2 hours ago
A Michigan couple has closed what Coinbase (NASDAQ: $COIN) and Better described as the first Fannie Mae-backed home loan using Bitcoin as collateral, turning a crypto-mortgage product announced earlier this year into a completed transaction.
The transaction gives Coinbase a new real-world use case for digital ***** ets at a moment when crypto firms are trying to push beyond trading and payments. Working with Better, the exchange said borrowers can pledge Bitcoin against a down payment instead of selling the ***** et, preserving exposure while avoiding an immediate taxable sale.
The product, first announced in March, is expected to become available to qualified borrowers nationwide this summer. It initially supports Bitcoin and Circle’s USDC (CRYPTO: $USDC), with Better originating and servicing the mortgage and Coinbase providing the crypto account infrastructure.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
The transaction gives Coinbase a new real-world use case for digital ***** ets at a moment when crypto firms are trying to push beyond trading and payments. Working with Better, the exchange said borrowers can pledge Bitcoin against a down payment instead of selling the ***** et, preserving exposure while avoiding an immediate taxable sale.
The product, first announced in March, is expected to become available to qualified borrowers nationwide this summer. It initially supports Bitcoin and Circle’s USDC (CRYPTO: $USDC), with Better originating and servicing the mortgage and Coinbase providing the crypto account infrastructure.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
9 hours ago
By Jamie McGeever
ORLANDO, Florida, June 2 (Reuters) - World stocks rose to fresh peaks again on Tuesday as no major change in U.S.-Iran tensions, together with a general calm across currency and bond markets, encouraged investors to keep buying. In the U.S., small caps and non-tech sectors outperformed.
In my column today, I look at the almost stealth-like rally of small caps this year. While all the headlines have centered on the hyperscalers and Big Tech behemoths, the big winners from the AI frenzy have actually been small-cap tech stocks.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
1. AI frenzy stokes inflation heat too: Mike Dolan
ORLANDO, Florida, June 2 (Reuters) - World stocks rose to fresh peaks again on Tuesday as no major change in U.S.-Iran tensions, together with a general calm across currency and bond markets, encouraged investors to keep buying. In the U.S., small caps and non-tech sectors outperformed.
In my column today, I look at the almost stealth-like rally of small caps this year. While all the headlines have centered on the hyperscalers and Big Tech behemoths, the big winners from the AI frenzy have actually been small-cap tech stocks.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
1. AI frenzy stokes inflation heat too: Mike Dolan
17 hours ago
We recently compiled a list of the 10 Popular Penny Stocks on Robinhood to Watch in 2026. Fold Holdings, Inc. (NASDAQ:FLD) is another popular penny stock on this list.
TheFly reported on May 13 that Cantor Fitzgerald reduced its price objective on FLD from $2 to $1.70 while reiterating an Overweight rating on the stock.
Fold Holdings, Inc. (NASDAQ:FLD) released its first quarter 2026 financial results on May 12, reporting weaker year-over-year performance amid softer conditions across the broader Bitcoin market. The company posted revenue of $5.6 million, representing a decline of more than 21% from the prior-year period, while transaction volume fell 32% to $172 million. Fold also recorded a net loss of $29.2 million during the quarter and ended the period with 826 BTC in its treasury holdings.
Management stated that lower Bitcoin prices negatively affected trading activity, transaction volumes, and customer engagement throughout the industry. Despite the challenging environment, the company continued expanding its product ecosystem, including the rollout of its Bitcoin Rewards Credit Card, which now has more than 1,000 cards in circulation. Fold also highlighted strong early customer engagement trends and increasing cross-platform adoption among users.
Additionally, the business emphasized ongoing expansion plans for its Bitcoin Gift Card initiative, which management believes could support broader customer acquisition and increase long-term engagement across the Fold platform.
TheFly reported on May 13 that Cantor Fitzgerald reduced its price objective on FLD from $2 to $1.70 while reiterating an Overweight rating on the stock.
Fold Holdings, Inc. (NASDAQ:FLD) released its first quarter 2026 financial results on May 12, reporting weaker year-over-year performance amid softer conditions across the broader Bitcoin market. The company posted revenue of $5.6 million, representing a decline of more than 21% from the prior-year period, while transaction volume fell 32% to $172 million. Fold also recorded a net loss of $29.2 million during the quarter and ended the period with 826 BTC in its treasury holdings.
