News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- 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 - Stocks
Bitcoin Strategy's Preferred Stock STRC Hits Record Low
Strategy's preferred stock STRC hit an all-time low of $82.53, raising concerns about its management of fixed obligations amidst uncertainty in the market.
Mercation Admin4 min - Stocks
Strategy's STRC Preferred Stock Falls to Record Low
Strategy's STRC preferred stock has dropped to a record low of $89, halting the company's ability to raise funds for bitcoin purchases.
Mercation Admin4 min - Stocks
BitGo Stock Rises Following $50 Million Share Repurchase Amid Ongoing Struggles
BitGo's stock surged nearly 20% after the announcement of a $50 million share buyback, yet remains significantly below its IPO price.
Mercation Admin3 min - Stocks
SpaceX Makes a Splash with 20% Surge in Nasdaq Launch
SpaceX shares surged 20% in their Nasdaq debut, opening at $150 and rising to $162 after an IPO priced at $135 per share, raising $75 billion.
Mercation Admin3 min - Stocks
GameStop Extends Bitcoin Agreement Despite Minimal Impact on Profits
GameStop has renewed its Bitcoin options deal with Coinbase, tying up nearly all of its Bitcoin, which has resulted in minimal earnings despite record profits.
Mercation Admin3 min - Stocks
Direct Stock Trading on Binance Attracts $400 Million in a Week
Binance's direct stock trading service attracted $400 million in its first week, with significant participation from emerging markets and a focus on technology stocks.
Mercation Admin2 min - Stocks
Direct Stock Trading on Binance Attracts $400 Million in One Week
Binance's direct stock trading service attracted $400 million in its first week, with significant participation from emerging markets and a focus on technology stocks.
Mercation Admin2 min - Stocks
SpaceX's Pre-IPO Market on Hyperliquid Sees 27% Decline in Three Weeks
The pre-IPO market for SpaceX on Hyperliquid has dropped 27% over three weeks, although it remains above the set offer price, indicating shifting expectations.
Mercation Admin3 min - Stocks
Lenovo Shares Double in May Driven by AI Server Surge—Best Month in 27 Years
Lenovo's stock soared 109% in May, its best month since 1999, driven by record earnings and a surge in AI-related revenue.
Mercation Admin3 min