By Marco Piccolo Key highlights: Bernstein projects the ongoing crypto bull market will extend through 2027, surpassing the typical four-year cycle. Coinbase, Robinhood, and Circle are expected to be top beneficiaries, with significant price target upgrades. Broader adoption of crypto assets beyond Bitcoin, coupled with favorable U.S. policy and institutional interest, fuels the optimistic outlook. […]
Tag: AWS
By Marco Piccolo Key highlights: Oppenheimer has raised Amazon’s stock price target to $250, citing improved e-commerce margins and AI-driven operational efficiency CEO Andy Jassy plans to control workforce growth using AI, as Amazon boosts automation and relocates staff to improve productivity Amazon announces a £40 billion ($54 billion) investment in the UK, signaling a […]
By Ted Late After reaching an all-time high above 6,144 points in mid-February, the S&P 500 Index retraced all the way to sub-5,000 levels. At the time of writing, the index stands at 5,855 points, which is basically breakeven for the year. A major reason for the slowdown is macroeconomic uncertainty surrounding tariffs and the war in Ukraine. […]