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Market Skeptical Of DOGE Hype, Questions Elon Musk's Execution, Bernstein Says
Tuesday, February 4, 2025 - 9:03am | 595Asset manager Bernstein reports that the market remains pessimistic about the Department of Government Efficiency (DOGE) initiative, expressing doubts about Elon Musk‘s ability to implement significant changes effectively. “The market remains pessimistic on the DOGE hype & believes...
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Market Seeks Further Information On Utilization Of 80% TRUMP Token Supply: Report
Monday, January 20, 2025 - 9:08am | 508A new report from Bernstein says that the cryptocurrency market will closely examine the utilization of 80% of the Official Trump (CRYPTO: TRUMP) token supply held by Trump insiders in the coming days. The TRUMP token, launched unexpectedly on the Solana (CRYPTO: SOL) blockchain, reached a fully...
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FedEx Braces For Q2 Earnings: 'One Of The Most Consequential Quarters In Years,' Analyst Says
Wednesday, December 18, 2024 - 8:13pm | 571FedEx Corp. (NYSE:FDX) is set to report its fiscal second-quarter results on Thursday after the closing bell and analysts are expecting a decline in earnings. What To Know: FedEx reported disappointing first-quarter results in September with adjusted earnings nearly 25% below consensus estimates....
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Wall Street Poised To Open Lower A Day After Nasdaq's Record Close Above 20,000: Expert Flags 'Deterioration Under The Surface' As 117 S&P 500 Stocks Hit New Monthly Lows
Thursday, December 12, 2024 - 7:45am | 1623U.S. stock futures declined on Thursday in premarket hours after hitting fresh highs on Wednesday. The futures of all the four major indices were trading lower. November inflation data was in line with analyst expectations, shooting up the probability of a further 25 basis point rate cut in...
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MicroStrategy: Nasdaq 100 Inclusion On The Horizon Could Spell 59% Upside, Says Bernstein
Wednesday, December 11, 2024 - 7:57am | 422Bernstein analysts have spotlighted MicroStrategy (NASDAQ:MSTR) as a potential inclusion in the Nasdaq 100, a move that could significantly boost the company's visibility and attract fresh inflows from major ETFs like (NASDAQ:QQQ). This development, coupled with MicroStrategy's aggressive Bitcoin (...
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Bitcoin Crashing? 'Mundane' Reasons, Says Bernstein: 'Buy The Dip'
Tuesday, December 10, 2024 - 11:06am | 357The pullback in Bitcoin‘s (CRYPTO: BTC) price sub $95,000 levels has raised concerns among traders, but Bernstein analysts advise investors to “buy the dip.” Despite a brief decline to $94,890 late last night European time, Bitcoin recovered to $97,750, showing resilience amid...
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MicroStrategy Is The 'Bitcoin Magnet,' Says Bernstein, But Not Everybody's Sold: 'Nothing Is Free In Finance,' Says One Analyst
Monday, November 25, 2024 - 8:26am | 635MicroStrategy Inc. (NASDAQ:MSTR) has been described as the “Bitcoin magnet,” attracting billions of dollars in global capital through its unprecedented Bitcoin (CRYPTO: BTC) treasury strategy. What Happened: Bernstein's report on Monday highlights MicroStrategy's role in mainstreaming...
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Robinhood Positioned As Top 'Crypto Deregulation' Trade, Says Bernstein
Wednesday, November 20, 2024 - 9:08am | 591Robinhood Markets Inc. (NASDAQ:HOOD) has been identified as the leading beneficiary of potential regulatory shifts in the cryptocurrency sector, according to a Bernstein report. What Happened: The research firm highlighted the brokerage platform as the “Top ‘Crypto Deregulation’...
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Bitcoin To $100,000 'Seems Around The Corner,' Bulls Are 'On The Right Side Of History'—Bernstein
Monday, November 18, 2024 - 10:53am | 622In a compelling endorsement of Bitcoin (CRYPTO: BTC), Bernstein analysts assert that being long on the leading cryptocurrency aligns investors with what they term as “the right side of history.” What Happened: Their latest report outlines Bitcoin’s robust trajectory, citing...
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Bitcoin Blasts Past $82,000: 'Buy Everything You Can,' Says Bernstein
Monday, November 11, 2024 - 8:45am | 570Bernstein on Monday reiterated a robust bullish stance on the crypto market, encouraging investors to "buy everything you can" as Bitcoin surged above the $82,000 mark on Monday morning. What Happened: Bitcoin (CRYPTO: BTC) is trading at $82,300, up 3.7% for the day, setting yet another all-time...
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The Future Of Crypto Regulation Under A Trump Administration: 'Headwinds Are Now Tailwinds'
Wednesday, November 6, 2024 - 3:00pm | 590Bernstein on Wednesday asserted that regulatory headwinds have transformed into tailwinds, following Donald Trump‘s victory in the U.S. presidential election. What Happened: "The market is nowhere close to factoring in this shift," stated Bernstein in its report on Wednesday. Bernstein's...
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Amazon Stock: Buy Now, Pay Off Later, Says Analyst
Tuesday, November 5, 2024 - 4:07am | 529Amazon.com Inc. (NASDAQ:AMZN) remains a compelling investment opportunity despite increased infrastructure spending planned for the coming year, according to Bernstein analyst Mark Shmulik, who maintains an “Outperform” rating on the stock with a $235 price target. What Happened:...
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Bitcoin Could Hit $90,000 If Trump Wins, Hold $50,000 Floor Under Harris: Bernstein
Monday, November 4, 2024 - 8:25am | 653Bitcoin (CRYPTO: BTC) could reach $90,000 if Donald Trump secures the presidency, whereas a Kamala Harris win could see Bitcoin stabilizing at a $50,000 floor before any recovery, according to new analysis. These predictions come at a time when both candidates have notably addressed crypto policy,...
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Robinhood's Crypto Strategy Hits 'Sweet Spot' For Dominating Future Investment Landscape: Bernstein
Thursday, October 24, 2024 - 1:11pm | 336Robinhood (NASDAQ:HOOD) is on track to become the leading cryptocurrency investment platform in the future, according to a new Bernstein report. What Happened: In its “Crypto Investing Guide” for October, Bernstein analysts highlight Robinhood's competitive advantage in the...
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General Motors Q3 Earnings Preview: Analyst Warns Of 'Rising Earnings Headwinds'
Monday, October 21, 2024 - 1:57pm | 822Automotive giant General Motors Co (NYSE:GM) will likely highlight the progress the company is making in electric vehicle production when the company reports third-quarter financial results before the market opens Tuesday. Earnings Estimates: Analysts expect General Motors to report third-quarter...