Newsmax Stock Craters Nearly 50% After Sizzling IPO—But Valuation Still Tops New York Times, Other M
In the third act of its dramatic debut as a public company, conservative media company Newsmax faced a harsh reality as its stock lost a sizable chunk of its early gains, though it remains valued favorably compared to comparable companies, with one notable exception: The parent of President Donald Trump’s Truth Social.
Shares of Newsmax tanked as much as 50% to below $120 by late morning Wednesday before recovering slightly to a 45% loss, shedding more than $10 billion in value as its market capitalization dropped from $20.7 billion to $11 billion, according to Yahoo Finance. Newsmax stock is still up about 1,200% from its initial public offering price of $10. As such, Newsmax’s valuation remains far loftier than the typical stock’s compared to the company’s financial performance. In 2024, Newsmax reported a $72 million net loss on $171 million of revenue, meaning its price-to-sales ratio is a sky high 63.9 (the commonly used price-to-sales ratio compares Newsmax’s $11 billion market capitalization to its last 12-month sales). #StockMarketSuccess #TrumpCrypto $SOL $UMA
Investors may wish to invest in bitcoin in the first place, because of its strong performance, returning 47,116.2%% over the last 10 years and 997.9%% over the last 5 years. Depending on who you ask, bitcoin can serve as a promising speculative asset, an alternative store of value to the fiat currency like gold or a currency as it can serve as a means of exchange. A bitcoin ETF is most suitable for investors who wish to gain exposure to bitcoin as a speculative asset, earning a potential return from the asset’s growth.
Bitcoin Spot ETFs like IBIT and FBTC allow investors to invest in bitcoin’s price movements through traditional brokerage accounts without needing to store bitcoin assets themselves. These ETFs provide liquidity, regulatory oversight, and simple trading alongside stocks, bonds and other funds in your portfolio.
For investors who only wish to invest in bitcoin and not in other cryptocurrencies like Ethereum or Solana from their existing brokerage account, bitcoin ETFs like IBIT and FBTC are a good solution, rather than a cryptocurrency exchange like Coinbase.
MGX, an Abu Dhabi sovereign wealth fund, invests $2 billion in @Binance for a minority stake. The transaction will be 100% in crypto (stablecoins), marking it the largest investment transaction done in crypto to date.
This is also the first institutional investment @Binance has taken.
Bitcoin flatlines as inflation cools, but what’s really going on? 🤔
–BTC trades flat despite better-than-expected inflation data, up 2.55% in 24 hours but down 8.31% this week. –Trading volume drops 21.14%, signaling quieter market activity. –Analysts stay bullish, predicting BTC could hit $150K this cycle.
Traditional markets cheer, but tariffs keep investors cautious. 📉
vic USDT Short Trade Alert 🔻 📉 Current Price: $0.2542 (-0.82%) 📊 Market Trend: Massive pump followed by a strong rejection and consolidation 📉 Support Levels: $0.2400 - $0.2200 📈 Resistance Levels: $0.2650 - $0.2800 Trade Setup 🎯 Targets: TP1: $0.2450 ✅ TP2: $0.2350 TP3: $0.2200 🛑 Stop Loss: $0.2700 📊 Market Insight: Price action shows exhaustion after a parabolic rise. Bearish rejection from highs indicates potential further downside. Consolidation near $0.2500 suggests weakening momentum. 🔥 Pro Tip: Best short entry near $0.2580 - $0.2600 for optimal risk-reward. A drop below $0.2500 confirms further selling pressure. Adjust stop-loss to $0.2600 if price nears $0.2450 to secure profits. ⚠️ Risk Management: Maintain a 2:1 risk-reward ratio. Exit short trade if price reclaims $0.2700. 🚨 Bearish Confirmation – SHORT POSITION ACTIVE! $VIC
bnx USDT Short Trade Alert 🔻 📉 Current Price: $1.1675 (-0.18%) 📊 Market Trend: Sharp pump followed by early signs of weakness 📉 Support Levels: $1.1000 - $1.0500 📈 Resistance Levels: $1.2000 - $1.2500 Trade Setup 🎯 Targets: TP1: $1.1200 ✅ TP2: $1.0800 TP3: $1.0500 🛑 Stop Loss: $1.2100 📊 Market Insight: Strong rejection after a sharp rally suggests profit-taking. If price breaks below $1.1500, further downside is likely. Volume is declining, indicating possible loss of bullish momentum. 🔥 Pro Tip: Best short entry around $1.1750 - $1.1850 for an optimal risk-reward ratio. If price stabilizes above $1.2000, exit short position. Trailing stop recommended to lock in profits if price moves below $1.1000. ⚠️ Risk Management: Maintain a 2:1 risk-reward ratio. Reduce exposure if price holds above $1.1800 for an extended period. 🚨 Bearish Confirmation – SHORT POSITION ACTIVE! $BNX #TheBitcoinAct
PENGU 0.006234 +17.31% /USDT Bull Run Alert ..!💯🔥 Ready to Catch the Opportunity Waves.. 📈💯✅ $PENGU is up 10.77%, trading at $0.006225. The price hit a high of $0.006319 and found support at $0.005094. Entry: $0.0060 - $0.0062 Targets: 1️⃣ $0.0065 2️⃣ $0.0070 3️⃣ $0.0075 Stop Loss: $0.0058 Key Levels: Support: $0.0060, $0.0058 Resistance: $0.0065, $0.0070 Pivot: $0.0062 Outlook: Bullish momentum, but needs to hold above $0.0062 for further gains. A breakout above $0.0065 could trigger a stronger rally. #TheBitcoinAct #BinanceAlphaAlert #MtGoxTransfers #MarketPullback #MarketPullback
binance should list pi it's a authentic project and people also want to list in binance they vote but binance list til now if pi is a scam coin then binance also list a lot scam coins one more can't be effect in over life...
hello dear burger cities boys bull run starts from now i think tomorrow burger boys wil get surprised be ready for jump $BURGER #JobsReportShock #MarketPullback
Latest Numbers ; Consumer Price Index (CPI): +0.5% in Jan 2025 ; Unemployment Rate: 4.0% in Jan 2025 ; Payroll Employment: +143,000(p) in Jan 2025 ; Average Hourly ...
#USCryptoReserve The U.S. Crypto Summit is about to change everything. Strategic Reserve expansion confirmed—more tokens will be added after the event. 🚀 This could trigger the biggest Altseason in history! 🚀 💰 Here are the top altcoins set to explode post-announcement: 👇 Hey, wait a second... Maybe it’s your first time seeing my posts, but I’m dropping some of the best insights here. If you want to stay ahead of the curve, Follow, Like & Repost! Let’s make sure you’re ready for what’s coming. 📢 1/ Trump Is Betting on Crypto As part of his campaign strategy, Donald Trump is now fully embracing crypto. His goal? Boost the industry, cut red tape, and fuel mass adoption. A bold move to position the U.S. as the leader in digital assets.$XRP