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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
10/06/2026 03:29 PM Treasury Yields Hit 24-Year Peak as Market Valuation Falls to 19x Earnings
S&P 500 trades at 19x forward earnings, below historical norms, as profits surge 29.5%. But 10-year yields at 5.34% pose new risks for equities.
The post Treasury Yields Hit 24-Year Peak as Market Valuation Falls to 19x Earnings appeared first on Blockonomi.
10/06/2026 03:22 PM Constellation Energy (CEG) Secures Fourth Major Tech Partnership with Alphabet’s 20-Year Power Contract
Constellation Energy (CEG) surged 9% pre-market after Alphabet signed a 20-year nuclear deal for 890 MW to power AI data centers across multiple states.
The post Constellation Energy (CEG) Secures Fourth Major Tech Partnership with Alphabet’s 20-Year Power Contract appeared first on Blockonomi.
10/06/2026 03:09 PM Lamb Weston (LW) Reports 75-Cent EPS, Raises Full-Year 2027 Forecast on North America Strength
Lamb Weston (LW) stock gained 3% after fiscal Q1 earnings topped estimates at 75 cents per share. The company raised its fiscal 2027 guidance.
The post Lamb Weston (LW) Reports 75-Cent EPS, Raises Full-Year 2027 Forecast on North America Strength appeared first on Blockonomi.
10/06/2026 03:02 PM Tech Rally Powers Markets Higher Despite Treasury Yields Hitting 24-Year Peak
Nasdaq hit its 23rd 2026 record as Nvidia neared $6T valuation. Treasury yields reached 24-year highs while oil fell below $100 per barrel.
The post Tech Rally Powers Markets Higher Despite Treasury Yields Hitting 24-Year Peak appeared first on Blockonomi.
10/06/2026 02:55 PM Quantum Computing Firm Pasqal (PSQL) Earns $15 Target With 140% Upside Potential
Pasqal (PSQL) receives Buy rating from StoneX with $15 target, suggesting 140% upside. Analysts cite commercial revenue and neutral-atom advantage.
The post Quantum Computing Firm Pasqal (PSQL) Earns $15 Target With 140% Upside Potential appeared first on Blockonomi.
10/06/2026 02:54 PM Can Nvidia (NVDA) Reach $6 Trillion Valuation After Monday’s Record Close?
Nvidia stock hit a record $238.90 close, nearing $6 trillion market cap. BNP Paribas raised its price target to $345 amid AI server demand growth.
The post Can Nvidia (NVDA) Reach $6 Trillion Valuation After Monday’s Record Close? appeared first on Blockonomi.
10/06/2026 02:53 PM BitGo Holdings (BTGO) Stock: Rebounds as HashKey Partnership Expands Institutional Crypto Reach
TLDR BTGO rises 0.27% pre-market as BitGo expands its HashKey Cloud partnership. BitGo and HashKey Cloud deepen ties across staking, trading, custody, and RWAs. HashKey Cloud will support Ethereum and Solana staking for eligible BitGo clients. BitGo will provide custody services to HashKey Capital and related investment funds. The partnership expands BitGo’s institutional crypto reach [...]
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10/06/2026 02:47 PM TSMC Partnership Talks Fuel Tesla (TSLA) and SpaceX Stock Rally Ahead of Earnings
Tesla (TSLA) stock rises 8% over three days while SpaceX jumps 17% on TSMC chip plant talks. Q3 deliveries beat estimates ahead of October 21 earnings.
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10/06/2026 02:24 PM Nvidia (NVDA) Market Cap Approaches $6 Trillion as Tech Stocks Power Tuesday’s Rally
Nvidia nears $6T market cap as Nasdaq notches another record. Dow futures jump 317 points while oil falls below $100 and Treasury yields hold at 24-year highs.
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10/06/2026 02:17 PM SpaceX (SPCX) Valuation Drops from 1,000x to 106x Earnings Since June IPO
SpaceX (SPCX) stock rallied 16% after Morgan Stanley's $300 price target. Analysts cite falling P/E ratio and Starship progress as key catalysts ahead.
The post SpaceX (SPCX) Valuation Drops from 1,000x to 106x Earnings Since June IPO appeared first on Blockonomi.
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