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Stay updated on stock market news covering individual stocks, earnings reports, analyst ratings, market trends, and major corporate developments. Follow leading companies across sectors including technology, finance, healthcare, energy, and consumer goods as investors react to economic data, business performance, and global market events.
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3h ago
Bitcoin miners face renewed stress as Puell Multiple nears 2022 shutdown zone
Bitcoin's recent drop to $59.1K pushed short-term holders into a severe stress phase, with short-term holder whales carrying $16.4 billion in unrealized losses. Bitcoin ETFs have also seen the deepest drawdown on record, with an estimated $10.5 billion leaving since 12 October. Miner indicators worsened too, as the 30-day Puell Multiple slid to 0.74 and Miner Capitulation hit -21%, raising concerns that deteriorating conditions could echo 2022-style equipment shutdowns.
3h ago
13h ago
BlackRock seeks at least $5B in SpaceX shares ahead of IPO debut priced at $135
BlackRock (NYSE: BLK), led by Larry Fink, is seeking to purchase at least $5 billion in SpaceX shares ahead of the company's trading debut expected as soon as tomorrow. SpaceX said it sold the full 555,555,555-share IPO at $135 per share for an implied valuation of about $1.77 trillion, while retail orders topped $70 billion and Polymarket traders are pricing in high odds of a $1.8T–$2T market cap.
BTC
BTC+1.39%
13h ago