategy (previously known as Microstrategy) fell 3% on Monday after raising approximately $466.7 million by selling common stock last week while leaving its bitcoin holdings unchanged. The company sold 4,818,781 MSTR shares between July 6 and July 12 and did not buy or sell any bitcoin during the period. The proceeds increased… Continue reading Strategy (MSTR) stock falls 3% after $467M raise: what happened to its BTC holdings?

Q32 Bio (QTTB) shares doubled on Monday as the clinical-stage biotech firm announced positive 36-week topline data from Part B of its Phase 2a SIGNAL-AA trial. The trial that evaluated its anti-IL-7R antibody – “bempikibart” – in patients suffering from severe or very severe alopecia areata hit primary endpoints, demonstrating an impressive 40% SALT-20 response… Continue reading Why Q32 Bio investors should take profits in the stock after 81% rally

Tesla stock (TSLA) fell more than 3% on Monday as investors continued to wait for further progress in the company’s artificial intelligence initiatives. The electric-vehicle maker’s stock traded at $393.56 during Monday’s session. The broader market also came under pressure after President Donald Trump announced he was reinstating what he described as a blockade on… Continue reading Why Tesla stock is down over 3% on Monday

SpaceX stock (SPCX) fell for a second consecutive trading session on Monday, moving closer to the company’s $135 initial public offering price just days after joining the Nasdaq-100 index. The stock declined more than 4% to trade around $139 as broader US equity markets also came under pressure. The S&P 500 fell to session lows… Continue reading Why SpaceX stock is slipping over 4% on Monday

US chip stocks are extending losses on July 13 as Washington and Tehran lock horns in a dangerous new phase of open hostility. Over the weekend and into Monday morning, the US Central Command (CENTCOM) launched heavy airstrikes targeting about 140 Iranian military installations, and Iran retaliated against regional US bases and declared the critical… Continue reading Intel, AMD tumble as chip sell-off deepens: what if US-Iran conflict drags on?

President Donald Trump said on Monday that the United States would reinstate its naval blockade of Iranian ships and charge a 20% fee on cargo passing through the Strait of Hormuz, marking a major escalation in Washington’s response to renewed conflict with Iran. The announcement came hours after another round of US strikes on Iranian… Continue reading Trump proposes 20% cargo fee as US vows to police Strait of Hormuz

Apple Inc. is emerging as an unlikely winner from Wall Street’s growing scepticism over artificial intelligence spending, with investors increasingly rotating into the iPhone maker as chipmakers and cloud-computing companies face mounting pressure. The stock has rebounded sharply after disappointing investors with its latest AI announcements, adding nearly $600 billion in market value since bottoming… Continue reading Apple’s AI restraint boosts stock; analysts see foldable iPhone as next catalyst