Western Digital’s stock has been under pressure since June, when it peaked at $800. Since then, it has fallen more than 52% to its current price of $378, with its market capitalization shrinking from $257 billion to $141 billion. Investors are now looking to the company’s upcoming earnings report as a potential catalyst that could
Bitcoin has repeatedly recovered from tests of $80,000 since Thursday, reinforcing the level’s importance as both psychological and technical support. The buying has helped contain the latest pullback, but it has not yet produced a decisive recovery. Resistance around $83,000 continues to limit advances. Repeated rebounds indicate demand near $80,000, although price action alone cannot
Ethereum bounced around $2,400 over the last 24 hours, extending a six-day pattern of recoveries as buyers absorbed selling beneath the level. The area has helped stabilize ETH during a period of macroeconomic pressure and persistent withdrawals from investment funds. It also provided support during consolidation from late August to mid-September. The latest defense coincides
Strategy (MSTR) stock has traded within a narrow range over the past few days as Bitcoin’s rally has lost momentum. The stock was trading at $142.70, down from its September high of $170. However, this period of consolidation could be the calm before the storm, especially after JPMorgan issued a bold prediction about Bitcoin’s future
Oil prices rose above $110 a barrel on Tuesday as renewed attacks in the Middle East outweighed the prospect of easier Russian energy exports, keeping Brent near a five-month high. Brent futures gained 0.5% to $110.10 by 0319 GMT, after reaching $110.70 on Monday, their highest since May 20. US West Texas Intermediate for November
Medical Properties Trust stock continued its strong downward trend, reaching its lowest level since February 2024. MPT has slipped by 53% from the year-to-date high, even as the company has made efforts to extend its maturities. Over time, its market capitalization has slumped from over $15 billion to $1.68 billion, and technicals suggest that it
The Nasdaq Composite rose on Monday as investors returned to technology and artificial intelligence-related stocks following last week’s sharp selloff, while markets looked ahead to earnings from major US companies. The tech-heavy index gained 1.1%, while the S&P 500 advanced 0.4%. The Dow Jones Industrial Average finished slightly below the flatline. The rebound followed a
Crude oil prices continued the upward trend, reaching its highest level since May 20 as the crisis in the Middle East gained momentum. Brent, the global benchmark, rose to $110, while West Texas Intermediate (WTI) moved to $99.05, well above its July low of $67. Iran continues to shoot ships Brent and West Texas Intermediate
Trump Media stock continued its strong downward trend, reaching its lowest level on record as headwinds jumped. DJT fell to $6.9, down by 60% from its highest point this year and 33% below its highest point in August. This sell-off may continue as the company faces some major headwinds. Trump Media is facing headwinds DJT
Oil prices edged lower on Friday, but the inability of Brent to retreat decisively from $105 is exposing a problem that additional barrels alone may not solve: moving crude safely and cheaply. Brent fell about 0.7% to $105.21 a barrel, while West Texas Intermediate slipped 0.8% to $97.20. Both remained on course for weekly gains,