Dawson Blake

Dawson Blake is a financial markets expert with over 10 years of experience, focusing mainly on stock market news and price movements. He aims to become a top-tier authority in curating stock news content that readers can trust as their go-to source for market information. Dawson enjoys breaking down market activity, company updates, and daily trends to help investors stay informed and make smarter financial decisions. His writing is simple, clear, and designed to make the stock market easy to follow for everyone.

4 Possible Reasons Why NEGG Stock Crashed Nearly 20%

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Why is NEGG stock falling?

Newegg Commerce Inc. (NEGG) stock shocked retail investors today with a sharp drop of nearly 20%, falling from an opening price of $46.98 to an intraday low of $41.01, before stabilizing slightly. After a powerful rally in recent weeks, this sudden crash has raised many questions in the minds of traders and long-term investors.

Let’s take a closer look at the 4 most likely reasons behind today’s fall:

1. Selling Pressure from the $55 Supply Zone

NEGG latest chart by trading view - support and resistance

One of the most probable technical reasons for NEGG’s sharp fall is strong selling pressure from the supply zone around $55. The stock recently touched a high of $56.77, which falls right into this zone.

Historically, NEGG had formed a crucial support in the $50–$60 range. But after it broke down from this range earlier, the same zone has now turned into a resistance. As the stock retraced back to that level with a parabolic structure, it gave swing traders and short-term holders the perfect chance to sell and exit.

This kind of resistance-based selling is common after vertical rallies, especially in stocks with high volatility like NEGG.

2. Parabolic Rally Followed by Exhaustion

NEGG had been consolidating for a long time, and once it broke out, the movement was nothing short of parabolic. But when stocks rise too fast, they often run out of momentum just as quickly.

This rally lacked consistent volume spikes or major news-based triggers. So, when the price reached overextended levels, exhaustion selling kicked in – driven by both retail and institutional traders trying to book profits before a possible correction.

3. Broader Market and Sector Rotation

The internet retail sector as a whole has seen some weakness recently. Even large-cap players have faced pressure due to mixed earnings and slower e-commerce growth projections.

In such a scenario, speculative or mid-cap retail stocks like NEGG tend to fall faster, especially when overall investor sentiment turns cautious.

Investors are also rotating money into safer sectors such as energy, utilities, or dividend-yielding assets-leaving tech and e-commerce under pressure.

4. No New Fundamental Trigger to Sustain the Rally

While there was buzz around insider buying, and a temporary momentum spike followed it, there’s been no concrete news related to revenue growth, partnerships, or new launches from the company.

That means the recent rally was largely speculation-driven, and when such stocks don’t follow up with strong news or numbers, they often face sharp corrections – just like we saw today.

What Next for NEGG?

Even though the fall was sharp, some traders still believe NEGG could move higher in the coming weeks. But the path may not be easy. Given the past price behavior, expect a bumpy ride with ups and downs along the way.

The stock will likely face strong resistance in the $50–$55 range again, and unless there’s a solid fundamental trigger, the rally might remain limited.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.

2 Reasons Robinhood Stock is Dropping

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hood stock latest news

Shares of Robinhood Markets Inc (NASDAQ: HOOD) declined sharply Thursday morning, trading at $94.21, down $3.77 or 3.85% as of 10:24 AM ET. The stock is reversing after a high-profile rally, pressured by fresh doubts and technical resistance.

Robinhood stock latest news

Why Is Robinhood Falling?

OpenAI Denial Hits Tokenized Shares Sentiment

Robinhood shares had initially surged after the company launched tokenized shares for private giants like OpenAI and SpaceX, promoting the products as a way for retail investors to access Silicon Valley startups via blockchain.

However, OpenAI quickly issued a strong statement on X, denying any partnership with Robinhood, clarifying that it had never authorized any transfer of its equity, and explicitly rejecting any endorsement of these offerings. That swift denial rattled market confidence and triggered a rapid reversal from fresh highs.

