Blockonomi

Blockonomi

Blockonomi is a fast growing publication at the intersection of finance and technology. It provides unbiased reporting and detailed tutorials, helping readers understand the complex world of the digital economy and fintech innovation.

Blockonomi's Articles

Apple (AAPL) Stock: iPhone Production Hits Wall as TSMC Chip Supply Runs Short

Apple (AAPL) Stock: iPhone Production Hits Wall as TSMC Chip Supply Runs Short

TLDR Apple posted $143.8 billion in Q1 revenue, up 16% year-over-year, with projections for 13-16% growth next quarter. CEO Tim Cook says TSMC can’t produce enough

Micron (MU) Stock: Executives Sell $15 Million as Shares Reach All-Time High

Micron (MU) Stock: Executives Sell $15 Million as Shares Reach All-Time High

TLDR Micron EVP Manish Bhatia sold 26,623 shares for $10.4 million on January 22, with prices ranging from $388.41 to $395.90 per share. SVP Michael Charles Ray

Nvidia (NVDA) Stock: DeepSeek Receives Approval to Buy H200 AI Chips

Nvidia (NVDA) Stock: DeepSeek Receives Approval to Buy H200 AI Chips

TLDR DeepSeek received conditional approval from China to purchase Nvidia H200 AI chips, with regulatory terms being finalized by the National Development and Reform

Starbucks (SBUX) Stock: Coffee Chain Targets 2,000 New Stores as Analyst Lifts Price Target

Starbucks (SBUX) Stock: Coffee Chain Targets 2,000 New Stores as Analyst Lifts Price Target

TLDR Starbucks unveils plan to open over 2,000 stores worldwide in Fiscal 2028, three times this year’s total U.S. expansion includes 400 new company-operated locations

SoFi Stock Jumps as Fintech Tops $1 Billion in Quarterly Revenue for First Time

SoFi Stock Jumps as Fintech Tops $1 Billion in Quarterly Revenue for First Time

TLDR SoFi Technologies reported fourth-quarter revenue of $1.01 billion, up 37% year-over-year, marking the first time quarterly revenue exceeded $1 billion The

SanDisk (SNDK) Stock: Flash Storage Demand Powers Historic Earnings Surge

SanDisk (SNDK) Stock: Flash Storage Demand Powers Historic Earnings Surge

TLDR SanDisk reported Q2 revenue of $3.03 billion, crushing the $2.69 billion estimate, while profit jumped 672% to $803 million The stock surged 17% in pre-market

Microsoft (MSFT) Stock: Secures $750M Perplexity Cloud Deal as Shares Drop 10%

Microsoft (MSFT) Stock: Secures $750M Perplexity Cloud Deal as Shares Drop 10%

TLDR Microsoft secured a $750 million three-year cloud deal with AI startup Perplexity through its Azure Foundry service. The agreement provides Perplexity access

Amazon (AMZN) Stock: E-Commerce Giant Pursues $50 Billion OpenAI Deal

Amazon (AMZN) Stock: E-Commerce Giant Pursues $50 Billion OpenAI Deal

TLDR Amazon is in early discussions to invest as much as $50 billion in ChatGPT creator OpenAI, according to sources familiar with the matter. CEO Andy Jassy is

Bullish (BLSH) Stock: Cathie Wood Purchases 33,022 Shares of Crypto Exchange

Bullish (BLSH) Stock: Cathie Wood Purchases 33,022 Shares of Crypto Exchange

TLDR ARK Invest purchased $1.1 million of Bullish shares on January 28, ending a six-week break from crypto stock buying. The purchase included 33,022 BLSH shares

SpaceX and xAI Merger Talks Advance as IPO Approaches

SpaceX and xAI Merger Talks Advance as IPO Approaches

TLDR SpaceX and xAI are negotiating a merger before SpaceX’s public offering planned for 2026 Two Nevada entities were created on January 21 to support the potential