Stock Market & Financial News
Bitcoin Price Barrels Toward $81K as Shorts Lose $415M
Bitcoin reclaimed $81,000 on Thursday, driving its market capitalization back above $1.62 trillion for the first time in September and recording a nearly 5% 24-hour gain. Bitcoin Price Reclaims $81,000 as Geopolitical Tensions Ease, Dips Back After Intraday High Bitcoin's price trend rebounded Thursday, reclaiming $80,000 as hostilities paused between the United States and Iran.
Wall Street sets IREN stock price for the next 12 months
As IREN Ltd. (NASDAQ: IREN) stock surged by more than 14% over the past two days, driven by strong institutional demand for its Artificial Intelligence (AI) cloud infrastructure, Gautam Chhugani, an analyst at Bernstein, expects it to rally towards a new all-time high (ATH) over the next 12 months.
IREN +2.73% Ermenegildo Zegna N.V. (ZGN) Q2 2026 Earnings Call Transcript
Ermenegildo Zegna N.V. (ZGN) Q2 2026 Earnings Call Transcript
ZGN -0.79% Cardano Price Eyes $0.25 as RealFi Launch Boosts ADA
Cardano price held firmly above the $0.20 level after climbing 7% in 24 hours, reaching about $0.207 as the broader cryptocurrency market recovered. The rebound came as Bitcoin moved above $77,900, Ethereum reached $2,400 and XRP gained roughly 4%, improving sentiment across major digital assets.
CEO Who Just Sold His Data Center Firm to SoftBank for $4 Billion Is Warning of a Late 1990s Moment
Marc Ganzi has spent three decades building digital infrastructure into an institutional asset class.
SOBKY -0.66% 
Bitcoin Accelerates Above $79,500 as Bulls Regain Control
Bitcoin has now surpassed 78,900 dollars after Wednesday's drop. BTC trades around 78,800 dollars, with a rise of more than 2% during the day.
Scaramucci Says Bessent's Global Debt Warning Makes Bitcoin's Case
Anthony Scaramucci has turned U.S. Treasury Secretary Scott Bessents warning about soaring global debt into a fresh argument for Bitcoin, saying the remarks effectively highlighted one of the cryptocurrencys core investment narratives. Bessent stood in front of the G20 and said the world is awash in debt.
SpaceX Rises 7% as Starship Test 14 Approaches, Tesla Jumps 7%, Rocket Lab Ticks Up
SpaceX (NASDAQ:SPCX | SPCX Price Prediction) shares are leading a tight rally into Thursday afternoon as investors position ahead of Starship test 14. SpaceX stock is up 7% to $150.84.
TSLA +4.65% 
Bitcoin (BTC) Rally Driven by Short Covering, Not Fresh Leverage: QCP
Bitcoin's recent uptick faces questions as liquidity remains narrow, the Fed stays hawkish, and fresh leverage has yet to emerge.
HUTCHMED Lands GSK Deal Worth Up to $1.3B for KRAS-EGFR Cancer Therapy
HUTCHMED NASDAQ: HCM said it has entered a co-development and licensing agreement with GSK for ex-China rights to HMPL-A830, a preclinical KRAS-EGFR antibody-targeted therapy conjugate, or ATTC. The transaction has a total potential value of approximately $1.3 billion, including a $110 million upfront payment, according to Acting Chief Executive Officer and Chief Financial Officer Johnny Cheng.
HCM -2.54% 
Over $140M in shorts wiped out after BTC, ETH, XRP deliver Epic breakout
Bitcoin surged from a 10-day low of $76,200 to above $80,000 within hours, reversing recent weakness and triggering a violent squeeze against bearish traders. Ether approached $2,500, BNB climbed above $720 and XRP rose 9% daily, helping turn Bitcoin's rebound into a broader cryptocurrency breakout across markets.
Toro Q3 Earnings Call Highlights
Toro NYSE: TTC reported third-quarter fiscal 2026 net sales growth of 8.4% to $1.23 billion, supported by demand across its professional and residential businesses, and raised its full-year adjusted earnings outlook.
TORO +4.06% 
Cricut (CRCT) Upgraded to Strong Buy: What Does It Mean for the Stock?
Cricut (CRCT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
CRCT +0.08% 
What Makes Hyperliquid Strategies Inc (PURR) a Strong Momentum Stock: Buy Now?
Does Hyperliquid Strategies Inc (PURR) have what it takes to be a top stock pick for momentum investors? Let's find out.
PURR -1.16% 
All You Need to Know About Kosmos Energy (KOS) Rating Upgrade to Buy
Kosmos Energy (KOS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
KOS -2.71% 
Here's Why National Energy Services Reunited (NESR) is a Great Momentum Stock to Buy
Does National Energy Services Reunited (NESR) have what it takes to be a top stock pick for momentum investors? Let's find out.
NESR -1.06% 
What Makes Enovis (ENOV) a New Buy Stock
Enovis (ENOV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ENOV -1.55% 
Investar (ISTR) Upgraded to Buy: Here's What You Should Know
Investar (ISTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
ISTR +1.55% 
Netlist (NLST) Upgraded to Buy: Here's Why
Netlist (NLST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
NLST -0.35% 
Kirby (KEX) Upgraded to Buy: Here's Why
Kirby (KEX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
KEX +3.3% 
What Makes Netskope (NTSK) a New Buy Stock
Netskope (NTSK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
NTSK -0.56% 
All You Need to Know About Pony AI Inc. - Sponsored ADR (PONY) Rating Upgrade to Buy
Pony AI Inc. - Sponsored ADR (PONY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
PONY -2.72% 
All You Need to Know About Creative Media & Community Trust (CMCT) Rating Upgrade to Buy
Creative Media & Community Trust (CMCT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
CMCT +4.97% 
Allient (ALNT) Upgraded to Strong Buy: What Does It Mean for the Stock?
Allient (ALNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
ALNT +2.03% 
Nvidia Is Paying $14 Billion for a Company That Gives Its Best Work Away for Free
Nvidia is reportedly spending billions to acquire a platform that built its reputation by giving everything away for free, and the biggest threat this deal is meant to neutralize comes from Nvidia's own best customers.
NVDA +1.34% 
CRDO Stock at $165: Buy, Sell, or Hold?
Credo just dropped 20% on an earnings beat, and that contradiction is exactly where the argument starts. Whether today's flush is a gift or a warning depends on a few risks most investors are overlooking.
CRDO +4.03% 
Qualcomm backs Ultrahuman in $70M round on bet to turn smart rings into computers
Ultrahuman, an Indian startup best known for making smart rings, has raised $70 million in a new funding round that includes backing from Qualcomm's venture arm, as it looks beyond sleep and health tracking to build a ring that can run software on the device and eventually power everything from AI interactions to games.
QCOM +1.53% 
Amber International Holding Limited (AMBR) Q2 2026 Earnings Call Transcript
Amber International Holding Limited (AMBR) Q2 2026 Earnings Call Transcript
AMBR -4.23% 
Genesco Inc. (GCO) Q2 2027 Earnings Call Transcript
Genesco Inc. (GCO) Q2 2027 Earnings Call Transcript
GCO -0.03% 
Anthony Pompliano Backs Bitcoin and AI for Long-Term Investing
Venture capitalist Anthony Pompliano believes Bitcoin (BTC) and artificial intelligence (AI) could form the strongest investment combination for the next two decades as investors prepare for mounting U.S. fiscal risks. Pomplianos strategy centers on the United States growing debt burden, which surpassed $40 trillion by September 2026, while annual debt-servicing costs exceeded $1 trillion.
