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Elev8 Broker Launches Charity Initiative to Support Education in Bangladesh
Anthropic Cautions on Government Attitudes Impacting Business Prospects
Germany to unexpectedly raise 2026 growth forecast to 1.3% from 0.5% - Reuters
US dollar strength to fizzle, FX forecasters unmoved by searing rally: Reuters poll
Partners Group restructures €6.6bn evergreen fund after redemption cap
Investcorp raises $1.22bn for latest North American private equity fund
Oaktree raises $2bn for debut asset-backed finance fund
US Jobs Preview: What to Watch for in the September Report
French 5-Year Sovereign Credit Default Swaps Reach 81 Basis Points
Bullion Holds Near $4,180 Amid Dollar Strength and Surging Treasury Yields
CVC, Blackstone, Advent and EQT eye €2bn Robin Radar deal
UK Firms Predict Faster Price Rises After Energy Costs Surge
Fed Seems to Want to Hike Rates Slower, Says Citi Economist Clark
Texas AG Candidate Promises Investigation into Deloitte's Voter Registration Issues
US looks to expand use of canoe-sized drones to deter migrant crossings
Berenberg sees Vodafone upside from cash flow gains, German consolidation
Trump administration is paying $1.6 million a week to keep Voice of America staff on leave
Gold steadies ahead of key U.S. jobs data
Hewlett Packard Enterprise (HPE) Stock Surges 166% YTD as Networking Growth Outlook Climbs
Crude Benchmarks Retreat After Sharp Rally on Pentagon Deployment Speculation
Dangote’s $16 Billion Refinery Faces Fresh Kenya Legal Challenge
How to build a career when you are bouncing from job to job
Banks Increase Demand for AI Engineers Amid Hiring Surge
Russia's Deputy Prime Minister Discusses Oil Production Adjustments
Pet hates at Dubai’s restaurants
Abu Dhabi invests $80m in public transport technology
Fair Isaac (FICO) Tumbles in After-Hours Trading on Two-Bureau Credit Rule Report
Inside Nuveen CEO’s ‘Evolutionary’ Merger Playbook
Glencore Says Trading Profits Will Top $5 Billion This Year
Russia Considers Partial Lifting of Diesel Export Restrictions
Memory, not processors, remains Europe’s supercomputing weakness, Bull CEO says
U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
Hong Kong August retail sales rise 5.6%
Brazil next, US midterms coming, in impactful global election year
Micron (MU) Revenue Surges 379% to $54.2 Billion on AI Memory Chip Demand
Inflation and interest rates tracker: see how your country compares
Stocks Rebound as Bond Yields Decline Ahead of US Jobs Report
U.S. AI Spending Could Reach $3.5 Trillion Annually by 2032
European Citizens Push Back Against MiCA Ban on Stablecoin Interest and Rewards
President Trump to Visit Mobile, Alabama on October 2
Treasury Declares Russia-Linked A7 Network a Criminal Organization, Blocks $17B Shadow Banking Operation
Verbund Recalibrates Austrian Power After Recording Driest Year
Spike in Interest Rates Is Doing Plenty of Damage to Stocks
Gunvor Renames Itself Centalion in Shift Under New Ownership
Oil dips as traders weigh U.S.-Iran tensions against supply recovery
Tanker struck by projectile in Strait of Hormuz
Exclusive-Europe weighs new diesel stocks release after US pressure, sources say
Heard on the Street: High government debt is adding fuel to the global bond market selloff
Is it plausible that Americans will spend as much of their income on artificial intelligence as they do on food, asks @greg_ip
Eurozone Inflation Jumps to Three-Year High on Sharper Energy Costs
Special Payouts for Executives Are Becoming a More Routine Perk
US pressures Europe on diesel reserves amid export ban threat
Medio millón de mineros amenazan el auge de los minerales críticos en Bolivia
Amazon to invest $1 billion over five years in US data center communities
Jobs Report Today: Bond Market Steadies as Investors Await Employment Numbers
The Bond Rout Is Deepening Even as Oil Tankers Return to the Strait of Hormuz
Why Are Diesel Prices Soaring and What Would a U.S. Export Ban Do?
UK Still Pays a Heavy Bond Market Price for Its Tarnished Image
BMO and Mastercard Launch Integrated Virtual Card Payment Solution for Corporations in Canada
Bitcoin Surges Following Dovish Comments from Federal Reserve Officials
BofA's Michael Hartnett Predicts Continued Risk-Averse Investor Sentiment
Russia’s Latest Propaganda? A.I.-Generated War Songs.
English Whisky Gets a Boost from the U.K., and Scots Are Not Amused
The Powerful Yet Fragile Force Propping Up Stocks and the Economy
Euro-Zone Inflation Tops Estimates to Hit Three-Year High
Eurozone Inflation Rises to 3.8% in September, Exceeding Expectations
Capgemini stock hits 8-month high after Accenture results
Schindler stock rises on Citi positive short-term view
UK new car sales hit highest September level since 2017, prelim data shows
Citi Raises Price Target for MicroStrategy Amid Increased Bitcoin Forecast
Citi has increased its price target for MicroStrategy Incorporated (MSTR) to $240 from a previous target of $136, while maintaining a Buy rating on the stock. This adjustment follows a significant revision in Citi's 12-month Bitcoin price forecast, which has been raised by 39% to $113,400.
The bank's analysis indicates that approximately 34% of the expected upside in MicroStrategy's stock price will come from anticipated appreciation in Bitcoin, with an additional 16% attributed to the expansion of the company's market net asset value (mNAV). Furthermore, Citi has adjusted its Bitcoin Yield Multiple from 2.5x to 4.0x, suggesting a new mNAV assumption of 1.24x.
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Source: KLEA News