HOOD: Technical Outlook for July 2025

HOOD candlestick chart by trading view

Robinhood had broken its all-time high of $85 on June 25, closing above it on June 30, and touched $100 for the first time on July 2. This move encouraged profit booking by traders.

Now, price action shows a double-top pattern forming around the $100 mark, which could continue to pressure the stock unless it breaks out decisively above that resistance. If Robinhood fails to hold support near $89.70, the next support area could be in the $74–79 zone, followed by a stronger level between $62–67 if selling deepens.

On the hourly timeframe, the Relative Strength Index (RSI) is near 50, indicating the stock is still far from oversold territory.

Also Read – Everything You Need to Know About the Dollar Index in 2025

Recent Performance Snapshot

The company holds a market capitalization of $82.87 billion with a trailing price-to-earnings ratio of 53.90 and earnings per share of $1.75. Robinhood’s next earnings announcement is expected on July 30, 2025. Year to date, the stock has surged 153.17%, far outperforming the S&P 500’s gain of 6.63%. Over one year, Robinhood is up 312.10% versus the S&P 500’s 13.27%, and its three-year return is an impressive 1,053.18% compared to the broader index’s 63.95%. Over the past five years, Robinhood has gained 148.24%, modestly outpacing the S&P 500’s 100.37%.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.

Should You Go for Figma’s IPO? – 8 Things to Consider

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Figma, a leading cloud-based collaborative design platform, has filed for an initial public offering (IPO), generating significant excitement among investors.

Figma, the widely used cloud-based collaborative design platform, has officially filed for its highly anticipated initial public offering (IPO), capturing significant attention among technology investors. While this article does not make a buy or sell recommendation, it provides eight critical factors you should weigh before deciding whether Figma’s IPO fits your investment goals.

1. IPO Date, Listing Timeline, and Exchange Details

Figma filed its S-1 registration with the U.S. Securities and Exchange Commission (SEC) on July 1, 2025, confirming plans to list on the New York Stock Exchange under the ticker symbol FIG. Industry analysts suggest the IPO will take place in late summer or early fall 2025, possibly as early as August if the SEC review progresses smoothly.

Trading for FIG shares will occur during normal NYSE hours (9:30 AM–4:00 PM ET), with pre-market (4:00 AM–9:30 AM ET) and after-hours (4:00 PM–8:00 PM ET) trading potentially available through certain brokers.

  • Advantage: The NYSE listing brings high liquidity and investor trust.
  • Risk: SEC approval delays could push the listing into September or beyond.

2. IPO Price, Valuation, and Market Cap

Figma has not yet disclosed the specific IPO share price or offering size in its S-1. However, the company was valued at $12.5 billion during a 2024 private tender transaction. Analysts expect a public valuation in the range of $15 billion to $20 billion, depending on pricing and demand.

Industry sources, including Renaissance Capital, estimate the IPO could raise as much as $1.5 billion, making it one of 2025’s most significant technology IPOs alongside other big names such as CoreWeave. The final market capitalization will be determined by the share price and total shares outstanding, which will be updated closer to the listing date.

  • Advantage: A strong valuation reflects robust investor interest and confidence in the company’s business model.
  • Risk: High valuations carry downside if growth momentum slows post-IPO, potentially leading to share price corrections.

3. How and Where to Buy IPO Shares?

If you wish to participate in Figma’s IPO at the offering price, you will need to work through underwriters such as Morgan Stanley, Goldman Sachs, J.P. Morgan, or Allen & Co. Typically, these allocations are reserved for institutional clients and high-net-worth individuals, though some brokers – for example, Fidelity, Charles Schwab, or Robinhood – might offer limited retail IPO allocations.

For most retail investors, buying will be easier once FIG begins public trading on the NYSE. Like all IPOs, oversubscription is possible, which could mean limited availability for retail investors at the initial price.

  • Advantage: Multiple reputable brokerages may participate, expanding accessibility.
  • Risk: Retail buyers could face allocation challenges or higher prices if demand is very strong on day one.

