Robinhood 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’ Trade,” increasing its price target to $51, up from $30, reflecting a 46% upside. In a note […]
Murtuza Merchant | November 20, 2024
Destiny Tech100 Inc. (NYSE:DXYZ) saw a 12.89% rise in its value during Monday’s premarket after President-elect Donald Trump appointed pro-Starlink Republican Brendan Carr as the new chairperson of the Federal Communications Commission (FCC). What Happened: The investment firm, Destiny Tech100, primarily focuses on private technology companies, with its largest holding being SpaceX, which constitutes 37.6% […]
Pooja Rajkumari | November 18, 2024
On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Altria Group, Inc. (NYSE:MO) is “undervalued,” but he is not going to recommend tobacco stocks. On Oct. 31, the company reported third-quarter adjusted earnings per share of $1.38. It beat the street view of $1.35. Quarterly sales of $5.334 billion (+1.3%) beat the analyst consensus estimate […]
Avi Kapoor | November 15, 2024
ZoomInfo Technologies Inc. (NASDAQ:ZI) reported better-than-expected earnings for its third quarter on Tuesday. On Tuesday, the company reported revenueof $303.6 million, beating estimates of $299.4 million, and adjusted EPS of 28cents, exceeding the consensus of 22 cents. Total revenue was down 3% on a year-over-year basis in the quarter. ZoomInfo ended the quarter with 1,809 […]
Avi Kapoor | November 13, 2024
Wedbush analyst Dan Ives on Monday raised his price target on Tesla Inc (NASDAQ:TSLA) from $300 to $400, in the hope that Donald Trump winning the Presidential election will be a “gamechanger” for the EV giant spearheaded by billionaire Elon Musk. What Happened: “…We believe the Trump White House win will be a gamechanger for […]
Anan Ashraf | November 11, 2024
June 10, 2024