Comcast on Monday unveiled plans to break itself into two publicly traded companies, separating its connectivity operations from its media and entertainment assets in the latest attempt by a legacy media company to adapt to the rapidly changing streaming landscape. The tax-free spin-off, expected to be completed in about a year, will create one company
Cardano (ADA) remains under pressure after a sharp sell-off over the past month, but several technical indicators suggest the pace of the decline may be slowing. The Cardano price was trading at $0.1445 at the time of writing, down 1.3% over the previous 24 hours and 10.8% over the last seven days. The token has
Charter Communications shares CHTR surged over 24% in premarket trading on Monday after a Bloomberg report said the cable and broadband giant was in discussions with SpaceX over a potential partnership to offer consumer mobile services. According to the report, executives from SpaceX and Charter have held high-level talks about working together on a mobile
Rocket Lab (NASDAQ: RKLB) stock price has suffered a major reversal in the past few weeks, moving from the year-to-date high of $151 on May 27 to $84. This retreat continued even after the company landed a new NASA contract last week. So, is it safe to buy the dip or sell the rip? Rocket
Shares of advanced battery materials developer Solidion Technology STI swung sharply on Monday after the company announced plans to acquire a stake in SpaceX as a long-term treasury asset. It became the latest listed firm seeking exposure to Elon Musk’s aerospace company through its balance sheet. Solidion’s stock jumped more than 23% at one point,
Wall Street’s main indexes opened higher on Monday as easing tensions in the Middle East lifted investor sentiment after days of hostilities between the United States and Iran. Technology stocks also rebounded following a sharp selloff last week, while Comcast shares soared after the media and cable company announced plans to split into two publicly
Strategy Inc. MSTR shares (previously known as MicroStrategy) rose 2.7% in trading on Monday after the company announced a broad capital management overhaul. The plan aims to strengthen liquidity, support its preferred securities, and maintain long-term exposure to Bitcoin. The announcement follows a period of pressure on the company’s valuation. Strategy’s market capitalisation had fallen
Top software stocks have slumped this year amid the lingering concerns that artificial intelligence tools by companies like OpenAI and Anthropic will hurt their revenue growth in the long term. ServiceNow (NOW) stock is down by 35% this year, while Salesforce (CRM), Workday (WDAY), and Adobe (ADBE) have fallen by over 40%. NOW, CRM, WDAY,
Bitget has launched the UEX Futures League, a trading competition that brings crypto and traditional financial markets into a single competitive format. Spanning two months and two asset classes, the league creates a unified pathway from online qualification to the UEX Global Alpha Tournament (GAT), an invitation-only live championship event. Most trading competitions focus on
The Schwab US Dividend Equity ETF (SCHD) has performed well this year despite trading within a tight range over the past few weeks. Its total return has risen 19% year-to-date, outperforming Invesco’s QQQ, which has returned 15.2%, as well as JPMorgan’s JEPI at 7.0% and Vanguard’s VOO at 7.53%. SCHD ETF inflows have soared this