Ondo Finance launched its perpetual DEX trading platform less than a month ago, and its daily trading volume has more than doubled from $128 million to over $300 million, pushing cumulative volume close to $6 billion. This growth is notable as it occurs despite a bearish crypto market where overall DEX and perps volumes are declining. Ondo's rising Open Interest and expanding asset offerings, including tokenized equities and commodities like Nvidia, Tesla, oil, and gold, suggest it is becoming a preferred platform for traders. If this momentum continues, Ondo could challenge established perps DEX platforms like Aster, Lighter, and even Hyperliquid in the near future.
Morgan Stanley lowered Avis Budget Group's price target from $99 to $95 as the company faces a class-action lawsuit accusing major investor Pentwater Capital Management of manipulating its stock price. The lawsuit claims Pentwater artificially inflat...
Deutsche Bank has reiterated a Buy rating for The Estée Lauder Companies, signaling confidence in the stock despite industry challenges like cautious consumer spending and supply-chain risks. Estée Lauder's focus on innovation, brand building, and di...
The Chief Operating Officer of Gen Digital sold 28,248 shares recently. This insider sale could indicate a personal financial decision or a strategic move, which investors might watch closely for signals about the company's outlook. While such sales ...
Needham analyst Mike Cikos raised the price target for ServiceNow to $155, citing the company's AI products surpassing $1 billion in annual contract value (ACV) and a ninefold increase in customers using its agentic AI products. ServiceNow aims to ex...
Analyst firm Cowen & Co. maintained a Hold rating on Paychex (NASDAQ:PAYX) while raising its price target from $98 to $117, reflecting confidence in the company's strong financial performance. Paychex has seen a 30% stock increase over six months, dr...
