Kraken announced it will launch the first CFTC-regulated crypto perpetual futures contracts in the US through its platform Bitnomial. This move allows eligible US clients to trade crypto futures under regulatory oversight, increasing market transparency and security. The launch marks a significant step in integrating crypto derivatives into regulated financial markets, potentially attracting more institutional and retail investors.
Reddit joined the S&P 500 index on August 18, 2026, replacing AvalonBay Communities, which may increase demand for its shares from index-tracking funds. Morgan Stanley maintained an Overweight rating on Reddit but lowered its price target from $240 t...
BJ's Wholesale Club reported quarterly earnings per share of $1.36 and revenue of $6.23 billion, surpassing analyst expectations. The growth was driven by budget-conscious shoppers and strong membership momentum, pushing sales beyond the company's fo...
UBS analyst Radi Sultan set a $40 price target for GitLab Inc., suggesting a nearly 5% downside from its current $42.08 share price. Despite this cautious outlook, the rise of AI is boosting demand for GitLab's software development platform, especial...
DraftKings (DKNG) shares closed at $25.03 on August 20, 2026, well below their 52-week high of $48.78, reflecting significant volatility. Wall Street analysts mostly maintain a positive outlook, with many recommending Buy or Strong Buy and average pr...
Bitcoin surged about 24% over the past week to around $76,844, driven by short liquidations and recovering inflows into U.S. spot Bitcoin ETFs. Standard Chartered's analyst Geoff Kendrick suggests that the current rally could push Bitcoin closer to i...
