The post Wall Street just made its biggest earnings upgrade since 2021 appeared on BitcoinEthereumNews.com.
For all the noise about inflation and rate uncertainty this year, the numbers coming out of Wall Street’s research desks tell a different story than the one dominating headlines. Heading into the Q2 2026 earnings season, analysts haven’t been trimming their forecasts to hedge against a slowdown. They’ve been raising them — aggressively, and in a pattern that hasn’t been seen in five years. The biggest upgrade since 2021 Between March 31 and June 30, the bottom-up EPS estimate for the S&P 500 — essentially the aggregated median forecast across all 500 companies — climbed 3.4%, from $78.84 to $81.54. That might sound modest, but it runs directly against the grain of how earnings season typically unfolds. In a normal quarter, analysts cut their numbers as the quarter progresses, not raise them. Source: FactSet Over the past five years, the average decline during the quarter has bee
The post IBM (IBM) Stock Climbs 25% in Q2, Yet Wall Street Remains Cautious — Here’s What’s Holding Analysts Back appeared on BitcoinEthereumNews.com.
Key Takeaways Susquehanna launches IBM coverage with Neutral rating and $303 price target, suggesting approximately 2.5% upside from current ~$295 level Firm assigns $65 per share valuation to IBM’s quantum computing division, projecting a $650B addressable market by 2040 COBOL modernization tools powered by AI present risks to IBM’s profitable mainframe and consulting operations Most recent quarterly results exceeded forecasts: EPS reached $1.91 versus $1.81 projection, revenue hit $15.92B against $15.60B consensus Reports of Starbucks developing proprietary AI solutions to substitute IBM products create additional near-term challenges International Business Machines stock is currently changing hands near $294.79, approaching its 52-week peak of $332.46 following a robust 25% second-quarter advance that pushed shares toward all-time hig
The post New Hampshire Bitcoin Bond Rejected Despite Moody’s Rating appeared on BitcoinEthereumNews.com.
New Hampshire just killed what would have been a genuinely groundbreaking experiment in state-government crypto finance. The New Hampshire bitcoin bond — a $100 million instrument that had already cleared a formal credit rating from one of Wall Street’s most recognized agencies — died at the final hurdle when the state’s Executive Council voted 3-2 to reject it, siding with members who raised concerns about the state’s financial reputation. Key takeaways The New Hampshire Executive Council rejected a $100 million bitcoin bond project in a 3-2 vote, ending the effort at its final approval stage. The bond had received a Ba2 rating from Moody’s Ratings, making it the first rated, bitcoin-backed bond issued under a state’s authority. The Business Finance Authority of the State of New Hampshire was set to issue the bond, backing a private-sector instrument tied to bitcoin mining firm Cle
The post Peter Schiff Flags STRC Discount as Bitcoin Return Debate Grows appeared on BitcoinEthereumNews.com.
Schiff links STRC’s discount to weaker Wall Street confidence in Bitcoin targets today. Parker sees STRC beating Bitcoin if dividends hold and shares return to par soon enough. Strategy may avoid Bitcoin sales, though buybacks could still reduce cash reserves. Economist and market commentator Peter Schiff has challenged Wall Street’s confidence in Bitcoin. He pointed to STRC’s market price as evidence. Schiff said bullish BTC targets do not match STRC’s discount, which he believes reflects dividend-cut risk. In an X post, he said Wall Street is not putting its money where its mouth is. In his view, banks do not appear to believe Bitcoin can rise even 12% per year. Wall Street refuses to put its money where its mouth is. Despite outlandish price targets for Bitcoin, big banks don’t even believe Bitcoin will rise 12% per year. If they did, $STRC would be trading near $100. Instea
The post Wall Street analysts set Meta stock price target for 12 months appeared on BitcoinEthereumNews.com.
IMPORTANT NOTICE Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability. RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.) By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more. Source: https://finbold.com/wall-street-analysts-set-meta-stock-price-target-for-12-months/
The post Delta Air Lines (DAL) Q2 2026 earnings appeared on BitcoinEthereumNews.com.
Delta Air Lines‘ profit goal is in reach this year as the carrier passes along higher fuel costs to customers, pricing power CEO Ed Bastian expects to last even as oil prices drop from multiyear highs. “I think it’s sustainable,” Bastian told CNBC in an interview. He said fares will likely stay strong thanks to robust demand, more diverse seat options, and a more disciplined airline industry that’s learned from the past and isn’t likely to expand capacity as soon oil falls. Delta on Friday forecast third-quarter per-share earnings of between $2.00 and $2.50, compared with analysts’ estimates of $2.02 a share for the period. The company also projected revenue would be up in the mid-teens compared with the July-through-September period of 2025. For the full-year, the carrier reaffirmed its January per-share earnings forecast of between $6.50 and $7.50. Here’s what Delta reported for the second quarter co
The post U.S. banking giant says Meta among best stocks to buy right now appeared on BitcoinEthereumNews.com.
Mark Zuckerberg’s Meta Platforms (NASDAQ: META) was rewarded for its stock market strength in the last two weeks with reinvigorated Wall Street bullishness and a particularly strong endorsement from Bank of America (NYSE: BAC). Specifically, BofA added the technology giant to its list of best investment ideas among the equities boasting a ‘Buy’ rating. The move came shortly after Bank of America’s Justin Post reiterated his ‘Buy’ rating for Meta stock and set the 12-month share price target at $835, thus indicating investors can expect a 32.23% rise for their position should they purchase. While BofA’s decision to add Mark Zuckerberg’s company to its top ideas list represents a particularly decisive recommendation, the bullish attitude itself is hardly a standout among major financial institutions. Indeed, the vast majority of ratings assigned since July started – Needham, JPMo
The post Wall Street analyst raises Gold price target for 2026 appeared on BitcoinEthereumNews.com.
Bob Bracket, a Wall Street analyst at Bernstein Research, has raised his Gold (XAUT) price target for the end of the year and the second half of 2026. Bracket raised the firm’s 2027 gold price forecast to $4,533 per ounce, signaling a potential 10.9% upside from the asset’s price of about $4,087.79 on July 10. At the beginning of this month, the firm set its 2026 gold price target at $4,180 per ounce, but has since revised. Additionally, Bracket set the firm’s second-half 2026 gold price target at $4,375 per ounce, implying a possible 7.0% upside over the coming months. The Wall Street analyst reiterated the same tailwinds likely to push gold higher in the near future. For instance, Bracket cited the strong demand for gold from global central banks, led by the People’s Bank of China (PBOC). He further noted that the asset has strong institutional support, as evidenced by limited outflows
The post Bitwise Reports Third Consecutive Crypto Market Decline as Tokenized Assets Reach Record Highs appeared on BitcoinEthereumNews.com.
Bitwise registered a third quarter in a row of crypto market declines as the Bitwise 10 Large Cap Crypto Index fell by 15.4% in Q2 2026. Volumes in prediction markets, tokenized real-world assets, and stablecoins reached historic levels despite weak market activity. In its report on Q2 2026, Bitwise noted that it was another tough quarter for digital assets despite growth in a number of blockchain verticals. The Bitwise 10 Large Cap Crypto Index fell by 15.4% in Q2 2026, marking another quarter in a row of crypto declines. Out of the ten constituent assets that form the index, eight saw declines over the course of the quarter. According to Bitwise, it is crypto’s third consecutive quarter in negative territory since late 2025. There were record outflows from Spot Bitcoin ETFs since the introduction of such financial instruments by the regulators.
