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 Nasdaq arthritis company holding Moshe Hogeg crypto hits all-time low appeared on BitcoinEthereumNews.com.
As of 8:19am today in New York, every retail investor who had ever bought shares of Enlivex on the Nasdaq, an arthritis biotech-turned-digital asset treasury (DAT), had lost money. The company bet its balance sheet on the RAIN crypto token that ZachXBT eventually tied to Moshe Hogeg, an Israeli entrepreneur facing a $290 million law enforcement investigation. Shares of Enlivex, which have been trading publicly for 12 years, traded to their all-time low of $0.42 this morning. Investors are slowly losing it all. Hogeg has denied fraud allegations via a spokesperson. The biotech company spent years developing clinical therapeutics. Bizarrely, it then reinvented itself in November 2025 to what it called the “world’s first prediction markets digital asset treasury strategy.” That was a world first — and probably last. The company raised over $200 million through a private plac
The post Corning (GLW) Stock Plunges 24% in Four Days — Why Wall Street Remains Optimistic appeared on BitcoinEthereumNews.com.
Key Takeaways Corning shares have declined 24% across four consecutive trading days, settling near $186.96 and erasing $52.4 billion in market capitalization. The decline mirrors a broader retreat from AI-linked equities rather than company-specific concerns. Oppenheimer elevated its price target to $230 while maintaining an Outperform rating, describing the pullback as a “compelling entry opportunity.” Bank of America increased its target to $243, sustaining a Buy rating as Q2 results approach. Year-to-date, GLW remains up 114% in 2026 and has surged 255% over the trailing twelve months. Corning (GLW) stock has emerged as one of 2026’s top performers, propelled by robust AI-driven optical networking demand. However, the past week has delivered a sharp reversal. Corning Inc, GLW Shares declined another 4% to $186.96 during Tuesday’s session, marking the fourth
The post Tether Equity Stake Sale: Richard Heathcote’s Planned Exit appeared on BitcoinEthereumNews.com.
One of the most opaque corners of the crypto industry just got a rare crack of light. Richard Heathcote, the former chief investment officer of Tether Holdings SA, is planning a Tether equity stake sale — offloading part of his 1.26% holding in the issuer of USDT, the world’s largest stablecoin by circulating supply. The process is being managed by Wall Street investment bank PJT Partners, according to Bloomberg, which first reported the development citing sources not authorized to speak publicly. Key takeaways Richard Heathcote holds a 1.26% stake in Tether Holdings SA and is selling part of it via PJT Partners. No buyer or sale price has been disclosed; negotiations are ongoing. Heathcote stepped down as CIO in March 2026 and moved into a non-executive advisory role, replaced by deputy Zachary Lyons. Tether has historically disclosed almost nothing about its capitalization table o
The post Morgan Stanley backs SpaceX as Wall Street sees massive upside ahead appeared on BitcoinEthereumNews.com.
Elon Musk’s SpaceX has secured fresh buy ratings from several major Wall Street banks, with Morgan Stanley assigning a base-case price target of $300 as the stock prepares to join the Nasdaq-100 Index. Summary Morgan Stanley leads fresh Wall Street buy calls with a $300 base-case and $600 bull-case target for SpaceX. JPMorgan estimates Nasdaq-100 inclusion could trigger about $4.3 billion in passive fund buying. SpaceX shares eased before the index debut despite bullish analyst ratings and strong institutional interest. According to research notes released by Morgan Stanley, Goldman Sachs, Citigroup, and other investment banks, analysts expect further gains for SpaceX despite the stock pulling back after its recent rally. The latest recommendations come just before the company enters the Nasdaq-100, an event that JPMorgan estimates could trigger about $4.3 billion in autom
Elon Musk’s SpaceX has secured fresh buy ratings from several major Wall Street banks, with Morgan Stanley assigning a base-case price target of $300 as the stock prepares to join the Nasdaq-100 Index. According to research notes released by Morgan…
The post Johnson & Johnson (JNJ) Stock Surges Past Record High as Wall Street Raises Price Targets appeared on BitcoinEthereumNews.com.
Key Highlights JNJ reached a record peak of $264.98 before climbing further to $268.69, posting a 3.70% daily gain Year-over-year total returns stand at an impressive 71% Guggenheim elevated its price objective to $270 with a Buy rating, projecting Q2 sales of $25.48 billion The company increased its quarterly payout to $1.34 per share from $1.30, extending its dividend growth streak to 55 years Major institutional players including Vanguard, State Street, and Norges Bank have significantly expanded their stakes Johnson & Johnson shares reached unprecedented territory on Tuesday, initially touching $264.98 before advancing to $268.69 — representing a 3.70% intraday increase. This valuation positions the healthcare giant’s market capitalization at approximately $646.8 billion. Johnson & Johnson, JNJ Over the trailing twelve-month period, shares have cli
The post Gemini (GEMI) Stock Drops 3.9% After Launching Commission-Free Stock Trading Platform appeared on BitcoinEthereumNews.com.
Key Takeaways Gemini rolled out commission-free U.S. stock trading Tuesday, providing access to thousands of exchange-listed equities through its mobile platform. Shares of GEMI declined 3.9% following the launch announcement; Coinbase (COIN) lost 2.4% and Robinhood (HOOD) slipped 2.3%. Real-time market data will be provided by Nasdaq; Apex Clearing Corp. serves as the clearing and custody partner. Alabama, Arkansas, Illinois, Massachusetts, Texas, Puerto Rico, Washington D.C., and Guam residents cannot access the new service. GEMI is currently priced at $4.35, representing an 86% decline year-over-year, despite recording 39% revenue growth over the trailing twelve months. Gemini Space Station unveiled its commission-free stock trading platform for U.S. investors on Tuesday, marking a strategic expansion beyond cryptocurrency as the Winklevoss brothers pur
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