4. S-1 Filing Details and Financials

Figma’s S-1 filing reveals a company with compelling growth metrics and a sharp turnaround in profitability:

  1. 2024 Revenue: $749 million, a 48% increase from 2023
  2. Q1 2025 Revenue: $228.2 million, a 46% jump year-over-year
  3. Rolling 12-month revenue (as of March 2025): $821 million
  4. Gross Margin: A standout 91%
  5. Q1 2025 Net Income: $44.9 million, compared to $13.5 million the previous year
  6. 2024 Net Loss: $732 million, largely from a one-time stock-based compensation expense
  7. Cash and Equivalents: $1.54 billion
  8. Debt: Minimal, consisting mostly of a revolving credit facility
  9. Enterprise Customers: 78% of Forbes 2000 companies, with over 1,000 clients generating more than $100,000 in annual recurring revenue

According to its filing, IPO proceeds will fund global expansion, research in artificial intelligence, and selective acquisitions.

  • Advantage: Strong revenue growth, improving profitability, and a solid cash reserve.
  • Risk: High stock-based compensation expenses could weigh on future earnings, depending on how aggressively Figma continues to incentivize employees.

5. Business Model and Competitive Advantages

Figma runs on a subscription-based SaaS model, providing design and collaboration tools through the cloud to individuals, businesses, and large enterprises. Unlike traditional desktop software, its browser-based platform allows real-time teamwork.

Competitive advantages include:

  1. 95% adoption rate among Fortune 500 companies
  2. 132% net dollar retention, reflecting upsell success
  3. 76% of Fortune 500 customers use multiple Figma products
  4. 85% of monthly users located internationally
  5. Generative AI tools, including partnerships with Adobe Firefly and third-party AI models

Competition includes: Adobe, Canva, Sketch, and InVision, as well as new players leveraging AI such as Anthropic or tools developed by OpenAI.

  • Advantage: Market leadership with strong lock-in through collaborative features and sticky customers.
  • Risk: Emerging AI-native competitors could challenge Figma’s market share.

6. Leadership and Ownership

Founded in 2012 by Dylan Field and Evan Wallace, Figma remains founder-led, with Field as CEO. He is widely credited with pushing its collaborative-first design model and expanding its AI capabilities.

Major shareholders include:

  1. Index Ventures: 16.8%
  2. Greylock: 15.7%
  3. Kleiner Perkins: 14%
  4. Sequoia Capital: 8.7%

Cumulatively, Figma has raised around $749 million across several funding rounds involving top-tier Silicon Valley investors.

  • Advantage: Visionary founder leadership, with respected and experienced backers.
  • Risk: Heavy dependence on Field’s strategic direction could be a weakness if leadership transitions are needed in the future.

7. Crypto Exposure and USDC Holdings

In an unusual twist for a design company, Figma reported in its S-1 that it holds approximately $69.5 million in Bitcoin ETFs (specifically, the Bitwise Bitcoin ETF) and another $30 million in USDC stablecoins, which it plans to convert to Bitcoin.

Also Read – I Created the Best Bitcoin Guide You’ll Ever Read

While this allocation is small compared to its cash reserves, it signals a forward-looking approach to treasury management, similar to moves by Tesla or Block.

  • Advantage: Diversification of assets could enhance returns over time.
  • Risk: Exposure to cryptocurrency volatility and potential regulatory scrutiny around digital assets.

8. Broader Investment Considerations: Risks, Opportunities, and Sentiment

Opportunities:
  1. Figma has strong revenue growth and world-class gross margins.
  2. A customer base of 13 million monthly active users, with two-thirds outside the design profession, creates future upsell opportunities.
  3. Ongoing investment in AI features positions Figma to adapt to rapidly evolving design workflows.
Risks:
  1. Fierce competition from Adobe, Canva, and newer AI-native design apps
  2. Heavy R&D spending (over $750 million in 2024, largely in stock-based compensation)
  3. Exposure to crypto market swings, though small, could unsettle conservative investors
  4. Lofty valuations could face corrections if macroeconomic or sector-specific headwinds emerge

Market sentiment so far is cautiously optimistic, with pre-IPO commentary on social media platforms like X showing excitement about its 132% net dollar retention, profitability turnaround, and high user stickiness.

