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Elon MuskBy Chris Isidore, CNN (CNN) — Elon Musk’s big promises apparently no longer seem to be enough for many Tesla investors. Shares of Tesla (TSLA) fell 9% on Thursday following another dismal earnings report, released after the bell Wednesday. Tesla’s earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company’s history. The automaker also faces a number of financial headwinds, including the loss of a $…See the Story
Tesla’s Stock Is Tumbling After Elon Musk Failed to Shift the Narrative
38% Left coverage: 24 sources
EthereumEther's recent price action may be fueled by more than just sentiment. According to Bitwise Asset Management Chief Investment Officer Matthew Hougan, the world’s second-largest crypto asset is undergoing what he calls a “demand shock,” driven by surging inflows into exchange-traded products and new corporate treasury strategies.In a thread posted Tuesday on X, Hougan broke down why he believes ether's rally is only getting started. Since mid-May…See the Story
Bitwise CIO on Ether’s ‘Demand Shock’: Why ETH’s Rally Has Staying Power
50% Center coverage: 4 sources
BlackRockThe first wave of U.S.-listed spot Ethereum exchange-traded funds (ETFs) has racked up nearly $8.7 million in net inflows in its first year on the market, according to public data compiled since the funds launched on July 23, 2024, despite heavy outflows out of Grayscale's Ethereum Trust (ETHE). That performance, while modest compared to their bitcoin counterparts, arrives alongside a surge in investor activity and price momentum. Over the past …See the Story
Ethereum ETFs Pull In $8.7B in First Year After Almost $5B Rush in Past Two Weeks
100% Center coverage: 2 sources
