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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/28/2026 01:06 PM Stock Market Thursday: Snowflake (SNOW) Soars 35% as Semiconductor Stocks Retreat
Snowflake soared 35% on stellar earnings, chip stocks retreated amid geopolitical concerns, and Bitcoin dropped to a six-week low of $72,643 Thursday.
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05/28/2026 12:59 PM Synopsys (SNPS) Beats Q2 Estimates But Shares Decline: What’s Next for Investors?
Synopsys (SNPS) topped Q2 earnings estimates and lifted full-year guidance, but shares fell 2.6% premarket. Elliott gains board seat amid Ansys integration.
The post Synopsys (SNPS) Beats Q2 Estimates But Shares Decline: What’s Next for Investors? appeared first on Blockonomi.
05/28/2026 12:52 PM HP Inc. (HPQ) Stock Falls Despite Strong Q2 Earnings Beat — What Happened?
HP Inc. (HPQ) stock falls despite beating Q2 earnings with $0.86 EPS and $14.4B revenue. Full-year guidance narrows to $2.90–$3.10 per share.
The post HP Inc. (HPQ) Stock Falls Despite Strong Q2 Earnings Beat — What Happened? appeared first on Blockonomi.
05/28/2026 12:45 PM XPeng (XPEV) Stock Climbs 4% Despite Wider Q1 Loss and Revenue Decline
XPeng (XPEV) stock rose 3.8% despite Q1 revenue falling 18% to $1.9B and net loss widening to $263M, as improved margins and Q2 guidance lifted sentiment.
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05/28/2026 12:38 PM Rocket Lab (RKLB) Stock Soars as Defense Contracts Surpass $1.3 Billion Milestone
Rocket Lab (RKLB) stock trades near highs after winning $816M SDA missile defense contract, bringing total defense awards past $1.3B. Up 399% in 12 months.
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05/28/2026 12:31 PM Zscaler (ZS) Stock Plunges 23% Following Disappointing Q4 Revenue Forecast
Zscaler (ZS) stock crashed 23% despite beating Q3 estimates. Weak Q4 guidance, slower customer growth, and analyst downgrades drove the decline.
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05/28/2026 11:59 AM Bit Digital (BTBT) Stock Dips as $100M WhiteFiber Financing Challenges Ethereum Strategy
Bit Digital (BTBT) stock dropped pre-market after unveiling a $100M WhiteFiber loan facility that leverages its Ethereum treasury for AI infrastructure growth.
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05/28/2026 11:46 AM Samsung Invests $408M in Dunamu as South Korea’s Crypto Market Heats Up
Samsung invests $408M in Dunamu, Upbit's parent company, joining major Korean financial institutions in a strategic crypto expansion wave.
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05/28/2026 11:21 AM Kenya’s Treasury Secretary Dismisses New Crypto Tax Claims in Finance Bill 2026
TLDR: Kenya’s Treasury CS Mbadi says Finance Bill 2026 targets compliance, not new crypto taxes, on May 25. The bill requires Virtual Asset Service Providers to submit annual activity reports directly to the KRA. KPMG warns that web3 platforms face higher operational costs under the new reporting obligations. Kenya’s new framework allows authorities to share [...]
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05/28/2026 11:01 AM Vitalik Buterin Links DeepSeek V4 Local AI Advances to Ethereum Privacy Infrastructure
TLDR: DeepSeek V4’s 2-bit quantized version runs within 90 GB of VRAM, making local AI more accessible on consumer hardware. Apple hardware delivers 35 tokens per second on DeepSeek V4, while AMD trails significantly at only 7 tokens per second. Buterin says ZK-based infrastructure supports both paid remote LLM calls and private Ethereum RPC reads [...]
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