Citigroup Predicts Major Crypto Rally: Bitcoin to Hit $143K, Ethereum $4.3K
Citigroup forecasts bitcoin reaching $143,000 and ethereum $4,304 within 12 months, citing regulatory improvements and growing adoption despite recent market volatility.
NOTRELOAD AI
Nike Shares Plunge as China Struggles and Converse Sales Collapse
Nike shares fell after the company warned sales will drop this quarter, hurt by weak demand in China and at Converse. Revenue is expected to dip slightly.
Defense Tech & Space: KeyBanc Bullish on Sector Leaders While Redwire Scores Major Contract
KeyBanc initiates coverage on AVAV and KTOS with bullish ratings. Redwire lands docking systems contract for European spacecraft Nyx, stock jumps.
Cassava Sciences Stock Drops as FDA Halts Epilepsy Drug Trial
Cassava Sciences shares fell 10% in premarket trading after FDA placed clinical hold on simufilam trial for epilepsy treatment, delaying 2026 timeline.
TikTok's $14 Billion US Deal: Oracle-Led Consortium Takes Control as Chinese Parent Steps Back
TikTok announces binding agreements for Oracle-led buyout of US operations valued at $14 billion, separating from ByteDance while questions remain about algorithm control and revenue sharing.
WhiteFiber Lands Major AI Data Center Deal Worth $865M
WhiteFiber secures 10-year, $865M colocation agreement with Nscale for 40MW AI infrastructure at NC-1 campus in North Carolina.