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Category Business

MongoDB’s stock shot past Wall Street’s Q3 estimates, gaining over 25% since its earnings report

MongoDB’s stock shot past Wall Street’s Q3 estimates, gaining over 25% since its earnings report

Database software maker MongoDB’s stock shot past Wall Street’s Q3 estimates, gaining over 25% since yesterday’s announcement of its earnings and r...
American Bitcoin collapses more than 50% in minutes as crypto sell-off deepens

American Bitcoin collapses more than 50% in minutes as crypto sell-off deepens

American Bitcoin’s ABTC stock on Tuesday lost over half its market value in just 30 minutes on Tuesday. The crash triggered multiple trading halts ...
Kraken acquires Backed Finance to expand tokenized stocks and ETFs

Kraken acquires Backed Finance to expand tokenized stocks and ETFs

Kraken has taken over Backed Finance, a Swiss platform that turns real-world assets into tradable crypto tokens, according to Bloomberg. This acqui...
Samsung launches Galaxy Z TriFold amid rising competition from China

Samsung launches Galaxy Z TriFold amid rising competition from China

Samsung entered the tri‑fold phone market on Monday with the launch of its first multi‑folding smartphone, the Galaxy Z TriFold.
Michael Burry said Tesla is "ridiculously overvalued" at 209× forward earnings and criticized its 3.6% annual stock dilution

Michael Burry said Tesla is "ridiculously overvalued" at 209× forward earnings and criticized its 3.6% annual stock dilution

Michael Burry says Tesla is way too expensive, and has been for a long time. In a post shared Sunday on his new Substack, Burry called the company’...