NASDAQ:TON

TON Strategy Shares Flat as Toncoin’s Gram Catches Traders Off Guard

TON Strategy Shares Flat as Toncoin’s Gram Catches Traders Off Guard

TON Strategy Company fell 1.4% to $4.17 on Nasdaq Tuesday morning, despite Toncoin’s rally and news that its token will be renamed Gram. The company reported $5.25 million in Q1 revenue but posted a $91 million net loss due to a crypto fair-value mark. Toncoin rose over 15% Monday before slipping to $2.07. Trading volume in TON Strategy shares reached about 123,500 by 11 a.m. EDT.
June 2, 2026

Stock Market Today

  • FTSE 100 Stocks Glencore and Fresnillo: Are They Still Top Buys After 100%+ Gains?
    June 2, 2026, 11:50 AM EDT. Shares of Glencore and Fresnillo, both FTSE 100 miners, have soared over 100% amid rising demand for copper and silver. Glencore focuses on copper, a key metal for electrification and AI-driven tech, expecting a structural shortfall that supports output growth to 1.6m tonnes by 2035. Fresnillo's silver has been volatile but benefits from sustained central bank buying and industrial demand in energy transition tech. Despite price swings, strong fundamentals and margin leverage remain. Commodity price volatility and energy cost risks pose challenges. Investors should weigh if future earnings are adequately priced, as both stocks retain potential driven by long-term supply-demand imbalances and industrial uses.