Stock Market & Financial News
Metaplanet Bleeds 87%, But Triples Bitcoin Stack in 'Gift' Valuation
The market continues to punish Metaplanet's stock, which has careened by 87% over the trailing 12 months.
Too big to fail: Strategy's $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens
Strategy's paper loss exceeds the market caps of hundreds of tokens, highlighting the extreme concentration of risk in the crypto market right now.
Wise unveils $500m share buyback after strong results
Wise PLC (LSE:WISE, FRA:6WS) reported a sharp rise in profit and customer activity in the 2026 financial year and unveiled plans for a new share buyback worth at least $500 million. The money transfer and payments company said income before tax rose to $660.4 million, giving it a margin of 26%, ahead of its medium-term target range.
WPLCF Bitcoin and ETH face $11b expiry as crypto selloff deepens
Bitcoin faces $11b options expiry as BTC and ETH trade below max pain, with traders watching $60,000 support and downside hedging this week.
Gomining Mines First Live Stratum V2 Bitcoin Block, Shifting Control to Miners
Digital mining firm Gomining said it mined the first live Bitcoin block using the Stratum V2 protocol via the DMND mining pool. A Milestone for Miner Autonomy Digital mining firm Gomining revealed Thursday, June 25, that it successfully mined the first known live Bitcoin block utilizing the Stratum V2 protocol.
Bitcoin (BTC) Plunges Below $60K: Inflation Data Sparks Sharp Selloff
Bitcoin slipped beneath the $60,000 threshold on Thursday following the release of the Federal Reserve's preferred inflation measure, which reached its most elevated level since 2023. This decline followed a turbulent period that witnessed BTC shedding 9% of its value across just three trading sessions, reaching depths not visited since September 2024.
Italy regulator probes Microsoft over 'Microsoft 365' price hike
Italy's antitrust authority said on Friday it had opened an investigation into Microsoft over alleged unfair commercial practices linked to the price hike of its "Microsoft 365" subscription.
MSFT 
Zephyr Energy doubles Paradox Basin footprint with 27,000-acre deal
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF, FRA:VD5N), the oil and gas company, has acquired an additional 27,000 acres in the Paradox Basin in Utah, roughly doubling the land surrounding its flagship project there. The new acreage takes the company's total operated position in the basin to around 70,000 gross acres, with the majority held at a 100% working interest.
ZPHRF 
Wealthy Crypto Investors Favor Bitcoin, Ethereum, XRP as Altcoins Signal Oversold
Large, high-net-worth crypto investors are continuing to concentrate their holdings in ‘blue-chip' assets such as Bitcoin (BTC), Ethereum (ETH), and XRP (XRP), even as pockets of the altcoin market flash extreme ‘oversold' signals on technical indicators. As of Thursday ET, Bitcoin (BTC) accounted for the largest share of top holdings among affluent investors at 82%, followed by Ethereum (ETH) at 79% and XRP (XRP) at 69%.
South Korean Stocks Tumble, Triggering Second Trading Halt This Week
South Korean shares slumped more than 8%, as jitters over the valuations of companies riding the artificial-intelligence boom rattled the world's best-performing market this year.
EWY 
Bango appoints new non-executive director and audit chair
Bango PLC (AIM:BGO, OTCQX:BGOPF), the AIM-listed subscription technology company, has appointed Duncan Magrath as a non-executive director and chair of its audit committee with immediate effect. Magrath is currently chief financial officer of Alfa Financial Software, the FTSE 250 listed lending and leasing software group, a role he has held since 2020.
BGOPF 
SharpLink buys the ETH dip after 8-month pause
SharpLink bought 5,000 ETH after eight months as Ether hit a 2026 low, lifting holdings to 876,285 ETH before Russell index entry.
Pound to Australian Dollar Price News, Forecast: GBP Holds High Despite Strong Jobs Data
The Pound to Australian Dollar (GBP/AUD) exchange rate held close to a ten-week high on Thursday as a cautious market mood continued to weigh on the risk-sensitive Australian Dollar. At the time of writing, GBP/AUD was trading at AU$1.9109, just shy of Wednesday's ten-week high.
NZD/USD Price Forecast: New Zealand Dollar holds losses near 0.5650 amid bearish bias
NZD/USD Price Forecast: New Zealand Dollar holds losses near 0.5650 amid bearish bias
Tom Lee's BitMine stakes 86% of ETH pile before Russell entry
BitMine staked 160,480 more ETH as BMNR prepares for Russell 1000 entry, lifting staked holdings to 4.88m ETH, Lookonchain says.
