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XRP Dips 2.2% Despite Bitwise Fund's Record Asset Milestone
Crypto Sarah Chen

XRP Dips 2.2% Despite Bitwise Fund's Record Asset Milestone

XRP slipped 2.2% to $1.355 even as Bitwise's XRP ETF hit $507M in assets. The token's decline highlights persistent market caution despite institutional growth.

IBIT
Coeur Mining Slips as Silver Retreat Pressures Cash Flow Outlook
Commodities Rebecca Torres

Coeur Mining Slips as Silver Retreat Pressures Cash Flow Outlook

Coeur Mining shares fell 1.6% as silver prices dropped 2.9%, putting pressure on its $1.5 billion free cash flow goal. Metals still trade above 2026 guidance assumptions.

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Tech Slips as Oil Nears $90, Energy Outperforms
Markets Daniel Marsh

Tech Slips as Oil Nears $90, Energy Outperforms

The Nasdaq fell 0.9% as WTI crude neared $90, with energy stocks outperforming tech by 2.67 points. The 10-year yield rose to 4.79%.

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Intel Rebounds from 4.2% Slide, Still Trails $95 Offering Price
Markets Daniel Marsh

Intel Rebounds from 4.2% Slide, Still Trails $95 Offering Price

Intel shares bounced back from a 4.2% slump, but the stock still trades 6.8% below its $95 offering price as high valuation and foundry losses persist.

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Ether Slides Despite ETF Inflows as Treasury Yields Pressure Crypto
Crypto Sarah Chen

Ether Slides Despite ETF Inflows as Treasury Yields Pressure Crypto

Ether dropped 1.4% to $2,434.92 despite $87.6 million in ETF inflows, as the 10-year Treasury yield climbed to 4.79%, pressuring risk assets.

IBIT
Plug Power Slides 3.7% as $944M Equity Plan Raises Turnaround Doubts
Markets Daniel Marsh

Plug Power Slides 3.7% as $944M Equity Plan Raises Turnaround Doubts

Plug Power shares dropped 3.7% as its $944M equity offering capacity raises questions about its turnaround strategy. Q2 gross margin improved but cash burn remains high.

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Stellantis Shares Slide 3% as Canadian Labor Talks Test Margin Recovery
Markets Daniel Marsh

Stellantis Shares Slide 3% as Canadian Labor Talks Test Margin Recovery

Stellantis (STLA) shares dropped 3% amid Canadian labor negotiations, as investors weigh cost pressures against the automaker's margin recovery efforts.

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FTSE 250 Suffers Steepest Drop Since March as Rate Fears Bite
Markets Daniel Marsh

FTSE 250 Suffers Steepest Drop Since March as Rate Fears Bite

The FTSE 250 dropped 1.67% on Tuesday, its steepest loss since March, as rising bond yields and weak mortgage approvals intensified rate-hike expectations.

EWU
Equities Retreat as Oil Prices and Treasury Yields Weigh on Market
Markets Daniel Marsh

Equities Retreat as Oil Prices and Treasury Yields Weigh on Market

Wall Street's rebound faded as higher oil prices and rising Treasury yields dragged equities lower. The S&P 500 fell 0.64%, while energy shares advanced.

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Ford Stock Dips as EV Losses Cloud Cash Flow Outlook
Earnings James Calloway

Ford Stock Dips as EV Losses Cloud Cash Flow Outlook

Ford shares slipped 1% as investors weighed a projected $4 billion EV loss against the company's cash flow guidance of $6-7 billion.

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Palo Alto Networks Stock Plunges 6.4% Ahead of Q4 Earnings
Earnings James Calloway

Palo Alto Networks Stock Plunges 6.4% Ahead of Q4 Earnings

Palo Alto Networks shares fell 6.4% to $357.61, wiping out about $20 billion in market value ahead of its fiscal Q4 earnings report due after the close.

PANW
SoFi Shares Slide 4.2% as Valuation Concerns Mount Amid Slowing Loan Growth
Earnings James Calloway

SoFi Shares Slide 4.2% as Valuation Concerns Mount Amid Slowing Loan Growth

SoFi Technologies (SOFI) dropped 4.2% as its high valuation clashed with decelerating loan expansion, despite strong Q2 earnings and deposit growth.

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