Airlines Face Massive Fare Surge: Analyst

    Airlines are heading toward consolidation as soaring jet fuel prices threaten weaker players and could push fares up as much as 30%. Meanwhile, defense spending is booming globally, but contractors face political pressure, capacity limits, and uncertain profits. Sheila Kahyaoglu, Senior Equity Research Analyst at Jefferies joined Bloomberg Open Interest to break down why the…

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    Strategy Adds $2.5 Billion in Bitcoin as STRC Dividend Traders Drive Largest Buy Since 2024

    In brief Strategy made its largest Bitcoin purchase in over 16 months, scooping up $2.54 billion last week. One former Strategy bear speculated that traders using leverage piled into Strategy’s flagship preferred share to capture its upcoming dividend. On Friday, Strategy’s Michael Saylor proposed semi-monthly dividends for the preferred share to “stabilize price, dampen cyclicality,…

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