Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. The company also raised its full-year profit outlook, while keeping its fiscal 2027 revenue target unchanged. However, Oracle shares fell 5% in extended trading after the company detailed new financing plans for AI infrastructure. Oracle beats earnings and revenue estimates Oracle reported adjusted
Onchain records show yet another Casascius physical bitcoin has been redeemed, this time from an address originally created on Nov. 1, 2011. The plot thickens, however, because the spend traces back to another dormant wallet tied to the sprawling New York Supreme Court case Noah Doe v. John Does 1–39,069, adding one more chapter to
Bitcoin remained under pressure near $61,750 as analysts warned that the upcoming SpaceX IPO could divert capital away from the crypto market at a time when ETF outflows and weak sentiment are already weighing on the market. According to market data, Bitcoin ($BTC) price has fallen about 14% over the past week, while the total
Bitcoin reclaimed the $62,000 threshold on Wednesday, recovering from an intraday drop to $60,679 and driving the overall crypto market valuation to $2.21 trillion. Key Takeaways: Bitcoin reclaimed $62,000 on Wednesday, shrugging off a brief dip below $61,000 after an overnight U.S.-Iran fire. The BLS reported May headline CPI hit 4.2%, dampening investor appetite for
Many investors expected Bitcoin to skyrocket after breaking through previous all-time highs, but prominent investor Kevin O’Leary argues that the market is still waiting for the true catalyst. In his view, the next significant phase of growth for digital assets will be sparked by the weight of legislative action. The institutional “waiting game” O’Leary has
CNBC Mad Money host Jim Cramer has dismissed both Bitcoin and gold as “bad money” that is currently being liquidated in favor of high-growth tech stocks like Nvidia and Apple. This comes after the superstar stockpicker recently accused Strategy co-founder Michael Saylor of “murdering Bitcoin” following the company’s sale of 32 BTC. Volatile options In
Cathie Wood has maintained sizable positions in crypto-linked stocks through her flagship ARKK fund even as roughly $3 trillion has been wiped from the S&P 500 since its June 2 peak, according to data cited by The Kobeissi Letter. According to the latest portfolio disclosure from Ark Invest, the firm’s flagship Ark Innovation ETF (ARKK)
When Morgan Stanley created a firmwide Head of Digital Asset Strategy role in January 2026, it handed the job to Amy Oldenburg — a 26-year veteran of the bank who spent much of her career in emerging markets, trading foreign exchange and equities in places where formal banking infrastructure was either unreliable or absent. That
Strategy Inc. CEO Phong Le somewhat pushed back Tuesday against the wave of criticism that followed the company’s first Bitcoin sale since 2022, telling CNBC’s Power Lunch that the move was a deliberate, limited exercise designed to signal operational flexibility — not a philosophical reversal. “We wanted to inoculate the market and we wanted to