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Wells Fargo has increased its price target on Advanced Micro Devices to $615 from $505 while maintaining its Overweight rating, reflecting growing confidence in the company’s long-term server CPU business and continued demand driven by artificial intelligence (AI).AMD shares rose 2% on Tuesday’s trading after closing the previous session 3.4% higher at $539.49.Wells Fargo raises revenue and earnings forecastsWells Fargo increased its revenue estimates for AMD’s server CPU business over the next three years.The brokerage now projects server CPU revenue of $16.0 billion in 2026, rising to $20.5 billion in 2027 and $25.0 billion in 2028.The firm left its data…
Top software stocks have slumped this year amid the lingering concerns that artificial intelligence tools by companies like OpenAI and Anthropic will hurt their revenue growth in the long term. ServiceNow (NOW) stock is down by 35% this year, while Salesforce (CRM), Workday (WDAY), and Adobe (ADBE) have fallen by over 40%.NOW, CRM, WDAY, and ADBE have gone through a valuation resetThe ongoing software slump has made these companies affordable to most people. A good example of this is by comparing their current valuations with that of the S&P 500 Index and their historical levels.The S&P 500 Index has a…
Bitcoin gave back its entire April rally to close Q2 2026 down roughly 11%, and $8.35 billion in wiped-out long positions has left the market thinner but steadier heading into the third quarter, according to a June 30 report from Talos. The pullback came as a Federal Reserve in no hurry to cut rates and a rush into AI stocks drew money away from crypto, weakening its main sources of demand and setting off a round of forced selling that cleared leverage out of the derivatives market. What Drained Crypto’s Demand in Q2 Bitcoin rose to around $82,000 through April…
BitGo has expanded its institutional custody platform to support YLDS, the SEC-registered yield-bearing digital security issued by Figure Certificate Company, giving institutional investors access to regulated custody for one of the first blockchain-native fixed-income products registered with the U.S. Securities and Exchange Commission. The digital asset infrastructure provider said YLDS can now be held through BitGo Bank & Trust, its federally chartered digital asset trust bank regulated by the Office of the Comptroller of the Currency. The launch combines SEC-registered digital securities with qualified custody infrastructure designed for institutional investors, highlighting the growing convergence of traditional securities regulation and blockchain-based…
Top software stocks have slumped this year amid the lingering concerns that artificial intelligence tools by companies like OpenAI and Anthropic will hurt their revenue growth in the long term. ServiceNow (NOW) stock is down by 35% this year, while Salesforce (CRM), Workday (WDAY), and Adobe (ADBE) have fallen by over 40%.NOW, CRM, WDAY, and ADBE have gone through a valuation resetThe ongoing software slump has made these companies affordable to most people. A good example of this is by comparing their current valuations with that of the S&P 500 Index and their historical levels.The S&P 500 Index has a…
Markets await Middle East peace progress, monitor central bank policy shifts, and analyze the yen’s persistent weakness against the dollar. US-Iran Truce and Strait of Hormuz Stability Financial markets are navigating a period of cautious optimism as the United States and Iran move toward a temporary truce following recent military exchanges near the vital Strait of Hormuz. While this diplomatic breakthrough—facilitated by Qatar and Pakistan—has prompted investors to begin unwinding the geopolitical risk premium that previously inflated crude prices, the environment remains exceptionally fragile. Because the current framework is merely an initial step toward a broader deal within a 60-day…
The token remains 50.07% down from the all-time high of $59.39 hit in September last year. The technical indicator shows the first resistance at $34.21, followed by second and third resistances at $37.59 and $43.09. Hyperliquid (HYPE) has been captivating strong market attention for the past few days; however, the price action tells another story. Instead of increased interest, HYPE continuously trades on a negative side, slipping over 25% since the beginning of February 2026. At the time of writing, the token is exchanging hands at $29.77, down by 5.51% in the past 24 hours. The seven-day move remained down…
The Commodity Futures Trading Commission and the Securities and Exchange Commission have moved against Netrios LP Ltd. and Red Acre Ltd. in parallel settlements that put the infrastructure behind offshore CFD brokers under direct U.S. regulatory scrutiny. In a CFTC order dated June 26, 2026, Netrios was ordered to pay a $1.75 million civil monetary penalty and Red Acre was ordered to pay $750,000 for facilitating illegal off-exchange leveraged or margined retail commodity transactions involving U.S. customers who were not eligible contract participants. The SEC imposed the same penalty amounts in a separate administrative order dated June 29, 2026, bringing…
Bittensor (TAO) rose 20% intraday, trading between $160.17 and $208.10 while holding above recent support. Short-term indicators show improving momentum, with resistance near $210 and support around $160–$170. Bittensor (TAO) recorded a strong move higher in the latest session, rising roughly 20% on the day as buyers pushed the token off recent lows. The rally comes after an extended corrective phase that had weighed on price action for several weeks. At the time of writing, TAO priced at $191 with a market cap of $2.04 billion. Over the past 24 hours, TAO traded between an intraday low of $160.17 and…
The textbook rule says gold (XAU/USD) rises when real yields fall — and over the past two years that rule has been wrong. Gold ran to a record near $5,595/oz in January 2026 even as US real yields stayed high and the dollar strengthened, because the marginal buyer stopped being the Western macro fund and became the central bank. That is why any honest gold (XAU) price prediction for 2026, 2028 and 2030 cannot lean on the old Fed-and-real-yields playbook. The decisive variable now is whether the central-bank and de-dollarisation bid that decoupled gold from real rates keeps buying —…