Streetbeat News

Analyst Ratings

ARKF

ARKK

ARKW

COIN

GBTC

Ark Invest CEO Cathie Wood predicts a significant upside for Bitcoin, with price targets eventually raised to $1 million by 2030. Despite the bankruptcy and collapse of several major cryptocurrency companies, Wood remains optimistic about the future of digital assets. Ark Funds have increased their holdings in many of their ETFs, including ARKK, ARKW, and ARKF, to coincide with this thesis. Coinbase Global (NASDAQ:COIN) is among the top ten holdings in these ETFs. The Grayscale Bitcoin Trust (OTC:GBTC) is also the second largest holding in the Ark Next Generation Internet ETF.

Portfolio Pulse from Chris Katje

July 08, 2023 | 3:34 pm

META

NFLX

SPOT

The article discusses various entertainment news including the rivalry between Elon Musk and Mark Zuckerberg, with Musk threatening to sue Meta Platforms Inc for poaching Twitter employees. It also mentions the cancellation of Meghan Markle's podcast on Spotify after failing to reach an agreement on its launch. Netflix is also mentioned in relation to the timing of 'Titanic' being added to the platform.

Portfolio Pulse from Anthony Noto

July 08, 2023 | 12:35 pm

BLK

BTCUSD

Samson Mow, CEO of Bitcoin company Jan3, predicts Bitcoin could reach $3 million per coin by 2033. He dismisses altcoins and meme coins as distractions. His comments come as BlackRock refiles its application with the SEC for a Bitcoin ETF, with Coinbase chosen for surveillance-sharing agreements to detect fraud. Cboe Global Markets has also refiled paperwork for a Fidelity Investments spot BTC ETF. Mow believes approval of a Bitcoin ETF could lead to a significant influx of investment from pension funds and others.

Portfolio Pulse from Mehab Qureshi

July 08, 2023 | 12:33 pm

SFTBY

This week in AI saw predictions of AI surpassing human intellect by SoftBank Group's CEO, Masayoshi Son, and the integration of AI in wearable technology and the financial market. A smart home robot using ChatGPT from OpenAI was launched, and Goldman Sachs provided insight into the transformative potential of generative AI on U.S. equities. German Bionic is using AI in exoskeletons to assist workers, and Cronos Labs announced a partnership with Protocol Labs to drive the adoption of Web3 technologies.

Portfolio Pulse from Benzinga Newsbot

July 08, 2023 | 11:26 am

BTCUSD

DOGEUSD

This week's cryptocurrency news included Elon Musk's challenge to McDonald's to adopt Dogecoin as a payment method, a man's decision to sell his house and invest in HEX cryptocurrency, Dogecoin's price spike due to shorting, Mark Cuban's views on DeFi's advantages over traditional finance, and Tim Draper's revised prediction for Bitcoin to surpass $250,000 by 2025.

Portfolio Pulse from Benzinga Newsbot

July 08, 2023 | 10:59 am

NEE

NextEra Energy (NYSE:NEE) has received mostly bullish ratings from analysts in the last quarter, with 3 bullish and 6 somewhat bullish ratings. The average 12-month price target for the stock is $90.89, representing a 3.18% decrease from the previous average price target of $93.88.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 9:01 pm

HUM

In the last quarter, Humana (NYSE:HUM) received 10 somewhat bullish ratings, 3 indifferent ratings, and no bearish ratings from analysts. The average 12-month price target for the company is $601.31, an increase of 0.41% from the previous average of $598.86.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 9:01 pm

FERG

Over the past 3 months, 8 analysts have published their opinion on Ferguson (NYSE:FERG) stock. The company has an average price target of $168.75 with a high of $181.00 and a low of $155.00. The average price target has increased by 9.44% over the past month. Out of the 8 analysts, 5 are bullish, 3 are somewhat bullish, and none are bearish or indifferent.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 9:01 pm

MS

Over the past 3 months, 8 analysts have published their opinion on Morgan Stanley (NYSE:MS) stock. The average price target is $99.38, implying an upside from the current price of $83.36. This average has decreased by 3.82% from the previous average price target of $103.33.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 9:00 pm

D

Dominion Energy (NYSE:D) has received mixed analyst ratings in the last quarter, with 2 bullish, 6 indifferent, and 1 somewhat bearish. The average 12-month price target for the company, according to 9 analysts, is $58.67, a decrease of 2.02% from the previous average of $59.88.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 9:00 pm