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NASDAQ:WULF 9 October 2025

BULLISH BREAKOUT: Google’s $3B Backstop Rockets TeraWulf (WULF) Stock to Multi-Year High

BULLISH BREAKOUT: Google’s $3B Backstop Rockets TeraWulf (WULF) Stock to Multi-Year High

TeraWulf shares surged to a 3.5-year high near $13.39 after Google increased its stake to 14% and boosted financial support to $3.2B in August. The company is arranging a $3B debt raise for expansion, advised by Morgan Stanley. Q2 revenue rose 34% to $47.6M, but net loss widened to $18.37M. As of June 30, TeraWulf held about $90M in cash and crypto, with $500M in convertible debt.

Stock Market Today

  • SpaceX $75 Billion IPO May Overshadow Europe’s Struggling IPO Market
    May 19, 2026, 8:34 AM EDT. SpaceX's anticipated $75 billion IPO could become the largest in history, potentially overshadowing other global listings. Analysts warn Elon Musk's rocket company may monopolize investor demand, particularly impacting Europe's already sluggish IPO market. Europe's market faces a 'negative cocktail' of macroeconomic headwinds including high bond yields, interest rate hikes, and geopolitical uncertainty. Samuel Kerr of Mergermarket highlighted that SpaceX's massive offering might 'suck all the oxygen' from other deals, causing many scheduled IPOs to postpone. The U.S. IPO market contrasts sharply with Europe, experiencing booming activity while Europe's new listings struggle amid weak performances and market volatility.

Latest articles

Amer Sports Rises Premarket on Salomon Strength

Amer Sports Rises Premarket on Salomon Strength

19 May 2026
Amer Sports raised its 2026 sales, margin, and profit outlook after first-quarter revenue jumped 32% to $1.95 billion, beating forecasts. Shares rose 4.18% in premarket trading to $34.54. Adjusted earnings reached 38 cents a share, above analysts’ estimates. Growth was led by Arc’teryx, Salomon softgoods, and Wilson Tennis 360.
ServiceNow AI move puts pressure on Salesforce

ServiceNow AI move puts pressure on Salesforce

19 May 2026
ServiceNow shares jumped 8.8% to $103.44 Monday after Bank of America resumed coverage with a Buy rating and set a $130 target, citing AI as a growth driver. Salesforce rose 3.4% despite being rated Underperform with a $160 target. ServiceNow reported Q1 subscription revenue up 22% to $3.67 billion. Customers spending over $1 million annually on its AI tools grew more than 130% year over year.
Motor-oil supplies tighten, raising risk of pricier oil changes

Motor-oil supplies tighten, raising risk of pricier oil changes

19 May 2026
Nissan has withdrawn a warning about possible U.S. motor-oil shortages but says supply could change quickly, Hearst Television reported Monday. The Independent Lubricant Manufacturers Association said Middle East disruptions are raising costs and limiting Group III base oil, used in many synthetic oils. Toyota and General Motors have also responded to supply concerns. Some suppliers and analysts report emerging shortages in certain synthetic oils.

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Roblox Shares Jump Almost 10%, Safety Issue Remains Unanswered

Roblox Shares Jump Almost 10%, Safety Issue Remains Unanswered

18 May 2026
Roblox shares rose 9.6% to $46.98 on Monday, bucking declines in the broader tech sector. The jump followed a month-long selloff tied to new child-safety measures, which the company says have reduced user communication and slowed new sign-ups. Roblox cut its 2026 bookings outlook on April 30, but first-quarter revenue and daily active users both rose over 35%. Analysts cited competition from Fortnite and the upcoming Grand Theft Auto VI.
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