Alphabet Stock Analysis: $400 Holds as Overbought Signals Build

GOOGL — daily chart with candlesticks, EMA20/EMA50 and volume.Alphabet Stock Technical Overview: Daily Uptrend Above $400Price Action and Trend  On the daily timeframe, GOOGL closed at 401.07 after trading between 395.84 and 402.93. Buyers defended dips and kept control into the close. Daily EMAs sit at EMA20 373.12, EMA50 345.67, and EMA200 293.39, all well below price. Therefore, the longer‑term uptrend remains strong and broadly supported by rising averages.  Momentum and Volatility  Daily RSI14 prints 74.16. Momentum is firm but near overbought, which raises the risk of a pause or a shallow pullback. Daily MACD shows line 20.81 versus signal 19.64 with a histogram of 1.17. Upside momentum is positive, though incremental rather than explosive.  Bollinger Bands center at 370.14 with an upper band at 421.56 and a lower band at 318.71. Price sits in the upper half, so the trend has room before extreme band pressure, yet the tape is extended relative to its mean. Daily ATR14 is 11.26, implying level‑to‑level moves of roughly $10–$12.  Daily pivot levels place the pivot at 399.95, R1 at 404.05, and S1 at 396.96. Therefore, $400 is the battleground, with 404 as the near‑term cap and 397 as first meaningful support.  Intraday Structure: 1H Trend Supports Advance  Meanwhile on the

05-15Industry

USD/CAD: Overvaluation stretch risks further upside – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that USD/CAD is grinding higher into the mid‑1.37s, with the Canadian Dollar (CAD) underperforming but still faring better than many G10 commodity peers. Spot trades well above the banks fair value estimate of 1.3554, and the team warns CAD has little defence against further short‑run USD overvaluation as sentiment drives the move.  Resistance gives way as Dollar trend firms  “Grinding dollar gains are extending this morning to reach the mid-1.37s. CAD losses are relatively light, compared with its G10 commodity peers and the core majors. ”  “Factors driving the CAD have softened a little over the past few days but dollar gains are primarily sentiment-driven and spot sits significantly above our fair value estimate (1.3554) this morning. The CAD has little defence against USD overvaluation stretching a bit more in the short run.”  “Neutral/bullish— USD gains have been chipping away at resistance in the low 1.37 area all week and the sustained push through the low 1.37s has extended quickly to probe 1.3750 and a little above so far today (1.3758 is the 50% retracement of the April/May drop in the USD from 1.3967 to 1.3550).”  “Short-term trend dynamics are soft but trending a little more bullishly

05-15Industry

Ethereum Price Reaching $4,000 Isn’t A Moonshot, Here’s What It Is

Crypto analyst Tice has declared that an Ethereum price rally to $4,000 isnt a moonshot but one that is bound to happen. This came as he revealed that he was accumulating ETH based on the technicals, which point to a buy sentiment.  Analyst Reveals Ethereum Price Rally To $4,000 As A Structural Magnet  In an X post, Tice stated that an Ethereum price rally to $4,000 wasnt a moonshot but a structural magnet. He further remarked that he was loading up on ETH while everyone is giving up. His conviction in ETH is based on the technicals, which point to an imminent rally for the second-largest crypto by market cap.  The analyst noted that ETHs structure was compressing while liquidity had been flushed. At the same time, the Ethereum price is forming higher lows under maximum doubt, and it is clear that the forced selling has been absorbed. Tice declared that this is not a weakness but the accumulation phase coming to an end, which will then usher in the breakout.  Tice also mentioned that the Ethereum price structure has refused to break under this much fear, which points to an imminent violent move to the upside. In another X post, the analyst doubled

