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Blockonomi

Cryptocurrency News & Your Guide to the Blockchain Economy


07/06/2026 07:50 PM

Microsoft (MSFT) Stock Drops as Company Announces 4,800 Layoffs Targeting Xbox

Microsoft (MSFT) stock dropped 1.15% to $386 after announcing 4,800 job cuts. Xbox division faces 3,200 layoffs as company restructures gaming strategy.

The post Microsoft (MSFT) Stock Drops as Company Announces 4,800 Layoffs Targeting Xbox appeared first on Blockonomi.


07/06/2026 07:30 PM

SK hynix (000660.KS) Stock Dips as $28B Nasdaq ADR Offering Drives AI Memory Expansion

SK hynix (000660.KS) stock drops 3.38% as the chipmaker launches a $28B Nasdaq ADR offering to expand AI memory capacity and fab infrastructure.

The post SK hynix (000660.KS) Stock Dips as $28B Nasdaq ADR Offering Drives AI Memory Expansion appeared first on Blockonomi.


07/06/2026 07:00 PM

$1,000 Credit Alert! BlockDAG X Exchange Pre-Registration Now Officially Open, Polkadot Dips & Zcash Rebounds

Red candles don’t scare everyone off the market this week. Polkadot sits near $0.83 after a 6.53% weekly slide, still pinned below its major moving averages, while Zcash trades closer to $411.72 following a steadier 3.22% bounce off support. Both charts tell a familiar story of hesitation, sellers still holding one asset down and buyers [...]

The post $1,000 Credit Alert! BlockDAG X Exchange Pre-Registration Now Officially Open, Polkadot Dips & Zcash Rebounds appeared first on Blockonomi.


07/06/2026 06:12 PM

Market Highlights: Broadcom’s Apple Deal, SpaceX Nasdaq Entry, and TeraWulf’s AI Breakthrough

Broadcom extends Apple chip partnership to 2031, semiconductors rally, SpaceX joins Nasdaq-100, TeraWulf secures $19B AI deal, Strategy holds Bitcoin focus.

The post Market Highlights: Broadcom’s Apple Deal, SpaceX Nasdaq Entry, and TeraWulf’s AI Breakthrough appeared first on Blockonomi.


07/06/2026 06:06 PM

Arm Holdings (ARM) Stock Surges 5% Amid Semiconductor Sector Rebound

Arm (ARM) stock rose 5% Monday to $330.97 as AI chip names rebounded. Earnings due July 29. Analyst price targets range up to $475 amid valuation debate.

The post Arm Holdings (ARM) Stock Surges 5% Amid Semiconductor Sector Rebound appeared first on Blockonomi.


07/06/2026 06:05 PM

Palo Alto Networks (PANW) Stock Surges to New Peak as AI Security Concerns Drive Growth

Palo Alto Networks (PANW) stock reaches all-time high of $358.31, up 94% YTD, as AI cybersecurity threats and analyst upgrades fuel impressive rally.

The post Palo Alto Networks (PANW) Stock Surges to New Peak as AI Security Concerns Drive Growth appeared first on Blockonomi.


07/06/2026 06:04 PM

GE Vernova (GEV) Stock Soars to Record High as Cramer Doubles Down on Position

GE Vernova (GEV) stock reached an all-time high of $1,182.31, up 121% in one year. Jim Cramer maintains it's his favorite power stock ahead of earnings.

The post GE Vernova (GEV) Stock Soars to Record High as Cramer Doubles Down on Position appeared first on Blockonomi.


07/06/2026 06:00 PM

OpenAI Built a $300 Billion Valuation on ChatGPT’s Usage – Stargate LLM Is Sharing That Upside With Users

In 2025, OpenAI raised funding at a $300 billion valuation. That number didn’t come from a single product launch or a breakthrough sitting in a lab somewhere. It came from usage, hundreds of millions of people opening ChatGPT every day, asking it questions, writing code with it, drafting emails through it, editing documents, building entire [...]

The post OpenAI Built a $300 Billion Valuation on ChatGPT’s Usage – Stargate LLM Is Sharing That Upside With Users appeared first on Blockonomi.


07/06/2026 05:55 PM

Moderna (MRNA) Stock Surges 169% Despite Wall Street Skepticism

Moderna (MRNA) climbed to $81.42, up 169% annually. Analysts set average target at $37 while insiders sold $6.1M worth of shares in three months.

The post Moderna (MRNA) Stock Surges 169% Despite Wall Street Skepticism appeared first on Blockonomi.


07/06/2026 05:42 PM

Rivian (RIVN) Stock Surges 6% Following Impressive Q2 Delivery Performance

Rivian (RIVN) stock climbs 6% after surpassing Q2 delivery guidance. Full-year outlook increased to 65,000-70,000 vehicles. Baird maintains $23 target.

The post Rivian (RIVN) Stock Surges 6% Following Impressive Q2 Delivery Performance appeared first on Blockonomi.



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