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TD Cowen Says Strategy’s Bitcoin-Buying Engine Remains Intact Despite Market Volatility

In brief Strategy’s preferred-share activity jumped, including a sharp pickup in its variable-rate preferred issuances. The company deployed about $704 million from its new euro-denominated preferred IPO to buy roughly 6,890 BTC, per the research note. Its model can keep adding Bitcoin per share because preferred-share funding remains accretive even as the premium tightens, Decrypt…

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Why Dell (DELL) Shares Are Falling Today

Why Dell (DELL) Shares Are Falling Today

Shares of computer hardware and IT solutions company Dell (NYSE:DELL) fell 6.9% in the morning session after Morgan Stanley issued a double downgrade on the stock, cutting its rating from ‘Overweight’ to ‘Underweight’ and slashing its price target. The investment bank lowered its price target to $110 from $144. The downgrade stemmed from concerns over…

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Super Micro (SMCI) Stock Trades Down, Here Is Why

Super Micro (SMCI) Stock Trades Down, Here Is Why

Shares of server solutions provider Super Micro (NASDAQ:SMCI) fell 5.7% in the afternoon session after significant bearish options activity was detected, continuing a period of weakness for the stock. An analysis of unusual trades revealed that 60% of traders showed bearish tendencies. This move followed the company’s recent third-quarter earnings report, which did not meet…

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