Economy

Economy
Economy

Caterpillar stock faces a major risk of a reversal amid valuation risks

Caterpillar stock price has pulled back in the past few days, moving from the year-to-date high of $947 on June 4 to the current $856. This retreat happened after it formed the risky double-top pattern on the daily chart.  Valuation concerns remain amid the AI boom  Caterpillar, a top industrial company known for making large

Read More
Economy

Will renewed retail interest push Hyperliquid towards $60?

Hyperliquid (HYPE) is trading higher on Thursday, recovering above the $56 level after finding strong support around a key technical zone in the previous session.  The rebound is being supported by improving derivatives positioning and a broadly constructive technical structure, suggesting potential for a short-term recovery. The technical indicators remain bearish but are no longer

Read More
Economy

Nvidia, AMD, Arm stocks rally as BofA sees $170B agentic AI opportunity

Semiconductor stocks rallied on Thursday after Bank of America identified agentic AI as the next major growth catalyst for the industry, creating a potentially massive opportunity for chipmakers ranging from Nvidia and Advanced Micro Devices to Intel and Arm Holdings. The brokerage’s bullish outlook helped lift shares across the sector. AMD rose about 6%, Intel

Read More
Economy

Oobit data shows crypto moving from investment to everyday spending

The regulatory framework for crypto assets in the United States is beginning to take shape. However, even as regulatory clarity improves, a key question remains: who will control the final layer of crypto commerce? In a recent CCN opinion article, Oobit CEO Amram Adar argued that the answer will be determined by infrastructure rather than

Read More
Economy

Dogecoin stays below $0.085 as retail sentiment remains weak

Dogecoin (DOGE) is up by less than 1% on Thursday, climbing towards $0.085 despite a generally risk-off environment across cryptocurrency markets. The recovery comes as large holders, commonly known as whales, appear to have paused recent profit-taking activity, temporarily easing selling pressure.  However, retail investors remain cautious, with futures market participation continuing to decline. The

Read More
Economy

KuCoin unveils Crypto Cup with up to 1.4M USDT reward pool

KuCoin has unveiled a global football-themed cryptocurrency campaign that will allow users to compete for rewards worth up to 1.4 million USDT across its platform ecosystem. Named the KuCoin Crypto Cup, the campaign will run from June 11 through July 20, 2026. It is designed to connect several parts of the exchange’s ecosystem, including trading,

Read More
Economy

BNB slides as ETF enthusiasm fades and bearish signals mount

BNB faced renewed selling pressure after being rejected near $608 on June 9 and falling back below $585. The decline has extended losses from its recent peak of $720, leaving the token down more than 16% from that high. The pullback marks a sixth consecutive day of declines, effectively erasing a short-lived rally that had

Read More
Economy

Cracker Barrel stock soars 30% as earnings beat sparks short squeeze

Cracker Barrel Old Country Store CBRL shares surged on Wednesday after the restaurant chain reported better-than-expected fiscal third-quarter results and raised its full-year outlook. The strong report prompted analysts to increase price targets and helped fuel a sharp short squeeze in the stock. The stock climbed as much as 30% during morning trading. The rally

Read More
Economy

Tesla stock slips another 1.5% today: what’s behind the recent decline?

Tesla stock (TSLA) moved lower in early trading on Wednesday as renewed tensions in the Middle East weighed on broader market sentiment and pushed oil prices higher. Shares of the electric-vehicle maker fell 1.5% to $390.91 in early trading. The stock plunged around 3% on Tuesday. The decline came as US equities weakened after President

Read More
Economy

What next for Litecoin after dropping below $43? Check forecast

Litecoin (LTC) remains under heavy pressure, trading below $43 on Wednesday following a massive decline last week.  The broader trend across the market remains weak, and LTC continues to underperform as bearish sentiment builds in derivatives and spot markets. Concerns are rising that LTC could soon test the $40 psychological level, with momentum still tilted

Read More