05-15Industry

US stock market reels lower as Treasury yields soar

The US Treasury market is rearing its head once again on Friday, this time causing a broad sell-off in US market indices. The NASDAQ Composite opened up close to 1.4% lower, while the S&P 500 and Dow Jones Industrial Average (DJIA) are both off between 0.5% and 1.0%. All three indices sold off much worse in the futures market, so there is reason to believe the indices will fall further as the regular session gets underway.  The culprit? Treasury yields.  The US 10-year has risen nearly 8 basis points to 4.57%, while the US 30-year yield is up about 1.6% to 5.11%.  Many observers are pointing to political instability in the leadership of Prime Minister Kier Starmer in the United Kingdom (UK). Upheaval in his own Labour Party has led to further calls for Starmer to resign, pushing up Gilt yields.  On the US side of the ledger, the NY Empire State Manufacturing Index for May came in Friday morning extremely hot at 19.6, several deviations above the consensus of 7.5 and the previous reading of 11. The hot reading gives the Federal Reserve (Fed) more impetus to raise interest rates in the face of a roaring economy and rising inflation.  Then there‘s US President

05-15Industry

CoreWeave vs Nebius: Comparing Two AI Cloud Infrastructure Stocks in 2026

CoreWeave achieved $2.1B in first-quarter 2026 revenue, representing 112% annual growth, alongside a contracted backlog approaching $100BNebius delivered $399M in quarterly revenue with remarkable 684% annual expansion, surpassing market forecastsCoreWeave maintains approximately $14B in outstanding debt with planned 2026 capital expenditures between $30B and $35BNebius maintains a robust $3.7B cash position, supported by strategic partnerships with Meta and MicrosoftWall Street assigns Moderate Buy ratings to both companies, though they represent distinct investment risk categories  CoreWeave and Nebius both compete within the emerging “neocloud” sector, delivering GPU-intensive infrastructure specifically designed for artificial intelligence applications. These companies arent attempting to replicate the comprehensive services of Amazon, Google, or Microsoft. Their strategic focus centers on what AI companies value most: concentrated computational capability.  This operational similarity represents their only major common ground.  CoreWeave: Established Scale with Massive Commitments  CoreWeave commands significantly greater market presence. During the first quarter of 2026, the company generated $2.1 billion in revenue, marking a 112% increase compared to the previous years corresponding period.  CoreWeave, Inc. Class A Common Stock, CRWV  The company secured over $40 billion in fresh commitments throughout this quarter alone. This influx elevated its aggregate contracted revenue pipeline to approximately $100 billion.  These figures explain CoreWeaves emergence as a closely monitored AI

05-15Industry

Canada: Energy lifts CPI, BoC focus on core – TD Securities

TD Securities‘ Senior Canada Economist Robert Both expects Canadian Consumer Price Index (CPI) inflation to rise to 3.1% year-on-year in April, driven mainly by higher energy and food prices and base effects from last year’s carbon tax changes. Core measures (CPI-trim/median) are projected near 2.1–2.2%, leaving the Bank of Canada (BoC) focused on underlying inflation rather than the temporary headline overshoot into the June policy decision.  Energy shock lifts headline inflation  “We look for CPI inflation to firm by 0.7pp to 3.1% y/y in April as prices rise by 0.6% m/m, underpinned by another sharp increase for gasoline and other energy products. Base effects from eliminating carbon taxes in April 2025 will also add to the acceleration on a year-ago basis.”  “Higher oil/fertilizer prices will also keep upward pressure on food and airfares, but we do not expect broad strength outside of these two components. Core inflation is forecast to edge lower by 0.1pp to 2.1/2.2% for CPI-trim/median as 3m (saar) rates accelerate 0.5pp to 2.1%.”  “Our forecast for 3.1% y/y would leave headline CPI tracking well above BoC projections from the April MPR, but we expect the BoC to look through this and remain focused on core inflation heading into the June policy

05-15Industry

Thorchain Hack Drains $10M – ZachXBT Reports 

The post Thorchain Hack Drains $10M – ZachXBT Reports appeared first on Coinpedia Fintech News  THORChain, a cross-chain crypto trading protocol, was hit by a major hack that may have stolen over $10 million in digital assets across Bitcoin, Ethereum, BNB Chain, and Base.  The attack sparked panic in the DeFi market, causing THORChains native token RUNE to drop more than 14% shortly after the exploit.  ZachXBT Flags Suspicious Multi-Chain Activity  The first warnings came from on-chain investigator ZachXBT, who reported suspicious activity linked to THORChains router infrastructure.  According to ZachXBT, attackers moved roughly $7.2 million worth of assets including USDT, USDC, and wrapped Bitcoin across multiple blockchain networks before swapping them into ETH.  The stolen funds were reportedly spread across Bitcoin, Ethereum, BNB Chain, and Base.  Initial estimates suggested losses exceeded $7.4 million, but ZachXBT later updated the figures, saying the total stolen amount may now exceed $10 million.  Another blockchain security firm, PeckShield, also confirmed the exploit, estimating that attackers stole around 36.75 BTC worth nearly $3 million, along with another $7 million in assets from the Ethereum, BNB Chain, and Base ecosystems.  Arkham Tracks Exploiter Wallets  Meanwhile, Arkham Intelligence labeled the suspicious wallets as “THORChain Exploiter” addresses while tracking millions of dollars in connected assets.  Data shared by

