Intel raises $20 billion from upsized share sale
Intel raised $20 billion through an upsized share offering at $95 per share to fund expansion of its chip contract manufacturing business amid a significant stock price surge.
Bitcoin News Today: BlackRock IBIT Drives Five-Day BTC ETF Inflow Streak
US-listed spot Bitcoin ETFs recorded approximately $853.5M in net inflows over five consecutive trading sessions, with BlackRock’s IBIT accounting for roughly 81% of that total.
Strategy Sells $109M in Bitcoin as Dollar Reserve Tops $4.6B
Strategy sold 1,690 Bitcoin for $108.6 million during the week ending August 9, reducing its holdings to 840,447 BTC while boosting its dollar reserve to $4.65 billion.
Corn Ticking Higher on Monday Morning
Corn futures advanced 2 to 3 cents early Monday morning, with September contracts at $4.39 and December contracts at $4.62, as traders awaited the USDA crop production report.
Soybeans Pushing Higher to Begin the Week
Soybean futures traded higher early in the week, with spot prices climbing to $11.33¾ while September and November contracts also posted gains despite modest weekly declines in some categories.
Wheat Posting Monday Morning Strength
Wheat futures posted significant gains early Monday, with winter wheat contracts trading at double-digit increases across Chicago, Kansas City, and Minneapolis exchanges.