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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/27/2026 10:17 PM XRP Long Liquidations Surge 832% as Derivatives Market Undergoes Forced Reset
TLDR: XRP long liquidations surged 832% over the past week, reaching nearly $3.0 million in forced exits. Open Interest dropped from $1.18B to $1.04B, reflecting an 11.1% monthly decline in leveraged exposure. Binance XRP reserves fell just 0.35% weekly, showing spot holders remained calm amid futures turmoil. A Tom DeMark “9” buy signal and Morning [...]
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06/27/2026 04:06 PM Nvidia (NVDA) Stock Down 9% This Month — Should Investors Buy the Dip?
Nvidia stock declined 9% this month, now trading at 22x forward earnings. Analysts rate it a Buy with $303.84 target after strong Q1 earnings beat.
The post Nvidia (NVDA) Stock Down 9% This Month — Should Investors Buy the Dip? appeared first on Blockonomi.
06/27/2026 03:59 PM Bloom Energy (BE) Stock Plunges 18% Following Massive Rally — What Went Wrong?
Bloom Energy (BE) stock crashed 18% Friday after a massive run-up, pressured by competing energy deals, DOE nuclear funding, and short-seller warnings.
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06/27/2026 03:52 PM Uber (UBER) Stock Surges on Waymo Growth: Why Wall Street Remains Optimistic
Uber (UBER) stock rose 5.6% as Citizens reaffirmed its $100 price target, driven by Waymo's 134% year-over-year growth in autonomous ride miles.
The post Uber (UBER) Stock Surges on Waymo Growth: Why Wall Street Remains Optimistic appeared first on Blockonomi.
06/27/2026 03:51 PM Cisco (CSCO) Stock Plunges 4.4% Despite Beating Earnings: Here’s Why
Cisco (CSCO) stock declined 4.4% Friday despite strong Q3 earnings. Analysts remain bullish, but valuation concerns and insider sales raise questions.
The post Cisco (CSCO) Stock Plunges 4.4% Despite Beating Earnings: Here’s Why appeared first on Blockonomi.
06/27/2026 03:44 PM Snowflake (SNOW) Stock: Insiders Dump $390M While Analysts Maintain Strong Buy Ratings
Snowflake (SNOW) CAO sells $431K in shares as insiders offload $390M total. Despite heavy selling, analysts maintain Moderate Buy rating with $293.53 target.
The post Snowflake (SNOW) Stock: Insiders Dump $390M While Analysts Maintain Strong Buy Ratings appeared first on Blockonomi.
06/27/2026 03:19 PM GameStop (GME) Stock Rallies 4% as Cohen Doubles Down on eBay Acquisition Push
GameStop (GME) stock rose 3.57% after Ryan Cohen reaffirmed the company's $56B eBay bid and projected over $600M in adjusted EBITDA for fiscal 2026.
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06/27/2026 03:12 PM Lucid (LCID) Stock Soars 15.6% Amid Uber Robotaxi Partnership Buzz
Lucid (LCID) stock surged 15.6% on robotaxi partnership news with Uber and Nuro, but analysts remain cautious with 'Reduce' rating and $9.67 price target.
The post Lucid (LCID) Stock Soars 15.6% Amid Uber Robotaxi Partnership Buzz appeared first on Blockonomi.
06/27/2026 03:05 PM Apple (AAPL) Stock Gains 3% Amid Bid to Source Chips From Sanctioned Chinese Manufacturer CXMT
Apple (AAPL) stock climbs 3% as company seeks Trump administration approval to buy memory chips from blacklisted Chinese supplier CXMT amid rising costs.
The post Apple (AAPL) Stock Gains 3% Amid Bid to Source Chips From Sanctioned Chinese Manufacturer CXMT appeared first on Blockonomi.
06/27/2026 02:59 PM Western Digital (WDC) Stock Plummets 13% Amid Analyst Downgrade and Dilution Concerns
Western Digital (WDC) stock tumbled 13% on June 26 after a Fox Advisors downgrade, share dilution from note conversions, and heavy insider selling.
The post Western Digital (WDC) Stock Plummets 13% Amid Analyst Downgrade and Dilution Concerns appeared first on Blockonomi.
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