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Michael Saylor Says Strategy Is Bitcoin’s ‘Shock Absorber,’ Not A Systemic Risk

by Khyathi Dalal | Jun 17, 2026 | General

Strategy Inc. (NASDAQ:MSTR) Executive Chairman Michael Saylor rejected claims that his company poses a systemic risk to Bitcoin (CRYPTO: BTC), arguing that the company has instead acted as a major source of liquidity and support during the current bear market. ‘We Are...

Braiin Doubles Down On Agentic AI With Major Enterprise Customer Win

by Lekha Gupta | Jun 17, 2026 | General

Braiin Limited (NASDAQ:BRAI) stock surged more than 37% on Wednesday after the Australian technology company announced plans to accelerate its expansion into the growing Agentic AI Customer Experience as a Service (CXaaS) market and secured a landmark contract in...

Small Caps Near Record Highs, Robinhood Rallies 12%: Stock Market Today

by Piero Cingari | Jun 17, 2026 | General

U.S. stocks traded higher by midday Wednesday, with semiconductor equipment names and small caps leading the tape, as investors held their fire ahead of Kevin Warsh‘s first interest-rate decision as Federal Reserve chair, due at 2 p.m. ET. The Fed is all but certain...

Carvana Stock Falls As CarMax Warns Of Persistent Low Margins

by Evette Mitkov | Jun 17, 2026 | General

Carvana Co. (NYSE:CVNA) shares are slipping as traders react to CarMax’s quarterly update, which signaled that pressure on sales margins will continue. Carvana shares are sliding. Why is CVNA stock dropping? CarMax Beats Estimates But Margins Slide CarMax Inc...

GSK, Spero Win FDA Nod For First-Ever Oral Carbapenem Antibiotic For Complicated UTIs

by Vandana Singh | Jun 17, 2026 | General

GSK plc (NYSE:GSK) and Spero Therapeutics, Inc. (NASDAQ:SPRO) announced on Wednesday that the U.S. Food and Drug Administration has approved Utebzi (tebipenem pivoxil hydrobromide), an oral antibiotic for adults with complicated urinary tract infections (cUTIs). First...
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