RBC Capital Markets raised HSBC's share price target to 1,375p from 1,275p following better-than-expected Q2 results, including a 5% adjusted pre-tax profit beat and higher banking net interest income. The broker increased earnings forecasts for 2026-2028, driven by strong Corporate and Institutional Banking performance, and expects HSBC to return $77.2 billion to shareholders through dividends and buybacks. Despite the upgrades, RBC kept a Sector Perform rating, noting much of the positive outlook is already priced in.
Crypto trader DonAlt predicts Ethereum's price could eventually reach $10,000 but plans to sell much earlier, around $3,000, to secure profits. He entered a long position near $1,900 and may add more if prices drop to $1,700. DonAlt's strategy balanc...
Eve Air Mobility and Thai aerospace firm RV Connex have signed a Memorandum of Understanding to collaborate on developing regulations for Thailand's Advanced Air Mobility (AAM) industry. This partnership aims to create a safe and scalable framework f...
Invesco Water Resources ETF (PHO) received a Hold rating because its top holdings, like Roper Technologies and Ecolab, generate most revenue outside direct water scarcity-driven sectors. Compared to peers First Trust Water ETF (FIW) and Invesco S&P G...
Blackstone (BX) is rated 'Buy' due to its diversified growth, strong 20% year-over-year increase in fee-related earnings per share, and 11% growth in total assets under management to $1.35 trillion. The company is positioned well with leadership in A...
The Kurv Silver Enhanced Silver ETF (KSLV) is now rated Hold because there are no strong near-term catalysts expected to boost silver prices. While KSLV performs well during silver price rallies, it provides limited income and downside protection dur...
