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Stocks Tumble as the Rout in Chipmakers Deepens
Barchart19d agobearish
Stocks Tumble as the Rout in Chipmakers Deepens

The S&P 500 Index ($SPX ) (SPY ) today is down -1.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.23%. September E-mini S&P futures (ESU26 ) are down -0.95%, and September E-mini Nasdaq futures...

Riot Platforms (RIOT) Faces Overvaluation Questions, Is The Insider Selling A Warning Sign?
Simply Wall St.22d agobearish
Riot Platforms (RIOT) Faces Overvaluation Questions, Is The Insider Selling A Warning Sign?

Riot Platforms (RIOT) is back in focus after commentary highlighted that its shares are trading well above estimated intrinsic value, while recent insider share sales, with no reported insider buying, have sharpened investor attention on potential downside risk. See our latest analysis for Riot Platforms. Riot Platforms’ share price has retreated in the short term, with a 7 day share price return of down 11.72% and a 30 day share price return of down 24.13%. However, the year to date share...

Riot Platforms Balances Cooling Lawsuit Risk With Nuclear Powered AI Ambitions
Simply Wall St.57d agobearish
Riot Platforms Balances Cooling Lawsuit Risk With Nuclear Powered AI Ambitions

Riot Platforms (NasdaqCM:RIOT) is facing a patent infringement lawsuit from Green Revolution Cooling Inc. related to data center cooling technology. The company has announced a collaboration with Terrestrial Energy to use molten salt nuclear reactors to power future AI data centers. Both developments focus on Riot's data center operations and potential future energy footprint for AI workloads. Riot Platforms, trading at $25.69, has been a volatile stock, with the share price up 81.4% year...

Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders
24/7 Wall St.59d agobearish
Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders

If you owned CoinShares Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) into Friday’s close, you watched it open at $69.36 and finish the day at $61.59, a 11.2% drop in a single session. The proximate cause is easy to name. Bitcoin printed a daily low of $59,073, breaking the $60,786 level that, until Friday, had marked the ... Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders

Stock Indexes Plunge as Tech Stocks Get Dumped
Barchart61d agobearish
Stock Indexes Plunge as Tech Stocks Get Dumped

The S&P 500 Index ($SPX ) (SPY ) today is down -1.00%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.08%. June E-mini S&P futures (ESM26 ) are down -1.11%, and June E-mini Nasdaq futures...