Daily Newsroom
Follow market-moving stories, policy signals, and company developments curated by the editorial desk.
Lead story
The cryptocurrency EOS experienced a significant price increase on Sunday, rising over 10% for its largest single-day percentage gain since December 2025. The rally occurred amid modest gains in the broader cryptocurrency market.
The price of Bitcoin climbed above $64,000 on Monday, with positive remarks from President Donald Trump helping to counter downward pressure from recent sales by major corporate holder MicroStrategy.
Despite a 54% drop from its peak, analysts at Bernstein view the current Bitcoin bear market as a sign of maturity, noting the correction is significantly shallower than the 75-90% drawdowns of previous cycles.
The price of Bitcoin fell on Wednesday as investors reacted to an escalation in tensions between the United States and Iran. The decline reflects broader caution in financial markets amid geopolitical uncertainty.
Strategy disclosed a significant $8.32 billion loss on its digital assets for the second quarter of 2026 in a recent regulatory filing. The company also sold a portion of its bitcoin holdings to fund preferred stock distributions and replenish its cash reserves.
The price of Bitcoin fell on Tuesday, dropping to around $63,300 as investors reacted to heightened geopolitical risk following U.S. military strikes against Iran and a concurrent downturn in technology stocks. The broader cryptocurrency market followed the downward trend.
Bank of America analysts suggest the S&P 500 has a "corrective" bias for the third quarter, citing a debate between bullish and bearish technical indicators. The bank's note highlights potential downside risks despite some signs of improving market breadth.
Major U.S. technology companies are establishing a significant corporate presence at the Calgary Stampede, an event traditionally focused on the energy sector. This move signals growing interest in Alberta as the Canadian province actively seeks to attract large-scale data center development.
Shares in French media conglomerate Vivendi SE dropped more than 10% after a Paris court ruled that shareholder Bolloré SE does not have control over the company, removing the immediate prospect of a mandatory takeover bid.
