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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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Stock market today: Live updates

Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures are little changed on Monday night after tech losses dragged the broader market lower as investors await Nvidia‘s earnings report and delayed jobs data this week. Futures tied to the Dow Jones Industrial Average rose 52 points, or 0.1%. S&P futures…

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