Spot Bitcoin ETF Inflows to Surge to $220B by 2027, Says JPM Securities
JPM Securities emphasized that flows are most likely to increase significantly as ETF approval marks the start of a longer process of capital allocation.
Shopify (SHOP) Stock on Rise after JMP Securities Upgrade
By Tolu Ajiboye
On Wednesday, Canadian e-commerce giant Shopify saw its stock swell following a JMP upgrade to ‘Market Outperform.’
Robinhood CEO: SEC Charges ‘Don’t Reflect Robinhood Today’
By James Lovett
Last week, the SEC accused Robinhood of providing misleading information to its customers, which failed to disclose the revenue source of the trading app.
Root Manages to Raise $724.4 Million via IPO
Having raised substantial capital through the IPO, Root will be able to offset its $200 million debt in the near future.
Tesla Valuation Crosses $400 Billion as Other Electric Vehicle Makers Record Gains
By Tolu Ajiboye
Electric vehicle stocks are climbing consistently, with Tesla hitting a market cap over $400 billion, which also increased Elon Musk’s net worth.
Tesla Stock Surge Brings Elon Musk Closer to $1.8 Billion Payout
By Darya Rudz
In the past seven trading sessions, Tesla stock has jumped by 40%. Yesterday, Tesla stock closed at $1,365.88 per share, in the pre-market today, it is 1.66% up.
Tesla (TSLA) Stock at $1365, Down Nearly 2%, Goldman Sachs Names Price Target of $1300
Goldman Sachs named a new price target for Tesla (TSLA) stock. However, it is lower than the current value of the stock.
Tesla (TSLA) Stock Jumped 13% on Monday to New Record, Analysts Increase Share Price Target
By Tolu Ajiboye
Tesla stock has set a new record after it surged 13.5% on Monday. The increase has pushed the company’s market value to $245 billion. Today TSLA is trading in the green again.
TSLA Stock Up 3.69%, Tesla Tops Toyota to Become World’s Most Valuable Carmaker
By Darya Rudz
While Tesla has exceeded Toyota on market value, it is still falling behind the Japanese company by a wide margin on actual car production. Tesla stock closed at $1,119.63 on July 1. After-hours, it added another 1.55% to reach $1,137.00.
FB Stock Rose 5.84% on Monday, Facebook Shares Expected to Go Up Nearly 30%
Facebook (FB) jumped 5.84%, approximately $9.16 yesterday, In the pre-market, it is still gaining and has reached $166,20. JPMorgan and JMP Securities have reduced their price target of the stock to $215, which reciprocates to approximately 30% gains.
Tesla (TSLA) Stock Could Hit $1,060 as Coronavirus Creates Opportunity, Says JMP Analyst
JMP said its new price target of $1,060 for Tesla (TSLA) stock, is one of the highest on Wall Street and implies earnings multiple that “may seem excessive”.
Charles Schwab Brokerage Firm will Allow Investors to Trade Fractions of Stocks
By Darya Rudz
Charles Schwab will allow trading in fractions of shares to attract younger users to its online platform.
Mergers and Acquisitions Intensively Geared by Bitcoin Price Slump, JMP Securities Reveal
An avalanche of mergers and acquisitions taken place in the industry make experts suggest that stagnant cryptocurrency prices benefit business activity.