-
Bitcoin Headed for a Blow-Off Top Or A Brutal Pullback In The Second Half Of 2025? Analyst Sees A 'Clear Path' To This Level
Tuesday, July 1, 2025 - 6:30am | 753The first half of 2025 was nothing short of a roller coaster for Bitcoin (CRYPTO: BTC), marked by historic highs, sharp corrections, and exciting recoveries. What Happened: The apex cryptocurrency blasted to a new all-time high in January, driven by optimism over a crypto-supportive U.S....
-
MicroStrategy $650 Target Reiterated By Analyst With High Accuracy — Michael Saylor-Linked Company's Preferred Stock Offerings Will Attract Insurance Companies, Banks
Tuesday, January 7, 2025 - 4:36am | 559Shares of Bitcoin (CRYPTO: BTC) proxy stock MicroStrategy Inc. (NASDAQ:MSTR) rallied 11% on Monday, coinciding with a leading analyst reiterating the stock's $650 price target. What happened: Mark Palmer, an equity research analyst at Benchmark, maintained MicroStrategy with a Buy rating and...
-
Turnaround Imminent For Norwegian Cruises? 2 Analysts Share Takeaways From Investor Event
Tuesday, May 21, 2024 - 2:47pm | 526Shares of Norwegian Cruise Line Holdings (NYSE:NCLH) jumped over 7% on Monday after the company hosted its “Charting the Course” investor event. Amid management’s upward revision of 2024 Adjusted EPS from $1.32 to $1.42, two analysts shared their takeaways of Norwegian’s...
-
Bitcoin Surges Past $41K, But Analysts Predict Correction Post-Spot ETF Approval
Monday, December 4, 2023 - 11:27am | 490On Monday, Bitcoin (CRYPTO: BTC) prices blazed through the $41,000 mark, its highest price in more than 1.5 years. But, some analysts are forecasting a Bitcoin correction after the Spot Bitcoin ETFs are approved, terming the current scenario to be a “Buy the rumor, sell the...
-
Electronic Arts Gets Buy Rating Boost, Higher Price Target From Bullish Analyst
Tuesday, October 10, 2023 - 1:57pm | 417Shares of Electronic Arts Inc (NASDAQ: EA) were up 2.96% on Tuesday, currently trading at $128.37. The Electronic Arts Analyst: Omar Dessouky, from BofA Securities, upgraded EA to Buy as "the balance of risk appears more favorable." Moreover, Dessouky raised the price target from $...
-
Roblox Q2 Earnings Preview: Strong Revenue Growth, Increased Engagement Levels, Global Expansion
Tuesday, August 8, 2023 - 2:54pm | 559American video game developer Roblox Corp. (NASDAQ: RBLX) is set to report second-quarter 2023 results on Aug. 9 before the market opens. Earning Estimates: According to Zacks Equity Research, the consensus estimate for Roblox's revenue is expected to be $785.01 million, indicating growth of 22...
-
Mounting Interest Charges Set To Leave US 'Drowning In Debt' For 30 Years, Says Analyst
Saturday, August 5, 2023 - 6:43am | 418The U.S. government could be “drowning in debt” over the next few decades, warns Renaissance Macro Research, Business Insider reports. “CBO 30-year projection is bleak,” analyst Stephen Pavlick said in a note on Friday. “Rising debt + rising interest costs – debt...
-
Activision Blizzard Expected To Surge: Analyst Sees Upside In Proposed Microsoft Acquisition
Monday, May 22, 2023 - 2:54pm | 526Benchmark Company analyst Mike Hickey named Activision Blizzard Inc. (NASDAQ: ATVI) as a top pick in the Entertainment & Digital Media sector and set a price target of $90. Benchmark Price Target: In regard to Microsoft Corp.'s (NASDAQ: MSFT) proposed acquisition of...
-
Potential 'False Breakout' Looms For S&P 500 Despite Reaching Bull Market Region, Says Top Wall Street Analyst
Monday, May 22, 2023 - 9:31am | 643The S&P 500 Index may have reached the finish line of the rally that started in October 2022, after breaking above the 4,200 threshold last week. That's the opinion of Morgan Stanley's Equity Strategist Michael Wilson, who sees no evidence of a fresh bull market for the...
-
Big Tech Calls From Apple, Amazon, Alphabet Paint 'Different Picture' Than What Tech Bears Hoped For Says, Wedbush Analyst
Thursday, February 2, 2023 - 9:38pm | 723Wedbush analyst Dan Ives said Thursday that calls from Apple Inc (NASDAQ: AAPL), Amazon.com, Inc (NASDAQ: AMZN) and Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) are painting a different “picture of demand” than what tech bears conceived. What Happened: Ives said on...
-
Analyst Says Bitcoin Surge Has Just Begun, Anticipates This Price Target By February
Saturday, January 21, 2023 - 2:29pm | 623Bitcoin (CRYPTO: BTC) is soaring on Saturday, surpassing $23,000 for the first time since mid-August 2022. In November 2021, the cryptocurrency reached an all-time high of $68,789.63. One crypto analyst is upbeat about the movement. Pseudonymous crypto strategist Kaleo explained that...
-
Crypto Analyst Issues Bitcoin, Ethereum Warning After BTC Explodes Over $20K: 'There's A Problem For Bulls'
Sunday, January 15, 2023 - 4:49pm | 537The pseudonymous crypto analyst Capo says that the recent rallies in the cryptocurrency market mean nothing, and new lows are still likely. Bitcoin (CRYPTO: BTC) has rallied 21% in the last seven days, and Ethereum (CRYPTO: ETH) has rallied 23%. But Capo says the market’s bounce hasn...
-
Wedbush Analysts On Cannabis Challenges & Opportunities In 2023: Where Do We Go From Here?
Wednesday, January 11, 2023 - 12:29pm | 857This week's Institute of Cannabis Research Conference at the Grande Lakes Hotel & Resort in Orlando, Florida was attended by cannabis executives and analysts. One of the hot topics was the Secure and Fair Enforcement (SAFE) Banking Act, which was excluded from a...
-
Why AT&T Is Agreeing To Pay $6M Penalty To The SEC: What Investors Need To Know
Saturday, December 3, 2022 - 4:39pm | 355According to a lawsuit filed by the Securities and Exchange Commission (SEC), AT&T Inc. (NYSE: T) has agreed to pay a $6.25 million penalty for selectively leaking financial information to Wall Street analysts. Three AT&T executives, Christopher Womack, Kent Evans, and Michael Black,...
-
Aurora Shares Plunge On Q4 Earnings Report But This Analyst Sees Better Days Ahead, Here's Why
Wednesday, September 21, 2022 - 10:40am | 493Aurora Cannabis Inc. (NASDAQ: ACB) reported its financial and operational results for the fourth quarter and fiscal year ending June 30, 2022, on Tuesday, revealing a net revenue of $50.2 million compared to the previous quarter's total cannabis net revenue of $50.4 million. Medical cannabis...