Expert analysts at Renaissance Capital have expressed bullish projections for the IPO, while some caution that valuations above $15 billion might be aggressive if the tech sector weakens.

Timing considerations: IPOs often trade with high volatility in the first 30 to 90 days. Some investors prefer to wait for a post-lock-up period (commonly 90–180 days) before initiating a position, as early employees and insiders become eligible to sell.

Conclusion

Figma’s IPO represents one of the most significant SaaS opportunities of 2025, showcasing robust growth, profitability improvements, and dominant market share in the collaborative design space. Its dual focus on AI-driven innovation and a proven subscription business model gives it an enviable position relative to many rivals.

However, the combination of intense competition, a possibly high valuation, and modest but nontrivial crypto exposure should caution even growth-oriented investors.

Ultimately, whether Figma is “worth it” depends on your personal risk tolerance, IPO pricing, and a careful reading of the S-1 and subsequent SEC updates. Monitoring institutional demand, short interest, and broader tech-sector sentiment will also be important in the weeks before the IPO. Investors should consider consulting a qualified financial advisor to match this opportunity with their portfolio objectives.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.

First Circle, Now Ripple Applies for OCC Charter

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Circle, the issuer of the USDC stablecoin, kicked off a transformative trend by applying for a national banking charter from the U.S. Office of the Comptroller of the Currency (OCC) on June 30, 2025.

Now, Ripple, the privately held company behind the RLUSD stablecoin, has followed suit with its own OCC application on July 2, 2025. These moves signal a seismic shift in the crypto industry’s push to integrate with traditional finance, leveraging a crypto-friendly regulatory climate under the Trump administration to gain federal oversight.

Circle’s bid aims to establish First National Digital Currency Bank, N.A., allowing direct custody of its $61.5 billion USDC reserves, reducing dependence on third-party banks like BNY Mellon. Ripple’s application, paired with oversight from the New York Department of Financial Services, seeks to enhance trust in RLUSD and expand its XRP Ledger’s institutional use. Both companies are capitalizing on the OCC’s recent crypto custody rule, which permits banks to manage digital assets without prior approval, paving the way for broader services like institutional crypto custody.

The timing aligns with growing legislative momentum, including the proposed GENIUS Act for stablecoin regulation, which could further legitimize crypto in mainstream finance. Yet, challenges like regulatory scrutiny and market volatility loom. As Circle and Ripple, the latter still a private entity, pursue banking charters, their efforts could redefine the convergence of decentralized finance and regulated banking, setting a new standard for the crypto industry’s evolution.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.

4 Reasons Centene Corporation Stock Is Plunging Nearly 39%

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Centene Corporation stock latest news

Centene Corporation (NYSE: CNC) shares collapsed nearly 39% in the latest trading day, falling $22.36 to close at $34.29.

Here are four key reasons driving this dramatic sell-off.

1. Weak Earnings Guidance

Centene sharply reduced its profit outlook for the rest of the year, citing rising costs that will weigh on earnings. This warning rattled investors who had already been concerned about the healthcare insurer’s future growth potential

2. Higher Medical Utilization Costs

There has been a spike in elective and preventative care claims as patients return to procedures delayed during the pandemic. Centene’s large membership base in government-sponsored plans is more exposed to these pressures, as reimbursements are relatively inflexible.

3. Regulatory Uncertainty

The Centers for Medicare & Medicaid Services (CMS) is actively reviewing reimbursement rates, which could result in lower margins for Medicaid contracts. This regulatory overhang is fueling further investor unease about Centene’s near-term earnings.

4. Sector-Wide Managed Care Fears

The entire managed care sector has faced headwinds from rising medical costs and increased scrutiny on profits. Centene’s higher exposure to public health programs makes it especially vulnerable, triggering a wave of panic-selling across its shares.

Trading volume in Centene stock spiked to more than 43 million shares, far above its typical levels, reflecting broad investor fear. With a market cap dropping to around $17 billion, the company’s valuation has been severely cut as confidence erodes.

