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BlackRock IBIT investors are now nursing a 40% loss

2024 was a massive turning point for crypto. After years of regulatory back and forth, a few of the biggest asset managers in the world were allowed to offer spot Bitcoin (BTC) exchange-traded funds (ETFs).

Why Acadia Pharmaceuticals Stock Is Soaring Today

Already recovering from weakness suffered early this year, Acadia Pharmaceuticals (NASDAQ: ACAD) shares were outright catapulted higher today. Indeed, the pharmaceutical stock's 12.2% gain as of 12:17 p.m. ET Friday has…

Is SpaceX Overvalued Right Now?

The Space Exploration Technologies (NASDAQ: SPCX) IPO was the biggest, and arguably the most divisive, in history. It raised about $75 billion, and for a brief period on June 16, it surpassed Microsoft and Amazon -- two…

World stocks edge lower as tech selloff drags markets

NEW YORK, June 26 (Reuters) - Global equity markets edged lower on Friday and were set for a weekly decline, as continued profit-taking drove a selloff in technology and chip ‌stocks, while crude oil prices slumped as m…

SpaceX stock on track to shed 18% this week

SpaceX (SPCX) is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs.

Oversold Conditions For Ecovyst (ECVT)

In trading on Thursday, shares of Ecovyst Inc (Symbol: ECVT) entered into oversold territory, hitting an RSI reading of 27.4, after changing hands as low as $11.785 per share. By comparison, the current RSI reading of t…

Oversold Conditions For Bitwise Bitcoin Etf (BITB)

In trading on Thursday, shares of Bitwise Bitcoin Etf (Symbol: BITB) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $31.49 per share. By comparison, the current RSI readi…

Bitwise 10 Crypto Index (BITW) Enters Oversold Territory

In the case of Bitwise 10 Crypto Index, the RSI reading has hit 29.4 — by comparison, the RSI reading for the S&P 500 is currently 44.6. A bullish investor could look at BITW's 29.4 reading as a sign that the recent hea…