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MARA Shares Tumble as Bitcoin Weakness Overshadows AI Pivot
MARA shares fell 4.3% as bitcoin slipped below $62,000, reinforcing the stock's sensitivity to crypto prices despite the company's AI and data-center pivot.
UiPath Shares Slide 5% Despite First GAAP Profit as AI Selloff Continues
UiPath shares dropped 5% to $10.63 amid a broad tech selloff, even after the company posted its first GAAP profit and raised its full-year outlook.
XRP Clings to $1.10 Support Amid Broad Crypto Weakness
XRP fell 2.6% to $1.14, testing key $1.10 support as broader crypto markets decline. Traders watch $1.13-$1.14 support and $1.15-$1.20 resistance amid weak ETF inflows.
Ondas Stock Dips 6.7% on Share Resale Filing, Pressuring Drone Rally
Ondas shares fell 6.7% after a prospectus supplement for the resale of 2.7 million shares tied to its Omnisys acquisition raised supply concerns, despite strong defense orders and raised revenue guidance.
Bitcoin Tests $60,000 Support as ETF Outflows and Rate Worries Weigh
Bitcoin fell 2.8% to $61,683 amid ETF outflows and rate concerns, with the $60,000 level in focus as a key technical support.
Salesforce Job Cuts Deepen Amid AI Pivot, Investor Scrutiny
Salesforce has cut an additional 86 roles across key units as it pushes into AI agents, with shares falling 4.6% amid questions over its traditional software model.
Bitcoin Dips to $61K as Traders Eye CPI Data for Fed Clues
Bitcoin fell to near $61,000, down 3%, as traders cut risk ahead of Wednesday's CPI report, which is expected to show 4.2% annual inflation, keeping rate hike fears alive.
DraftKings Up 8% as Prediction Market Volume Hits $3.1B in May
DraftKings shares surged 8% after disclosing May prediction market volume reached $3.1B, a 34% jump from April, highlighting growing user engagement.