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Citi Zeroes Out ETF Inflow Forecast, Cuts Bitcoin Target to $82K
Coinspeaker50d agobearish
Citi Zeroes Out ETF Inflow Forecast, Cuts Bitcoin Target to $82K

Citigroup cut its 12-month Bitcoin price target to BTC $82,000 from $112,000 and its Ethereum price target to ETH $2,240 from $3,175 in a research note published July 1, 2026. The note simultaneously lowers its assumed net spot crypto ETF inflows over the next 12 months to zero, down from ...

PayPal (PYPL) Stock Looks Reasonable Even After A 85% Fall
Simply Wall St.50d agobearish
PayPal (PYPL) Stock Looks Reasonable Even After A 85% Fall

PayPal Holdings has been hit hard over the past five years. Yet at around US$43, valuation checks now lean cheap, which raises the question of whether the market is overly pessimistic or simply pricing in weaker profitability ahead. The stock is down about 85% over five years, which points to a major reset in how investors value PayPal’s earnings power. Management’s large cost cutting and AI focused restructuring can support margins over time, but execution risks around user engagement and...

Carnival (CCL) Stock Fair Value Falls After Softer Yield Guidance And Europe Demand Concerns
Simply Wall St.50d agobearish
Carnival (CCL) Stock Fair Value Falls After Softer Yield Guidance And Europe Demand Concerns

Carnival’s analyst fair value estimate has been revised from US$37.70 to US$35.60, a cut of about 5.6% that resets expectations for where the stock might trade over time. This shift comes as analysts weigh better cost execution and fuel savings against softer yield guidance, patchy European demand, and geopolitical risks that could affect booking trends. Read on to see what is behind the split views on Carnival and how you can track the story as the narrative evolves. Stay updated as the Fair...

Sea Limited’s (SE) Shopee Cuts Developer Jobs
Insider Monkey50d agobearish
Sea Limited’s (SE) Shopee Cuts Developer Jobs

Sea Limited (NYSE:SE) is one of the 10 Fastest Growing Asian Stocks to Buy Now. On June 11, 2026, Sea Limited’s (NYSE:SE) Shopee is cutting hundreds of developer jobs globally, Bloomberg’s Josh Xiao, Tao Zhang, and Olivia Poh reported. The reductions affect roles such as quality assurance and amount to about 8% of Shopee’s developer […]

Has Comcast (CMCSA) Fallen Too Far To Be Undervalued?
Simply Wall St.50d agobearish
Has Comcast (CMCSA) Fallen Too Far To Be Undervalued?

Comcast stock has fallen sharply over the past few years, yet on current checks it still screens as cheap. This sets up a clear tension between weak share price performance and what the valuation metrics are implying today. Over the past 5 years Comcast has delivered a total return of about 46.5% in decline, which means long term holders have seen substantial value eroded even before factoring in the latest swings in sentiment. Planned moves like spinning off NBCUniversal and Sky into a...

Will DigitalOcean’s (DOCN) Shift Into Russell 1000 and Midcap Indexes Change Its AI Investment Narrative
Simply Wall St.50d agobearish
Will DigitalOcean’s (DOCN) Shift Into Russell 1000 and Midcap Indexes Change Its AI Investment Narrative

DigitalOcean Holdings, Inc. was recently added to the Russell 1000, Russell 1000 Growth, Russell 1000 Dynamic, Russell Midcap, and related growth benchmarks, while being removed from the Russell 2000 and associated indexes as part of FTSE Russell’s semi-annual reconstitution that took effect on June 29, 2026. This index migration reflects DigitalOcean’s increased scale and index eligibility, potentially broadening its shareholder base as more passive and benchmarked funds track the...

Micron Stock Drops But Memory-Chip Prices Keep Rising
Barrons.com50d agobearish
Micron Stock Drops But Memory-Chip Prices Keep Rising

FEATURE Micron Technology stock was falling early Wednesday amid a wider selloff in technology stocks. However, prices for its memory chips are only heading upward. The shares were down 3.2% in premarket trading.

Crypto Weekly: Trump's huge profits, Citi cuts bitcoin forecast
Reuters Videos50d agobearishVIDEO
Crypto Weekly: Trump's huge profits, Citi cuts bitcoin forecast

<body><p>STORY: From the U.S. President's big crypto profits to Citigroup cutting its forecasts for bitcoin and ether...</p><p>This is Crypto Weekly.</p><p>:: Crypto Weekly</p><p>:: Trump scores big crypto profits</p><p>U.S. President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year.</p><p>That's according to a review of his latest financial disclosures.</p><p>It showed how Trump now derives most of his income from digital assets that have benefited from his policies.</p><p>The filings disclosed his companies received almost $800 million from the crypto venture he and his sons co-founded, called World Liberty Financial.</p><p>He also reported another $635 million from the sale of his Trump meme coins.</p><p>:: Citigroup trims bitcoin and ether forecasts</p><p>Citigroup slashed its 12-month forecasts for bitcoin and ether.</p><p>It lowered its bitcoin target to $82,000 from a previous $112,000, while ether also dropped to just over $2,200 from above $3,000.</p><p>Citigroup said weaker investor interest and negative exchange-traded fund flows hurt the outlook for the two largest cryptocurrencies.</p><p>The lender also blamed a lack of progress on U.S. digital asset registration.</p><p>:: British investors suing Binance</p><p>Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least $200 million.</p><p>They allege&nbsp;the crypto trading platform sold them risky, complex derivative products without regulatory authorisation.</p><p>Some of the claimants claim they lost tens of thousands of dollars.</p><p>Binance vowed to defend itself but didn't comment further on ongoing litigation.</p><p>:: Crypto firms bankroll U.S. midterms</p><p>And cryptocurrency companies have spent $189 million so far to influence this year's U.S. midterm elections.</p><p>That's according to a new report from the consumer advocacy organization Public Citizen.</p><p>The figures outpaces&nbsp;their spending for the previous election cycle.</p><p>Public Citizen added more than one-third of all corporate money contributed to this year's November elections, and primary elections leading up to them, has come from the crypto industry.</p></body>

