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Blockonomi

Cryptocurrency News & Your Guide to the Blockchain Economy


11/11/2026 04:23 PM

Amazon (AMZN) Stock: Unveils Equity-Free Accelerator for Climate Tech Startups

TLDR Amazon shares slipped 1.31% to $267.33 after briefly trading above $274 intraday Amazon opens global applications for its equity-free accelerator in January 2027 Climate tech finalists will pitch their proposals directly to Amazon’s leaders Amazon seeks lower-carbon devices, easier-to-dismantle AWS hardware and materials Finalists could land licensing or supply deals without giving up equity [...]

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11/11/2026 04:10 PM

Amazon (AMZN) Stock: Ring Unveils $250 Security Drone and $1,000 Patrol Robot

TLDR Amazon (AMZN) stock was down $3.75, or 1.38%, on the news Ring’s $250 Drone Cam flies room to room and ships Jan. 27 The $1,000 Rover Cam, built from Astro, ships Dec. 16 Both devices need a $5 monthly or $60 yearly plan Ring says privacy is the default, but a watchdog group warns [...]

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11/11/2026 04:09 PM

Nuburu (BURU) Stock: Surge 16% as Tekne Targets U.S. Army Defense Contracts

TLDR BURU shares jumped 16.66% to $0.2356 as Tekne pursued U.S. Army defense deals. Tekne submitted two white papers for the Army’s electronic warfare competition. Tekne also entered a U.S. Army competition for portable counter-drone systems. Nuburu’s Tekne acquisition added $96.8 million in remaining order and program value. Nuburu is exploring NATO jamming contracts and [...]

The post Nuburu (BURU) Stock: Surge 16% as Tekne Targets U.S. Army Defense Contracts appeared first on Blockonomi.


11/11/2026 04:03 PM

Oil Prices Steady Near $94 as Tanker Attacks in Hormuz Slow a Two-Month Price Slide

TLDR Brent crude rose about 1.4% to $92.74 a barrel on Wednesday, while West Texas Intermediate gained about 1% to near $87. Oil had dipped below $90 on Tuesday for the first time since August. Tanker attacks near the Strait of Hormuz cooled hopes for a quick end to the U.S.-Iran conflict. Physical Brent fell [...]

The post Oil Prices Steady Near $94 as Tanker Attacks in Hormuz Slow a Two-Month Price Slide appeared first on Blockonomi.


11/11/2026 03:52 PM

Canaan (CAN) Stock Falls 19% After Q3 Revenue Drops 90% Despite $8M Profit

TLDR Canaan (CAN) stock fell about 19% after Q3 revenue dropped 90% to $14.5 million. Net income hit $8 million, but only because of crypto and derivatives gains. Operating loss widened to $42.9 million from $23.9 million a year ago. Mining gross margin rose to nearly 30%, and inventory fell to $119 million. A $20 [...]

The post Canaan (CAN) Stock Falls 19% After Q3 Revenue Drops 90% Despite $8M Profit appeared first on Blockonomi.


11/11/2026 03:43 PM

Forward Industries (FWDI) Is Borrowing Against Solana to Buy More Solana

TLDR Forward Industries now holds about 8.7 million SOL, worth roughly $726.5 million The company added 226,396 SOL since Oct. 1 through purchases and staking rewards It secured a two-year, $50 million credit line backed by staked SOL FWDI hit a near three-month low of $5.25 and is down more than 28% this year Forward [...]

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11/11/2026 03:42 PM

Amgen Inc. (AMGN) Stock: Phase 3 Drug Success Sparks Hope for New Sjögren’s Treatment

TLDR Amgen (AMGN) stock falls 0.77% despite promising Phase 3 dazodalibep trial results. Amgen’s Phase 3 trial meets primary endpoints, offering hope for Sjögren’s patients. Dazodalibep significantly reduces systemic disease activity after 48 weeks of use. Amgen’s experimental drug improves dryness symptoms in patients with Sjögren’s. Amgen reports balanced serious adverse events as its Phase [...]

The post Amgen Inc. (AMGN) Stock: Phase 3 Drug Success Sparks Hope for New Sjögren’s Treatment appeared first on Blockonomi.


11/11/2026 03:26 PM

Midnight Upgrade Expands Options for Institutional Custodians

TLDR Midnight introduced institutional signature compatibility through its November 6 Ledger 9 upgrade. Monument Bank previously announced plans to tokenize up to £250 million in retail deposits. Monument’s founder identified custody-related challenges and projected a November 2026 launch. Midnight supports privacy-preserving transactions through zero-knowledge cryptographic technology. Midnight’s roadmap schedules additional tokenization infrastructure and disclosure capabilities [...]

The post Midnight Upgrade Expands Options for Institutional Custodians appeared first on Blockonomi.


11/11/2026 03:23 PM

Nvidia (NVDA) Stock: Gains as Blacklisted Chinese University Buys H200 Chips

TLDR Nvidia shares climb 2.48% as Chinese university purchases restricted H200 chips. Blacklisted Northwestern Polytechnical University buys two H200 chips for $123,000. Reuters records reveal Chinese suppliers provided restricted Nvidia AI hardware. US export rules still restrict H200 chip access for blacklisted institutions. Congress seeks tighter chip controls as Nvidia faces fresh scrutiny in Washington. [...]

The post Nvidia (NVDA) Stock: Gains as Blacklisted Chinese University Buys H200 Chips appeared first on Blockonomi.


11/11/2026 03:10 PM

AMD Stock Climbs 13% After Oppenheimer Upgrade to Outperform

TLDR AMD stock jumped more than 13% on Monday and opened at $515.21 on Wednesday, up 1.3%. Anthropic’s IPO filing shows AMD will buy about $2.5 billion of Class N stock in a $26 billion placement. The purchase falls under a July pledge of up to $5 billion tied to a chip supply deal. Oppenheimer [...]

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