Prices: Bitcoin and ether fell slightly on Sunday, although there's potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment. Insights: Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and available Layer-2 and sidechain solutions.

NEAR Is the Blockchain Operating System: Your Entry Point to Web3

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Check out the companies making headlines in midday trading.

Lucid — The electric vehicle maker shed 8% after the company posted growing losses in the first quarter but said it has enough cash to continue operating into next year. The company missed expectations for revenue, reporting $149.4 million against a consensus estimate of $209.9 million from analysts polled by Refinitiv.

Binance Research (Colin Chan)

OMAHA, Neb. — Warren Buffett, whose conglomerate is viewed as a barometer of U.S. economic health because of the range of businesses it owns, said something that doesn’t bode well for those believing we will skirt a recession. The “Oracle of Omaha” believes that the “extraordinary period” of excessive spending on the back of Covid pandemic stimulus is over, and now many of his businesses are face