40m ago
Alphabet announces $80B equity raise; Berkshire commits $10B via private placement
Alphabet said Monday it will raise $80 billion in equity to expand AI infrastructure, including a $10 billion private placement from Berkshire Hathaway split between Class A and Class C shares. The company also outlined $30 billion in concurrent public offerings and a $40 billion at-the-market program expected to begin in Q3. After the announcement, Alphabet shares fell about 2% in after-hours trading and were down 1.02% at $372.58 at the time of writing.
BTC
BTC-2.99%
40m ago
48m ago
Nigel Green Warns Oil’s "Security Premium" May Keep Brent Near $93 After June 1 Remarks
Devere Group CEO Nigel Green said June 1 that investors should brace for a short- to medium-term shift in energy pricing, arguing that a supply-security premium may keep inflation and rate-cut expectations under pressure. Brent crude traded near $93 a barrel after Israel ordered troops deeper into Lebanon, following an earlier spike above $112 during the crisis. Green also pointed to tight supply conditions, including demand above 103 million barrels per day and about 20% of global oil consumption moving through the Strait of Hormuz.
ETH
ETH-0.35%
48m ago
1h ago
June 2 Price Check: BTC Near $71,000-$72,000 as XRP Holds $1.30 and SHIB Sits at $0.0000054
On June 2, Bitcoin, XRP, Shiba Inu and Dogecoin remained under pressure as several majors revisited key support areas and stayed below important moving averages. BTC slid toward $71,000-$72,000 with RSI around 31, while XRP tested the $1.30 zone and SHIB hovered near $0.0000054 amid weakening momentum. DOGE consolidated near support with $0.10 highlighted as a key level as sellers continued to control the broader trend.
XRP
XRP-3.16%
1h ago
1h ago
Analyst: Bitcoin May Set New Summer Highs if $73,000 Support Holds
Bitcoin is hovering just above the $73,000 area, which analyst Michaël van de Poppe said on June 1 could act as the make-or-break support for a summer breakout. He argued that holding $73,000 could fuel roughly two strong weeks of upside, while losing it may raise the risk of a deeper pullback toward $61,000. BTC was also described as ranging near $74,200 resistance and about $72,700 support, as spot Bitcoin ETFs have faced notable outflows since mid-May.
BTC
BTC-2.99%
1h ago