Powell maintained that bitcoin is not a challenge for traditional currencies like the U.S. dollar but rather gold.
Here are Thursday’s biggest analyst calls: Nvidia, Tesla, Eli Lilly, Cheesecake Factory, Walmart, Costco, Broadcom & more
Here are the biggest calls on Wall Street on Thursday.
Bitcoin to replace gold over next decade, says Bernstein
Bitcoin could replace the role of gold in the economy, although it will likely be a long ways ahead, per Bernstein.
Remembering Art Cashin’s most valuable stock market lessons – and the stories behind them
Art Cashin was a great historian of the stock market, and he shared his teachings through stories.
Morgan Stanley upgrades Hewlett Packard Enterprises, sees stock surging nearly 30%
Morgan Stanley is optimistic on HP’s upcoming acquisition of Juniper Networks.
Bitcoin will double to $200,000 by the end of 2025, says Standard Chartered
Bitcoin prices can continue their run up higher into the end of 2025, said Standard Chartered.
Thursday’s big stock stories: What’s likely to move the market in the next trading session
The 30-stock Dow closed above 45,000 for the first time on Wednesday, and the S&P 500 hit a new record. Here’s what CNBC is watching going into Thursday.
This income strategy could deliver a total yield of up to 7% a year, according to UBS
Investors can turn to dividend-paying equities and options to nab some attractive income.
Three stocks forming the bullish ‘Golden Cross’ pattern heading into 2025
The “golden cross” pattern is a phenomenon that’s used to identify stocks that could be breaking out into a new long-term trend.
This chip stock could be ready for a catch-up trade with Nvidia, according to the charts
Frank Cappelleri breaks down the charts on AMD.