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Investing

Here’s why Cardano price has crashed and erased $84 billion in value

Cardano (ADA) price has crashed deeper than other altcoins this year, and is now hovering near its all-time low. It was trading at $0.1660 on Tuesday, down sharply from the record high of $3. This retreat has erased over $84 billion in value as the market cap has dropped from over $90 billion to $6

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Investing

Intuit stock is the worst performer in the Nasdaq 100 Index this year: buy the dip?

Intuit stock price has crashed this year and is now hovering at its lowest level since September 2020. INTU has plunged 62% from its July last year high, making it the top laggard in the Nasdaq 100 Index this year. Its market cap has slumped from over $215 billion to $83 billion today. Intuit stock

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Investing

Rocket Lab stock has crashed into a local bear market: will RKLB rebound?

Rocket Lab (NASDAQ: RKLB) stock has slipped into a local bear market after falling by 25% from its highest point this year. It was trading at $113.65, with its market capitalization falling from over $86.8 billion to $65 billion. So, will this crash continue further or rebound? Why Rocket Lab and other space stocks have

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Investing

Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon

The S&P 500 Index has pulled back in the past few days, moving from the year-to-date high of $7,618 to $7,400. This retreat has happened amid profit-taking among investors and as US bond yields jumped following last week’s strong jobs numbers. Still, there is a likelihood that the index and its ETFs like, VOO, SPY,

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Investing

Soaring Astera Labs stock faces a major valuation risk: what next?

Astera Labs stock price has gone parabolic in the past few months, mirroring the performance of the semiconductor industry. ALAB jumped to $346 on Monday, up by 253% from its lowest point this year, with its valuation jumping from $16.6 billion in April to $60 billion today. Still, the company faces some major risks, with

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Stocks

Coinbase Stock Jumps 6.5% After Delivering Key Hyperliquid USDC Milestone

The post Coinbase Stock Jumps 6.5% After Delivering Key Hyperliquid USDC Milestone appeared first on Coinpedia Fintech News Coinbase stock is suddenly showing bullish signs today after two months of bleeding. The stock climbed roughly 6.5% intraday, bouncing from the closely watched $150 demand zone and trading near $161.80. What’s notable isn’t just the move

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Stocks

Apple WWDC 2026 Today

The post Apple WWDC 2026 Today appeared first on Coinpedia Fintech News Apple’s WWDC event is a key test of whether the company can deliver a superior AI experience while relying on Google’s Gemini models, according to analyst Ming-Chi Kuo. Kuo said that if Gemini-powered Siri and Apple Intelligence outperform Google’s own implementations, it would

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Stocks

SpaceX IPO Valuation Raises Investor Concerns

The post SpaceX IPO Valuation Raises Investor Concerns appeared first on Coinpedia Fintech News A major trader on Hyperliquid has reportedly earned about $700,000 by shorting $3.1 million worth of SPCX, a pre-IPO market tied to SpaceX, after the contract fell more than 27% from its peak. Ventuals confirmed it will use 13.075 billion outstanding

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Stocks

Sam Bankman-Fried Seeks Trump Pardon, Faces Long Odds

The post Sam Bankman-Fried Seeks Trump Pardon, Faces Long Odds appeared first on Coinpedia Fintech News FTX founder Sam Bankman-Fried has formally applied for a presidential pardon, with his petition now listed as pending on the U.S. Department of Justice’s Office of the Pardon Attorney website. Bankman-Fried is serving a 25-year prison sentence for fraud-related

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Stocks

‘XRP Price is Being Suppressed,’ Researcher Says

The post ‘XRP Price is Being Suppressed,’ Researcher Says appeared first on Coinpedia Fintech News XRP has spent years frustrating its most devoted supporters. The token that once surged to $3.84 during the 2018 bull run and briefly touched $3.60 again earlier this cycle has spent the better part of a decade trading sideways while

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