Coincentral

Coincentral

Coincentral is a leading publication focused on cryptocurrency news and education. It provides investors with easy to understand guides and market analysis, serving as a trusted resource for navigating the digital asset space.

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Today’s Top Stories: PepsiCo Earnings, SK Hynix IPO, AstraZeneca Setback, and Oil Price Drop

Today’s Top Stories: PepsiCo Earnings, SK Hynix IPO, AstraZeneca Setback, and Oil Price Drop

TLDR PepsiCo beat revenue estimates but shares fell on weak North American snack sales and cautious guidance SK Hynix’s U.S. ADR offering was several times oversubscribed

Kalshi Targets Gold, FX and Energy Perpetual Futures Expansion

Kalshi Targets Gold, FX and Energy Perpetual Futures Expansion

TLDR Kalshi seeks approval for gold, FX and energy perpetual futures. The platform aims to expand beyond crypto derivatives markets. Gold has emerged as a key priority

NATO Commits $40 Billion to Counter-Drone Defense as Russia Prepares for Conflict

NATO Commits $40 Billion to Counter-Drone Defense as Russia Prepares for Conflict

TLDR NATO announced a “Drone Edge” initiative with over $40B in counter-drone investment over five years Norway, Finland, Germany, and Denmark signed a letter of

Levi Strauss (LEVI) Stock: Beat Earnings, Raised Guidance — So Why Is It Down?

Levi Strauss (LEVI) Stock: Beat Earnings, Raised Guidance — So Why Is It Down?

TLDR Levi Strauss posted Q2 adjusted EPS of $0.28, beating the $0.24 consensus estimate Revenue hit $1.56 billion, up 8% year-over-year, topping the $1.52 billion

Micron Technology (MU) Stock: Rises as $3B U.S. Chip Supply Investment Lifts Shares

Micron Technology (MU) Stock: Rises as $3B U.S. Chip Supply Investment Lifts Shares

TLDR Micron Technology stock gained 7.90% after its $3B U.S. chip plan. MU shares rose to $1,023.79 as the supply-chain deal boosted sentiment. Micron will provide

CoreWeave (CRWV) Stock Falls 3% As Meta AI Threat and Insider Sales Weigh on Sentiment

CoreWeave (CRWV) Stock Falls 3% As Meta AI Threat and Insider Sales Weigh on Sentiment

TLDR CoreWeave stock dropped 3.4% to $83.53, hitting an intraday low of $79.46, with trading volume down 20% from its average session Wall Street maintains a Moderate

IBM Stock Slips as NBA Star Puts Quantum in the Spotlight

IBM Stock Slips as NBA Star Puts Quantum in the Spotlight

TLDR NBA player Kyle Kuzma visited IBM’s Thomas J. Watson Research Center, posting about quantum computing to 1.3 million followers on X. IBM confirmed the visit

Nasdaq Gains 1.2% as SK Hynix IPO Demand Hits Seven Times Available Shares

Nasdaq Gains 1.2% as SK Hynix IPO Demand Hits Seven Times Available Shares

TLDR The Nasdaq rose 1.2%, the S&P 500 gained 0.8%, and the Dow added 0.4% on Thursday SK Hynix’s Nasdaq debut on Friday is drawing strong investor interest, with

Opendoor (OPEN) Stock: The Bull Case Exists — But the Timing Is the Problem

Opendoor (OPEN) Stock: The Bull Case Exists — But the Timing Is the Problem

TLDR Existing home sales fell 2.4% in June to a 4.09 million annual rate, pressuring Opendoor’s model The average 30-year mortgage rate rose to 6.49%, while the

TeraWulf (WULF) Stock Rises on $3.5 Billion Debt Raise for Anthropic Data Center

TeraWulf (WULF) Stock Rises on $3.5 Billion Debt Raise for Anthropic Data Center

TLDR TeraWulf is raising ~$3.5 billion in debt — leveraged loans and high-yield bonds — to build a data center campus in Kentucky Morgan Stanley will lead the financing