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CRWV–CORZ Potential Deal Could Unlock $2.8 Billion Hidden Value For Bitcoin Miner, Says Morgan Stanley
Friday, June 27, 2025 - 9:01am | 1003In a potential game-changer for the cryptocurrency mining sector, Morgan Stanley has forecasted that CoreWeave Inc.‘s (NASDAQ:CRWV) proposed acquisition of Core Scientific Inc. (NASDAQ:CORZ) could boost the Bitcoin (CRYPTO: BTC) miner’s market capitalization by an impressive $2.8...
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Investors Pay The Price As Musk-Trump War Of Words Escalates: Once Allies, Now Foes, Their Linked Stocks, Crypto And Funds Wipe Out $155 Billion In A Single Day
Friday, June 6, 2025 - 5:34am | 1359The ongoing public dispute between the CEO of Tesla Inc. (NASDAQ:TSLA), Elon Musk, and President Donald Trump has caused a stir in the financial markets, wiping nearly $155 billion of investor wealth in a single day. What Happened: The Musk-Trump dynamic took a sharp turn after the former began...
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From Taiwan Dollar To Russian Ruble — Bitcoin Is Now Bigger Than These National Currencies
Friday, May 23, 2025 - 3:48am | 529Bitcoin (CRYPTO: BTC) surpassed the New Taiwan Dollar to become the eighth-largest currency by market capitalization on Thursday. What happened: The apex cryptocurrency came within touching distance of $112,000, as the record-breaking run showed no signs of slowing. Thursday's momentum powered...
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Warren Buffett's Berkshire Hathaway Unfazed By Trump Tariff-Triggered Market Selloff: Shares Up 9.41% YTD, Adding $87.81 Billion In Investor Wealth In 2025
Monday, April 7, 2025 - 8:53am | 1065Warren Buffett‘s Berkshire Hathaway Inc. (NASDAQ:BRK) (NASDAQ:BRK) has outperformed the losses in the S&P 500, while the ‘Oracle of Omaha’ has emerged as the only top 10 billionaire to see a net worth gain on a year-to-date basis in 2025. What Happened: Shares of Berkshire...
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Palantir Market Cap Surges Over $50 Billion In 2025: Won't Be A 'Seller,' Says Analyst As He Foresees PLTR As An AI Play
Tuesday, March 25, 2025 - 3:00am | 885Despite market fluctuations, the shares of Palantir Technologies Inc. (NASDAQ:PLTR) have risen on a year-to-date basis and the company has added about 29.45% in investor wealth in 2025. This analyst remains positive and says that he won’t be a “seller” at these levels. What...
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Nvidia Loses $420 Billion In Market Capitalization Since DeepSeek Launch, Valuation Hits A 29-Month Low As GTC Fails To Ignite Stock
Wednesday, March 19, 2025 - 4:19am | 987A slew of announcements at the GTC AI Conference in San Jose, California failed to ignite the shares of Nvidia Corp. (NASDAQ:NVDA) on Tuesday as it slipped over 3% in trade. The chipmaker led by Jensen Huang has wiped $420 billion in investor wealth since DeepSeek was launched on Jan. 10, 2025 What...
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Michael Saylor Says Bitcoin Could Boost Microsoft's Valuation By Nearly $5 Trillion And Add $584 To The Stock By 2034
Monday, December 2, 2024 - 1:36am | 671MicroStrategy Inc. (NASDAQ:MSTR) Chairman Michael Saylor pitched a strong case for Bitcoin (CRYPTO: BTC) adoption to the Microsoft Corp. (NASDAQ:MSFT) board, projecting a $5 trillion market cap addition in case of a full embrace. What happened: In a 3-minute presentation, Saylor called Bitcoin the...
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Bitcoin Proxy MicroStrategy Added More To Its Market Cap In Last 2 Months Than What Ford Is Worth Currently
Thursday, November 14, 2024 - 12:08am | 504Bitcoin's (CRYPTO: BTC) bullish turn since early September has reflected well on MicroStrategy Inc. (NASDAQ:MSTR), with the proxy firm increasing its valuation by $50 billion in the last two months. What happened: Widely considered a TradFi alternative to holding Bitcoin, shares of MicroStrategy...
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From Mac To Monolith: Apple Surpasses Microsoft As World's Largest Company By Market Cap
Wednesday, June 12, 2024 - 1:39pm | 489The age-old trading adage “buy the rumor, sell the news” did not hold in its most recent test: Apple Inc (NASDAQ:AAPL) shares soared following its annual WWDC event after the company unveiled several new software features. The Cupertino, California-based tech giant has surpassed...
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Billions On The Move: Tracking Market Cap Changes In Top Cannabis Firms After DEA Rescheduling Announcement
Wednesday, May 1, 2024 - 2:25pm | 1359Tuesday's announcement that the DEA is moving towards rescheduling cannabis from Schedule I to Schedule III, has already injected billions into the publicly traded market for cannabis companies. But what does this mean in terms of actual numbers for the industry's biggest...
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How Big Caps Rewrite Valuation Rules In Cannabis: Cash Puzzle For Companies Above And Below $500M
Monday, April 29, 2024 - 1:43pm | 683How do we look at cannabis companies' cash flow? What is their total value and what methods are used to assess their worth? A new report from Viridian Capital Advisors sheds light on how these factors interact to influence the valuations of public cannabis companies by analyzing cash...
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Nvidia Vs. Microsoft: 'Insane' Gains Aim Tech 'Beast' At No. 1 Market Cap Slot
Friday, March 8, 2024 - 11:17am | 761“This is insane,” says one market analyst on X (formerly Twitter). “It’s a beast,” says another on CNBC. It’s becoming difficult to find suitable superlatives to describe the market performance of Nvidia Corporation (NASDAQ:NVDA) The Kobeissi Letter on X on...
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Riot Platforms Analysts Expect Bitcoin Mining Stock To More Than Double
Thursday, September 7, 2023 - 2:50pm | 610Financial services firm Cantor Fitzgerald has highlighted Riot Platforms (NASDAQ: RIOT) as their top pick in the Bitcoin (CRYPTO: BTC) mining sector. The firm's confidence in Riot's potential is evident as it set a price target of $23.00, more than double its current price of $10.98....
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Kraken To Exit Japanese Market For Second Time: Why The World's Third Biggest Exchange Is Leaving
Wednesday, December 28, 2022 - 9:57am | 607Cryptocurrency exchange Kraken on Wednesday announced that it will stop offering trading services through its subsidiary, Payward Asia, in Japan on January 31, 2023, and deregister from the Financial Services Agency of the Asian nation. This marks Kraken's second exit from the...
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Former Binance CFO Predicts Long Crypto Winter Following FTX Failure
Thursday, December 22, 2022 - 12:04pm | 423The crypto winter will go on for a long time and more stringent regulations are expected in the future, following the failure of FTX. That's according to former Binance CFO Zhou Wei, who left the firm last year. "Basically, we have to all brace ourselves for a pretty long winter in the...