Bernstein

Analysts at research and brokerage firm Bernstein have initiated coverage on Core Scientific (NASDAQ:CORZ) and Iren Energy (NASDAQ:IREN) with an outperform rating and reiterated their $200,000 price target for Bitcoin (CRYPTO: BTC). What Happened: The analysts, Gautam Chhugani and Mahika Sapra,...

Bernstein analysts suggest that if election sentiment shifts more Republican, crypto could become a primary “Trump trade.” What Happened: In a note to clients on Monday, analysts Gautam Chhugani and Mahika Sapra highlighted a recent downturn in market sentiment following significant...

Spot Bitcoin ETFs are on the cusp of gaining approval at major wirehouses, according to Bernstein analysts who maintain a bullish $200,000 Bitcoin target for the end of 2025. What Happened: As reported by The Block, Bernstein analysts Gautam Chhugani and Mahika Sapra refuted the claims of Bitcoin...

On Friday, in an appearance on CNBC’s Squawk Box, Bernstein analyst Toni Sacconaghi shared his insights on the future of Tesla Inc. (NASDAQ:TSLA) and the implications of CEO Elon Musk’s newly approved pay package. What Happened: Sacconaghi views the approval of Musk’s...

The idea that a political shift led to the SEC’s approval of spot Ethereum ETFs last month has been called into question after President Joe Biden vetoed a bill aimed at overturning SAB 121. What Happened: According to research from brokerage firm Bernstein, this recent veto undermines the...

The recent slowdown in bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) inflows is a temporary pause, not a negative trend, according to a report by broker Bernstein. What Happened: Bernstein’s research report suggests that the current slowdown in bitcoin ETF inflows is merely a short-term...

A research report found that Solana (CRYPTO: SOL) has emerged as the new leader in the realm of blockchain payments. What Happened: In its new report, Bernstein, a research and brokerage firm, attributes Solana’s success to its streamlined architecture, The Block reported. Compared to...

The Tesla, Inc. (NASDAQ:TSLA) rally has paused and the stock is poised to open slightly higher after the nearly 5% rally on Monday. A duo of analysts on Monday questioned the very premise on which the stock advanced. Unexciting: Tesla investors will not get excited about the August 8 robotaxi...

Trading platform company Robinhood Markets (NASDAQ:HOOD) saw shares trade higher Wednesday after market close on the heels of data showing higher February trading and account activity. Here's what analysts are saying about the latest for the company and how Robinhood could be a cryptocurrency and...

As Bitcoin (CRYPTO: BTC) continues its upward trajectory, Bernstein analysts have doubled down on their prediction that the cryptocurrency will reach a staggering $150,000 by 2025, following a recent price surge that saw it hit new highs. What Happened: Bernstein analysts strengthened their...

Shares of Li Auto Inc (NASDAQ: LI) tanked in premarket trading on Thursday amid reports of electric vehicle (EV) deliveries continuing to decline in China. The recent pullback in the company’s stock was likely triggered by the order intake for MEGA, its high-tech flagship family MPV, being...

Shares of Nio Inc (NYSE: NIO) were trading lower on Thursday amid reports of electric vehicle deliveries continuing to decline in China. The company’s fourth-quarter results reflected margin contraction and widening losses, and the setup for 2024 “remains challenging,” according...

Analysts at investment firm Bernstein project a promising future for Bitcoin (CRYPTO: BTC), anticipating its price to exceed the previous high of $69,000 and potentially reach $70,000 this year. Despite not expecting a smooth, volatility-free ascent, the firm sees a favorable risk-reward balance...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) declined in early trading on Wednesday, after the Santa Clara, California-based company reported its quarterly results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Northland Capital...

Shares of Hershey Co (NYSE: HSY) rose in premarket trading on Monday. The candy company’s market share and volume trends have improved significantly in recent months, according to Bernstein. The Hershey Analyst: Alexia Howard upgraded the rating for Hershey from Market Perform to Outperform,...