Plug Power stock sinks even as turnaround story builds, short interest hits 27.4%
Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from their highest level this year and have slipped below the 200-day moving average, while short interest remains elevated despite the
U.S.-Iran Memorandum Collapse, Strait of Hormuz…
Rising Middle East tensions and policy uncertainty are driving a flight-to-safety, bolstering the U.S. Dollar while elevating energy-related inflation risks. Escalation of Middle East Conflict The geopolitical landscape in the Middle East has entered a period of acute instability following the effective collapse
EU Securities Regulator ESMA Launches Crypto Custody Review…
The European Securities and Markets Authority (ESMA) has opened a coordinated review of how crypto-asset service providers (CASP) safeguard client holdings, placing custody operations under direct scrutiny as the EU’s Markets in Crypto-Assets (MiCA) regulation shifts from transition into active supervision. ESMA announced
Here’s the key risk facing the Palo Alto Networks stock today
Palo Alto Networks stock continues its strong uptrend this week and is now hovering at its all-time high. PANW jumped by 156% from its lowest point this year, with analysts expecting more gains. BNP Paribas predicts that PANW will jump from the current
SanDisk stock drops as Samsung-led chip selloff hits memory sector
Shares of SanDisk Inc. (SNDK) fell sharply in trading on Tuesday as a broad selloff in memory-chip stocks spread from South Korea to US markets despite strong preliminary earnings from Samsung Electronics. SanDisk shares declined 8% after falling 23% over the previous three
Galaxy Delivers 133 MW To CoreWeave In Major Bitcoin…
Galaxy Digital has completed the first phase of its Helios campus in West Texas and begun earning lease revenue, delivering 133 MW of critical IT load to CoreWeave under a 15-year agreement. The company met its Phase I schedule and drew that load
Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase
Sandisk stock price has suffered a harsh reversal recently as the recent bull run hits a wall. SNDK dropped by 14% on Friday, reaching its lowest level since June 11. It has now slumped by 25% this year, even as top Wall Street
Oracle shares rose as investors reassess AI-driven sell-off
Oracle Corp. (ORCL) shares gained 1.3% on Monday as investors returned to the stock following a sharp, debt-driven sell-off, amid improving broader market sentiment. The recovery also came as broader market sentiment improved, with the Nasdaq Composite gaining 0.95% and the S&P 500
Ripple Secures Full MiCA License To Offer Crypto Services…
Ripple has received full authorisation of its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSFF), completing its Markets in Crypto-Assets (MiCA) requirements and clearing the company to offer regulated crypto asset services across all 30 countries
Dow Jones index hits record high as these stocks lead the rally
The Dow Jones Index jumped to a record high last week, helped by strong performance of some traditional companies. It jumped to a high of 52,905, up by 17% from it lowest level this year. This article highlights some of the top companies