Alibaba Stock Jumped 11%, Yet Wall Street Cut Its Price Targets

The post SK Hynix’s Nasdaq Debut Opens Wall Street’s Door to the AI Memory Boom appeared on BitcoinEthereumNews.com. Key highlights: SK Hynix is set to begin trading on Nasdaq under the ticker SKHY on Friday (July 10), giving U.S. investors direct exposure to the AI memory market The company is the leading supplier of high-bandwidth memory (HBM) chips used in Nvidia’s AI accelerators SK Hynix plans to raise approximately $29 billion while investing hundreds of billions of dollars into global AI infrastructure expansion South Korean semiconductor giant SK Hynix is preparing for its highly anticipated Nasdaq debut on Friday, July 10, giving U.S. investors a new way to gain exposure to one of the biggest winners of the artificial intelligence boom. While Nvidia has become the face of AI infrastructure, many of the industry’s most critical components come from suppliers operating behind the scenes. Among them, SK Hynix has emerged as one of the most important. The company is now the world’

The post Wall Street sets Amazon stock price for the next 12 months appeared on BitcoinEthereumNews.com. As Amazon.com, Inc. (NASDAQ: AMZN) stock signaled an end to June’s correction in early July, John Blackledge, a Wall Street analyst from TD Cowen, maintained a bullish outlook for the next 12 months. Blackledge reiterated a Buy rating for Amazon stock over the next 12 months, according to a note sent to clients analyzed by Finbold on July 9. He further lowered his 12-month price target for AMZN shares from $350 to $340, thus signaling a potential 40.6% upside. The analyst signaled bullish sentiment on Amazon stock, following a similar move from Eric Sherida, an analyst at Goldman Sachs Group Inc. (NYSE:GS). Earlier this week, Sherida reiterated a Buy rating for AMZN shares and raised his 12-month price target to $335 from $325. Meanwhile, Laura Martin, an analyst at Needham, maintained a Buy rating on Amazon stock, as Finbold reported. As such, 45 Wall Street analysts surveyed by Ti

The post Ethereum’s newest nonprofit wants to become Wall Street’s guide to crypto appeared on BitcoinEthereumNews.com. For Ethereum Institutional’s founders, becoming an independent nonprofit rather than remaining within the foundation was a deliberate choice. “The EF has always been quite vocal about its principle of subtraction,” Dawson said, referring to the organization diving up responsibilities for the network to other organizations . “This is an example of that increasing decentralization, and the number of nodes participating in representing Ethereum.” Operating outside the foundation also gives the organization greater freedom, Walsh said. “We feel like we have a lot more autonomy and freedom to work as an independent entity,” he said. “We can get a bit more opinionated, and a bit more aggressive, in terms of being able to support these teams.” For years, the Ethereum Foundation has walked a careful line in how much influence it exerts over the ecosystem. Its mandate has larg

The post Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first appeared on BitcoinEthereumNews.com. Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 built on Arbitrum for tokenized stocks, real-world assets, DeFi lending, and AI-native finance. One week in, the chain’s loudest retail activity is driven by CASHCAT, a memecoin built on Robinhood’s own discarded “CashCat” name. The token reached nearly $150 million in market cap and over $159 million in 24-hour volume. CASHCAT gained liquidity, price charts, and social attention through Uniswap V3 pools and third-party launch and routing infrastructure, including Noxa.fun and Pump.fun, rather than through Robinhood’s own app-listing process. An explainer graphic outlines six steps showing how CASHCAT gained liquidity, price charts, and trading volume on Robinhood Chain without a formal listing. Behind an unapproved listing Robinhood built

EDX Markets’ $76M Series C led by SBI signals Wall Street’s push for compliant crypto plumbing, as FlexTrade plugs in and tokenized equity volumes hit records.

Ripple Prime draws attention over claimed DTCC links, NSCC listing, FICC access, XRPL settlement plans, and RLUSD collateral use. Ripple Prime has drawn fresh attention after market analysis linked it to DTCC-related clearing rails.  The discussion centers on whether the platform could connect institutional flows with the XRP Ledger. According to the supplied claims, Ripple […] The post XRP’s DTCC Doorway? Ripple Prime May Be the On-Ramp Wall Street Missed appeared first on Live Bitcoin News.

The post Costco (COST) Stock: Wall Street Maintains Confidence Despite June Sales Slowdown appeared on BitcoinEthereumNews.com. Key Takeaways Evercore ISI maintained its Outperform stance with a $1,100 price objective following Costco’s June sales figures Comparable store sales climbed 7.6% domestically and 7.0% worldwide, with gas prices and currency fluctuations stripped out Goldman Sachs continued its Buy recommendation at $1,159; J.P. Morgan sustained its Buy designation at $1,100 Domestic foot traffic increased 3.2%, marking the seventh month in a row with two-year trends exceeding 6% More challenging year-over-year metrics anticipated for July and August, with traffic comparisons becoming tougher by 100–150 basis points Costco (COST) stock continues to receive support from Wall Street analysts following the warehouse club’s June sales disclosure, with several prominent firms reaffirming their positive outlooks and target prices. Costco Wholesale Corporation, COST Evercore ISI con

The post BitGo Adds Quantum-Risk Controls To Bitcoin Custody appeared on BitcoinEthereumNews.com. BitGo Holdings, Inc. (NYSE: BTGO) introduced a set of tools to help institutions measure and reduce the quantum-computing risk tied to their Bitcoin holdings. The digital asset infrastructure company said the features apply to UTXO-based wallets and its multi-signature custody service. The release builds on BitGo’s multi-signature architecture, which the firm pioneered for Bitcoin to reduce single points of failure. The new controls give clients more visibility into wallet-key exposure, better handling of unspent transaction outputs, and workflows for institutional wallet operations. At the center of the launch is a Quantum Risk Score, an in-platform system that rates potential quantum exposure across supported Bitcoin wallets. A Fix Exposed Addresses Workflow guides clients through moving funds from addresses with elevated exposure into new addresses with stronger key hygiene.  A new UTXO