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.
JPM Securities emphasized that flows are most likely to increase significantly as ETF approval marks the start of a longer process of capital allocation.
On Wednesday, Canadian e-commerce giant Shopify saw its stock swell following a JMP upgrade to ‘Market Outperform.’
Last week, the SEC accused Robinhood of providing misleading information to its customers, which failed to disclose the revenue source of the trading app.
Having raised substantial capital through the IPO, Root will be able to offset its $200 million debt in the near future.
Electric vehicle stocks are climbing consistently, with Tesla hitting a market cap over $400 billion, which also increased Elon Musk’s net worth.
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.
Goldman Sachs named a new price target for Tesla (TSLA) stock. However, it is lower than the current value of the stock.
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.
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.
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.