Bitcoin drops 3% to $66,400 after Trump announces more Iran strikes. Oil surges past $104 as BTC futures open interest falls 2.5% in four hours.
JPMorgan and Goldman Sachs are considering entering prediction markets as platforms like Polymarket and Kalshi reach multi-billion dollar valuations.
Stanley Druckenmiller increased Alphabet stake 277% and Amazon 69% in Q4. Google Cloud surged 48%, AWS grew 24%. Both trade at historic valuation discounts.
Western Digital (WDC) surges 11% after Bernstein upgrade to Outperform with $340 price target, calling recent TurboQuant-driven decline overblown.
Alphabet (GOOGL) receives bullish price targets from Needham ($400) and Wells Fargo ($397) while CLO John Kent Walker sells $2.48M in shares.
BP stock declines as Meg O’Neill takes CEO position, committing to oil-focused strategy and debt reduction goals of $14-18B by 2027. Historic appointment.
TSMC, Broadcom, and Micron receive unanimous analyst support with no sell ratings. Discover why these AI supply chain stocks are Wall Street favorites.
Rivian (RIVN) stock rises 2.5% on D.A. Davidson upgrade to Hold. R2 pricing and expired EV tax credits create uncertainty for the EV maker’s growth path.
Benchmark initiates Microsoft (MSFT) with Buy rating at $450 target after 23% drop, citing AI data edge, OpenAI stake worth $227B, and justified capex.
AppLovin (APP) stock rises 2.21% premarket as Evercore analyst says recent decline doesn’t align with fundamentals after conducting UA operator surveys.