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

Walmart (WMT) Stock Plunges Over 5% Amid Sales Growth Concerns

Walmart (WMT) Stock Plunges Over 5% Amid Sales Growth Concerns

Walmart (WMT) shares fell over 5% to an 8-month low after Cleveland Research warned of slowing comparable sales that could pressure consensus estimates. The post

Opendoor (OPEN) Stock Surges 9% Following Russell 3000 Addition and Options Activity

Opendoor (OPEN) Stock Surges 9% Following Russell 3000 Addition and Options Activity

Opendoor (OPEN) stock rallied 9% on Russell 3000 inclusion, bullish options flow, and an $82 price target from EMJ Capital's Eric Jackson for 2028. The post Opendoor

Market Movers: Meta’s Cloud Ambitions, Warsh’s Inflation Update, and Nike’s China Troubles

Market Movers: Meta’s Cloud Ambitions, Warsh’s Inflation Update, and Nike’s China Troubles

Meta explores AI cloud services, Fed Chair Warsh notes easing inflation, Nike slides on China concerns. Get today's essential market updates and analysis. The post

SanDisk (SNDK) Stock Drops 9.44% Despite Bank of America’s $2,500 Price Target Upgrade

SanDisk (SNDK) Stock Drops 9.44% Despite Bank of America’s $2,500 Price Target Upgrade

SanDisk (SNDK) dropped 9.44% despite BofA's $2,500 target upgrade. NAND supply constraints and long-term contracts drive bullish outlook despite risks. The post

Kroger (KR) Stock Drops 2% Following $1.65 Billion Giant Eagle Acquisition Announcement

Kroger (KR) Stock Drops 2% Following $1.65 Billion Giant Eagle Acquisition Announcement

Kroger (KR) stock dropped 2.12% after revealing plans to purchase Giant Eagle for $1.65B, adding 197 stores and nearly $9B in yearly revenue. The post Kroger (KR

BlockDAG’s Proprietary BDAG AI Pulls Buyers in Droves! Here’s Why the $0.00000044 Entry Beats LINK & TRON Today

BlockDAG’s Proprietary BDAG AI Pulls Buyers in Droves! Here’s Why the $0.00000044 Entry Beats LINK & TRON Today

The Chainlink price prediction reflects tension this week, as LINK trades near $7.37 while investors weigh short-term caution against optimism tied to its growing

Amazon (AMZN) Stock Climbs as Prime Day Sales Surge to $26.4B Record High

Amazon (AMZN) Stock Climbs as Prime Day Sales Surge to $26.4B Record High

Amazon (AMZN) stock gains momentum after Prime Day hits record $26.4B. Goldman Sachs sees buying opportunity with $318 target ahead of earnings season. The post

Tesla (TSLA) Stock Climbs as Q2 Delivery Numbers Loom Thursday

Tesla (TSLA) Stock Climbs as Q2 Delivery Numbers Loom Thursday

Tesla (TSLA) stock surges 10.8% this week before Thursday's Q2 delivery report. Analysts expect 400K-466K vehicles with year-over-year growth anticipated. The post

Lockheed Martin (LMT) Secures $38B in Defense Contracts as Citi Raises Rating

Lockheed Martin (LMT) Secures $38B in Defense Contracts as Citi Raises Rating

Lockheed Martin (LMT) gains 1.8% after winning $35.5B THAAD and $2.9B radar contracts. Citi upgrades to Buy with $582 price target amid 23% recent decline. The

Micron Technology (MU) Stock Falls 7.85% Following General Motors Supply Deal Announcement

Micron Technology (MU) Stock Falls 7.85% Following General Motors Supply Deal Announcement

Micron Technology (MU) stock fell 7.85% after revealing a strategic supply deal with GM for automotive memory chips and expanding U.S. production capacity. The