Analysts have downgraded their price targets in response to the guidance cut, with warnings that cost pressures could persist through the year. Management has promised to reprice contracts and renegotiate state agreements, but investors seem unconvinced these efforts will ease the pain quickly enough.

For long-term investors, Centene’s scale and focus on public programs remain potential strengths, but near-term challenges appear considerable. Until CMS finalizes its reimbursement reviews and cost trends stabilize, volatility in CNC shares may continue.

Company Overview

FieldDetails
Founded In1984
FounderElizabeth “Betty” Brinn
IPO Year2001
Ticker SymbolCNC
Stock ExchangeNYSE
SectorHealthcare
IndustryManaged Healthcare
SpecialisationGovernment-sponsored health insurance plans

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.

Circle Internet Group Unveils Circle Gateway, Driving CRCL Stock Higher

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CRCL's technical analysis

New York || 4:54 p.m. ET – Circle Internet Group, Inc. (NYSE: CRCL), the issuer behind the world’s second-largest stablecoin USDC, announced the upcoming launch of Circle Gateway, a major crosschain breakthrough for stablecoin transfers. CRCL stock closed Tuesday at $192.53, gaining $11.50 or 6.3% on the session, supported by renewed investor optimism around Circle’s innovation roadmap and the recent passage of the GENIUS Act.

Solving the Multichain Challenge

The blockchain ecosystem has long been fragmented across networks like Ethereum, Solana, and Avalanche. Users holding USDC on one chain often face delays and added costs to move funds to another, relying on bridges or third-party liquidity providers. These hurdles slow stablecoin adoption and complicate operations for exchanges, payment processors, and institutions.

Circle Gateway, announced on July 1, 2025, aims to eliminate this fragmentation by introducing a unified USDC balance through a non-custodial smart contract. This structure will allow users to instantly access their USDC across multiple blockchains, removing the need for manual bridging or rebalancing liquidity.

Also Read – CRCL’s USDC & FI’s FIUSD – The Stablecoin Business Model Everyone Should Understand

How Circle Gateway Works

Circle Gateway’s approach is designed for simplicity and efficiency:

  • Users deposit USDC into a non-custodial smart contract
  • A single balance is created, instantly accessible on supported chains
  • Transfers can happen in real time, without bridges or third-party intermediaries

The company plans to roll out the new service on testnets for Avalanche, Base, and Ethereum later this month, with additional blockchain integrations expected in the future.

CRCL Stock Momentum Remains Strong

CRCL shares have surged since Circle’s June 5, 2025 IPO, which was priced at $31 and closed its first trading day at $83.23, up 168%. On Tuesday, July 1, 2025, the stock closed at $192.53 after hitting an intraday high of $194.32 and a low of $171.50, with trading volume exceeding 30.9 million shares. The market capitalization stands around $69 billion, reflecting sustained confidence in Circle’s stablecoin leadership, partnerships, and regulatory focus.

Broader Vision for Stablecoins

Founded in 2013, Circle is committed to making digital dollars as easy and reliable as email. USDC, with a circulating supply around $61.4 billion, is the second-largest stablecoin globally. Circle also offers EURC, a euro-backed stablecoin, and USYC, a tokenized money market fund (not available in the United States).

The company operates the Circle Payments Network, supports crosschain protocols, and holds key regulatory licenses, including approval from the New York Department of Financial Services and the Bermuda Monetary Authority. These compliance measures, paired with monthly attestations from a Big Four auditor, reinforce user trust and institutional confidence.

Conclusion

Circle Gateway marks an important step forward for chain-agnostic stablecoin transfers, providing seamless, instant USDC access across multiple blockchains. As Circle begins its testnet rollout this month, developers, businesses, and investors will be watching closely to see how this technology may transform the future of digital finance.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.

Circle Crashes 39% from All-Time High, Nearly $27 Billion in Value Erased

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Why is NEGG stock falling?

Circle Internet Group Inc. (NYSE: CRCL) closed Friday at $180.43, down 15.54% on the day and ending a bruising week with a 24.91% weekly decline.

