SK Hynix's stock price soared over 13%, pushing its market capitalization to around $1.11 trillion
May 27 – Per market data from Bitget, SK Hynix’s share price has extended its advance to 13.45%, pushing the semiconductor maker’s market capitalization to 165.7 trillion South Korean won, or approximately $1.11 trillion.
4 minutes ago
Former Ethereum Core Developer: ETH Has Seriously Underperformed the Market for Years, But Saw Significantly Higher Gains After Reducing Holdings in the Past Two Years
May 27th, former Ethereum core developer Eric Conner commented on the incident titled "Bankless Founder's Confession: Why I Sold ETH?" He said he doesn't blame the Bankless founder at all, pointing out that Ethereum (ETH) has significantly underperformed the broader cryptocurrency market for years. Conner also revealed that he has cut his ETH holdings drastically over the past 1 to 2 years, and all the funds he reallocated into other assets have delivered far stronger returns than ETH.
Conner added that ETH's prolonged weakness likely isn't rooted in fundamental flaws, but rather its early price rally was too sharp, generating massive wealth in an extremely short period. As a result, the market needs a long time to absorb selling pressure from early holders.
He further stated that adopting a "maximalist" mindset toward a single cryptocurrency in portfolio management is not rational. "The market doesn't lie—there's no need to trade against the trend, and if a coin regains momentum, yo
4 minutes ago
CNN: American Public Loses Patience with Iran War, Trump Lacks 'Graceful Exit' Plan
**U.S. Public Support for U.S.-Iran War Dwindles as Conflict Drags On: CNN Analysis**
May 27 — A CNN analysis finds that as tensions between the U.S. and Iran persist, American public backing for military action is steadily declining. Growing numbers of voters are pushing for an immediate end to U.S. military involvement in the standoff, even if that means skipping a nuclear deal with Iran.
Multiple polls show a majority of Americans view the war as "not worth its cost," citing worries that the conflict will raise terrorism risks, damage U.S. global relationships, and destabilize the Middle East. Separately, market participants have lost faith in the Trump administration’s ability to effectively block Iran’s nuclear development.
Trump once outlined hardline, uncompromising demands — including a goal of Iran’s "unconditional surrender" — but recent negotiation terms have softened significantly. Analysts blame this shift on Trump’s failure early in the conflict to lay out a clear
4 minutes ago
Sandi's May average target price has risen to $2,125, representing a 33.7% upside from the current price.
**Date: May 27**
**SanDisk Technology Secures Bullish Analyst Upgrades in May**
Per a recent analyst research note, SanDisk Technology has earned bullish ratings and upward price target revisions from several top investment banks during May.
Key adjustments include a $2,350 target from Melius, a $2,025 target from Citi, and a $2,000 target from Susquehanna. Collectively, these May updates push SanDisk’s average share price target to $2,125.
Against SanDisk’s current trading price of $1,589.55, this average target implies a 33.7% upside—reflecting strong market confidence in the company’s long-term outlook.
Broader analyst data shows 18 research reports covering SanDisk have set a price target range of $1,000 to $2,350, with a median target of $1,400. The $2,125 May-upgraded average target notably exceeds this median level.
The bullish revisions are driven by widespread industry optimism about the storage sector’s growth cycle, fueled by surging demand for high-end stor
4 minutes ago
A certain whale has increased their holdings by 873.29 BTC, worth approximately $66.24 million.
On May 27, according to monitoring by OnchainLens, a large crypto whale withdrew 873.29 BTC from the OKX exchange, valued at approximately $66.24 million. The wallet in question now holds a total of 881 BTC, with a current worth of roughly $66.73 million.
4 minutes ago
Economist: Nominating Powell is a "Malicious Suppression" of Gold and Silver, Hawkish Rate Hike Cycle Difficult to Implement
May 27 — Mark Thornton, a senior researcher at the Ludwig von Mises Institute, warns the U.S. market is trading at historically elevated valuations, fueled by prolonged low interest rates and monetary expansion that has further widened wealth inequality.
Thornton notes both the Buffett Indicator and Cyclically Adjusted Price-to-Earnings (CAPE) Ratio are at extreme levels, with the CAPE only reaching comparable highs once in the past 150 years. He argues credit-driven growth has overwhelmingly benefited large financial institutions and asset owners, while ordinary consumers grapple with rising inflationary pressure.
Turning to the Federal Reserve Chair nomination, Thornton criticized the pick of Kevin Warsh, linking the sharp drop in gold and silver prices to what he calls the "greatest malicious manipulation" of the precious metals market, and implying major banks had advance knowledge of the news.
Additionally, Thornton points out U.S. national debt has topped 120% of GDP, a level
4 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
