Today: 8 May 2026
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NASDAQ:BTCM 11 October 2025 - 8 February 2026

Bitmine Immersion Technologies stock jumps 18% into weekend as crypto steadies — what to watch Monday

Bitmine Immersion Technologies stock jumps 18% into weekend as crypto steadies — what to watch Monday

Bitmine Immersion Technologies shares jumped 17.6% to $20.47 Friday, rebounding after four days of losses. Bitcoin and ether both surged over 10%, but demand for downside protection in crypto options remained high. Bitmine’s stock tracked crypto moves closely, reflecting its large ether and bitcoin holdings. About 74 million Bitmine shares traded in a session that saw the stock swing between $18.70 and $20.70.
8 February 2026
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Ethereum’s Uptober Rollercoaster: Near-Record Highs, Flash Crash, and the $5K Question

Ethereum’s Uptober Rollercoaster: Near-Record Highs, Flash Crash, and the $5K Question

Ethereum plunged nearly 16% on Oct. 10, briefly dropping below $3,700 after former President Trump announced a 100% tariff on Chinese goods, triggering a crypto market sell-off. Over $600 million in crypto futures were liquidated that day, including $235 million in ETH longs. Despite the volatility, spot Ethereum ETFs saw $1.5 billion in net inflows in early October. BitMine Immersion disclosed it holds 2.83 million ETH.
11 October 2025
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Stock Market Today

  • ASX 200 dips amid geopolitical tensions as ceasefire deadline nears
    May 8, 2026, 8:43 AM EDT. The ASX 200 traded 13 points lower at 8939 by 3pm AEST, marking its ninth straight session within a narrow 100-point range between 8900 and 9000. The modest decline followed overnight losses on Wall Street, pressured by renewed US-Iran tensions. Traders balanced these risks against hopes for extending the current two-week ceasefire that expires on April 22 Washington time, April 23 AEST, a key event likely to impact opening trade Thursday. Market rotation into previously lagging sectors is emerging in early Q2. President Trump's scheduled CNBC address tonight will be closely watched for updates on the ceasefire and diplomatic progress, with implications for Middle East stability and global market sentiment.

Latest article

Cloudflare AI Layoffs Hit 1,100 Jobs After Q1 Earnings Beat; Stock Slides

Cloudflare AI Layoffs Hit 1,100 Jobs After Q1 Earnings Beat; Stock Slides

8 May 2026
Cloudflare will cut over 1,100 jobs, or about 20% of staff, as it shifts operations toward AI, incurring up to $150 million in related charges. Shares fell 19% after its second-quarter revenue forecast missed estimates, despite a 34% rise in first-quarter revenue to $639.8 million. Departing staff will receive base pay through 2026 and extended benefits. AI use inside Cloudflare has surged more than 600% in three months.
Fidelity Layoffs 2026: 800 Jobs Cut As Boston Firm Rebuilds Tech Teams And Hires Thousands

Fidelity Layoffs 2026: 800 Jobs Cut As Boston Firm Rebuilds Tech Teams And Hires Thousands

8 May 2026
Fidelity Investments will cut about 800 jobs, or 1% of its global workforce, as it restructures technology and product-delivery teams. The company plans to hire around 5,300 workers this year, including 2,000 early-career employees. The shift comes days after Fidelity ordered thousands of staff in Boston and other offices to return to the office five days a week starting in September.
CoreWeave Stock Drops as $99 Billion AI Backlog Runs Into Bigger Spending Bill

CoreWeave Stock Drops as $99 Billion AI Backlog Runs Into Bigger Spending Bill

8 May 2026
CoreWeave shares dropped about 7% in pre-market trading after the company forecast second-quarter revenue below analyst expectations and raised its 2026 spending outlook. First-quarter revenue more than doubled to $2.078 billion, but net loss widened to $740 million. The company reported a revenue backlog of $99.4 billion as of March 31. CoreWeave recently announced major deals with Meta, Jane Street, and Anthropic.
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