Mason Taylor5 min read
Cardano ADA at Risk in SecondFi Hack
SecondFi, the EMURGO-backed successor to Yoroi, disclosed a critical flaw in its Cardano wallet generation software on June 23. Loss estimates range from $2.4M to over $20M as ADA slips…
Personal Finance
Mason Taylor5 min read
Arnold Tucker5 min read
OpenAI Custom AI Chip Arrives
OpenAI has unveiled Jalapeño, its first custom AI chip built with Broadcom. The company claims it beats current state-of-the-art silicon in early testing, a direct shot at Nvidia. Here is…
Louis Fleming5 min read
VLCC Rates Surge to 470000 Dollars a Day
Tanker rates on Persian Gulf routes have gone vertical since the U.S.-Iran MOU, with one VLCC booked at 897% of benchmark costs. Yet USO is falling toward its 52-week low.…
Arnold Tucker6 min read
Cerebras (CSAI) Shares Sink as Margins Trail AI Chip Rivals
Cerebras Systems dropped nearly 18% after its debut earnings report revealed full-year gross margin guidance well below Nvidia and AMD peers. Here is what the numbers actually say about the…
Arnold Tucker6 min read
Wendy's (WEN) Short Interest and Days to Cover Ahead of June 2026
Wendy's stock surged more than 30% on June 21, 2026, as new executive appointments from Potbelly and a retail-driven short squeeze campaign combined to produce the chain's biggest single-session gain…
Tommy Spencer5 min read
Huione Crypto Laundering Network Seized by DOJ
The Justice Department seized a cloud account powering the Huione Group's criminal marketplace infrastructure, prosecutors say. Blockchain analysts call Huione Guarantee the largest illicit marketplace ever, surpassing Silk Road. Here…
Tommy Spencer6 min read
Micron (MU) Earnings Carry New Weight Amid AI Fears
Micron Technology reports fiscal Q3 earnings with analysts expecting 1,165% net income growth, but the stock has fallen after five of its past six quarterly prints and the options market…
Derrick Patel7 min read
Micron (MU) Earnings Under Pressure After AI Memory Selloff
Micron Technology shares fell 2.59% to $1,026.09 as investors braced for quarterly earnings amid a 13% preselloff, sky-high analyst targets, and a DRAM shortage Goldman Sachs calls the worst in…
Arnold Tucker5 min read
Qualcomm Buys Modular for 3.9 Billion
Qualcomm is spending $3.92 billion in stock to acquire Modular, an AI software startup whose hardware-agnostic platform could help the chipmaker challenge Nvidia's stranglehold on data center AI development tooling.
Jamie Foster5 min read
Silver Downside Very Limited Says Top Analyst
Silver has tumbled 6.8% in a single session, with the iShares Silver Trust hitting near its 52-week low and an RSI of 27. Here is what is driving the selloff…
Derrick Patel6 min read
What is driving Brent crude below $74?
Crude oil has shed nearly 40% from its wartime peak as Strait of Hormuz traffic recovers and Iranian supply could return. But the peace deal still has major gaps. Here…
Brandon Garcia5 min read
Who Canceled the Major Housing Legislation Signing?
Trump canceled the signing of the 21st Century ROAD to Housing Act hours before the ceremony, leaving the first major housing bill since the financial crisis in limbo. Home prices…
Katelyn Marshall5 min read
FedEx (FDX) Beats Q4 but Guidance Disappoints
FedEx beat Wall Street on revenue and profit in its fiscal fourth quarter, but the stock is hovering near 52-week lows after 2026 guidance disappointed. Here is what the market…
Jorge Hernandez5 min read
Qualcomm (QCOM) Buying Modular for $4 Billion?
Qualcomm is acquiring AI software startup Modular in a $3.92 billion all-stock deal, pitching itself as a challenger to Nvidia's CUDA dominance. QCOM shares fell nearly 4% on the news…
Derrick Patel5 min read
SK Hynix (000660) Nasdaq ADR Listing Planned for 2026?
Micron Technology shares fell 3.01% to $1,022.50 as rival SK Hynix filed to raise $29.65 billion on Nasdaq, a move that could put two memory giants side by side for…
Jorge Hernandez5 min read
Why Did Trump Block the Housing Bill?
President Trump canceled the signing ceremony for the 21st Century ROAD to Housing Act hours before it was set to happen, leaving rare bipartisan housing legislation in limbo and Republicans…
Brandon Garcia5 min read
Does Bitcoin BTC Crash Pull Strategy Below 100 Dollars
Strategy shares fell below $100 for the first time since March 2024 as Bitcoin slid to a two week low near $62,658. With MSTR down over 38% in a month…
Arnold Tucker5 min read
Postal Service Asks Congress for a Financial Rescue
Postmaster General David Steiner told a Senate committee this week that USPS is borrowing from employee retirement funds to stay solvent, with deferred obligations of nearly $31 billion and a…
Jorge Hernandez5 min read
What Is Driving Global Oil Prices Down?
Crude oil plunged nearly 5% Wednesday to its lowest level since before the Iran war, as U.S. and Iranian negotiators opened formal peace talks in Switzerland and Trump confirmed toll-free…
Brandon Garcia5 min read
Dow Jones Shakeup: What Replaces Verizon (VZ)?
Alphabet's Class A shares join the Dow Jones Industrial Average on June 29, replacing Verizon Communications. With GOOGL trading at $346.13 and an RSI of 37.25, here's what the index…
Tommy Spencer6 min read
Oil Storage May Drive the Next Billion Barrels
The Strait of Hormuz closure left SPR stocks at 1983 lows and Cushing near operational minimums. Now India, Australia, and Saudi Aramco are racing to build reserve capacity — and…
Oliver Jimenez4 min read
FedEx (FDX) Q4 Earnings Reveal Key Metrics
FedEx crushed Q4 estimates with $25 billion in revenue and EPS of $6.31, yet shares are tumbling nearly 10% and testing 52-week lows. Here's what the numbers reveal about the…
Louis Fleming5 min read
Nvidia (NVDA) Banned AI Chips Double in Price in China
Nvidia AI chips are reportedly selling at more than double their list price on China's black market. With NVDA down 3.72% to $200.04 and RSI at 42.42, here's what the…
James Chavez7 min read
AI Model Shut Down by Government
The U.S. government shut down Anthropic's Fable 5 AI model just three days after launch, Fox announced a $22 billion Roku buyout, and a tentative Iran deal rattled oil markets.…