The post A $1,000 investment in June’s top quantum computing IPO is now worth appeared on BitcoinEthereumNews.com.
While Elon Musk’s other trillion-dollar company drew the bulk of attention, SpaceX (NASDAQ: SPCX) was not the only exciting technology stock to hit the public markets in June 2026. Specifically, the quantum computing company Quantinuum (NASDAQ: QNT) launched on June 4 with an initial public offering (IPO) price of $60 per share, which turned into $68 already at the morning bell but then dipped to $60.38 by the evening. At press time in the July 10 pre-market, however, QNT equity is worth substantially more: $74 following a 0.67% extended session rally from $73.51 at the latest close. Under the circumstances, $1,000 invested at either the IPO price or close to the June 4 closing bell would have turned into $1,233.30 for $233.30 in profits, simultaneously making it a superior investment to SpaceX stock. QNT stock price chart. Source: Google Still, despite offering a strong
The post Another Publicly Traded Company Just Cut Bitcoin Holdings by 48% appeared on BitcoinEthereumNews.com.
Empery Digital has sold 1,400 Bitcoin (BTC) since early May, cutting its Bitcoin holdings by roughly 48%. The sale raised about $87.1 million as the Nasdaq-listed firm pivots toward AI infrastructure. The company sold at an average price of $62,200 per token, according to a securities filing. It joins a growing list of treasury firms trimming Bitcoin to fund other priorities. Empery Digital Cuts Bitcoin Holdings to Repay Debt Empery Digital disclosed the sales in a July 10 filing with the Securities and Exchange Commission. The company began selling after May 7. It repaid $10 million of debt on July 7. Empery set aside the rest for a planned property deal and legal costs tied to shareholder litigation. As of July 10, the firm held 1,514 BTC and roughly $73.9 million in cash. It still owes $45 million on its debt facility. Empery Digital BTC Holdings. Source: Bitcoin Treasuries
SpaceX's IPO sets a precedent for increased retail investor access, potentially reshaping future IPO strategies and market participation globally.
The post SpaceX IPO lays groundwork to attract UK retail investors in record-breaking listing appeared first on Crypto Briefing.
The post Wall Street analysts set INTC stock price for 12 months appeared on BitcoinEthereumNews.com.
As Intel Corp. (NASDAQ: INTC) stock signals a potential cycle top, two more Wall Street analysts have assigned a neutral rating. Ruben Roy, a Wall Street analyst at Stifel Nicolaus, assigned a ‘Hold’ rating for INTC stock on July 10 in a note to clients. However, Roy raised his 12-month target price for Intel stock to $120 from $75, signaling a potential 9.94% upside. The analyst noted that the company remains heavily reliant on the commentaries on central processing units (CPUs) and graphics processing units (GPUs). Furthemore, INTC stock is among the AI stocks that benefited from the significant ongoing investors’ AI buildout. “We expect the stock to move more on end-demand comments (ASPs and volumes) tied to server CPUs and to supply-side comments (yields and volumes) on the GPU side of the business,” Roy stated. Meanwhile, Aaron Rakers, an analyst at Wells Fargo & Co. (NYSE: WFC),
The 24/7 trading model could revolutionize global investment strategies, enhancing liquidity and real-time price discovery for US equities.
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The post MSTR Stock Price Soars 5% as Analysts Forecast Profit Growth Ahead of July 30 Earnings appeared on BitcoinEthereumNews.com.
Strategy (NASDAQ: MSTR) stock price is up 5% in pre-market trading today, July 10, to trade at $98 at the time of writing. These gains come as Strategy announces that it will release its earnings for Q2 2026 on July 30, with analysts forecasting that the company could report an increase in profits. Strategy Confirms Q2 Earnings Release Date as Analysts Predict Profit Growth Strategy has announced that its earnings for the period between April and June 2026 will come out on July 30, and the consensus appears to be that the company could post profits. MarketWatch estimates that Strategy could report an earnings per share of $0.78, while NASDAQ forecasts an even higher earnings per share of $52. Strategy Earnings Estimate If Strategy meets or surpasses these expectations, it will be a huge jump from MSTR’s loss of $38.35 per share that the company reported i
The post Peter Schiff: Bitcoin’s Gold Correlation Was Never Real, and Its Nasdaq Link Just Broke appeared on BitcoinEthereumNews.com.
Key Takeaways Peter Schiff said bitcoin’s gold correlation was never real as BTC trades above $64,000. Schiff has cited gold up 9% and the Nasdaq up 13% this year while bitcoin declines against both. Schiff warns of a bitcoin ‘slow death’; bulls counter the drawdown is a bear phase, not a verdict. Schiff Continues With His Anti-Bitcoin Narrative The latest salvo was highlighted on X by numerous analysts, summarizing Schiff’s argument that bitcoin cannot claim to be digital gold if it never traded like gold in the first place. The Euro Pacific Asset Management chief economist has spent months building the case. Image source: X His core exhibit has been performance comparisons, as in an earlier post, Schiff highlighted: “So far in 2026, gold is up 9%, silver is up 11%, the NASDAQ is up 13%, the Russell 2,000 is up 14%, while Bitcoin is down 11%. Congratula
Anthropic introduced a new feature called Reflect, a dashboard allowing Claude users to track and visualize their AI usage patterns, topics discussed, and task types. Beyond analytics, Reflect is designed to encourage mindful AI use, periodically prompting users with reflective questions and offering tools to set quiet hours or scheduled breaks. The feature also provides […]
Economist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” while its historically tight relationship with the Nasdaq has now broken down. Schiff Continues With His Anti-Bitcoin Narrative The latest salvo was highlighted on X by numerous analysts, summarizing Schiff’s argument that bitcoin cannot claim to […]