JD Sports falls on read-across from Nike warning
Proactive50d agobearish
JD Sports falls on read-across from Nike warning

JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) shares fell on Wednesday after results from major partner Nike Inc (NYSE:NKE) pointed to weaker sales ahead and continued pressure on consumer demand. The sports fashion retailer was down 2.3% at 82.78p, as investors read across from Nike’s...

SELLAS Life Sciences Group (SLS) Stock Looks Above Fair Value Before Key Trial Data
Simply Wall St.50d agobearish
SELLAS Life Sciences Group (SLS) Stock Looks Above Fair Value Before Key Trial Data

SELLAS Life Sciences Group stock has surged over the past three years, yet its low overall value score and rich market multiples leave investors weighing a strong price run against signals that the shares may already be pricing in a lot of good news. A roughly 8.5x return over 3 years places SELLAS Life Sciences Group among the stronger movers in biotech, which can heighten the risk that expectations get ahead of fundamentals. Anticipation around the Phase 3 REGAL AML trial readout and...

BigBear.ai (BBAI) Stock Loses Russell Index Spots And Investor Visibility
Simply Wall St.50d agobearish
BigBear.ai (BBAI) Stock Loses Russell Index Spots And Investor Visibility

BigBear.ai Holdings (NYSE:BBAI) has been removed from several Russell indices, including the Russell 3000E and Russell Microcap. The changes affect related benchmark and value/growth segments, altering the stock's presence in widely followed index families. Index removal can influence trading activity, shareholder mix, and how visible the company is to institutional investors that track these benchmarks. BigBear.ai Holdings, trading at $3.67, is coming under fresh scrutiny after this index...

Citi cuts bitcoin, ether forecasts as ETF flows turn negative
Reuters50d agobearish
Citi cuts bitcoin, ether forecasts as ETF flows turn negative

Citigroup slashed its 12-month forecasts for bitcoin and ether, saying weakening investor appetite, negative ‌exchange-traded fund flows and a lack of progress on ‌U.S. digital asset legislation have hurt the outlook for the two largest cryptocurrencies. The ​brokerage, in a note dated Tuesday, lowered its target for bitcoin to $82,000 from $112,000 and trimmed its ether forecast to $2,240 from $3,175. Bitcoin was last trading at $58,864.27, its weakest level since September 2024, having halved in ‌value from an all-time ⁠high of $126,223.18 in October last year.

DigitalOcean (DOCN) Joins The Russell 1000 In A Milestone For Its Growth
Simply Wall St.50d agobearish
DigitalOcean (DOCN) Joins The Russell 1000 In A Milestone For Its Growth

DigitalOcean Holdings (NYSE:DOCN) has been promoted to the Russell 1000 Index as part of the latest FTSE Russell reconstitution. The change adds DigitalOcean to a wider set of large cap benchmarks that are tracked by many institutional investors. The company’s shares most recently closed at $157.03. DigitalOcean Holdings enters the Russell 1000 at a time when its stock has shown strong multi year gains, including a 220.7% return year to date and a return over the past year that is very...

Removal From Russell Growth Indexes Could Be A Game Changer For Norwegian Cruise Line Holdings (NCLH)
Simply Wall St.50d agobearish
Removal From Russell Growth Indexes Could Be A Game Changer For Norwegian Cruise Line Holdings (NCLH)

In late June 2026, Norwegian Cruise Line Holdings Ltd. was removed from several major Russell growth benchmarks, including the Russell 1000 Growth and Russell Midcap Growth indexes, following the latest index reconstitution. This wave of index deletions can alter how passive funds and benchmark-aware investors treat the stock, potentially changing its role in diversified portfolios. We will now look at how Norwegian’s removal from multiple Russell growth indexes influences its investment...

Galloway drops grim take on SpaceX IPO danger
TheStreet50d agobearish
Galloway drops grim take on SpaceX IPO danger

SpaceX went public on Nasdaq on June 12 with a $75 billion raise and a valuation that eclipsed every initial public offering in history. The stock surged 19% on its first day of trading, closing at $160.95 and briefly trading near a $2.25 trillion intraday valuation before paring gains to finish ...

Bloomberg50d agobearish
Bitcoin Falls to 21-Month Low on Strategy, Rate-Hike Fears

(Bloomberg) -- Bitcoin fell to a fresh 21-month low as the prospect of higher interest rates and concerns about the largest corporate buyer of the token weakened sentiment.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersIran Ratchets Up Talk of Controlling Hormuz Before New TalksBitcoin dro