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Exchange Stocks Fall After Perpetual Futures Approval
The Wall Street Journal80d agobearish
Exchange Stocks Fall After Perpetual Futures Approval

Exchange company stocks sold off Tuesday after the Commodity Futures Trading Commission last week laid out a framework for registered U.S. platforms to launch perpetual futures. Shares of CBOE Global Markets fell 8.

Top economist issues stark warning as Bitcoin crashes
TheStreet80d agobearish
Top economist issues stark warning as Bitcoin crashes

Bitcoin's sell-off deepened on June 2, falling below $67,000 and dropping roughly 13% over the previous seven days, per TradingView. The slide followed Strategy's first Bitcoin sale in years, a long run of outflows from U.S. spot Bitcoin ETFs, and the movement of roughly $739 million worth of ...

Tesla bull drops blunt take on gold rival
TheStreet80d agobearish
Tesla bull drops blunt take on gold rival

Tesla bull Ross Gerber just took a sharp swing at Bitcoin (BTC). This comes at a time when "king crypto" has slipped below its $70,000 mark for the first time since April, while its rival, gold, continues to hold the fort in green. Gerber is the co-founder and CEO of Gerber Kawasaki Wealth ...

Texas Supreme Court Limits Shipper Liability in Trucking Crash Case
FreightWaves81d agobearish
Texas Supreme Court Limits Shipper Liability in Trucking Crash Case

(The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.) On May 15, 2026, the Texas Supreme Court issued an important decision in In re Home DepotU.S.A., Inc. The court ruled that Home Depot cannot be held liable for a fatal motorcycle crashinvolving a Werner […] The post Texas Supreme Court Limits Shipper Liability in Trucking Crash Case appeared first on FreightWaves.

Assessing Commvault Systems (CVLT) Valuation After Q3 2026 Miss And New Class Action Lawsuits
Simply Wall St.81d agobearish
Assessing Commvault Systems (CVLT) Valuation After Q3 2026 Miss And New Class Action Lawsuits

Why the lawsuits matter for Commvault Systems (CVLT) shareholders Multiple securities class action lawsuits against Commvault Systems (CVLT) center on claims about Annual Recurring Revenue guidance following Q3 2026 results. These cases raise questions about disclosure, business quality, and how you weigh the stock’s recent performance. See our latest analysis for Commvault Systems. Since the sharp drop after Q3 2026 results, Commvault’s share price has rebounded, with a 30 day share price...

How The Chewy (CHWY) Story Is Shifting As Targets Fall And Execution Risks Rise
Simply Wall St.81d agobearish
How The Chewy (CHWY) Story Is Shifting As Targets Fall And Execution Risks Rise

Chewy’s fair value estimate has been nudged lower, with the price target moving from US$40.77 to US$39.85 per share, a small shift that still matters for how you frame the stock. That adjustment lines up with recent analyst research, where many firms have trimmed targets while keeping positive ratings. A more cautious group has flagged softer macro trends and tighter revenue and EBITDA expectations. As you read on, you will see how to track this evolving narrative and what to watch as new...

SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP Terms
Bloomberg81d agobearish
SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP Terms

(Bloomberg) -- More than 1,000 current and former SpaceX employees have banded together to negotiate with wealth management firms for better pricing and access to sophisticated tax-saving financial products ahead of an initial public offering that is set to turn many of them into multi-millionaires.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI Spe

The Only Public Space Stock Even Elon Musk Can’t Dismiss
24/7 Wall St.81d agobearish
The Only Public Space Stock Even Elon Musk Can’t Dismiss

Here’s the uncomfortable truth for anyone who wants exposure to the space economy: the company that dominates it isn’t public. SpaceX prints launches, prints Starlink revenue, and prints headlines. You can’t buy it. So when SpaceX itself bothers to name the rivals it actually watches, that list matters. The names cited include United Launch Alliance, ... The Only Public Space Stock Even Elon Musk Can’t Dismiss

Virgin Galactic Stock Plummets 34%. Here’s Why.
Barrons.com81d agobearish
Virgin Galactic Stock Plummets 34%. Here’s Why.

Space stocks have been all the rage lately, ahead of SpaceX’s massive initial public offering. Shares of the space tourism pioneer dived 34% in early trading on Tuesday to $5, while the was down 0.1%. Setting off the decline was the company’s announcement that it plans to pay back millions in debt by issuing stock.

Strategy Crashes 10%, Coinbase Falls 6% as Bitcoin Breaks $70,000 Floor in Day-Two Selloff
24/7 Wall St.81d agobearish
Strategy Crashes 10%, Coinbase Falls 6% as Bitcoin Breaks $70,000 Floor in Day-Two Selloff

Shares of Strategy (NASDAQ:MSTR) are down 10% in mid-morning trading Tuesday, while Coinbase (NASDAQ:COIN) stock is off 6%. The catalyst is the tape under both names: Bitcoin (CRYPTO:BTC) has broken below $70,000. Strategy stock is trading around $135 after a Monday close of $149.78. Coinbase stock is changing hands near $172 versus Monday’s $182.61 close. ... Strategy Crashes 10%, Coinbase Falls 6% as Bitcoin Breaks $70,000 Floor in Day-Two Selloff

Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts
24/7 Wall St.81d agobearish
Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts

On a recent Rich Habits Podcast segment, market commentator Ron Santella put it bluntly: “The playbook from last week hasn’t changed. It’s actually gotten more entrenched. Higher for longer is the base case.” For households waiting on a refinance or a first home purchase, he was even more direct: “Today’s report tells you it’s not ... Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts