Opendoor stock fell 5% following the Fed’s indication that interest rates may stay high, creating challenges for the online real estate platform.
Author: Oli Dale
Micron stock rises modestly after record Q2 results. Company plans $25B+ capex for AI memory expansion as DRAM and NAND prices surge on data center demand.
Evernorth submits S-4 filing for $1B+ SPAC merger with Armada Acquisition Corp. II, aiming for Nasdaq listing with 473M XRP treasury and major institutional backing.
Nebius (NBIS) stock rises 4.4% on $4B convertible note offering, fueling AI cloud expansion backed by Meta deal and Nvidia investment amid execution concerns.
Senate Banking Committee schedules April markup for Clarity Act. Lawmakers warn crypto bill must pass by May or face years-long delay amid bipartisan hurdles.
A whale purchased 24.5M ZRO tokens worth $47.5M via Coinbase Prime. LayerZero CEO denies insider connections as price tests critical support levels.
Bitcoin drops below $71K as crypto markets shed $100B. Peter Brandt identifies both bullish and bearish patterns while Fed holds rates steady.
California court dismisses Coinbase user’s IRS challenge over procedural error. New Form 1099-DA crypto reporting requirements take effect for 2025 tax year.
Palantir stock drops 1.5% despite Navy ShipOS success reducing submarine planning to minutes. High valuation and competition weigh on PLTR shares.
Algorand Foundation reduces workforce by 25% amid market challenges. ALGO drops 6% to $0.09 despite quarterly transaction growth of 4.7% and rising RWA adoption.