Goldman Sachs sold all its holdings in Solana and XRP exchange-traded funds (ETFs) in the first quarter, exiting positions it had acquired only the previous quarter. The bank also reduced its stakes in Bitcoin and Ethereum ETFs, trimming its iShares Bitcoin Trust ETF shares from 20.685 million to 17.985 million and cutting its iShares Ethereum Trust ETF stake by nearly 70%. However, it opened a new position in the iShares Staked Ethereum Trust ETF. This shift reflects Goldman Sachs' strategic reallocation within cryptocurrency ETFs amid market volatility and evolving investment priorities.
An analyst from BMO Capital set a $67 price target for Devon Energy, suggesting a 40% upside from its current share price of around $48. The oil and gas producer has consistently beaten earnings estimates recently, showing strong financial health. Ho...
Analyst Ivan Feinseth of Tigress Financial raised Amazon's price target from $315 to $385, reflecting a potential 50.8% upside from the current price of $255.37. The upgrade is driven by strong demand for Amazon Web Services (AWS), with much of its 2...
Morgan Stanley analyst Bob Huang lowered American International Group's (AIG) price target to $80 from $81, with the stock trading around $76, indicating potential upside. AIG is set to report its Q3 2026 earnings on November 3, with investors focuse...
Vertiv Holdings, a maker of power and cooling equipment for data centers, faces mixed analyst opinions with GLJ Research rating it a "Sell" and BMO Capital giving an "Outperform" rating. Despite a recent stock pullback, the company reported a 241% in...
Apogee Enterprises reported strong fiscal Q2 results with adjusted earnings of $1.17 per share, nearly double the estimated $0.59, and revenue of $391.14 million, surpassing expectations of $362.6 million. This marks a continued trend of beating esti...
