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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
09/08/2026 07:02 PM Lumentum Holdings (LITE) Stock Nears $1,000 After Analyst Boost
TLDR LITE stock surged 11.14% on September 8, extending its recent strong upward move. Deutsche Bank started coverage with a Buy rating and a $1,200 price target. Evercore ISI launched coverage with an Outperform rating and a $1,100 target. Management pointed to stronger orders and potential earnings of about $40 per share in fiscal 2028. [...]
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09/08/2026 07:02 PM Bitmine (BMNR) Stock: 5.93M ETH Treasury Strengthens Bullish Outlook
TLDR Bitmine expands its Ethereum treasury to 5.93 million ETH as holdings surge. BMNR stock trades at $24.99 while Bitmine expands its vast crypto treasury. Bitmine stakes 5.07 million ETH as annual staking revenue projections rise. Total Bitmine holdings reach $15.7 billion across crypto, cash and investments. BMNR gains support from Ethereum exposure and expanding [...]
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09/08/2026 06:53 PM ARM Stock Near Key Levels Before November Earnings
TLDR ARM stock remains more than 100% higher YTD despite falling about 40% from its 2026 peak. The stock is trading within a broad $234.80 to $252.10 range. Arm posted fiscal Q1 2027 EPS of $0.45, beating the $0.36 estimate. Raymond James raised its ARM price target to $272, while HSBC maintained a Hold rating. [...]
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09/08/2026 06:42 PM Marvell Stock Falls Despite Surging Data Center Sales
TLDR MRVL stock has fallen more than 31% from its year-to-date high. Second-quarter revenue rose 37% to $2.73 billion. Data center revenue jumped 46% to a record $2.17 billion. Management expects third-quarter revenue of about $3.15 billion. Marvell secured a $12.2 billion custom chip deal with Google. Marvell Technology (MRVL) stock has fallen more than [...]
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09/08/2026 06:33 PM Why Is Lam Research Corp (LRCX) Stock Suddenly Gaining Momentum?
TLDR LRCX stock gained 3.79%, beating the Technology Equipment sector’s 0.86% rise. AI, high-bandwidth memory and advanced DRAM spending supported semiconductor equipment demand. Higher earnings estimates strengthened expectations around Lam Research’s business outlook. Upcoming management presentations could offer new details on customer spending trends. MACD and RSI remain neutral, while Williams %R currently signals buying [...]
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09/08/2026 06:18 PM Why Circle Is Spending $400M on Tazapay
TLDR Circle agreed to acquire Tazapay for $400 million in stock. Tazapay processes more than $25 billion in annualized payment volume. Around 60% of Tazapay transactions already involve stablecoins. Tazapay connects customers to over 60 banking and fintech partners. The company supports payments across more than 100 markets. Circle has agreed to acquire Singapore-based payments [...]
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09/08/2026 05:29 PM Micron (MU) Stock: Rises as AI Demand Boosts Growth Outlook
TLDR Micron stock rises as strong AI memory demand supports its growth outlook MU rebounds toward $1,030 as stronger memory demand drives market momentum Micron gains as data center demand boosts high-bandwidth memory sales outlook Impax highlights Micron as memory demand strengthens across data center markets Micron advances as rising memory demand supports stronger quarterly [...]
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09/08/2026 05:22 PM HSBC Elevates S&P 500 Forecast to 8,100 Amid Robust Earnings Surge
HSBC upgrades S&P 500 target to 8,100 from 7,650, driven by 40% earnings growth and AI spending. Major banks see index reaching 8,000+ by year-end.
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09/08/2026 05:16 PM eXoZymes (EXOZ) Stock: Curia Deal Moves NCT Toward Commercial Production
TLDR EXOZ falls 4.86% to $6.50 after eXoZymes signs its Curia manufacturing deal. Curia will scale NCT work across facilities in León, Spain, and Rozzano, Italy. The Q4 2026 program will map a route toward larger-scale NCT production in 2027. Technology transfer covers enzyme fermentation, cell-free reaction and purification. eXoZymes aims to use Curia’s manufacturing [...]
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09/08/2026 05:15 PM Can Apeing Be the Next Big Crypto? $0.0001 Entry Puts 100x Crypto Potential in Focus as HYPE Slips and HBAR Hits 593K Transactions
Crypto charts have a funny habit: the moment everyone agrees a coin is “done,” the candles suddenly remember how to run. From explosive altcoin rallies to fresh network activity, the latest market action is putting the next big crypto conversation back on center stage. Hyperliquid has remained a major altcoin name even after Zcash briefly [...]
The post Can Apeing Be the Next Big Crypto? $0.0001 Entry Puts 100x Crypto Potential in Focus as HYPE Slips and HBAR Hits 593K Transactions appeared first on Blockonomi.
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