Chainlink’s Price Takes a Wild Ride—Are We Headed for $41 or Just Daydreaming?

Our esteemed analysts have pointed to a most fortuitous zone: $13.5—$14.5. This has been their hallowed ground for accumulation, a true sanctuary before the glorious expansion. Meanwhile, the daily RSI, a rather faithful companion hovering above 73, suggests that the fervor of buyers is not merely a whimsical fancy. Should the winds remain favorable, we may soon find ourselves flirting with $26, and dare we dream, perhaps even $41? 🌟

Chipotle Earnings: Another Rough Quarter

In the second quarter, Chipotle saw a 3% increase in revenue, which was less than anticipated by analysts, primarily due to the opening of 61 new company-operated restaurants. However, sales at comparable restaurants decreased by 4%, contrasting with a 11% growth during the same period last year. This decrease was mainly attributed to a drop in transactions by 4.9%.

Why Enphase Stock Crashed Today

According to analyst predictions, Enphase was expected to make $0.62 per share on revenue of $359.8 million. However, the company surpassed these estimates by earning $0.69 per share and generating $363.2 million in sales. Yet, the stock is currently experiencing a decline. Why might this be?

Why Tencent and Other Chinese Tech Stocks Rallied Today

Yesterday, there wasn’t much news specific to the Chinese tech giant. Yet, optimistic comments from U.S. Treasury Secretary Scott Bessent sparked renewed optimism about trade negotiations between the U.S. and China. Consequently, many major Chinese technology stocks surged today, with Tencent seeing particularly significant gains.

Why Intuitive Machines Stock Is Soaring Today

The shares of the space exploration firm have surged following an endorsement by a Wall Street expert, who recommended buying the stock, mere weeks after a significant declaration about a collaboration with a British startup specializing in manufacturing semiconductors beyond Earth’s atmosphere.