AC Limited invests billions in Nvidia and McLaren, strengthens Wall Street ties

The post Wall Street analyst sets QUBT stock price target for 12 months appeared on BitcoinEthereumNews.com. As Quantum Computing Inc. (NASDAQ: QUBT) stock signals a macro reversal, Maxwell Michaelis, a Wall Street analyst at Lake Street, reiterated a bullish outlook on July 6. Michaelis maintained a Buy rating for QUBT stock, according to a note analyzed by Finbold on July 7, 2026. He also set a 12-month price target of $16 for Quantum Computing stock. The Wall Street analysts maintained a bullish outlook for Quantum Computing stock following its completed acquisition of NHanced Semiconductors. Notably, Quantum Computing acquired NHanced for a combined cash-and-share value of $73.1 million. The deal also includes an earnout of up to an additional $72.0 million. Michaelis framed the deal as a solid follow-up to the Luminar Semiconductor (LSI) acquisition, which closed in February. Moreover, the acquisitions could further deepen the company’s photonics manufacturing and advanced-packagi

The post Bitcoin Sticks to $63,000 as John Bollinger Eyes a ‘Critical Point’ for BTC price appeared on BitcoinEthereumNews.com. Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks. Key points: Bitcoin attempts to hold $63,000 after seeing its highest levels in two weeks. US stock markets see a correction on the day SpaceX joins the Nasdaq-100. Bollinger Bands creator John Bollinger continues to eye a long-term BTC price reversal. BTC price comes off two-week highs as US stocks fall Data from TradingView showed BTC price action cooling after a trip to $64,660 — its highest point since June 22. BTC/USD one-day chart. Source: Cointelegraph/TradingView BTC/USD surfed a comedown in US equities, with the S&P 500 and Nasdaq 100 down 0.6% and 2.1%, respectively, at the time of writing. Chip stocks led the sell-off, with Micron Technologies, whose earnings were highly anticipated last month, down over 9%. Micron Technologies stock one-hour cha

The post Analysts see more upside for SpaceX as post-IPO research begins appeared on BitcoinEthereumNews.com. Wall Street analysts have begun coverage of SpaceX (SPCX) following the expiration of the 25-day quiet period after the company’s June initial public offering (IPO), with nearly every major brokerage launching their coverage with a bullish rating. The aerospace and satellite company, which held 18,712 bitcoin BTC$63,942.17 as of March 31, went public in June, raising $75 billion in one of the year’s largest IPOs. Shares were priced at $135 in the offering. The stock was trading at $150.93 on Tuesday, down more than 6% from recent post-listing highs but still above its IPO price. The two lead underwriters, Goldman Sachs and Morgan Stanley, both initiated coverage with buy-equivalent ratings. Goldman analyst Eric Sheridan set a price target of $205, while Morgan Stanley’s Adam Jonas assigned a $300 target. They were joined by analysts at Bank of America, Citigroup, Deutsche Bank,

It's early, but the plan is to reduce dependency on Nvidia and Huawei.

The post Morgan Stanley Initiates SpaceX Coverage With Wall Street-High $300 Price Target appeared on BitcoinEthereumNews.com. Key highlights: Morgan Stanley initiated coverage of SpaceX (SPCX) with an Overweight rating and a $300 price target The target is among the highest on Wall Street and implies roughly 87%-90% upside from recent trading levels Analysts believe AI infrastructure, Starlink, and orbital computing could become major long-term revenue drivers Morgan Stanley has become one of the most bullish firms on Wall Street regarding SpaceX, launching coverage of the recently public company with an Overweight rating and a $300 price target. The target stands well above the stock’s recent trading price near $160 and is among the highest published forecasts for the aerospace and artificial intelligence company.  Morgan Stanley analyst Adam Jonas argues that investors are still underestimating the scale of SpaceX’s long-term opportunities beyond rockets and satellite internet.  AI

The post DeepSeek plans its own inference chip, a threat to Nvidia and Huawei alike appeared on BitcoinEthereumNews.com. Chinese AI startup DeepSeek is designing an in-house chip to run its models, according to sources close to the matter. The disclosure, if true, would reduce its dependence on both Nvidia and Huawei.  For a company that already forced a rethink across the industry once, the plan especially puts pressure on the American chipmaker, losing ground in China, and on the domestic suppliers racing to replace it. The race to be the leader of inference The Hangzhou firm is aiming the chip at inference, the stage where a trained model answers user queries. Inference is where AI systems earn their keep at scale, and it is the part of the market Huawei has just started to win with its Ascend line.  A DeepSeek chip built for the same job would put the startup in competition with the very homegrown supplier that Chinese tech companies have been scrambling to buy from. Since DeepSeek

Bitcoin ETFs reversed a $1.7B outflow streak with $352M in weekly inflows. Here's what the flow data and technicals say about BTC's next move toward $70,000–$73,808. The post Bitcoin ETFs Snap 5-Day Outflow Streak With $352m Inflows: Is Wall Street Money Coming Back? appeared first on 99Bitcoins.

The post Wall Street analysts set SpaceX stock price target for 12 months appeared on BitcoinEthereumNews.com. As Space Exploration Technologies Corp. (NASDAQ:SPCX) shares traded in consolidation over the past two weeks, more than a dozen Wall Street analysts initiated coverage of SpaceX stock on July 7, 2027. On Tuesday, Brian Gesuale, an analyst at Raymond James, initiated coverage of SpaceX stock with a ‘Strong Buy’ rating. He also set his 12-month price target for SpaceX stock at $800, signaling a nearly 400% bull rally. Brian Dobson, an analyst at Clear Street, set a price target of $217 for SPCX stock. Jonathan Siegman, an analyst at Stifel Nicolaus, set his 12-month price target of $190 for SPCX stock. Ken Gawrelski, an analyst at Wells Fargo, set a 12-month price target of $230 for SPCX stock. John Goyn, a Wall Street analyst at Citigroup Inc. (NYSE: C), set a price target of $200. Adam Jonas, an analyst at Morgan Stanley (NYSE: MS), set a 12-month price target of $300. Eric Sh