Bitcoin rebounded to a two-week high of $63,836 as Bernstein analysts reaffirm a 'ambitious' $150,000 year-end target, citing potential regulatory catalysts and institutional maturity. Despite a nearly 50% drawdown from its all-time high, the orderly correction and Strategy's $216M BTC sale without market disruption signal a more resilient asset class.
Source: finance.yahoo.com · Decrypt
Bernstein has elevated its rating on The Cigna Group from Market Perform to Outperform, signaling increased confidence in the company's diversified business model. The upgrade highlights Cigna's resilience compared to peers facing significant headwinds in the Medicare Advantage and pharmacy benefit management sectors.
Source: insidermonkey.com · finance.yahoo.com
Bernstein has upgraded its growth projections for India's power sector through FY27, citing a significant anticipated surge in demand during the second half of the cycle. The revision reflects accelerating industrial expansion and the structural electrification of the Indian economy.
Bernstein has revised its growth projections for India's power sector upward, anticipating a significant demand acceleration in the second half of the fiscal year. The firm’s upgraded FY27 outlook reflects structural shifts in industrial consumption and the ongoing electrification of the Indian economy.
Source: calcuttanews.net · bignewsnetwork.com
US and Israeli strikes on Iran have ignited a sharp retreat in global equities and a dramatic surge in energy prices, as threats to the Strait of Hormuz revive fears of a 2022-style inflationary shock. With Brent crude spiking and factory gate prices hitting multi-year highs, the Federal Reserve faces a significantly more complex path for monetary policy.
Source: Reuters (fr) · Reuters (my)
A significant overnight selloff on Wall Street, driven by AI-related concerns and renewed U.S. tariff threats, has halted a six-day rally in Asian equities. Investors are navigating a complex legal landscape as President Trump invokes the 1974 Trade Act to bypass judicial setbacks on protectionist policies.
Source: Reuters (fr) · Reuters (my)