Today: 3 May 2026
Browse Category

NASDAQ:ADEX 3 May 2026

Applied Digital Stock Pulls Back After $7.5 Billion AI Data-Center Deal — What Comes Next

Applied Digital Stock Pulls Back After $7.5 Billion AI Data-Center Deal — What Comes Next

Applied Digital shares fell 2.04% to $33.55 Friday, retreating from gains after its $7.5 billion, 15-year AI data-center lease announced April 23. The deal raised total contracted lease revenue above $23 billion, but investors remain cautious over buildout costs and execution risk. Trading volume reached about 17 million shares.
3 May 2026
····

Stock Market Today

  • Oil Markets Edge Toward Crisis as West Faces Depleting Stocks and Iran Hits Storage Limits
    May 3, 2026, 5:11 PM EDT. Oil inventories among leading consumers are rapidly depleting amid a prolonged blockade of the Strait of Hormuz following U.S.-Israel actions against Iran. Analysts warn OECD countries' stocks could hit 'operational minimums' by late May, triggering sharp price rises. Meanwhile, Iran faces the opposite challenge, as its crude storage nears capacity due to export bottlenecks from the U.S. naval blockade. Tehran is reducing output and deploying old tankers as floating storage to delay 'tank tops' that would force drastic cuts risking oilfield damage. Prices have yet to breach worst-case scenarios, with Brent around $108 and WTI near $102 per barrel. Regional exporters like Saudi Arabia and the UAE are diverting shipments to offset shortages, while major economies coordinate strategic reserve releases. However, continued inventory draws and constrained U.S. production suggest persistent market strain is imminent.

Latest article

X-Energy’s $1 Billion Nuclear IPO Faces Its First Test After Wall Street Pop

X-Energy’s $1 Billion Nuclear IPO Faces Its First Test After Wall Street Pop

3 May 2026
X-Energy shares closed Friday at $30.53, up 33% from the $23 IPO price but down from last week’s high. Kentucky utilities LG&E and KU are studying deployment of X-Energy’s Xe-100 small modular reactor after the state approved new nuclear site-readiness grants. The company has yet to deliver a commercial reactor, with licensing, fuel, and construction still pending.
Bitmine’s $23 Million Ethereum Deal Puts BMNR Stock Back in the Spotlight

Bitmine’s $23 Million Ethereum Deal Puts BMNR Stock Back in the Spotlight

3 May 2026
The Ethereum Foundation sold 10,000 ETH to Bitmine Immersion Technologies for about $22.9 million in a private deal, bringing Bitmine’s holdings to over 5 million ETH, or 4.2% of the total supply. The transaction was completed at an average price of $2,292.15 per ETH. BMNR last closed at $21.88 on Friday. Ether traded near $2,327.
Go toTop