News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Stocks
Benchmark Raises Hut 8 Price Target to $165 Amid AI Transition
Benchmark has increased its price target for Hut 8 to $165, driven by the potential of the Beacon Point AI data center project.
Mercation Admin4 min - Stocks
MARA Stock Rises After Bitcoin Miner Secures Large Texas Land Acquisition
MARA Holdings is acquiring over 1,200 acres in Texas to develop a computing campus for AI and Bitcoin mining, boosting its stock significantly.
Mercation Admin2 min - Stocks
Cantor Highlights Importance of Restoring STRC to Par for Strategy's Recovery
Cantor Fitzgerald emphasizes the necessity of restoring STRC to par for reviving Strategy's capital engine and bitcoin acquisition efforts.
Mercation Admin4 min - Stocks
Securitize Launches on NYSE with Tokenized Shares on Solana and Avalanche
Securitize shares surged over 8% on their NYSE debut while also launching tokenized versions worth $266 million on Solana and Avalanche.
Mercation Admin2 min - Stocks
Forward Industries Stock Surges Following $38 Million SOL Acquisition
Forward Industries' shares surged nearly 17% after the firm disclosed acquiring over $38 million in Solana during its fiscal Q3, now holding 7.55 million SOL.
Mercation Admin2 min - Stocks
Strategy Ends Nine-Day Decline as Bitcoin Firm Unveils Strong Capital Plan
Strategy shares ended a nine-day decline following the introduction of a new capital management framework, boosting investor confidence.
Mercation Admin2 min - Stocks
Investors Anticipate Strategy's June 30 Ex-Dividend Date and STRC Dividend Rate Adjustment
Investors are closely monitoring Strategy's June 30 ex-dividend date and anticipated dividend rate reset for the STRC preferred stock.
Mercation Admin4 min - Stocks
STRC Stock Shows Increasing Correlation with Bitcoin
STRC, the perpetual preferred stock of Strategy Inc., is now closely tracking Bitcoin's price movements, diminishing its effectiveness as a stable income source.
Mercation Admin4 min - Stocks
Micron's Exceptional Earnings Propel Stock by 16%, Impacting Crypto Market
Micron Technology's strong Q3 earnings report led to a 16% surge in its stock, impacting AI memory stocks and providing a minor boost to the crypto market.
Mercation Admin3 min - Stocks
Wendy's Gains Traction Among Meme Stock Investors
Meme stock traders are rallying around Wendy's, causing shares to spike over 25% amid calls to "save" the fast-food chain.
Mercation Admin2 min - Stocks
Cerebras Experiences 11% Drop Following Initial Public Earnings Report
Cerebras Systems' stock fell by 11% in after-hours trading following its first earnings report, despite a 92% revenue increase year-over-year.
Mercation Admin2 min - Stocks
The Decline of STRC: A Look at Strategy's Preferred Stock Troubles
STRC, Strategy's preferred stock, has seen a significant decline, dropping below its $100 par value due to various market factors and management decisions.
Mercation Admin6 min