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MSTR Plunges 8% As Peter Schiff Says Saylor’s STRC Bitcoin Engine Is In A ‘Death Spiral’

by Parshwa Turakhiya | Jun 2, 2026 | General

Strategy Inc.’s (NASDAQ:MSTR) preferred stock (NASDAQ:STRC) dropped below $98 on Tuesday as Peter Schiff declared the death spiral he predicted has officially begun. Cash Reserve Drained From 21 Months To 6.1 Months Strategy’s USD reserve, designed to cover preferred...

HPE Stock Rips After $6.3 Billion AI Backlog Smashes Its Own Targets

by Erica Kollmann | Jun 2, 2026 | General

Hewlett Packard Enterprise (NYSE:HPE) is having the kind of earnings day that rewrites analyst models in real time.  Shares surged 25% intraday, tagging a new 52-week high of $64.25 before pulling back. That’s the company’s biggest single-day move in history.   HPE...

Why Elizabeth Warren And Bernie Sanders Want Crypto Out Of 401K Plans

by Parshwa Turakhiya | Jun 2, 2026 | General

Senators Bernie Sanders (D-VT) and Elizabeth Warren (D-Mass.) sent a letter Sunday pushing the Department of Labor to kill a proposed rule that would open 401(k) retirement plans to cryptocurrencies and other alternative assets. Rule Would Strip Long-Held Investor...

Gilead Advances Liver Disease Ambitions With Encouraging Study Outcome

by Vandana Singh | Jun 2, 2026 | General

Gilead Sciences, Inc. (NASDAQ) on Tuesday released results from the Phase 3 IDEAL study in people with primary biliary cholangitis (PBC). The study showed that treatment with Livdelzi (seladelpar) resulted in significantly more patients achieving normalization of...

Broadcom Q2 Preview: Stock ‘May As Well Be’ Member Of Magnificent Seven, Market Expert Sees Path To $500

by Chris Katje | Jun 2, 2026 | General

Broadcom Inc (NASDAQ:AVGO) could show growing market share and backlog when the company reports second-quarter financial results on Wednesday after market close. Here are the earnings estimates, what experts are saying ahead of the report and the key items to watch....
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