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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/03/2026 01:26 PM Intel (INTC) Stock Rallies 6% After CEO Reframes TSMC Relationship at Computex
Intel (INTC) stock rose 6% after CEO Lip-Bu Tan's Computex keynote, Xeon 6 Plus launch, and analyst upgrades from Mizuho, Wells Fargo, and Barclays.
The post Intel (INTC) Stock Rallies 6% After CEO Reframes TSMC Relationship at Computex appeared first on Blockonomi.
06/03/2026 01:25 PM Grayscale Launches HYPG Hyperliquid ETF on Nasdaq
TLDR Grayscale launched the HYPG Hyperliquid Staking ETF on Nasdaq with a 0.29% sponsor fee. The HYPG fee undercuts competing products from Bitwise and 21Shares. The ETF provides exchange-traded exposure to Hyperliquid’s native token HYPE. HYPE ranks as the tenth-largest cryptocurrency with a $15.8 billion market cap. The Commodity Futures Trading Commission approved the first [...]
The post Grayscale Launches HYPG Hyperliquid ETF on Nasdaq appeared first on Blockonomi.
06/03/2026 01:19 PM AMD (AMD) Stock: Board Member Offloads $5.4M Stake as Shares Surge — Red Flag or Routine?
AMD director sold $5.4M in shares near 52-week highs. With strong earnings and AI growth, should investors be concerned about this insider transaction?
The post AMD (AMD) Stock: Board Member Offloads $5.4M Stake as Shares Surge — Red Flag or Routine? appeared first on Blockonomi.
06/03/2026 01:12 PM Xos (XOS) Stock Skyrockets 200% on Revolutionary Power Hub Launch
Xos (XOS) stock soared over 200% after introducing the Power Hub, a mobile energy storage system that eliminates grid connection wait times for data centers.
The post Xos (XOS) Stock Skyrockets 200% on Revolutionary Power Hub Launch appeared first on Blockonomi.
06/03/2026 01:05 PM S&P 500 Chases Historic Rally as Crude Surges on U.S.-Iran Conflict
S&P 500 targets longest rally since 1995 as oil surges near $98 on U.S.-Iran strikes. Dow futures dip 0.4% with new tariffs adding pressure.
The post S&P 500 Chases Historic Rally as Crude Surges on U.S.-Iran Conflict appeared first on Blockonomi.
06/03/2026 01:04 PM IREN Limited (IREN) Stock Surges 5.61% on Massive Australian AI Data Center Announcement
IREN (IREN) stock jumped 5.61% pre-market after announcing an 800MW AI data center campus transmission deal in South Australia's Bundey region.
The post IREN Limited (IREN) Stock Surges 5.61% on Massive Australian AI Data Center Announcement appeared first on Blockonomi.
06/03/2026 12:58 PM Why GitLab (GTLB) Stock Tumbled Despite Strong Q1 Earnings Beat
GitLab (GTLB) stock dropped 5% despite beating Q1 earnings and raising guidance. Weak Q2 outlook and 14% workforce reduction weighed on investor sentiment.
The post Why GitLab (GTLB) Stock Tumbled Despite Strong Q1 Earnings Beat appeared first on Blockonomi.
06/03/2026 12:51 PM Palo Alto Networks (PANW) Surpasses Q3 Expectations with 31% Revenue Surge
Palo Alto Networks (PANW) exceeded Q3 estimates with $0.85 EPS and $3B revenue, up 31% YoY. Analysts upgraded targets following strong performance.
The post Palo Alto Networks (PANW) Surpasses Q3 Expectations with 31% Revenue Surge appeared first on Blockonomi.
06/03/2026 12:44 PM Okta (OKTA) Stock Soars 30% on Earnings — AI Identity Boom Fuels Rally
Okta (OKTA) stock surged 30% after beating Q1 estimates with $765M revenue. AI agent identity demand drives growth as UBS sets $130 price target.
The post Okta (OKTA) Stock Soars 30% on Earnings — AI Identity Boom Fuels Rally appeared first on Blockonomi.
06/03/2026 12:43 PM Ulta Beauty (ULTA) Stock Surges on Strong Q1 Earnings Beat and Raised Guidance
Ulta Beauty (ULTA) stock soared 7.5% after hours following a Q1 earnings beat with $7.74 EPS. The retailer raised full-year guidance on strong sales.
The post Ulta Beauty (ULTA) Stock Surges on Strong Q1 Earnings Beat and Raised Guidance appeared first on Blockonomi.
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