Since touching an all-time high of $298.99 on Monday after announcing a major partnership with Fiserv, the stock has seen relentless selling pressure. CRCL attempted a modest rebound of 7.56% on Thursday but could not sustain the momentum, breaking down again Friday to finish near session lows.

CRCL Friday's Closing

Friday’s trading opened at $223.65 and reached an early high at the same level before collapsing to an intraday low of $175.60. After-hours prices recovered slightly to $182.88, up 1.36%, but market confidence remains weak. The company’s market capitalization has shrunk to $40.15 billion from its Monday peak of roughly $67 billion, wiping out nearly $27 billion in value in just five trading days.

Also Read – 5 Reasons Circle (CRCL) Stock Is Crashing as It Touches the $200 Mark

According to Yahoo Finance, Circle’s valuation metrics remain stretched despite the correction. Its trailing P/E ratio stands at 2,070, with a forward P/E of 128.21, and a lofty price-to-book ratio of 53.90. These numbers underline investor concerns about overheating.

Since its IPO price of $31, CRCL has still delivered a staggering return of approximately 481% even at $180.43, reflecting the scale of the prior rally.

Technical Outlook for Monday

CRCL’s price chart is showing concerning weakness. The stock decisively broke through its first parallel channel support in the 190–200 zone, which had served as a critical technical level earlier in the week.

With Friday’s deep close, CRCL is now trading inside a second parallel channel, bounded by 170–160 as crucial support. If this lower channel fails to hold, the next significant levels could be much deeper.

CRCL candlestick chart by trading view

Short-term resistance is likely to emerge near 190, coinciding with the broken prior support, while the upper band of the current channel around 205–210 will serve as a major resistance level on any meaningful bounce.

How Much Will It Fall?

Given the severe weekly drop of nearly 25% and a 39.65% collapse from Monday’s all-time high, sentiment is highly fragile. If CRCL cannot hold above the 170–160 channel support early next week, the decline could accelerate toward 150 or lower in a washout phase.

At the same time, the Relative Strength Index is hovering around 35 on the hourly timeframe, approaching oversold territory. That could temporarily slow the decline.

For now, the chart suggests a bearish bias with the potential to retest the 170–160 zone.

Valuation Still in Question

Circle’s valuation metrics are extremely rich compared to traditional fintech peers. A trailing P/E above 2,000, forward P/E over 128, and price-to-book ratio of nearly 54 put its fundamentals under intense scrutiny. Combined with a collapse in technical structure and critical comments from the Bank for International Settlements (BIS) questioning the long-term viability of stablecoins, CRCL’s profile has shifted from high-flying to highly vulnerable in a matter of days.

As of now, Circle’s massive run from its $31 IPO to $298.99 on Monday, a 864% gain at the top, is experiencing a harsh reality check. Even after falling to $180.43, the stock retains an approximate 481% return from IPO, underscoring just how inflated the price had become.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.

3 Reasons Palantir Is Crashing – Technical Outlook for Monday

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amzn LATEST TECHNICAL ANALYSIS AND EARNINGS NEWS

Shares of Palantir Technologies Inc. (NYSE: PLTR) closed sharply lower on Friday, tumbling 9.37% to $130.74 as investors absorbed a wave of selling pressure. The market cap has plunged to $308,534,946,784 as selling pressure intensified.

The stock, which has rallied over 124% from its April swing low, has now pulled back nearly 12% from its all-time high of $148.22.

Price chart of PLTR stock

Why is Palantir going down?

Here are three key reasons driving this drop:

1. Unsustainable Valuations

Palantir is trading at a sky-high price-to-earnings (P/E) ratio of 570.94, based on trailing twelve-month earnings per share of $0.23. Such valuations are hard to justify even for a growth-oriented technology company, especially after an extended rally. Many investors see this P/E as unsustainable, raising concerns that Palantir could be priced far beyond its fundamentals.

2. Profit Booking After a Powerful Rally

The stock surged 124.16% from its April low of $66.12, reaching a record high of $148.22 earlier this month.

