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Investing

Here’s why investors are shorting CoreWeave stock

CoreWeave (NASDAQ: CRWV) stock price remains under pressure this month, despite its rising role in the artificial intelligence (AI) industry, where it has become the partner of choice of top companies. CRWV dropped to $105 on Tuesday, down from this month’s high of $138.  With its short interest at 14% and its stock down by

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Investing

Broadcom stock flashes bullish flag and C&H pattern ahead of results

Broadcom (NASDAQ: AVGO) stock has moved sideways in the past month as the recent bullish momentum faded. This consolidation may be calm before the storm as it has formed a bullish flag pattern ahead of its quarterly earnings on June 3.  Broadcom stock has formed a giant bullish flag pattern The daily chart shows that

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Investing

Virgin Galactic stock is soaring ahead of the SpaceX IPO: what next?

Virgin Galactic (NYSE: SPCE) stock price has gone parabolic this month, reaching its highest point since December last year. SPCE shares have jumped by 65% from their lowest level this year. So, will the stock continue rising as short interest jumps? Virgin Galactic has soared ahead of the SpaceX IPO The SPCE stock price has

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Investing

Here’s why Tilray Brands stock has crashed: will it rebound soon?

Tilray Brands (NASDAQ: TLRY) stock price has plummeted this year, and is now hovering at its lowest level since July last year. It has plunged by 76% from its highest point last year, meaning that a $10,000 investment at its peak would be about $2,100 today.  Tilray Brands is facing major headwinds as core business

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Investing

Here’s why the Kospi Index rally has taken a breather today

The Kospi Index pulled back by over 1% on Thursday as the recent bull run took a breather, following the South Korean central bank’s interest rate decision. It retreated to KRW 8,133, down slightly from this week’s high of KRW 8,480. South Korea’s central bank gives a hawkish pause The Kospi Index retreated, while the

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Investing

Crude oil price on edge as the US launches another attack against Iranian targets

Crude oil price rose slightly as concerns about the US-Iranian truce rose following the latest strikes against Iranian targets. Brent, the global benchmark, was trading at $93.85, while the West Texas Intermediate (WTI) rose to $90 a barrel.  US hits Iranian targets again Brent and the West Texas Intermediate rose slightly after the US Central

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Investing

Here’s why the crypto market is crashing today

The crypto market is crashing today, with Bitcoin and top coins being in the red. Bitcoin price dropped below the crucial support level of $73,000, while Ethereum plunged below $2,000. Other top laggards in the crypto industry were tokens like Humanity, Render, Ondo, Virtuals Protocol, Worldcoin, and Celestia. Crypto market crash triggered by US-Iran tensions

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Investing

Here’s why the XRP price is in a deep dive today

XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to the fast-growing space and artificial intelligence industries. Ripple dropped to $1.2723, its lowest level since February. XRP price crashes as ETF inflows stall Ripple’s price

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Stocks

World’s Highest IQ Holder Predicts June Could Trigger Massive Bitcoin And XRP Gains?

The post World’s Highest IQ Holder Predicts June Could Trigger Massive Bitcoin And XRP Gains? appeared first on Coinpedia Fintech News Seven days. That’s the latest countdown attached to another loud crypto prediction, this time from YoungHoon Kim, the South Korean influencer who claims to hold the world’s highest IQ score at 276. According to

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Stocks

Why IMX Price Could Be Preparing Quietly For a 1000% Move?

The post Why IMX Price Could Be Preparing Quietly For a 1000% Move? appeared first on Coinpedia Fintech News Something interesting is happening around Immutable, and it’s not the kind of loud meme-fueled chaos crypto traders usually chase. While most eyes remain glued to fast-moving narratives, IMX price has been quietly grinding inside a weekly

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