Market News

Here’s why the XRP price is in a deep dive today (May 28)

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… Continue reading Here’s why the XRP price is in a deep dive today (May 28)

Here’s why the crypto market is crashing today (May 28)

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… Continue reading Here’s why the crypto market is crashing today (May 28)

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

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

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

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

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… Continue reading Here’s why investors are shorting CoreWeave stock

Is the Rolls-Royce share price heading to its all-time high?

Rolls-Royce share price has rebounded this week, helped by the rising hopes of a US-Iran deal, and after a recent Bloomberg interview with its chief executive in which he highlighted the company’s turnaround efforts. It jumped to 1,260p, up substantially from this month’s low of 1,050p. Rolls-Royce CEO explains his turnaround strategy Rolls-Royce Holdings, one… Continue reading Is the Rolls-Royce share price heading to its all-time high?