Dogecoin's price has fallen nearly 70% over the past year to about 7 cents, yet speculative futures bets on the token have surged to levels last seen in October 2025. Open interest in DOGE futures contracts has risen to approximately $1.21 billion, with the number of coins involved close to the October 2025 peak, even though the price per coin is much lower. On major exchanges like Binance and OKX, long positions outnumber shorts by more than three to one, indicating strong bullish bets despite the falling price. This mismatch raises the risk of forced liquidations and further selling pressure if prices decline further, as leveraged positions may be automatically closed, adding to market selling.
Priority Technology Holdings is being taken private in a $1.6 billion deal led by its Chairman and CEO, Thomas Priore. The acquisition price is $8.05 per share, matching the analyst price target set by Lake Street, which downgraded the stock to 'Hold...
General Mills is set to report its Q3 2026 earnings with an expected 16.3% decline in earnings per share to $0.72 and revenue forecast around $4.35 billion, down from last year. Despite these declines, the company reaffirmed its full-year adjusted EP...
Boeing is experiencing ongoing production challenges with its 737 MAX aircraft, causing delays and a recent 3.7% stock drop. Jefferies lowered its price target to $265, still implying a 32% upside from current prices, reflecting cautious optimism. Ba...
Elemental Royalty Corporation has agreed to acquire a $290 million portfolio of precious metals streams and royalties from Orion Mine Finance, boosting its revenue, scale, and exposure to producing assets in North America. Concurrently, Elemental is ...
Jefferies downgraded eBay to 'Underperform' and lowered its price target to $75 from $80 due to expected earnings pressure and slowing advertising revenue growth. The broker cut its 2027 and 2028 EBITDA estimates below consensus, highlighting a trend...
