Strategy slides after bitcoin briefly dips below crypto firm’s key breakeven level

Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024. Bloomberg | Bloomberg | Getty Images Strategy plunged roughly 7% on Monday after bitcoin dipped below the cryptocurrency treasury company’s average purchase price per token.   Bitcoin traded at about $74,500 at its bottom on Monday – its…

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Software stocks enter bear market on AI disruption fear with ServiceNow plunging 11% Thursday

ServiceNow Inc. signage during the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks on Thursday slid deeper into an ongoing intense sell-off this year as investors recoiled from the sector on growing fears that artificial intelligence could upend many firms’ business…

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How we navigated the wild week on Wall Street

It was a tumultuous week for investors. President Donald Trump ‘s threat to increase tariffs on eight European countries for opposing his bid to take over Greenland sent the stock market into a tailspin on Tuesday, with the S & P 500 and Nasdaq posting their worst days since October. Both averages rebounded the next…

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