Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock — something Executive Chair Michael Saylor had previously said it didn’t need to do.
A “dispersion trade” is being fueled by rising volatility for individual stocks while index volatility is falling — suggesting the risks of a selloff are rising
Snowflake’s stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon’s AWS.