The stock's surge started after Asset announced that it entered into a merger agreement with Strive Asset Management to form the first publicly traded asset management Bitcoin treasury company.
JP Morgan analyst expresses views on EchoStar's earnings report, highlighting wireless subscriber growth but also regulatory uncertainty and OIBDA loss.
The selloff came as investors repriced risk across equities amid fears of persistently higher rates, sparked by soft demand at the 20-year Treasury auction.
The U.S. continues to struggle to fill open employment roles at manufacturing firms. There are nearly half a million open manufacturing jobs at the moment, according to the Bureau of Labor Statistics.
Telsey analyst maintains Outperform rating on TJX with price forecast of $145, following Q1 results that beat estimates. Strong operational execution and off-price retail environment support company's performance.
Elon Musk reaffirms commitment to lead Tesla for another 5 years despite concerns over government work. Stock down 9.35% YTD but surged 50% last month.
