The US 10-year Treasury yield surged to 4.98%, its highest since 2007, causing pressure on technology stocks due to higher borrowing costs affecting their valuations. This rise also impacts the cryptocurrency market, with Bitcoin prices showing confidence above $72,000 but with increased caution among traders. Investors are closely watching upcoming Federal Reserve statements for clues on future interest rate moves, which could either ease or intensify market pressures on tech and crypto assets.
The 10-year Treasury yield reaching a new high provides context for market conditions. For readers following cryptocurrency markets, here is Pluang's snapshot as of Sep 23, 2026 22:05 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell. Among them, LINK dropped 4.96% to Rp220.757 with a 63% sell order activity, contrasting with DOGE's 56% buy order activity despite a 4.88% price decline to Rp1.696, and AVAX fell 4.75% to Rp187.352 with 55% buy orders, showing varied trader sentiment amid price drops.
Oppenheimer lowered Nike's price target to $52 from a higher level, reflecting concerns over falling sales and macroeconomic challenges. Despite Nike's stock trading near its 52-week low around $35.35, the new target implies a potential 44.85% upside...
Stifel Financial upgraded Microsoft from Hold to Buy, raising its price target to $575 due to strong growth prospects in Azure cloud services and Microsoft 365 Copilot. The analyst highlighted Azure's 43% year-over-year revenue growth and over 30 mil...
Apple Inc. remains a major institutional holding with a market cap near $5 trillion as of September 2026. Recent filings show Robinhood Asset Management increased its Apple shares from 97,500 to 122,289 between March and June, while Westpac Banking C...
Paychex, Inc. reported strong first-quarter results with an adjusted EPS of $1.34, beating estimates, and total revenue of $1.63 billion, a 6% increase year-over-year. Growth was led by a 12% rise in the Professional Employer Organization (PEO) and I...
RBC Capital assigned Fastly a "Sector Perform" rating, signaling a neutral investment outlook. Fastly aims to grow its revenue to $1.1-$1.3 billion by 2029, driven by steady operational improvements and a $22 billion market opportunity. The company i...