Palantir stock candlestick chart by TradingView.

However, RSI had already been diverging since February, warning of a potential pullback.

Traders expecting a deeper correction were initially caught off guard as institutional players continued buying to absorb liquidity. Once broader market participants regained confidence and resumed buying, larger players offloaded their positions at higher prices to maximize liquidity, driving Friday’s sharp decline.

Technically, the stock has broken below its daily 9-day exponential moving average and is testing support in the $125–$130 range, with its weekly 9 EMA also nearby.

A short-term bounce could occur here, but the broader structure suggests a potential move toward the $105–$100 zone, which aligns with the monthly 9 EMA and a key psychological round number.

3. Risks Surrounding Department of Defense Contracts

Investors are also wary of risks tied to Palantir’s government business. The U.S. Department of Defense recently published its fiscal year 2026 budget request, which, after accounting for inflation, is slightly smaller than the previous cycle. Since Palantir depends on significant government and defense contracts, any perceived reduction in defense spending could negatively affect future revenue growth.

Also Read – 5 Reasons Circle (CRCL) Stock Is Crashing as It Touches the $200 Mark

Palantir Technologies Inc. (NYSE: PLTR) has delivered impressive gains for investors over the past year, surging 442.49% and climbing 71.57% year-to-date as of the latest close.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.

Why Is CRCL Stock Going Up? – Is It Just a Minor Pullback?

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 IMAC Holdings issues secured $210,000 promissory note for $150,000 purchase as part of short‑term financing arrangement.

Circle Internet Group Inc. (NYSE: CRCL) surged over 14% in early trading on Thursday, rising $28.33 to hit $226.95. This sharp rebound comes after the stock closed at $198.62 the previous day – marking a three-day plunge totaling 33.78% from Monday’s peak of $298.99. Today’s price action has pushed Circle’s market cap back up to approximately $49.03 billion, compared to Tuesday’s low of $43.8 billion.

Also Read – 5 Reasons Circle (CRCL) Stock Is Crashing as It Touches the $200 Mark

The rally appears to be a technical pullback, following a steep sell-off that wiped out nearly $24 billion in market capitalization within 72 hours. While traders and investors are watching closely, many are wondering: Is this the bottom – or just a pause before more downside?

A Closer Look: Is CRCL Stock Out of Danger?

For investors hopeful that Circle’s worst days are over, the answer isn’t so simple. According to recent candlestick chart patterns, CRCL is not in confirmed bullish territory yet. Technically, the stock is still in correction mode and is only rebounding from a critical support zone between $198–$206.

CRCL Technical Analysis – Candlestick Chart by TradingView

To regain a bullish outlook, Circle needs to sustain above $250 – a key resistance level – for several sessions. Until then, price action may stay confined to a parallel channel that appears to be forming between $206 and $255. This range-bound movement is consistent with what has previously been observed in CRCL’s chart structure.

The stock briefly broke above a minor trendline, indicating short-term momentum. However, there is a high probability that price could retest the 9-day EMA, which currently sits at $194.85 on the daily timeframe. At the time of writing, the stock is showing some rejection near the previous session’s high, suggesting buyers are cautious around resistance zones.

Meanwhile, the RSI (Relative Strength Index) is hovering around 50, indicating neither overbought nor oversold conditions. For a stronger reversal confirmation, RSI would ideally need to bounce from near-oversold levels with increasing momentum.

Also Read – CRCL’s USDC & FI’s FIUSD – The Stablecoin Business Model Everyone Should Understand

This intraday spike may provide short-term relief, but given the volatility and broader market reaction to stablecoin regulation updates – including the BIS report that criticized the viability of stablecoins — investors should remain alert. Technical setups hint at continued volatility unless CRCL reclaims and holds higher levels with strong volume.

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. Always verify data with primary sources before making decisions.

One More Reason Fuels the CRCL Crash – $24 Billion Wiped Out So Far

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Amazon.com issues $14.96 billion in multi‑maturity notes to secure long‑term funding.

