📈 Stocks / Finance

CoreWeave Acquires Core Scientific in $9B All-Stock Deal

Yahoo Finance

CoreWeave (CRWV) will acquire Core Scientific (CORZ) in a $9B all-stock deal, granting CORZ holders 0.1235 CRWV shares per share. CRWV fell 3.3%, CORZ dropped 17.6%. The move brings 2GW+ data center capacity in-house and eliminates $10B+ in leasing costs.

Tesla stock sinks 6.8% amid Musk–Trump political fallout

CNN Bussiness

Tesla shares fell 6.79% after Elon Musk launched a new political party, prompting Trump to call him 'off the rails'. Investors fear Musk is distracted and worry about potential EV subsidy cuts. Tesla short sellers gained $1.6B as shares hit a one-month low.

Uber Rises After Wells Fargo Price Target Hike

Yahoo Finance

Uber stock rose 3.2% to $96.48 after Wells Fargo raised its price target from $100 to $120 and reaffirmed an 'Overweight' rating. The revision implies a 24.9% upside. Uber shares are up 52.7% YTD and hit a new 52-week high.

🪙 Crypto

Bitcoin Treasuries and Crypto ETFs Poised to Expand

AI Invest

Bitcoin treasury firms are surging, with 135 public companies holding BTC. Spot ETF inflows hit $14.4B YTD. Ether lags but may rebound via ETF staking. Analysts expect broader ETF approvals and more crypto IPOs in H2 2025. BTC is up ~15% YTD, nearing all-time highs.

🌎 Global Economy

Commodities Send Mixed Signals Amid Global Trade Shifts

Gulf Business

Gold prices are rising on geopolitical and debt fears, while oil and copper lag due to weak demand and supply shifts. This divergence reflects investor caution as trade tensions ease only slightly. Commodities now act as both signals and stress tests for global economic health.