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Crypto Stocks Drop. Strategy, Circle Down Around 8%; BitMine Down 5%; CleanSpark, MARA Down over 4%; Riot Platforms, Bullish Down over 3%
Crypto stocks dropped on Tuesday. Strategy, Circle down around 8%; BitMine down 5%; CleanSpark, MARA down over 4%; Riot Platforms, Bullish down over 3%.Tiger News
Tue, Jun 30
Cryptocurrencies
Benchmark doubles down on $570 target for Strategy's MSTR as Saylor unveils capital overhaul
The verdict has started to come in response to Strategy’s June 29 announcement of its five-part capital management framework, with Benchmark Equity Research doubling down on its Buy rating of the MSTR stock, along with a $570 price projection. As of writing, the MSTR stock was trading at $92.68, up nearly 13% from $82.31 when...Cryptopolitan
Tue, Jun 30
Stocks
Chip Stocks Shine. Philadelphia Semiconductor Index Jumps 1.6%; SOXL, Wolfspeed up over 5%; Astera Labs, ONsemi, Credo up Around 4%; Lam Research, ASML up over 3%
Chip stocks shined on Tuesday. SOXL, Wolfspeed up over 5%; Astera Labs, SanDisk, ON Semiconductor, Credo up around 4%; Lam Research, ASML up over 3%.Tiger News
Tue, Jun 30
Market Movers
Watsco Inc Stock (WSOb) Opened Up by 9.79% on Jun 30: Facts Behind the Movement
• Watsco Class B shares experienced significant upward volatility due to low trading liquidity. • Price spikes result from technical factors rather than changes in core business fundamentals. • Analysts recommend the liquid Class A shares for tracking accurate market valuation.
TradingKey
Tue, Jun 30
Stocks
Dow Opens Flat as It Heads for Best First Half in 5 Years, Nasdaq Set for Best Quarter Since 2020
U.S. stocks were little changed on Tuesday as oil prices traded above $70 per barrel amid uncertainty surrounding the conflict in the Middle East. However, Wall Street was still set to close out a strong first half and second quarter.The Dow Jones Industrial Average traded around the flatline. The S...Tiger News
Tue, Jun 30
Cryptocurrencies
Chile revokes Plusspay crypto license over Tren de Aragua money laundering links
The cryptocurrency platform, Plusspay, has had its registration revoked by Chilean regulators after investigators tied the company to a laundering operation run by Venezuelan criminal organization Tren de Aragua. With the registration canceled, Plusspay has been stripped of any ability to serve clients in the country. It is also expected to return all deposits to...Cryptopolitan
Tue, Jun 30
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Top News
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Western Digital (WDC) Surges 12.5% to $548 - Kioxia Merger Talks, $900 Analyst Target
Market Movers
Arrowhead Pharmaceuticals Inc Stock (ARWR) Closed Up by 19.04% on Jul 22: What Signal Does It Send?
5 hours ago
ARWR
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Circle Internet Group Inc Stock (CRCL) Moved Down by 7.64% on Jul 22: Facts Behind the Movement
6 hours ago
CRCL
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Penske Automotive Group Inc Stock (PAG) Moved Up by 10.22% on Jul 22: What Signal Does It Send?
6 hours ago
PAG
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