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Nio stock dropped below a crucial support level this week, reaching its lowest level since July 2025. It has dropped by 45% from its highest point last year and 38% from the year-to-date high. This crash will be in the spotlight as traders wait for its earnings on September 1.Nio stock loses key support ahead of earningsThe daily chart shows that the Nio share price has been in a strong freefall in the past few months, moving from the year-to-date high of $7 in April 17 to the current $4.36. A closer look shows that the stock has plunged below…
Dogecoin cryptocurrency can be expected to fall further to the next support level 0.8500 – target price for the completion of the active minor corrective wave iv. Dogecoin reversed from round resistance level 0.1000 Likely to fall to support level 0.8500 Dogecoin cryptocurrency recently reversed down from the resistance zone between the strong round resistance level 0.1000 (former support from May, as can be seen from the daily Dogecoin chart below), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse C May. The downward reversal from this resistance zone stopped the previous minor impulse waves 1…
A federal jury convicted Las Vegas business owner Brent C. Kovar on Monday for defrauding at least 400 investors of $24 million through a cryptocurrency Ponzi scheme, exposing him to a statutory maximum of 280 years in prison. Kovar owned Profit Connect, a Las Vegas company that told investors it ran artificial intelligence software on a supercomputer to mine cryptocurrency and verify other cryptocurrency transactions. Jurors found that the operation earned no real profits and instead recycled investor money to sustain the appearance of a working business, capping a case that federal prosecutors built across a nine-day trial. How Profit…
Salesforce shares have extended their rally and are now testing a key resistance zone as traders turn their attention to Wednesday’s earnings report. CRM has climbed into the $210 area this week, a level that lines up with the stock’s high point back in June, making it a natural spot to watch for how price reacts.That resistance will face its real test on Wednesday, when Salesforce reports second-quarter earnings after the closing bell.Salesforce stock hits a crucial resistance levelThe daily chart shows that the CRM stock has been in a strong rally in the past few months, moving from a…
Bitcoin (BTC/USD) remains close to three-month highs after a strong rebound brought digital assets back into focus. The cryptocurrency has gained more than 20% over the past week and approached $80,000, supported by changing conditions in the US bond market, renewed investor demand and a return of the debasement trade. Bitcoin opened above $77,500 on Monday, 24 August, after reaching around $79,500 on Friday. US Treasury policy has played an important role in the latest move. The Treasury Department recently announced that it will at least double the maximum size of liquidity-support buybacks for longer-dated government securities from September, increasing…
Treasury Secretary Scott Bessent unveiled a sweeping new campaign of economic sanctions against Iran on Monday, threatening to cut off dollar access to any country or institution that helps Tehran and predicting a major financial institution will be sanctioned within days. It marks a sharp escalation in a war now in its sixth month, one that has choked traffic through the Strait of Hormuz and driven Iran’s currency to record lows, as Washington bets that economic pressure can achieve what military strikes have not. Bessent named the effort “Operation Economic Outcast” and cast it in wartime terms. “We are launching…
Crypto tokens associated with President Donald Trump are plunging this weekend as his approval rating sinks to a new low. Official Trump (TRUMP) meme coin dropped to $2.488, down by 32% from its highest level on Saturday. WLFI and TRUMP tokens have slumpedSimilarly, the WLFI token dropped to $0.057, down sharply from the weekend high of $0.075. These two tokens have all shed billions of dollars in value, even as Trump raked in billions of dollars in revenue.The ongoing crash has also coincided with the ongoing DJT stockcrash. Trump Media stock was trading at $9.10 on Friday, down sharply from the…
Tesla’s December options board prices a 37% rally and a 31% collapse as very nearly the same bet. The $500 call, 37.4% above Friday’s close, carries a risk-neutral probability of about 10.5%. The $250 put, 31.3% below it, prices at about 10.8%. Both are heavily owned — 17,062 and 11,341 contracts of open interest on the 18 December 2026 expiry. For most large-cap equities the downside tail is priced meaningfully fatter than the upside one. In Tesla’s case the two tails are, to within a third of a percentage point, the same size. That symmetry is the single most useful…
Moderna (NASDAQ: MRNA) gave back a large piece of its historic cancer-vaccine surge on Thursday, falling about 24% to $133.32, according to on-chain data, a day after it soared 177% on the first positive Phase 3 result for an mRNA cancer vaccine. The stock steadied in Friday’s pre-market, trading slightly higher around $134. Even after the drop, Moderna is still up more than 110% on the week and over 300% for the year, so this was the market reconsidering the size of a one-day move, not unwinding the breakthrough behind it. FinanceFeeds covered the science and the record rally when…
Marvell stock price has pulled back from its weekly highs as investors adjusted to the recent deal with Google on custom chips. MRVL dropped to $235, a few points below this week’s high of $252. It remains in a local bear market after dropping by nearly 30% from its highest point this year, with its upcoming earnings on August 27 being the next big catalyst.Marvell Technology to publish earnings after the Google dealMRVL, an Nvidia-backed company, will be in the spotlight next week as it releases its earnings report. This report will come a week after the company inked a…