News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Stocks
Strategy's STRC Preferred Stock Falls to Record Low
Strategy's STRC preferred stock has dropped to a record low of $89, impacting its ability to finance bitcoin purchases and leading to a halt in share issuance.
Mercation Admin1 min - Stocks
BitGo Stock Rises Following $50 Million Share Repurchase Amid Ongoing Struggles
BitGo's shares rose 20% after a $50 million buyback was announced, despite being 65% below its IPO price.
Mercation Admin1 min - Stocks
SpaceX Makes a Splash with 20% Surge in Nasdaq Launch
SpaceX's shares surged 20% on their Nasdaq debut, reflecting strong investor interest and marking the largest IPO to date.
Mercation Admin1 min - Stocks
GameStop Extends Bitcoin Agreement Despite Minimal Impact on Profits
GameStop has renewed its Bitcoin options contract with Coinbase, despite minimal profit impact amid a significant decline in Bitcoin's value.
Mercation Admin2 min - Stocks
Direct Stock Trading on Binance Attracts $400 Million in One Week
Binance has achieved $400 million in U.S. stock trading within a week of launching its direct trading feature, with most users from emerging markets.
Mercation Admin2 min - Stocks
Direct Stock Trading on Binance Attracts $400 Million in a Week
Binance's new direct trading service for U.S. stocks has attracted $400 million in assets within its first week, largely from emerging markets.
Mercation Admin1 min - Stocks
SpaceX's Pre-IPO Market on Hyperliquid Sees 27% Decline in Three Weeks
SpaceX's SPCX contract on Hyperliquid has dropped 27% in three weeks, while still indicating a premium above its $135 IPO price.
Mercation Admin1 min - Stocks
Lenovo Shares Double in May Driven by AI Server Surge—Best Month in 27 Years
Lenovo's stock jumped 109% in May, driven by record Q4 results and a surge in AI-related sales, marking its best monthly performance in 27 years.
Mercation Admin2 min - Stocks
Current Trends as Investor Focus Shifts from Crypto to AI and Semiconductor Stocks
Investor interest is shifting from cryptocurrencies to AI and semiconductor stocks, as Bitcoin and gold face declining enthusiasm.
Mercation Admin1 min - Stocks
IREN Shares Surge Following $1.6 Billion Dell Agreement to Enhance AI Cloud Services
IREN's stock rose 4% after a $1.6 billion deal with Dell to enhance AI cloud services, projected to boost revenue significantly by 2027.
Mercation Admin1 min - Stocks
SharpLink and Forward Industries to Join Russell Indices
SharpLink Gaming and Forward Industries are joining the Russell 3000 and 2000 indices, marking a significant update in the stock list.
Mercation Admin1 min - Stocks
TeraWulf's Stock Soars 13% Following AI Data Center Announcement in Kentucky
TeraWulf's stock jumped 13% after the company announced plans for a new AI data center in Kentucky, set to boost its HPC capabilities.
Mercation Admin1 min