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MicroStrategy Chairman Michael Saylor speaks at the Bitcoin 2024 Conference in Nashville, Tennessee on July 26, 2024.Bloomberg | Bloomberg | Getty Imagesstrategy Bitcoin plunged 8% on Monday after falling below crypto treasury firms’ average purchase price per token. Bitcoin was trading at around $74,500 at its low on Monday, its lowest price since April of last year.That’s just below Strategy’s average purchase price of $76,052 per bitcoin, according to a Feb. 2 regulatory filing, raising concerns that Michael Saylor’s company could be underwater if the digital currency continues to fall. According to the company’s website, it holds approximately $56 billion…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.good morning. America’s favorite groundhog, Punxsutawney Phil, saw his own shadow this morning, meaning there are six more weeks of winter ahead. After the recent series of cold temperatures, I can’t say I’m surprised.Stock futures are falling this morning. The three major indexes have come out of the decline.Here are five important things investors need to know to start their trading day.1. Everything that shinesGold extended its ferocious rally on Thursday as investors sought safety amid geopolitical and economic uncertainty, while silver hit nearly $120.Latikuna |…
ISLAMABAD, Pakistan – During a meeting with U.S. President Donald Trump in the Oval Office in September, Pakistan Army Chief Marshal Asim Munir opened his briefcase with Prime Minister Shehbaz Sharif standing next to him.Inside was a shiny mineral. Their exhibition was part of Pakistan’s latest proposal to the Trump administration. Pakistan was willing to open its minerals to American investment.Recommended stories list of 4 itemsend of listLess than five months later, that promise took a dark turn. Most of Pakistan’s richest mineral deposits are located in Balochistan. The country’s largest and poorest state has long seen a separatist movement…
Cocoa Beach, Florida — Cape Canaveral is no dusty history tour, despite the consecrated status this oceanside resort area holds as the birthplace of American spaceflight. The Space Coast, as it’s often called, is not just where this bold era of science began, with multiple museums to document it. It remains the most active spaceport in the world. Inside the Apollo/Saturn V hangar at Kennedy Space Center, one of the many artifacts I felt excited to be only feet away from was the Lunar Roving Vehicle, or “moon buggy,” driven by astronauts on the Apollo 17 mission of 1972. It’s…
This season has seen a changing of the guard in the Women’s Super League. A symbolic passing of the baton happened on Sunday. Six-time defending champions Chelsea conceded the title to coveted champions Manchester City.However, this was not a happy handover. It was a siege. Manchester City are on course to win the title in 2025/26 and appear ready to defeat anyone who stands in their way. It’s the ruthlessness we once associated with Chelsea themselves. City’s latest win, a 5-1 thrashing at the Etihad, certainly proved that they are a team on their way to the top. Meanwhile, Sonia…
In some cases, you may have a hot product but don’t know it until the market demands it. After launching as a digital business card that also served as a lead generation tool for sales teams, Linq, based in Birmingham, Alabama, pivoted several times before landing on an idea last year. The idea was to help businesses better communicate with their customers by upgrading from SMS (text) to iMessage and RCS. Now, Apple is already making this possible for businesses through its Messages for Business service, and Twilio has built an $18.26 billion business by helping businesses send text messages…
Jamie Carragher says Manchester United midfielder Casemiro is now a “completely different player” as he approaches his farewell to Old Trafford at the end of the season.The veteran Brazil international, who turns 34 later this month, rewinded a few years as Manchester United secured another dramatic win against Fulham on Sunday. Casemiro headed Manchester United’s first goal before setting up Matheus Cunha’s goal with a no-look pass. Use Chrome Browser for a more accessible video player Casemiro produced a magical moment in Manchester United’s 3-2 win over Fulham at Old Trafford with a no-look assist for Matheus Cunha. Casemiro, who…
Major data center oracleThe company’s stock rose 5% in premarket Monday after the company announced plans to raise up to $50 billion to develop additional production capacity for customers.Hyperscalers are racing to build out the infrastructure needed to power AI, with data center deals reaching a record $61 billion in 2025 and several big tech companies spending big in a funding rush.Oracle announced Sunday that it plans to raise between $45 billion and $50 billion in total cash proceeds during the 2026 calendar year to build additional capacity to meet contract demand from cloud customers. Nvidia, metaopen AI, AMDTikTok, xAI.…
Justin Tallis | AFP | Getty ImagesBitcoin Losses widened on Monday as the world’s largest cryptocurrency fell below $80,000 for the first time since April 2025.Bitcoin was trading at $77,494.65 as of 5:43 a.m. ET on Monday, according to CoinMetrics. Bitcoin fell to $74,876, but has since pared some of its losses. The digital coin has fallen about 12% over the past seven days, wiping more than $200 billion in value from the Bitcoin market, according to data from CoinMarketCap. Bitcoin fell below $80,000 over the weekend.Stock chart iconStock chart iconBitcoin price last year. Desislava Ianeva, a research analyst at…
Groundhog weather icon Punxsutawney Phil saw the shadow of a groundhog on Monday morning when he was plucked from his warm burrow and thrust into the frigid air. Phil says that means six more weeks of winter. Every February 2, on Groundhog Day, rodents across the United States take on the challenge of long-range weather forecasting. Phil is the most famous prophet of them all and lives in Punxsutawney, Pennsylvania. Legend has it that if you see his shadow, six more weeks of winter will come. Otherwise, spring will come early. In reality, the astronomical winter will end on March…