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What’s the Right “Level of Care” for A.I.?
Dollar Strengthens as Elevated Yields Impact Euro Amid French Fiscal Concerns
Brazilian Real Appreciates Over 4% Against US Dollar Following Bolsonaro's Strong Presidential Performance
5 Challenges David Ellison Faces as Warner Bros. Discovery and Paramount Merge
Trio Share Medicine Nobel for Brain Research Breakthroughs
Philippines' Mynt Set for $7 Billion Valuation in Upcoming IPO
Strategy Acquires Additional Bitcoin, Total Holdings Reach 848,000 BTC
Yemeni Government Forces Claim Control of Bab el-Mandeb Area
Brazil Assets Surge as Bolsonaro Takes Lead in Election Race
Middle East oil exports top pre-war levels for part of September but tanker attacks increase
German and US scientists win Nobel medicine prize for work on light and brain
BofA starts bullish coverage on NKT on rising HVDC cable demand
Euro slides on France worries; Fed pause hopes support stocks
Tech Billionaires Gain $845 Billion in 2026 Amid AI Boom
Sugar Extends Rally to Highest Level Since 2024 on Weather Risks
Bundesbank President Warns of Inflation Risks Due to Low Gas Storage in Germany
Submit a question: What is driving the global bond sell-off?
Yemeni government forces advance on Bab el-Mandeb Strait
Why is Alector stock surging today?
Exclusive: AIR Global’s vape pod, key technology win major industry awards
Turkiye's annual inflation drops in September
CH Robinson to Buy Logistics Firm RXO in $5.8 Billion Deal
Donald Trump’s diesel export coercion will not strengthen the US
One person is now a quorum at the SEC
Morgan Stanley Reiterates Overweight Rating on SpaceX with $300 Price Target
US SEC Proposes New Rules for Crypto Custody in Wealth Management
Citi Includes Four Healthcare Stocks in 90-Day Upside Catalyst Watch List
Why is Vistra stock surging today?
RXO shares soar as C.H. Robinson announces $5.8B cash and stock buyout
Global Oil Supply Buffer Is ‘Scarily Thin,’ Aramco CEO Says
Japan’s GPIF Didn’t Discuss Allocation At Sept Meeting: Sources
Fifteen-Year-Old Student Injured During School Protests in France
BP Must Make Better Use of Shareholder Capital, CEO O’Neill Says
The World Risks Becoming Too Reliant on US Liquefied Natural Gas
Reserve Benchmarks 2026 – executive summary
Gold Rises as Europe Debt Risks Boost Appeal of Haven Assets
What’s Driving the Global Bond Selloff? Your Questions Answered
Iran's IRGC Issues Threat to Tanker in Strait of Hormuz
Divergence from global cycles gives Asia policy room – Amro
The Morning Risk Report: New AI Czar Unveils Goals, Members of White House Task Force
Big Oil goes to US Supreme Court over pivotal climate damages claim
U.S. President's Schedule for October 5, 2026, Includes Policy Meetings and Travel to Nebraska
Replenishing crude and fuel stocks could take two years, Saudi Aramco CEO says
Morning Bid: Francoprone
Why is Harley-Davidson stock up 3% today?
U.S. Markets to Monitor Key Economic Indicators Today
Nolla Health AI Can Now Prescribe Acne Drugs in Utah Without Doctors
A French Crisis Would Be a Nightmare for ECB
ECB Should Stop Bond Roll-Off Amid Turmoil, Bini Writes in FT
Greer and G20 trade ministers in Milwaukee
Partners Group Trust Heads for Wind Down After Investor Vote
Why Uber-Rich Worth $160 Billion are Leaving Britain
Why is Intel stock sliding today?
Wall St futures dip as tech stocks take a breather
Copper Gains as Slower US Jobs Market Tempers Fed Hike Bets
Cenovus to Buy Athabasca Oil at $4 Billion Valuation
BofA Reports Decline in Active Fund Performance Amid Megacap Dominance
Curvestone AI Joins Barclays Eagle Labs Scaleup Programme
Zcash Experiences Significant Decline Amid ETF Outflows and Geopolitical Tensions
JPMorgan Forecasts Resilience in Stock Market Amid Rising Bond Yields
India Power Deficit Deepens as Weak Wind Adds to Hydro Slump
Emerging Assets Gain as Fed Rise Bets Cool; Brazil in Focus
Japan, Australia Finance Chiefs Set Up Dialogue to Deepen Ties
Slovaks Sets Election-Year Budget With Widest Deficit Since 2024
Bitcoin Approaches $86,000 Amid Renewed Demand for Anti-Fiat Hedge
Gold retains key reserve status despite surging bond yields, central bankers say
U.S. stock futures subdued as traders weigh elevated yields, hopes for Fed pause
Intel stock slides as TSMC explores Terafab tie-up, analyst flags share losses
What will Washington do next if US bond yields keep rising?
BofA Increases Coinbase Price Target to $203 Amid Stronger Stablecoin Revenue Expectations
Bank of America (BofA) has raised its price target for Coinbase, a major cryptocurrency exchange, from $174 to $203. The bank has maintained a 'Buy' rating on the stock, reflecting confidence in the company's future performance.
The adjustment comes as BofA revised its earnings per share (EPS) forecasts for 2027 and 2028, anticipating increased revenue from stablecoin transactions following a recent interest rate hike by the Federal Reserve in September. However, the bank has also reduced its near-term estimates due to a decline in crypto trading volumes, despite significant price increases for Bitcoin and Ethereum, which surged by 43% and 70% respectively in the third quarter of 2026.
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Source: KLEA News