Bitcoin recently broke out and reached a key resistance level at $82,350 before pulling back. The price action has shifted into an ascending channel, suggesting potential for another attempt to surpass the critical macro high of $82,825. If bulls maintain momentum, a breakout could lead to a significant rally possibly targeting $95,400, which would signal a shift back to a bullish trend. However, if resistance holds, a short-term pullback to support levels around $78,530 or lower could occur before any further upward movement. Overall, the bullish trend remains intact unless prices fall below $69,000, which would raise concerns about a deeper correction.
Elon Musk's Tesla and SpaceX are both pursuing leadership in AI but with very different approaches. Tesla focuses on AI-powered robotics and autonomous vehicles, investing heavily in chip production and Robotaxi expansion, though it currently faces n...
DHT Holdings saw a 45.4% sequential rise in VLCC spot market day rates in Q2, driving a 23.1% rally in its share price and strong dividend prospects with a forward yield of 24%. The company's low operating costs, young fleet, and reduced debt positio...
Procter & Gamble reported weak fiscal year 2026 results with only 1% organic sales and core earnings per share growth. The company forecasts modest 1–3% organic sales growth for fiscal year 2027 amid challenges from rising private label competition, ...
RBC Capital Markets has increased its price targets for B&M European Value Retail and Currys, citing more competitive homewares pricing from international fashion retailers like Zara and H&M. B&M's price target rose to 275p from 240p due to improved ...
A new wallet on the decentralized Hyperliquid platform deposited $700,000 and opened a 6x leveraged long position on 1.02 billion $PUMP tokens worth about $4.7 million. This aggressive move exceeds the usual 3x leverage limit and signals strong specu...
