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Bitcoin Spikes as Kevin Warsh Flags Inflation Concerns; Ethereum, XRP, Dogecoin Also Gain: Popular Analyst Says 'Market Bottom Is Here'
Benzinga52d agobullish
Bitcoin Spikes as Kevin Warsh Flags Inflation Concerns; Ethereum, XRP, Dogecoin Also Gain: Popular Analyst Says 'Market Bottom Is Here'

Leading cryptocurrencies ticked higher on Wednesday, while stocks retreated, as Federal Reserve Chair Kevin Warsh called inflation “too high.” Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:20 p.m. EDT)Bitcoin (CRYPTO: BTC)+2.91%$59,898.38Ethereum (CRYPTO: ETH) +2.86%$1,609.75XRP (CRYPTO: XRP) +2.12%$1.05Solana (CRYPTO: SOL) +6.46%$71.61Dogecoin (CRYPTO: DOGE) +1.75%$0.07221 Crypto Market Lifts Bitcoin broke past $61,000 in the evening, only to get rejected and drop back to $59,000. With tr

Why Is Chewy (CHWY) Stock Soaring Today
StockStory52d agobullish
Why Is Chewy (CHWY) Stock Soaring Today

Shares of e-commerce pet food and supplies retailer Chewy (NYSE:CHWY) jumped 5.5% in the afternoon session after the company announced it is expanding its use of artificial intelligence (AI) and automation across its business to improve operational efficiency.

Iridium (IRDM) Stock May Be 38% Below Fair Value As Buyout Nears
Simply Wall St.52d agobullish
Iridium (IRDM) Stock May Be 38% Below Fair Value As Buyout Nears

Iridium Communications stock has surged 213.7% year to date, yet its valuation picture is split, with a Discounted Cash Flow (DCF) estimate pointing to upside while market multiples point to a richer price tag and a low overall value score. Year to date, Iridium Communications is up 213.7%, which puts extra focus on whether recent gains already reflect the expected benefits from its agreed US$8b cash and stock acquisition by Rocket Lab and ongoing IoT expansion. The pending Rocket Lab deal...

Albemarle (ALB) Stock May Be 45% Undervalued Following Citi Upgrade
Simply Wall St.52d agobullish
Albemarle (ALB) Stock May Be 45% Undervalued Following Citi Upgrade

Albemarle's share price has more than doubled over the past year, yet there is a clear tension in how the stock is priced today, with the Discounted Cash Flow (DCF) intrinsic value estimate pointing to meaningful undervaluation while market based multiples lean the other way. Albemarle has delivered a 102.9% return over the past 12 months, which puts recent share price weakness into the context of a strong one year run. Analyst upgrades tied to lithium demand and earnings momentum can...

Ouster (OUST) Wins BABA Clearance For Rev8 Lidar In U.S. Infrastructure Projects
Simply Wall St.52d agobullish
Ouster (OUST) Wins BABA Clearance For Rev8 Lidar In U.S. Infrastructure Projects

Ouster's Rev8 digital lidar sensors have achieved Build America, Buy America (BABA) Act compliance. The approval makes Rev8 eligible for U.S. federally funded infrastructure and transportation projects. BABA compliance expands Ouster's potential customer base among government agencies and public operators. Ouster, traded as NasdaqGS:OUST, now has BABA compliant Rev8 lidar sensors that can be used in U.S. federally funded infrastructure builds, including intelligent transportation systems...

Why Buy Stocks When T-Bills Pay 5%? Jim Cramer’s Blunt Answer
24/7 Wall St.52d agobullish
Why Buy Stocks When T-Bills Pay 5%? Jim Cramer’s Blunt Answer

A caller on the June 29 episode of Mad Money laid out the trade that has been eating at retail investors for two years. “If I can get a guaranteed interest rate of over 5% by purchasing a 6-month Treasury bond, why should I invest in the equities market given market conditions?” Jim Cramer did ... Why Buy Stocks When T-Bills Pay 5%? Jim Cramer’s Blunt Answer

Why Are Atlassian (TEAM) Shares Soaring Today
StockStory52d agobullish
Why Are Atlassian (TEAM) Shares Soaring Today

Shares of collaboration software company Atlassian (NASDAQ:TEAM) jumped 6.6% in the afternoon session after Guggenheim's John DiFucci upgraded both Salesforce and ServiceNow to Buy, arguing the AI-disruption fear that gutted the software sector during the year had pushed valuations too low.

The Analyst Who Loved Bank Stocks for 15 Years Just Flipped. Here’s What He’s Buying Instead
24/7 Wall St.52d agobullish
The Analyst Who Loved Bank Stocks for 15 Years Just Flipped. Here’s What He’s Buying Instead

For most of the post-2008 era, Oppenheimer’s Chris Kotowski was the guy telling you to keep buying the big banks. He waved off the 2011 eurozone panic, the 2016 energy blowup, COVID, and the 2022 rate hikes. On June 30, 2026, he flipped. Kotowski cut Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America, and ... The Analyst Who Loved Bank Stocks for 15 Years Just Flipped. Here’s What He’s Buying Instead

Bloomberg52d agobullish
Apple Seeks to Buy Chinese-Made Memory Chips by Lobbying US

(Bloomberg) -- Apple Inc. is in negotiations to purchase chips from two Chinese semiconductor makers on a Pentagon blacklist to help reduce the impact of a global memory shortage that’s forced the company to raise prices across its product line.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IPO Left Mirae With No Shares on