Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday’s opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96. Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday’s opening price. The price of ethereum moved lower this morning…
What happened: Semiconductor stocks edged on Monday before paring gains as the PHLX Semiconductor Index (^SOX) attempted to recover from a 9% slide last week. AI chip heavyweight Nvidia (NVDA) rose more than 2% before trimming gains, while AMD (AMD) jumped 2% on analyst price target calls. Broadcom (AVGO) and Intel (INTC) also gained on…
Hut 8 signed a second 15-year lease worth $9.8 billion on Monday, covering 352 megawatts of IT capacity at its Beacon Point campus in Texas and completing the commercialization of the 1-gigawatt site. The new agreement is with an existing unnamed investment-grade tenant, bringing that customer’s total contracted footprint at the campus to 704 MW…
Fred Alger Management, an investment management company, released its “Alger Mid Cap Focus Fund” second-quarter 2026 investor letter. A copy of the letter can be downloaded here. US equities strongly rebounded in the second quarter, with the S&P 500 Index returning 15.2%. A ceasefire between the United States and Iran and accelerated investment in artificial…
A big quarter for AMC (AMC) showed the movie industry is finally regaining its footing after years of a stilted post-pandemic recovery. The results kick off a stacked week of earnings, with Big Tech companies Alphabet (GOOG, GOOGL) and Tesla (TSLA) highlighting the calendar. The pair, along with US chipmaker Intel (INTC), will offer a…
US stocks rose on Monday morning, with chip stocks advancing ahead of Big Tech earnings this week, while oil prices eased after touching $90 a barrel amid tit-for-tat attacks between the US and Iran over the weekend. The Dow Jones Industrial Average (^DJI) fell 0.2%, while the S&P 500 (^GSPC) added 0.3%. The tech-heavy Nasdaq…
July 20 (Reuters) – Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas. Shares of the company, which have nearly doubled this year, rose about 5% in premarket…
By Diana Novak Jones July 20 (Reuters) – Meta Platforms faces trial in Tennessee on Monday over the state’s claims that Instagram’s design is to blame for a youth mental-health crisis, one of several trials in the coming weeks testing allegations that the company’s social media platforms were intentionally built to be addictive. Tennessee accuses…
By Hannah Lang, Milana Vinn and Manya Saini July 20 (Reuters) – Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the U.S. and PayPal is facing a takeover bid it does not like. What happens next?…
By Caroline Valetkevitch NEW YORK, July 20 (Reuters) – Chipmakers are in focus on Wall Street, with their shares turning mercurial this month and investors banking on a few dozen newly valuable companies to deliver nearly half of S&P 500 profit growth for the second quarter. The PHLX Semiconductor index has surged this year, reflecting…
End of content
End of content