Circle Internet Group Inc. (NYSE: CRCL) extended its dramatic downtrend for a third consecutive session, closing at $198.62, down 10.79% from yesterday’s close. This sharp decline follows two straight days of losses and now amounts to a weekly drop of 17.3%, wiping out nearly $24 billion in market capitalization from Monday’s intraday peak of $298.99, when CRCL’s valuation briefly touched $67 billion.

Today, the market closed with a strong bearish marubozu candle, signaling relentless selling pressure throughout the session. CRCL opened at $218.54, reached an intraday high of $227.54, but sold off aggressively to a session low of $198.00.

Also Read – 4 Reasons Circle (CRCL) Stock is Crashing – Will It Hit $200 Next?

What Triggered This Latest Selloff?

Wednesday’s drop was fueled by a fresh macro headwind: a critical report by the Bank for International Settlements (BIS) – the global financial institution owned by 63 central banks, including the U.S. Federal Reserve, ECB, and Bank of Japan. Often called the “central bank of central banks,” the BIS holds significant sway over global monetary policy perspectives.

In its newly published analysis, the BIS acknowledged the value of tokenization – the process of converting real-world assets or fiat currencies into digital tokens for use on blockchain networks – but dismissed stablecoins like USDC as insufficient for systemic financial infrastructure.

Also Read – 3 Important Differences Between Cryptography and Blockchain

According to the report,

“stablecoins offer some promise on tokenization, but fall short of requirements to be the mainstay of the monetary system when set against the three key tests of singleness, elasticity, and integrity.”

This statement undermines the foundational business case for Circle’s USDC, which boasts a $61.9 billion market cap and processed $2.61 trillion in annual transaction volume, positioning itself as the go-to stablecoin for regulated financial rails.

Also Read – CRCL’s USDC & FI’s FIUSD – The Stablecoin Business Model Everyone Should Understand

Valuation and Institutional Rotation Add to Pressure

Wednesday’s fall adds to existing concerns that began mounting earlier in the week. On Monday, CRCL reached an intraday high of $298.99, reflecting a 750% gain from its $31 IPO price. However, that surge was quickly followed by heavy institutional selling.

Leading the exit was Cathie Wood’s ARK Invest, which sold 415,844 CRCL shares worth $109.6 million on June 23 and booked a total of $352 million in profits. While ARK still holds 3.2 million shares, accounting for 7.8% of its ARKW fund, the strategic shift in favor of Coinbase (COIN) – a firm with stronger diversification, scaling infrastructure via its Base Layer 2 network – shows a clear reallocation of fintech exposure.

Technical Breakdown: All Eyes on $188–$190

On the technical front, CRCL has now filled the price gap between $200–$206, a zone previously highlighted by us as an inevitable magnet for price correction. The stock is now hovering at a critical confluence zone around $198–$200, where technical and geometric support levels meet.

CRCL candlestick chart by trading view

The 9-day EMA on the daily chart sits near $188–$190, a zone that could act as the next key support if selling continues. Any bounce toward $200–$205 would need strong volume confirmation to reverse the bearish trend.

The Relative Strength Index (RSI) on the daily timeframe is currently at 40.43, just above the oversold threshold of 30. This suggests that while the stock has weakened considerably, it hasn’t yet hit panic-selling levels typically associated with technical reversals.

Summary

With the macro narrative turning cautious, regulatory uncertainty resurfacing, and key support zones being tested, CRCL’s near-term trajectory remains volatile. While Circle’s fundamentals – including its USDC dominance, partnerships with Fiserv, and regulatory leadership – remain strong, the market is clearly entering a valuation reset phase.

Also Read – USDC vs. RLUSD vs. USDT – Key Differences and Why They Matter

This article is for informational purposes only and should not be considered financial advice. Investing in stocks, cryptocurrencies, or other assets involves risks, including the potential loss of principal. Always conduct your own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any financial losses incurred from actions based on this article. While efforts have been made to ensure accuracy, economic data and market conditions can change rapidly. The author and publisher do not guarantee the completeness or accuracy of the information and are not liable for any errors or omissions. Always verify data with primary sources before making decisions.