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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Strategy (MSTR) Stock: Is a 16% Yield Worth the Risk Right Now?

Strategy (MSTR) Stock: Is a 16% Yield Worth the Risk Right Now?

TLDR Strategy’s four preferred stock issues now yield 10%–16% after dropping about 10% in price over the past month. Bitcoin has fallen roughly 30% this year to

AstraZeneca (AZN) Stock Falls 9% After Wainua Heart Drug Trial Fails

AstraZeneca (AZN) Stock Falls 9% After Wainua Heart Drug Trial Fails

TLDR AstraZeneca stock dropped as much as 9% after its heart drug Wainua failed a late-stage clinical trial Wainua did not meet its goal of reducing deaths and

Micron, Samsung, SK Hynix Set to Benefit From Memory Price Surge, Says UBS

Micron, Samsung, SK Hynix Set to Benefit From Memory Price Surge, Says UBS

TLDR Global memory sales hit a record $74.6 billion in July, up 31.7% month-on-month. NAND sales jumped 40.7% to a record $25.8 billion, driven by AI storage demand

Can Cerebras (CBRS) Stock Challenge Nvidia in Europe? New Data Centers Say Yes

Can Cerebras (CBRS) Stock Challenge Nvidia in Europe? New Data Centers Say Yes

TLDR CBRS stock jumped ~7% in pre-market trading Thursday after announcing a major European expansion Cerebras plans to bring its first European data center online

Hims & Hers (HIMS) Stock Surges 45% — But Is the Rally Built to Last?

Hims & Hers (HIMS) Stock Surges 45% — But Is the Rally Built to Last?

TLDR BofA raised its HIMS price target to $37 (from $36) but kept a Neutral rating, citing overvaluation concerns Oral Wegovy customer growth went flat month-over

Eli Lilly (LLY) Stock Gets Dual Price Target Upgrades as Obesity Drug Demand Surges

Eli Lilly (LLY) Stock Gets Dual Price Target Upgrades as Obesity Drug Demand Surges

TLDR JPMorgan raised its LLY price target to $1,400 from $1,300, keeping an Overweight rating RBC Capital lifted its target even higher to $1,500, maintaining an

Bank of America Finally Says Yes to OpenAI With $520 Million Loan Ahead of IPO

Bank of America Finally Says Yes to OpenAI With $520 Million Loan Ahead of IPO

TLDR Bank of America gave OpenAI a $520 million credit line, its first loan to the AI company. The bank had turned down OpenAI’s request for financing as recently

Nvidia Invests $500 Million in Australian Cloud Startup Firmus

Nvidia Invests $500 Million in Australian Cloud Startup Firmus

TLDR Nvidia is investing about $500 million in Australian cloud company Firmus Technologies. The deal makes Nvidia the largest investor in Firmus’s $2 billion funding

S&P 500 and Nasdaq Futures Rise as US-Iran Tensions Ease Thursday

S&P 500 and Nasdaq Futures Rise as US-Iran Tensions Ease Thursday

TLDR Nasdaq-100 futures climbed 0.6%, S&P 500 futures added 0.2% on Thursday morning Markets brushed off renewed US-Iran strikes after a sharp sell-off Wednesday

PepsiCo (PEP) Stock Rises After Revenue Beat Despite North America Slump

PepsiCo (PEP) Stock Rises After Revenue Beat Despite North America Slump

TLDR PepsiCo beat revenue estimates with $24.18B vs $23.97B expected, up 6.4% year-over-year Adjusted EPS came in at $2.20, just $0.01 below the $2.21 analyst consensus