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Blockonomi

Cryptocurrency News & Your Guide to the Blockchain Economy


10/08/2026 09:20 PM

Tilray Brands (TLRY) Stock: Drops as Q1 Net Loss Hits $40M and Revenue Jumps 23%

TLDR Tilray Brands (TLRY) stock drops 3.36% to $3.59 despite strong quarterly revenue. Tilray’s Q1 revenue jumps 23% to $257.1M, while net losses reach $40 million. Beverage revenue surges 82% to $101.5M, supported by the BrewDog acquisition. Cannabis revenue declines to $56.1M, despite improved margins reaching 39%. Tilray maintains its fiscal 2027 EBITDA outlook of [...]

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10/08/2026 08:46 PM

Amazon.com, Inc. (AMZN) Stock: Hits Rare Valuation Lows

TLDR Amazon stock drops 1.99% as its trailing P/E ratio falls to multiyear lows. Amazon trades near 20 times earnings, far below its five-year average of 60. FTC lawsuit alleges Amazon overcharged advertisers by more than $20 billion. Amazon plans $220 billion in 2026 capital spending to expand AI operations. Analysts forecast negative free cash [...]

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10/08/2026 08:10 PM

SoFi Technologies (SOFI) Stock: Falls Despite Mastercard Deal in Mexico

TLDR SoFi Technologies stock drops 1.44% to $15.44 despite its new Mastercard deal. SoFi joins Mastercard and Orbi to introduce crypto-linked payment cards in Mexico. The partnership enables crypto spending with instant conversion into fiat money. Stablecoins account for 40% of Bitso’s regional crypto purchases during 2025. SoFi Tech Solutions supports 135 million accounts and [...]

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10/08/2026 07:49 PM

Workday Inc (WDAY) Stock: Faces AI and Leadership Challenges

TLDR Jefferies maintains its Hold rating on Workday stock with a $210 price target. Workday cuts its 2028 growth forecast as subscription revenue loses momentum. Workday’s $600 million AI revenue highlights its growing software ambitions. SAP and Oracle widen competitive pressure as Workday struggles with growth. Three senior leadership departures raise concerns ahead of Workday [...]

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10/08/2026 07:37 PM

US Government Shifts $1B in Bitcoin Without Confirmed Sale

TLDR US Government wallets transferred 12,267 Bitcoin worth approximately $1.01 billion to unidentified addresses. Arkham data showed no confirmed exchange deposit or sale linked to Thursday’s Bitcoin transfer. Galaxy Research tracked another $770 million in Bitcoin transfers to Coinbase Prime over two days. Government-linked cryptocurrency movements approached $1.87 billion, including transfers involving seized Bitcoin and [...]

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10/08/2026 07:33 PM

AMD (AMD) Stock: Drops Despite Record Revenue and Surging AI Data Center Demand

TLDR AMD stock falls 3.92% to $620.52 despite reporting record quarterly revenue growth. AMD’s data center revenue surges 107% annually to $6.7 billion on strong AI demand. Global AI spending could reach $2.59 trillion in 2026, according to Gartner forecasts. Microsoft reports $90 billion in quarterly revenue as Azure cloud growth hits 43%. Broadcom’s AI [...]

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10/08/2026 07:25 PM

Dogecoin ETF Closure Reveals Divide Among Investors

TLDR Bitwise will close its Dogecoin ETF after weak demand, with final trading scheduled for October 14. CEO Hunter Horsley says ETF investors have different preferences from people trading through cryptocurrency applications. The Dogecoin ETF held approximately $725,870 in assets on October 7 despite launching in November 2025. Bitwise’s Solana staking fund reached approximately $1.3 [...]

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10/08/2026 07:23 PM

Bitcoin Price Holds Near $81K as Miner Selling Pressure Eases

TLDR: Bitcoin price fell toward $80,897 after rejection at $86,500, placing the large $81,000 buy-order cluster under its first major test. CryptoQuant reported no extreme miner outflows since August 21, when BTC reached $76,000 and miners moved into a fairly paid regime. Network hashrate recovered from 899 EH/s to 962 EH/s, while daily miner revenue [...]

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10/08/2026 07:14 PM

Haemonetics (HAE) Stock Breaks Higher With November Test Looming

TLDR Haemonetics stock surged nearly 16% after CSL Plasma announced plans to expand equipment use across U.S. centers. CSL expects to complete the rollout across more than 300 U.S. plasma collection centers by December 2027. BTIG raised its Haemonetics price target to $130, following Citi’s earlier upgrade to Buy. Haemonetics reported $339.38 million in quarterly [...]

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10/08/2026 07:11 PM

Uber (UBER) Stock: Rises as London Robotaxi Launch Plans Advance

TLDR Uber (UBER) stock gains 0.39% to $68.72 as London robotaxi testing plans advance Uber and Pony.ai plan to test Gen-7 autonomous vehicles in London within weeks Uber targets autonomous ride-hailing services across 15 global cities by late 2026 Pony.ai and Uber plan to deploy 2,000 robotaxis across European markets Uber expands its driverless vehicle [...]

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