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Strategy (MSTR) Investors ‘Deeply Concerned’ After Market’s Reaction to Michael Saylor Selling Bitcoin

Anthony SinclairJune 2, 2026June 2, 202604 mins

Strategy (NASDAQ: MSTR) investors are “deeply concerned” by the market’s reaction to the company selling Bitcoin this week, sources told Congress.net on Tuesday. Sources told Congress.net that large institutional investors holding various MSTR products, including ordinary shares and preferred shares, are concerned that “Strategy could be forced to sell more Bitcoin” and “inadvertently cause Bitcoin’s…

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US Job Openings Surge To Highest Level In Nearly Two Years As Hiring Slows

Anthony SinclairJune 2, 2026June 2, 202603 mins

Job openings climbed to their highest level in nearly two years during April, while hiring fell sharply in the same period. The Bureau of Labor Statistics reported that available employment reached 7.6 million for April, a surge of 731,000 from the prior month and the highest level since May 2024. Economists surveyed by Dow Jones…

Citigroup Lifts Seagate Technology (STX) Price Target By More Than 55 Percent With Buy Rating

Anthony SinclairJune 2, 202602 mins

Citigroup has raised its price objective on Seagate Technology (NASDAQ: STX) from $740.00 to $1,150.00, a substantial increase reflecting renewed analyst confidence in the stock. The Wall Street bank accompanied the upgraded price target with a “buy” rating on the data storage company, signaling a bullish outlook. The new target of $1,150.00 represents a significant…

Euro Zone Inflation Climbs To 3.2% As Energy Prices Surge Amid Iran War

Thomas ShelterJune 2, 202604 mins

Euro zone inflation rose to an estimated 3.2% in May, driven by double-digit energy price growth, according to official data released Tuesday. The figure climbed from 3% in April and came in line with forecasts in a Reuters poll of economists, landing well above the European Central Bank’s 2% target. Energy costs represented the highest…

Security Experts Warn Mullin’s CBP Airport Withdrawal Plan Would Trigger Nationwide Airline Chaos

Anthony SinclairJune 2, 202603 mins

National security experts and the airline industry are pushing back hard against Homeland Security Secretary Markwayne Mullin’s threat to pull U.S. Customs and Border Protection from international airport hubs. Mullin floated the proposal during a recent appearance on Fox News, drawing swift and widespread criticism from those with deep knowledge of airport security and operations….

ADMA Biologics (ADMA) Holds “Hold” Consensus From Wall Street Analysts

Thomas ShelterJune 2, 202602 mins

Shares of ADMA Biologics Inc (NASDAQ: ADMA) have received an average recommendation of “Hold” from the five ratings firms currently covering the stock, according to MarketBeat Ratings. The breakdown of analyst opinions shows a divided view, with one investment analyst rating the stock with a sell recommendation. Two analysts have assigned a hold recommendation to…

AMC Entertainment (NYSE: AMC) Sees Short Interest Plunge By More Than 40%

Anthony SinclairJune 2, 202602 mins

AMC Entertainment Holdings, Inc. (NYSE: AMC) recorded a dramatic drop in short interest during the month of May, signaling a notable shift in bearish sentiment toward the stock. As of May 15th, short interest in the company totaled 63,294,412 shares, reflecting a steep decline from earlier in the month. That figure represents a 40.4% decrease…

The View Hosts Turn On Maine Democratic Senate Candidate Over Sexting Scandal

Thomas ShelterJune 1, 202602 mins

Multiple hosts on ABC’s “The View” publicly condemned Maine Democratic Senate candidate Graham Platner following a wave of damaging controversy reports this week. The criticism came after reports surfaced over the weekend that Platner had sent sexually explicit messages to women after he married his wife. Hosts on the program did not hold back in…

Mercer International Shareholders Approve All Proposals As Management Warns Of Market Headwinds

Anthony SinclairJune 1, 202602 mins

Mercer International (NASDAQ: MERC) shareholders approved every proposal put forward at the company’s 2026 annual meeting, with management painting a challenging picture of recent business conditions. Chairperson William McCartney confirmed that shareholders elected all nine members of the board during the annual meeting proceedings. Management outlined what it described as a difficult 2025 period, characterized…

Alphabet Director Frances Arnold Offloads 102 Shares In Latest Open Market Transaction

Thomas ShelterJune 1, 202602 mins

Alphabet Inc. (NASDAQ: GOOGL) Director Frances Arnold sold 102 shares of the company’s stock in a transaction completed on Friday, May 29th. The shares were sold at an average price of $381.00 per share, bringing the total value of the transaction to $38,862.00. The sale represents a 0.54% decrease in Arnold’s overall ownership stake in…