CCOI News Today: Stay Updated with the Latest Cogent Communications Holdings, Inc. News in Real Time
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Rheinmetall Dividend Yield Hits 11.5% as German Defense Stock Soars
Rheinmetall AG offers 11.5% forward dividend yield. German defense stock with strong earnings and high payout attracts dividend investors.
American Express Falls 0.6% as Credit Stress Concerns Weigh, June 06
AXP stock fell 0.6% to $310.66 as Q1 delinquency rates hit 13.1%, offsetting strong earnings beat and revenue growth.
Ex-CityNews Reporter Sues Rogers for $650K Over Wrongful Dismissal, June 05
Ex-CityNews reporter Tina Yazdani sues Rogers for $650,000 over wrongful dismissal and alleged retaliation for confrontational political reporting.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 06
Dow Jones hits record 51,562 as Broadcom’s AI guidance miss sparks rotation from tech into financials and healthcare.
Japan Stocks Fall on US Chip Weakness, Broadcom Shock Spreads, June 06
Broadcom’s weak earnings triggered a semiconductor selloff in Japan. Nikkei 225 fell 882 points as AI and chip stocks declined across Asia.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops below $61,500 amid Strategy’s BTC sale and hedge fund outflows triggering $635B in liquidations. Meyka rates BTC C+.
PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.
MSTR Stock Crashes 13% as Bitcoin Sale Breaks “Never Sell” Promise, June 05
MSTR stock falls 13% after Strategy Inc sells 32 Bitcoin for first time in years, breaking its “never sell” pledge.
Zcash Plunges Up to 50% in 2 Days After AI Flags Critical Network Vulnerability
Zcash experienced one of its most dramatic declines in recent years after a critical network vulnerability was disclosed, causing the cryptocurrency to lose as much as 50% of its value within two days. The selloff began after researchers revealed a flaw in the network’s Orchard privacy pool that could theoretically allow the creation of counterfeit…