Former CFTC Chair Chris Giancarlo retires from law practice to focus entirely on advising crypto firms, marking a major career shift for ‘Crypto Dad.’
Author: Trader Edge
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Bitcoin surges near $75K on Iran deal optimism. ETFs attract $833M, whales accumulate $2.1B in BTC, and $530M in shorts get liquidated.
Lululemon (LULU) stock declined over 3% after Texas AG launched investigation into potential PFAS ‘forever chemicals’ in products and consumer claims.
Amazon (AMZN) expands Autos platform to include Kia, Jeep, Chevrolet, and more across 130+ cities, targeting the $1.3T new car market and advertising revenue.
Conagra (CAG) fell to a 52-week low after CEO Sean Connolly announced his exit. Analysts downgrade targets as dividend sustainability concerns mount.
Nokia (NOK) stock gains 2% as Bank of America upgrades to Buy, raising price target to €10.70 on optical networking and AI data center expansion.
Meta (META) is projected to surpass Google in global digital ad revenue by 2026, reaching $243.46B. AI tools and new ad products driving growth.
Anthropic’s revenue could hit $100B by late 2026 as Claude usage doubles and the AI company gains ground against ChatGPT in the chatbot market.
Broadcom (AVGO) gains as UBS lifts AI revenue target to $145B after Google TPU deal extension through 2031 includes Anthropic compute access starting 2027.
Allogene Therapeutics (ALLO) shares jumped 41% following Phase 2 ALPHA3 data showing 58% MRD clearance with no CAR T-related toxicities in lymphoma patients.
Bitmine (BMNR) controls $10.7B in Ethereum, holding 4.04% of total ETH supply. Stock down 32% YTD despite aggressive accumulation strategy.
Oppenheimer upgrades Blackstone (BX) to Outperform with $154 target after sharp decline. Analyst sees 34% upside amid strong Q4 earnings and insider buying.
Apple (AAPL) is developing AI smart glasses with four frame designs, oval cameras, and acetate materials, targeting a late 2026 announcement and 2027 launch.
Meta Platforms (META) is developing an AI replica of Mark Zuckerberg trained on his mannerisms and thinking to interact with employees in real-time.
Vertiv (VRT) buys BMarko Structures to boost AI data center production capacity. Citi upgrades price target to $340 as VRT edges down 0.73% premarket.