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Stocks

BitMine Accelerates Accumulation of ETH As Tom Lee Issues Midterm Bearish Outlook 

The post BitMine Accelerates Accumulation of ETH As Tom Lee Issues Midterm Bearish Outlook  appeared first on Coinpedia Fintech News Bitmine Immersion Technologies, Inc. (NYSE: BMNR) has accelerated its accumulation of Ethereum (ETH). The company acquired 35,628 ETH last week, valued at around $110 million at press time. The strategic acquisition increased its ETH holdings

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Investing

Nikkei 225 Index at risk as Citi warns on BoJ rate hikes

The Nikkei 225 Index retreated by over 1.2% on Tuesday, continuing a downtrend that has been going on in the past few days. It retreated to a low of ¥52,930, down from the year-to-date high of ¥54,515. This retreat may continue if the Bank of Japan (BoJ) maintains a highly hawkish tone as Citi expects.

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Investing

Pop Mart share price jumps after buyback, but H&S pattern points to a retreat

Pop Mart’s share price jumped by over 8% on Tuesday, its best performance in five months, as investors cheered its new share buyback program. It rose to an intraday high of H$ 198, up substantially from this month’s low of H$174. It remains 42% below its highest point this year. Pop Mart share price jumps

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Investing

Here’s why the Wise share price has gone parabolic today

Wise share price rose sharply on Tuesday after the British fintech giant published encouraging financial results and maintained its focus on executing a dual-listing. It rose by nearly 13%, reaching its highest level since November 25. Wise business is doing well despite rising competition  Wise, formerly known as TransferWise, is a top British company that

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Investing

Robinhood share price forecast as the crash continues

Robinhood stock price has crashed into a bear market this year as sellers remained on the sidelines. HOOD dropped to a low of $108.75, its lowest level since November 24, and ~30% below the highest level in October last year. This article explores whether the stock will rebound or continue falling this year. Robinhood stock

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Investing

GE Aerospace stock forecast ahead of earnings: buy, sell, or hold?

GE Aerospace stock price continued its strong bull run this year and was trading at $325. It has jumped by 105% from its lowest point in April last year and is hovering near its all-time high of $332.5. This surge has brought its market cap to over $342 billion. Will the GE shares jump after

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Investing

Here’s why the ServiceNow stock price is tanking

ServiceNow stock price has been in a strong freefall in the past few months, moving to its lowest level since November 2023. It has dropped in the last five consecutive weeks, its longest losing streak in years. NOW has plunged by nearly 50% from its highest level in 2024, with its market dropping from $250

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Investing

3M stock price forecast ahead of earnings: will it surge to $200?

3M stock price has wavered in the past few months as investors focus on the company’s turnaround efforts. MMM was trading at $167.80 on Tuesday, a few points below the December high of $174.53. This article provides a forecast ahead of the upcoming earnings. 3M turnaround is continuing  3M is a top American industrial company

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Investing

Copper price analysis beyond the crucial support zone

Comex copper price paused on the losses recorded late last week as the bulls successfully defend the crucial resistance-turned-support level of $5.85. At the time of writing, the asset was trading at $5.90. A weaker US dollar and supply concerns continue to support the red metal. However, the short-term demand outlook remains foggy as China

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Economy

Valentino, founder of Italian luxury empire, dies at 93

ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known only by his first name, Valentino was 93, and had retired in 2008. Founder of the eponymous brand, Valentino scaled the heights of haute couture, created a business empire and introduced a new color to the fashion world, the ‘Valentino

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