- What Sandisk's play on surging memory prices means for our tech stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
- Trump says government gave 'final' bailout proposal for Spirit Airlines as liquidation looms
Talks with bondholders for a government bailout this week have not yet yielded a deal.
- Atlassian stock soars 29% after earnings show strong cloud, data center growth
Atlassian's stock has been hit hard in the "SaaS-pocalypse" sweeping software names as AI threatens to disrupt their business models.
- Fed dissenters explain 'no' votes, saying they disagreed with hinting next move would be a cut
Federal Reserve officials who voted this week against the post-meeting statement said they didn't think it was appropriate to signal that the next interest rate move would be lower.
- Trump tells Congress hostilities in Iran 'have terminated' as War Powers deadline hits
Trump said there "is tremendous discord" among Iran's leaders, which has complicated efforts to end the war that the United States began in late February.
- Trump says he's raising EU auto tariffs to 25% without clarifying how
The Supreme Court struck down Trump's "reciprocal" tariffs earlier this year, and Europe warned that its trade deal with Washington could be in jeopardy.
- DeFi can freeze stolen funds, but not everyone agrees it should
Crypto faces backlash for freezing stolen funds and for doing nothing, with expectations pulling in opposite directions.
- Bitcoin ETFs draw $2B in April for highest monthly inflows this year
US spot Bitcoin ETFs posted strong April inflows as Bitcoin rallied, with IBIT leading gains despite late-month outflows across funds.
- Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high
Bitcoin finished April above $76,000 to preserve most of its monthly gains, but the S&P 500 stole the limelight with a trip back to record highs.
- Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant
Futures drove up Bitcoin's price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines.
- Bitcoiners launch 'The Bitcoin Evidence Base' to stamp out FUD
The Bitcoin FUD-stopping tool cites over 22 peer-reviewed research papers to address common misconceptions about Bitcoin.
- DeFi protocol Carrot becomes first casualty of $285M Drift exploit
Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.
- Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies
Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs limit the strength of each breakout.
- Spot Bitcoin ETF outflows top $490M: Is BTC’s rally losing momentum?
Spot Bitcoin ETF outflows reached $490 million as crypto investors considered the impact of high oil prices, Big Tech earnings and a shortfall in AI industry growth metrics.