Stocks

“You’re gonna, at least for a period of time, wish you’d had a million bucks in solana”

Reports swirled yesterday that Musk’s funding round for xAI would value the startup at around $40 billion

Five of the Mag 7 companies are slated to report earnings this week, while 169 companies in the S&P 500 are due to publish quarterly results

Plus, a breakdown of MicroStrategy’s stock split and whether it matters

Plus, a look at Tim Walz’s crypto track record

After spiking into crisis territory on Monday, the VIX was on the decline Tuesday. But volatility is still in the air.

Crypto stocks including bitcoin miners, Coinbase and MicroStrategy were all lower Monday morning

Plus, a breakdown of July’s disappointing jobs report

Friday’s report from the Labor Department coincides with disappointing tech earnings to add additional headwinds

Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election

Plus, a look into Lighting Labs’ newest feature

Meanwhile, stocks rally after Jerome Powell finishes his Capitol Hill tour

Plus, do we have an “Amazon of crypto”?

NVIDIA’s gains alone make up more than a third of the S&P 500’s total returns during the first six months of the year

Thursday’s GDP report shows economic growth is slowing faster than expected, spurring concerns from economists over stagflation

Research analyst Mark Palmer starts coverage of the bitcoin miner and puts its price target 50% higher than its current level

Reddit priced at $34 a share on Wednesday night with a valuation of $6.5 billion

The FT reports that the company could price between $31 and $34 a share

Crypto is fast and it’s only getting faster as bitcoin threatens to retest its own highs set more than two years ago

Investors holding mining stocks and various crypto equity funds saw higher gains than those exposed only to crypto’s two largest assets

The sources of 36% of Coinbase’s second quarter net revenue are “at risk” going forward, Berenberg Capital Markets analyst notes

Four businesses with exposure to the crypto industry experienced some volatility on Thursday, with investors balking at mixed Q2 earnings

Crypto may be less correlated with major stock indexes these days, but that won’t stop markets bracing for earnings impact

Berenberg Capital Markets’ Mark Palmer cuts price target of company’s shares by 30% after SEC allegations