Bitcoin traded just below $78,800 amid rising Treasury yields and expectations of another Fed rate hike. Technical analysis shows Bitcoin must defend support between $75,500 and $76,000 before attempting to break resistance near $82,000. A two-week chart indicates a potential buy signal if Bitcoin holds above a trend level near $72,613, suggesting a possible retest before a larger rally. Failure to maintain these supports could lead to a deeper correction, but a move above $82,000 would confirm a bullish trend continuation.
Verisk Analytics introduced its new Verisk Fraud Discovery platform to enhance fraud prevention for insurers. Barclays adjusted the company's price target to $225, suggesting a 21.1% potential gain from the current stock price of $185.79. The company...
Adobe Inc. is undergoing a rare CEO transition with Anil Chakravarthy set to become CEO on December 1. Analyst opinions are divided: Oppenheimer rates Adobe as 'Perform' (hold), while Bank of America issues a 'Sell' rating with a $220 price target, c...
Canaan Inc. reported Q2 2026 results with an EPS loss of $0.01, better than the expected $0.10 loss, showing improved profitability. However, revenue was $4.63 million, below the $5.91 million forecast, indicating weaker sales in its crypto mining ha...
UBS analyst Gavin Parsons upgraded Lockheed Martin to a Buy rating with a $674 price target, implying a 28.3% potential gain. The aerospace and defense firm secured a $729 million contract with Sweden for its Himars rocket system, contributing to a r...
Investment firm BMO Capital downgraded Amgen's stock from "Outperform" to "Market Perform" following a major clinical trial failure by Novartis for a similar cholesterol drug. Novartis' drug pelacarsen failed in a late-stage Phase III trial, casting ...
