Ethereum price has remained unable to hold above the $1,600 level as persistent ETF outflows, slowing onchain activity and regulatory uncertainty continue to weigh on investor sentiment. According to market data, Ether (ETH) has repeatedly failed to sustain a breakout above $1,600 since last Thursday, even as lower oil prices improved expectations that central banks
Three Magnificent Seven stocks are entering July with fresh catalysts that could matter as Q2 earnings season approaches. Alphabet, Amazon and Nvidia are not cheap in the traditional sense. But each has a clear reason investors are paying attention right now: Alphabet’s cloud growth has accelerated, Amazon is showing rare pricing power in AI compute,
Scottish Mortgage Trust share price has jumped in the last three consecutive days, reaching its highest level since June 22, helped by the ongoing SpaceX stock rebound. SMT jumped to 1,470p, up by 8.46% from its lowest point this year. So, is this investment trust a good buy today? Scottish Mortgage Trust portfolio analysis Scottish
Tesla stock (TSLA) jumped on Monday as investors looked ahead to the company’s second-quarter delivery report later this week, while fresh comments from Chief Executive Elon Musk provided an additional boost to sentiment. The stock rose around 4% in early trading to $396.64, recovering some ground after a difficult week for the electric vehicle maker.
Marvell Technology could have more room to run after its sharp rally this year. UBS became the latest brokerage to turn more bullish on the semiconductor company as artificial intelligence infrastructure spending accelerates demand for next-generation connectivity products. The brokerage raised its price target on Marvell to $340 from $230, implying roughly 27.5% upside from
Alphabet GOOG shares rose 4.1% in trading on Monday as the Google parent began its first trading session as a member of the Dow Jones Industrial Average, replacing Verizon Communications in the 30-stock benchmark. The index change, announced last week, marks a milestone for Alphabet. However, because the Dow is a price-weighted index rather than
PancakeSwap’s native token, CAKE, continues to face selling pressure despite several positive developments across its ecosystem. The token traded at $1.32 at the time of writing, down 1.8% over the past 24 hours, while extending its weekly decline to 4.9%. Over the past year, CAKE has lost 41.6% of its value, highlighting the broader bearish
Chip stocks including Intel (INTC), Advanced Micro Devices (AMD), and Arm Holdings (ARM) opened in the red this morning mostly due to technical quarter-end positioning. Amidst a lack of fresh positive catalysts, lingering earnings pressure and macroeconomic caution are also adding to the weakness in these semiconductor names on Jun. 29. That said, INTC,
Rocket Lab (RKLB) shares surged in trading on Monday after the company announced an $8 billion cash-and-stock acquisition of satellite communications provider Iridium Communications (IRDM), one of the biggest consolidation moves in the commercial space industry. Rocket Lab stock climbed 12% at the time of writing, while Iridium shares jumped about 21%. The rally in
US telecom stocks Verizon (VZ), T-Mobile (TMUS), and AT&T (T) are slipping this morning after Comcast (CMCSA) announced plans of splitting itself into two independent, public companies. The corporate overhaul will decouple CMCSA’s core telecom infrastructure from its huge media and entertainment segments through a tax-free spin-off to existing shareholders. Here’s why Comcast’s announcement is