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Dogecoin’s three-week surge has run out of road. DOGE hit a local peak above $0.116 two days ago before reversing sharply, posting a -3.37% 24-hour decline and a -1% seven-day drop according to CoinGecko, and the key question now is whether this is a brief consolidation or the start of a steeper leg down and how does it affect Maxi Doge.The rally had carried DOGE roughly 29% from its mid-April low near $0.091, but analysts were already skeptical: no fundamental catalyst ever clearly explained the move. Trading volume surged 55.80% to over $3 billion in the last 24 hours, signaling…

The Q1 earnings season reconfirmed the steadily improving earnings outlook we have consistently highlighted in our earnings commentary.The earnings focus lately has been on the blockbuster mega-cap Tech players in the Magnificent 7 group of companies, but results have been impressive across the board in all sectors. Most companies have comfortably exceeded Zacks Consensus EPS and revenue estimates and are showing accelerating earnings and revenue growth trends.Most importantly, the substance and tone of management guidance has largely been reassuring, notwithstanding the uncertain geopolitical backdrop. This is keeping the aggregate revisions trend positive, which we discuss in some detail later on.The…

A general view of the cruise ship MV Hondius stationary off the port of Praia, the capital of Cape Verde, on May 3, 2026. AFP | Getty ImagesFor now, prediction market traders aren’t too worried about the hantavirus.Kalshi data shows only a 21% chance of the hantavirus outbreak will be a concern this year. The prediction markets platform opened its market on the hantavirus on Wednesday night, noting it will be resolved if the World Health Organization verifies that the virus is “a public health emergency of international concern” in 2026.Compared to other markets opened on the same day, trading…

Key PointsIn today’s uncertain market, stocks with cash payouts have not been immune to challenges. Although such stocks tend to produce significant free cash flows, rising costs and comparatively high interest rates have often weighed on such stocks, often taking them down by over 20%.The silver lining in this situation is that lower prices tend to bring higher dividend yields. Knowing that, these dividend stocks could be particularly intriguing buys under current conditions.Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and…

In our previous update on the Semiconductor Index, we showed that, based on historical analyses of the relative strength indicator (RSI) returns for the short-, intermediate-, and long-term, the average returns were -7%, +15-25%, and -8 to -26%, respectively. See Table 1 below. Table 1: Forward returns when the daily RSI5 and 14 are above 95 and 83.5, respectively Fast-forward to today, the index lost 6.7% at the April 28 low and has since risen ~11% from the April 26 high. So far, so good. The index is right on track. Moreover, in our previous update, we used our Elliott…

Magyar sworn in as Hungary’s prime minister on promises of change

The Iowa Natural Heritage Foundation has asked a federal agency to allow a likely-to-be abandoned Des Moines-area rail line to be converted to a multi-use recreation trail. In a letter dated April 27, foundation president Joe McGovern asked the Surface Transportation Board to take the necessary steps to allow public use of the 12.2-mile stretch of rail line between Grimes and Des Moines that Norfolk Southern Railway Co. is proposing to be abandoned. McGovern wrote that the foundation was writing the letter on behalf of the Polk County Conservation Board, and the cities of Des Moines, Grimes, West Des Moines,…

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today reported the key issues facing the federal banking system in the Semiannual Risk Perspective for Spring 2026. Bank earnings improved in 2025, supported by loan growth and a decline in funding costs. Balance sheets remain strong and credit risk within the federal banking system remains manageable. Earnings releases for the first quarter of 2026 indicate that these trends have generally persisted. The OCC highlighted credit, market, operational, and compliance risks, as key risk themes in the report. The report also discussed innovation. Highlights from the report include: Credit conditions and…

Make CryptoSlate preferred on The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whether Congress should impose new ethics restrictions on federal officials and elected leaders involved with the crypto industry.On May 7, crypto journalist Eleanor Terrett reported that the draft text of the crypto market structure bill had circulated among industry participants ahead of a potential committee vote.According to her, the language is still being revised, with Democratic priorities expected to shape additional changes before the panel acts.This move marks the clearest sign…

has spent years building toward a moment like this. On May 7, the company reported its fiscal Q1 2026 results after the bell, and the numbers were exceptional across every meaningful metric. Record revenue. Record gross margin. Record backlog. Record new contracts. And Q2 guidance that blew past analyst expectations by a wide margin. For a company that has been one of the most closely watched names in the space sector this year, this was the kind of quarter that validates the entire thesis. A Clean Sweep Across Every Metric Q1 2026 revenue came in at $200.3 million, up 63.5%…