Loop Capital reiterated a “Buy” rating on Amazon (NASDAQ: AMZN) with a $360 price target on April 15, pointing to the company’s newly announced agreement to acquire Globalstar, an American satellite operator. Looking ahead, analysts believe a potential SpaceX IPO could also support Amazon’s satellite broadband ambitions by highlighting the broader value of space-based connectivity.
Broadcom (NASDAQ: AVGO) continued its month of making deals related to artificial intelligence (AI) with an agreement with Meta Platforms (NASDAQ: META) on April 14 and was, seemingly, immediately rewarded in the stock market. Specifically, the software infrastructure and semiconductor company revealed that it will be supplying the social media giant with the industry-first 2nm
Nike (NYSE: NKE) stock is drawing renewed confidence following a wave of insider buying by senior executives and board members. Specifically, Apple (NASDAQ: APPL) CEO Tim Cook, a longtime Nike director and current lead independent director, purchased 25,000 shares on April 10 at an average price of $42.43, investing about $1.06 million. His holdings now
Citi raised its Alphabet (NASDAQ: GOOGL) stock price target from $390 to $405 and kept a “Buy” rating ahead of the Q1 report scheduled for April 29. Analyst Ronald Jose also put Google on a 90-day “upside Catalyst Watch,” citing a lineup of product launches and key events that could drive the stock higher through
With the annual slowdown in deliveries, the Cybercab and the self-driving technology have become increasingly important for Tesla (NASDAQ: TSLA) stock’s valuation, and the artificial intelligence (AI) of ChatGPT believes the vehicle could, upon a successful launch, indeed drive the equity higher. Indeed, as seen from the vast difference in the market capitalization between Elon
In brief Senator Elizabeth Warren raised concerns about X Money’s planned April launch, citing consumer protection, national security, and financial stability risks. Warren highlighted X Money’s acquisition of 40 state money transmitter licenses and preview materials suggesting it will offer deposit accounts with up to 6% APY. The Senator also flagged a “suspicious carveout” in
In stark contrast with his first term, President Donald Trump has grown exceptionally close to the cryptocurrency industry in the lead-up to and upon his return to the White House, to the point that the presidential family has become entangled with multiple digital assets projects. While such a setup means traders who put money in
BlackRock Inc. (NYSE: BLK) reported its first-quarter 2026 results on Tuesday, April 14, revealing a stark divergence between its digital asset inflows and its AUM (assets under management) performance. During the first three months of 2026, BlackRock attracted $935 million in net inflows into its digital asset products, according to its quarterly report, as analyzed
High Roller Technologies announced today that it signed a deal with Crypto.com to enter the U.S. prediction markets space. The company’s shares surged more than 100% from about $5 to nearly $11 on Tuesday before pulling back roughly 45% to trade near $6.38 at press time. The company said it executed a definitive agreement with
The Federal Reserve’s latest Beige Book report revealed that economic growth continues, but the outlook is becoming increasingly complex due to uncertainties. According to the report, economic activity increased slightly to moderately in eight of the 12 Federal Reserve regions. In contrast, economic activity remained almost unchanged in two regions, while a slight to moderate