Prop firm news

LIVE

Live updates: promos, term changes, new challenges, payouts.

Total news
6
Firm
0
--:--
updated
Firm
Category
PropMarketCapFRESHCurrencies, commodities and indices

SOX crashed 10%, Nasdaq -5%, BTC fell below $76,000: sell-off accelerated

On the evening of November 5, the decline in the US market turned into a crash: Nasdaq is losing about 5%, S&P 500 - up to 3%, the semiconductor index SOX lost a full 10% at once. Bitcoin, following the same movement, plunged below $76,000.

PropMarketCapFRESHCurrencies, commodities and indices

US Big Tech sell-off: NVDA -6%, TSLA -10%

At the open of the US session on November 5, large technology stocks moved down in unison. Nvidia is losing about 6% and heading toward an 8-month low, Tesla around 10%.

PropMarketCapFRESHCurrencies, commodities and indices

Google backstopped a $19 billion data center construction for Anthropic

Google signed agreements to provide credit support for the TeraWulf project - an American company that used to mine Bitcoin and now builds data centers. Under a 20-year contract with Anthropic worth about $19 billion, it will become easier for it to borrow money from banks.

PropMarketCapCurrencies, commodities and indices

Nasdaq futures plunged 2% overnight and recovered all losses by the open: Democrats took Congress

According to vote counts in the US midterm elections, Democrats are taking both chambers of Congress. Index futures fell overnight, then reversed by the morning of November 4: Nasdaq +2.2%, S&P 500 +1.8%.

PropMarketCapCurrencies, commodities and indices

Meta is back in the debt market for money: a new bond offering to fund AI

On November 2, reports emerged that Meta (the company is recognized as extremist in the Russian Federation, and its activities are banned) is again preparing a bond offering to finance capital expenditures on artificial intelligence. The parameters of the issue - amount, term, yield - have not yet been disclosed.

PropMarketCapCurrencies, commodities and indices

Meta raises $35B: additional share issuance to fund AI expenses

Meta (recognized as extremist and banned in Russia) announced the placement of new securities worth $35B. The money will go toward capital expenditures in artificial intelligence - this is one of the largest amounts raised of this kind among technology companies.