05-15Industry

Platinum: Repeated deficits tighten stocks – Commerzbank

Commerzbanks Commodity Analyst Barbara Lambrecht reports that focus in London is turning to Platinum group metals as the World Platinum Investment Council prepares updated forecasts. The bank expects WPIC to project a fourth consecutive annual deficit, further eroding above-ground stocks that already cover only four months of demand. Continued medium-term deficits and inventory drawdowns would likely underpin Platinum prices.  WPIC outlook and shrinking inventories  “At the start of the week, the World Platinum Investment Council (WPIC) will present its new forecasts for the platinum market. It is expected to forecast the fourth consecutive supply deficit for this year.”  “Even though the supply deficit is likely to be smaller than in previous years due to weaker demand from the automotive industry and for platinum jewelry, above-ground inventories — which have already fallen significantly — are likely to shrink further.”  “They now cover only four months of demand. By comparison, four years ago they still covered a years worth of consumption.”  “Should the WPIC continue to assume that supply cannot keep pace with demand in the medium term and forecast a sustained drawdown of inventories, this is likely to support the price of platinum.”

05-15Industry

Why IPO Genie Is Quietly Becoming One of 2026’s Most Discussed Presales

Early Bitcoin and Ethereum investors benefited from one thing most independent investors lacked: early access. IPO Genie $IPO is positioning itself around a similar idea bringing earlier exposure to private market opportunities through tokenization and AI-driven research.  Here is what is actually changing. Private market tokenization is opening access to a category of deals that retail investors have never had before.IPO Genie is one of the top verified presales building infrastructure around that shift in Q2 2026.  Key TakeawaysMain street investors now have a structured path into private market deals through tokenizationIPO Genie is an AI-powered presale with dual smart contract audits and a verified deal callThe $IPO token unlocks tiered platform access, staking rewards, and governance rightsThe presale is live and  What Does “Most Discussed” Actually Mean For a Crypto  Most discussed doesnt mean loudest. It means consistently showing up in the right conversations.  While celebrity-backed presales burned bright and faded, IPO Genie kept appearing in research-driven circles. Independent analysts, crypto researchers, and early-access communities kept bringing it up.  That kind of organic attention is hard to manufacture. It usually means something real is being built.  And what is being discussed is not hype, but that it is a pre-IPO access platform. Specifically, access to private

05-15Industry

Silver Price Plunges 10% From Two-Month High—Here’s Why

Gold and silver prices plunged Friday morning, halting momentum the metals had built in recent weeks that lifted silver to its highest price in two months, with analysts blaming fears over inflation for the price slump.  Key Facts  The price of silver is $76.69 as of 9:45 a.m. EST on Friday, down more than 10% but slightly higher than the intraday low price of $76.63 it hit earlier in the trading session.  Silver also fell in price on Thursday, declining from a price of nearly $90 on Wednesday, the highest level the metal has reached since early March.  Gold prices also fell Friday, reaching $4,542.90 as of 9:45 a.m. EST, down more than 3%.  Prices tumbled Friday amid inflationary fears, analysts said, including ANZ Group Holdings Ltd. analysts Daniel Hynes and Soni Kumari, who said “inflation expectations, higher yields and a stronger dollar are likely to keep gold under pressure in the near term.”  ANZ analysts also said “stronger-than-expected rise in consumer and producer prices raised concerns that the Fed may need to increase interest rates in the short term,” as higher interest rates typically correlate with lower metals prices.  Oil prices—which have traded inversely with metals throughout the Iran war—rose Friday morning, with the Brent crude

05-15Industry
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