The post SK Hynix Crosses $1 Trillion Valuation After 240% Rally in 2025 appeared on BitcoinEthereumNews.com.
Key Takeaways SK Hynix achieved a $1 trillion valuation this week, marking only the second time a South Korean firm has reached this historic benchmark. Shares have skyrocketed 240% year-to-date, with gains exceeding 80% in May alone. First-quarter revenue surged nearly three times to 52.6 trillion won ($34.8bn), while operating profit jumped fivefold. The chipmaker commands 57% of the high-bandwidth memory (HBM) sector and secured roughly 70% of Nvidia’s Vera Rubin HBM supply contracts. American investors currently lack direct access, but the Roundhill Memory ETF (DRAM) — trading near $60 — allocates 27% to SK Hynix as its second-biggest holding. SK Hynix entered an elite tier of global corporations this week, surpassing the $1 trillion market capitalization mark amid unprecedented AI-fueled appetite for advanced memory solutions. SK hynix Inc. (000660.KS) The South Korean sem
The post Strategy STRC Pays Farmer’s Father 11.5% Yield, Critics Call It a Bitcoin Bait and Switch appeared on BitcoinEthereumNews.com.
Key Takeaways A farmer’s son shared how his dad earns an 11.5% annualized yield through Strategy’s STRC preferred stock tied to 843,738 BTC. Critics like Glenn Cameron warn STRC trades Bitcoin sovereignty for counterparty risk to a sub-investment grade company. Strategy holds a June 8 vote on more frequent dividends, while a 411 BTC Coinbase Prime transfer sparked brief sell fears. Dad Earns 11.5% on Strategy STRC Shares The post spread quickly across crypto social media this weekend. The son described calling his father after the man noticed the new shares in his brokerage account. His father’s reaction was simple and direct. “I’ve never been paid this kind of money just for someone else to hold my money,” the father said. “I mean, someone is always holding it, the bank, the man in the moon, the cow next door, whatever. But nothing like 11 or 12%!” Th
A farmer’s son posted online that his father received 0.96% more Strategy STRC shares in a single day, and X posts like it, even the skeptical ones, have ignited a debate that cuts to the core of what bitcoin is meant to be. Dad Earns 11.5% on Strategy STRC Shares The post spread quickly across […]
The post Hewlett Packard Enterprise (HPE) Stock Surges 80% Ahead of Tuesday’s Q2 Earnings appeared on BitcoinEthereumNews.com.
Key Takeaways Shares of HPE surged 12.64% to $43.04 on Friday, capping an impressive ~80% gain year-to-date before Tuesday’s fiscal Q2 2026 earnings release Analysts project Q2 earnings per share of $0.54 versus $0.38 in the prior-year period, with management guiding revenue between $9.6B and $10.0B Last quarter saw Networking revenue explode 152% (aided by Juniper Networks acquisition), now contributing over 50% of total operating profit The company began Q2 carrying a record $5.0 billion backlog in AI Systems; supply chain bottlenecks pose key execution challenges While the consensus rating is Moderate Buy, the mean analyst price target of $33 suggests potential downside of ~23% from current levels Hewlett Packard Enterprise (HPE) enters its fiscal second quarter 2026 earnings announcement riding significant momentum. Shares closed at $43.04 Friday following
As the CFTC and Gemini work together to seek a court's reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”
The people deciding that AI can replace your job are also the ones least likely to understand what your job truly involves, according to Box founder Aaron Levie, who pointed to this as an example of “AI psychosis.” Indeed, ClickUp recently cut 22% of its workforce for AI agents, tech layoffs in 2026 are already nearly matching all of 2025, […]
The post Canada annualized Gross Domestic Product contracts 0.1% in Q1 appeared on BitcoinEthereumNews.com.
Canada’s Gross Domestic Product (GDP) was unchanged on a quarterly basis in the first quarter of 2026 following the 0.2% contraction recorded in the last quarter of 2025, Statistics Canada reported on Friday. In this period, the annualized GDP declined by 0.1%, falling short of the market expectation for a growth of 1.5%. On a monthly basis, the GDP contracted by 0.1% in March. Market reaction USD/CAD edged higher with the immediate reaction to disappointing GDP data and was last seen rising 0.25% on the day at 1.3820. GDP FAQs A country’s Gross Domestic Product (GDP) measures the rate of growth of its economy over a given period of time, usually a quarter. The most reliable figures are those that compare GDP to the previous quarter e.g Q2 of 2023 vs Q1 of 2023, or to the same period in the previous year, e.g Q2 of 2023 vs Q2 of 2022. Annualized quarterly GDP figures extrapolate
Sui (SUI) trades between $1.06 and $1.24 in late May 2026, recovering from a winter that took it 79% below its January 2025 high of $5.35. Two specific events on May 9 and 10 drove an 18% jump. A Nasdaq-listed…