NIO: Delivery Run Is Getting Hard To Ignore
NIO remains a volatile stock, trading between $3.38 and $8.02 over the past year. Despite a recent 12% decline in NIO's stock, I maintain a Buy rating due to improving fundamentals. NIO posted a 124% year-over-year revenue surge last quarter, reinforcing the turnaround narrative.
NIO 
Kioxia shares slump 12% as AI-related stocks fall
Shares of Japanese chipmaker Kioxia slid 12% on Friday after a report that ChatGPT maker OpenAI was considering delaying its initial public offering sparked a selloff in AI-related shares.
KXIAY 
Ether, XRP and dogecoin lead a broad crypto selloff as tech stocks tumble
Bitcoin slipped near $58,000 before recovering, and CF Benchmarks says the $50,000 to $60,000 zone is where buyers have always stepped in.
Spark Seeds $150M Into Uniswap v4 to Build Shared FX Layer for Stablecoins
On Thursday, Spark and Uniswap revealed the launch of a Stablecoin FX Layer, a shared liquidity infrastructure built on Uniswap v4 designed to enable low-slippage swaps between dollar-pegged stablecoins for institutions, banks, fintechs, and payment providers.
Morningstar's Fair Value for SpaceX (SPCX) Stock Is $62. The Stock Trades at $157.
SpaceX stock's valuation is firmly in nosebleed territory. The company may prosper over the long term.
SPCX 
Gold (XAUUSD) & Silver Price Forecast: Gold Retests $4,010 as Silver Breaks $56.50 Amid Ceasefire — Bearish Turn?
As the ceasefire remains intact beyond nine weeks amid Iran-Israel tensions, gold found support at $4,011 with neutral structure while silver fell to $56.47. Strong central bank demand and silver's industrial shortages keep the longer-term outlook constructive.
Natural Gas and Oil Forecast: Truce Stability vs Supply Surge — Will Oil Collapse or NatGas Lead?
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI slides to $70.45 after triangle violation, Brent defends $74.12 support, and Natural Gas trades at $3.286.
BNO 
Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink
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Synchrony Financial Fixed-Rate Preferred: Attractive Yield At A Discount, Uncertain Rate Outlook
Synchrony Financial fixed-rate preferred offers a ~7.54% yield, trading at a discount due to higher market rates. SYF.PR.A enjoys strong dividend coverage (~40x quarterly, ~43x annual), strong capital ratios, and qualified dividend treatment for enhanced after-tax yield. Interest rate trajectory remains the primary risk; upside is capped at par, but discount mitigates call risk and allows for rate-reversal participation.
SYF 
BlackRock's Bitcoin ETF sheds $265M in single outflow event
The significant outflow from BlackRock's Bitcoin ETF highlights broader market volatility and investor caution, impacting Bitcoin's price dynamics. BlackRock's Bitcoin ETF sheds $265M in single outflow event.
Philippines Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
MTY Food Group: Arbitrage? Cash Cow? I'll Take Both
MTY Food Group (MTY:CA) remains deeply undervalued, with a strategic review potentially unlocking significant hidden value through a full or partial sale. Rumored bids from Serruya Private Equity and Recipe Unlimited suggest potential takeout prices of $52–$60 per share, offering up to ~65% upside. Even absent M&A, MTY delivers robust FCF (~$170M FY25E), a healthy dividend, and trades at a compelling ~9% FCF yield.
CA 
USA Rare Earth: Rare Earth Powerhouse In The Making
USA Rare Earth, Inc. is positioned as a future rare earth industry leader with a developing mine-to-magnet supply chain. The company now plans to control 2 rare earth mines by the end of the decade. The business is forecast to throw off $1.8+ billion in adjusted EBITDA by FY29 when expansion plans are fully operational, while the Serra Verde mine adds $600 million in 2028.
USAR 
Ethereum Options Show Rising Downside Hedges While XRP Flows Turn Modestly Bullish
Options positioning across major altcoins diverged on Thursday, with Ethereum (ETH) showing signs of heavier near-term downside hedging while Solana (SOL) remained broadly balanced and XRP (XRP) tilted modestly bullish in flow terms. The split underscores how traders are differentiating risk across large-cap tokens as spot prices slide into key technical levels and expiries concentrate around widely watched strikes.
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