Management stated that lower Bitcoin prices negatively affected trading activity, transaction volumes, and customer engagement throughout the industry. Despite the challenging environment, the company continued expanding its product ecosystem, including the rollout of its Bitcoin Rewards Credit Card, which now has more than 1,000 cards in circulation. Fold also highlighted strong early customer engagement trends and increasing cross-platform adoption among users.
Additionally, the business emphasized ongoing expansion plans for its Bitcoin Gift Card initiative, which management believes could support broader customer acquisition and increase long-term engagement across the Fold platform.
21 hours ago
Artificial intelligence (AI) is creating winners and losers across the software industry. Both Salesforce (CRM) and ServiceNow (NOW) have built deep ties with large enterprises, but one is positioned better to leave the other behind in the enterprise AI race over the long run.
Salesforce is primarily a customer relationship management (CRM) company. Its platform enables companies to manage relationships with existing and prospective customers.
Dear Microsoft Stock Fans, Mark Your Calendars for June 2
Microsoft Stock Is Up Nearly 30% From Its March Lows, But You Shouldn’t Sell MSFT Just Yet
Dell Stock Could Be Worth 30% More - Based on Strong AI Demand and FCF
Salesforce is primarily a customer relationship management (CRM) company. Its platform enables companies to manage relationships with existing and prospective customers.
Dear Microsoft Stock Fans, Mark Your Calendars for June 2
Microsoft Stock Is Up Nearly 30% From Its March Lows, But You Shouldn’t Sell MSFT Just Yet
Dell Stock Could Be Worth 30% More - Based on Strong AI Demand and FCF
1 day ago
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1 day ago
(Bloomberg) -- Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream.
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2 days ago
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2 days ago
The Dow Jones Industrial Average and other major stock indexes were modestly higher Tuesday, as Wall Street keeps an eye on developments in the ceasefire-extension talks between the U.S. and Iran. Meanwhile, Hewlett Packard Enterprise (HPE) and Victoria's Secret (VSXY) saw huge moves on the stock market today.
The Dow rose 0.2%, while the S&P 500 also crept up 0.2% Tuesday late morning. The Nasdaq composite moved 0.2% higher as well. The Nasdaq and S&P 500 are looking to extend eight-day winning streaks. Small caps outperformed, with the Russell 2000 gaining 0.9%.
The 10-year Treasury yield fell to 4.45%. Bitcoin slid to near $67,700. Meanwhile, West Texas intermediate crude oil eased to around $91.80 barrel.
Among exchange traded funds, the Invesco QQQ Trust (QQQ) ******* ped up 0.3% as the SPDR S&P 500 ETF Trust (SPY) added 0.2%.
The Labor Department reported 7.618 million job openings in April vs. the 6.833 million expected, and topped the revised 6.887 million in March.
The Dow rose 0.2%, while the S&P 500 also crept up 0.2% Tuesday late morning. The Nasdaq composite moved 0.2% higher as well. The Nasdaq and S&P 500 are looking to extend eight-day winning streaks. Small caps outperformed, with the Russell 2000 gaining 0.9%.
The 10-year Treasury yield fell to 4.45%. Bitcoin slid to near $67,700. Meanwhile, West Texas intermediate crude oil eased to around $91.80 barrel.
Among exchange traded funds, the Invesco QQQ Trust (QQQ) ******* ped up 0.3% as the SPDR S&P 500 ETF Trust (SPY) added 0.2%.
The Labor Department reported 7.618 million job openings in April vs. the 6.833 million expected, and topped the revised 6.887 million in March.
2 days ago
After a strong start to 2026, the iShares Russell 2000 ETF (NYSEMKT: IWM) is up 18% year to date. That nearly doubles the 10.7% return for the S&P 500. But the early momentum for small caps and other non-tech stocks has faded once the artificial intelligence (AI) trade returned in full force in April.
Now investors need to weigh a positive outlook for economic growth and corporate earnings, but also deal with higher inflation, an uncertain geopolitical environment, and higher-for-longer interest rates. Which of these factors wins out will likely determine whether small caps are still a buy here.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Toward the end of 2025, small caps were being weighed down by the pressure of high interest rates and the financial impact of tariffs. Small companies tend to be more debt-dependent than large ones, so higher rates present a greater relative financial cost. Tariffs also disproportionately hurt small caps because they don't have the ability or flexibility to easily alter supply chains or negotiate terms as large companies do.
