PSQ Holdings, Inc.

Shares of small-cap PSQ Holdings (also known as PublicSquare), among whose shareholders is one of Trump's sons, is down 7% in premarket trading this morning, August 13, after the company <a href="https://investors.publicsq.com/news/news-details/2025/PublicSquare-Reports-Second-Quarter-2025-Financial-Results-Announces-Strategic-Repositioning-to-Accelerate-Fintech-Growth/default.aspx">announced</a>&nbsp;a&nbsp;strategy change. It will focus on expanding its fintech operations and is likely to sell its other businesses, including its "patriotic" marketplace launched during the pandemic. As a result, PSQ Holdings has withdrawn its 2025 guidance.

PSQ Holdings, with Don Jr. as investor, intends to sell marketplace for patriots

On Monday, spot exchange traded funds (ETFs) tracking the price of Ethereum recorded the largest net inflows of all time, totaling $1.01 billion

Ethereum has risen above $4600. Why are investors buying up the second most capitalized token?

Circle Internet Group

CoreWeave, Inc.

Meta Platforms, Inc.

The main US S&amp;P 500 index ended trading above 6,400 points for the first time, with tech leaders and artificial intelligence-related companies largely responsible for the gains. Stablecoin issuer USDC Circle lost more than 5% in the post-market after it announced it was selling 10 million shares after rising 425% since its IPO, despite strong earnings and USDC's 90% year-to-date growth. Meanwhile, OpenAI CEO Sam Altman is launching Merge Labs, a brain-computer interface startup that could be a competitor to Elon Musk's Neuralink. These and other topics are covered in our review of key events for the morning of August 13.

Highlights for the morning: the S&amp;P 500's record AI rally, Circle's fall and Altman's new startup

The company's stock initially soared 17%, but then squandered nearly all of the gain

Circle beats Wall Street's revenue expectations in first report since high-profile IPO

Strategy Inc

Coinbase Global, Inc.

Robinhood Markets, Inc.

Bitmine Immersion Technologies, Inc.

Sharplink, Inc.

During trading on Aug. 11, Ethereum's value climbed above $4300 for the first time since 2021 

Crypto stocks are on the rise after bitcoin and ethereum surge. One of them added 20%

Firefly Aerospace Inc.

WhiteFiber, Inc.

Heartflow, Inc.

Shares of US Firefly Aerospace, a SpaceX competitor, soared by a third on the first day of trading after listing on Nasdaq. Cryptocurrency exchange Bullish has decided to raise up to $629 million on the New York Stock Exchange. Czech manufacturer of armored vehicles and heavy ammunition CSG is planning an IPO in Amsterdam and is seeking a €30 billion valuation. The main events on the IPO market during the week are in our selection.

Firefly shares soar and crypto exchange Bullish lists: highlights of the IPO by Aug. 11

Cryptocurrencies were further supported by the closing of the case against Ripple, one of the most protracted in the market's history

Ether surpassed $4,000 for the first time this year amid the crypto's admission to pension funds

Block, Inc.

The company of Twitter co-founder and longtime bitcoin supporter Jack Dorsey may have begun a turnaround

Block shares soared 10%: investors believed in the growth of the company's two businesses


Rocket Lab Corporation

Tesla, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: investors need a breather


Voluntary pension insurance participants may gain access to riskier assets

Investors are waiting for Trump to allow pension funds to buy crypto. Who will win?

Preliminary trading in shares of US WhiteFiber, a subsidiary of bitcoin miner Bit Digital, has begun in the Freedom trading system for clients. WhiteFiber operates data centers, leasing computing power to developers of AI applications and machine learning systems. The company's securities are available by ticker symbol <a href="https://tradernet.global/what-to-buy/stocks/WYFI.US">WYFI</a>. They will appear on the Nasdaq exchange later Thursday.

WhiteFiber IPO: Shares of AI data center operator begin trading

DDC Enterprise Limited

Spring 2025 marked a turning point for investors in DayDayCook (DDC), a Hong Kong-based small-cap company specializing in the production and sale of ready-made Asian meals. After losing nearly all of its value over the prior 18 months, the company’s stock has surged fourfold since May following the <a href="https://ir.daydaycook.com/news-events/press-releases/detail/35/ddc-announces-record-2024-growth-and-strategic-bitcoin-reserve-initiative-in-shareholder-letter-by-founder-ceo-norma-chu">announcement</a>&nbsp;of a bitcoin treasury strategy. While crypto has moved beyond being a trend to become a recognized component of the broader financial system, analysts at Freedom Finance Global note that there remains no fundamental or sustainable factor to support a long-term appreciation in its value.