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Blockonomi

Cryptocurrency News & Your Guide to the Blockchain Economy


08/06/2026 04:14 PM

Semiconductor Stocks Stage Dramatic Reversal as Markets Close Mixed on Thursday

Chip stocks reversed early losses to push Nasdaq up 0.5% Thursday. AMD fell 7% after earnings while Nvidia gained on SpaceX news. Jobs data showed stability.

The post Semiconductor Stocks Stage Dramatic Reversal as Markets Close Mixed on Thursday appeared first on Blockonomi.


08/06/2026 04:13 PM

Zillow (Z) Stock Plummets 13% on Unexpected Loss and Disappointing Forecast

Zillow (Z) stock plunged 12.7% after posting an unexpected Q2 loss, issuing weak Q3 guidance, and receiving a Bernstein downgrade to $38 price target.

The post Zillow (Z) Stock Plummets 13% on Unexpected Loss and Disappointing Forecast appeared first on Blockonomi.


08/06/2026 04:08 PM

Blockchain.com Receives Full VASP Licensing Approval from Cayman Islands Regulator

Blockchain.com has received full VASP licensing from Cayman's CIMA, enabling regulated crypto custody, staking, and exchange services after conditional approval.

The post Blockchain.com Receives Full VASP Licensing Approval from Cayman Islands Regulator appeared first on Blockonomi.


08/06/2026 04:06 PM

Elon Musk’s SpaceX and Tesla (TSLA) Announce Massive $16.8B Texas Chip Manufacturing Facility

SpaceX and Tesla announce $16.8B Terafab chip plant in Grimes County, Texas. The joint venture will create 3,000 jobs and address computing demand.

The post Elon Musk’s SpaceX and Tesla (TSLA) Announce Massive $16.8B Texas Chip Manufacturing Facility appeared first on Blockonomi.


08/06/2026 03:59 PM

Gold Surges to Seven-Week Peak Amid Iran Deal Hopes and Fed Rate Uncertainty

Gold hits seven-week high at $4,270 as Strait of Hormuz deal optimism lowers oil prices, easing Fed rate hike pressure and boosting precious metal demand.

The post Gold Surges to Seven-Week Peak Amid Iran Deal Hopes and Fed Rate Uncertainty appeared first on Blockonomi.


08/06/2026 03:50 PM

Zoomex Enhances Its Strategy Center With Advanced Strategy Trading Tools

Zoomex, a global cryptocurrency derivatives exchange operating under the philosophy of “simplicity × ease of use × speed,” continues to build out its Strategy Center, a unified trading hub that consolidates strategy backtesting, live strategy execution, contract grid trading automation, and copy trading functionality into a single workspace. Since its rollout, the feature has become [...]

The post Zoomex Enhances Its Strategy Center With Advanced Strategy Trading Tools appeared first on Blockonomi.


08/06/2026 03:50 PM

Coinbase (COIN) Stock Dips as Platform Launches US Equity Trading in UK Market

Coinbase (COIN) stock falls 0.86% as platform launches access to nearly 4,000 US stocks for UK users with zero commissions and fractional trading.

The post Coinbase (COIN) Stock Dips as Platform Launches US Equity Trading in UK Market appeared first on Blockonomi.


08/06/2026 03:40 PM

SK Hynix (SKHY) Stock Plunges 6% Amid Memory Chip Sector Turbulence

SK Hynix (SKHY) stock dropped 6.3% following weak SanDisk guidance and Solidigm's $7B pre-IPO fundraising plans. Memory chip sector faces pressure.

The post SK Hynix (SKHY) Stock Plunges 6% Amid Memory Chip Sector Turbulence appeared first on Blockonomi.


08/06/2026 03:39 PM

Unity Software (U) Stock Surges 17% Following Record-Breaking Q2 Performance

Unity (U) stock soars 17% after crushing Q2 earnings with $546M revenue. Vector AI hits $1B run rate early, profitability timeline moves forward.

The post Unity Software (U) Stock Surges 17% Following Record-Breaking Q2 Performance appeared first on Blockonomi.


08/06/2026 03:33 PM

Micron (MU) Stock Pullback Meets a Tim Cook Catalyst

TLDR Apple CEO Tim Cook expects memory costs to rise further in the current quarter. Higher memory prices point to tight supply across the global chip market. Micron stock has fallen about 26% from its late-June record high. The pullback followed a sharp rally rather than weaker memory demand. Micron’s DRAM, NAND, and HBM products [...]

The post Micron (MU) Stock Pullback Meets a Tim Cook Catalyst appeared first on Blockonomi.



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