California Resources (CRC) is set to benefit from a regulatory compromise allowing thousands of new oil wells in Kern County while imposing stricter offshore drilling rules. The company's merger with Berry Corporation improves operational efficiency, and emerging carbon capture initiatives could unlock further unconventional oil production in California. These developments position CRC for growth amid evolving state energy policies, supported by its strong financials and strategic regulatory navigation.
Defiance ETFs announced a temporary trading halt of its Defiance Daily 2X Space ETF (SPCL) on the Cboe BZX Exchange starting June 14, 2026, due to significant market volatility linked to SpaceX's recent IPO and NASDAQ debut. The halt is expected to l...
In May, consumer prices for computer software and accessories surged 14.5% year-over-year, marking the largest increase since 2000. This spike is driven by AI data centers consuming most of the global chip supply, causing RAM prices to soar nearly 29...
Michael Saylor explained that Bitcoin treasury firms should use multiple metrics to assess Bitcoin exposure. Bitcoin Per Share (BPS) measures Bitcoin per common share before accounting for senior claims like debt and preferred stock, reflecting growt...
XRP recently fell below its crucial $1.32 support, trading around $1.15 amid a bearish trend. However, on-chain data reveals strong network activity with over one million daily transactions and high payment volumes, indicating sustained usage despite...
The Bank of Japan and Federal Reserve meetings on June 15-17 could cause significant market volatility, especially for cryptocurrencies. The BOJ may consider a rate hike due to a weakening yen and rising import costs, while the Fed is expected to hol...