In February 2026, however, the Supreme Court struck down many of the U.S. tariffs issued in 2025 as unlawful. With that major headwind eased, small caps now had a more optimistic outlook.
Now investors need to weigh a positive outlook for economic growth and corporate earnings, but also deal with higher inflation, an uncertain geopolitical environment, and higher-for-longer interest rates. Which of these factors wins out will likely determine whether small caps are still a buy here.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Toward the end of 2025, small caps were being weighed down by the pressure of high interest rates and the financial impact of tariffs. Small companies tend to be more debt-dependent than large ones, so higher rates present a greater relative financial cost. Tariffs also disproportionately hurt small caps because they don't have the ability or flexibility to easily alter supply chains or negotiate terms as large companies do.
In February 2026, however, the Supreme Court struck down many of the U.S. tariffs issued in 2025 as unlawful. With that major headwind eased, small caps now had a more optimistic outlook.
3 days ago
Ballard Power Systems Inc. (NASDAQ:BLDP) ranks among the top hydrogen stocks to buy now. Ballard Power Systems Inc. (NASDAQ:BLDP) released earnings for the first quarter of 2026 on May 5, with an EPS of -0.04, which exceeded the expectations of -0.06, representing a 33.33% positive surprise. Despite marginally missing revenue estimates, the company achieved a 26% year-over-year revenue growth, totaling CAD 19.4 million.
Additionally, Ballard Power’s gross margin improved by 14% from a significantly negative level a year ago, marking the company’s third consecutive positive quarter. Operating expenses fell 36%, while operating cash burn was reduced by around 65%. Management followed this up with tight 2026 guidance, with capex of $5M–$10M and total operating expense of $65M–$75M.
On the commercial front, Ballard Power Systems Inc. (NASDAQ:BLDP) secured multi‑year FCmove‑SC fuel‑cell engine partnerships with New Flyer, Wrightbus, and Solaris. The Solaris agreement grows the company’s relationship until 2029 and ties Ballard Power directly to next‑gen hydrogen bus fleets throughout Europe.
Ballard Power Systems Inc. (NASDAQ:BLDP) designs, develops, manufactures, sells, and services fuel cell products. It specializes in power products for bus, truck, rail, marine, stationary, and developing-market applications, as well as service delivery, including technical solutions, after-sales services, and training.
While we acknowledge the potential of BLDP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Additionally, Ballard Power’s gross margin improved by 14% from a significantly negative level a year ago, marking the company’s third consecutive positive quarter. Operating expenses fell 36%, while operating cash burn was reduced by around 65%. Management followed this up with tight 2026 guidance, with capex of $5M–$10M and total operating expense of $65M–$75M.
On the commercial front, Ballard Power Systems Inc. (NASDAQ:BLDP) secured multi‑year FCmove‑SC fuel‑cell engine partnerships with New Flyer, Wrightbus, and Solaris. The Solaris agreement grows the company’s relationship until 2029 and ties Ballard Power directly to next‑gen hydrogen bus fleets throughout Europe.
Ballard Power Systems Inc. (NASDAQ:BLDP) designs, develops, manufactures, sells, and services fuel cell products. It specializes in power products for bus, truck, rail, marine, stationary, and developing-market applications, as well as service delivery, including technical solutions, after-sales services, and training.
While we acknowledge the potential of BLDP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
4 days ago
Nvidia (NVDA) stock is up about 15.44% year to date, at the time of writing, Friday afternoon, May 29. Meanwhile, the SPDR S&P 500 index (SPY) is up about 11.06% in the same period.
While the stock has outpaced the S&P 500, its growth is lagging that of other semiconductor companies that are part of the AI boom.
Sandisk (SNDK) is up 608.5%.
Micron (MU) is up 238%.
Intel (INTC) is up 221.64%.
While the stock has outpaced the S&P 500, its growth is lagging that of other semiconductor companies that are part of the AI boom.
Sandisk (SNDK) is up 608.5%.
Micron (MU) is up 238%.
Intel (INTC) is up 221.64%.
