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Multiple Investment Banks Sharply Raise Tech Stock Price Targets, SMBC Extremely Bullish on Semiconductor Sector

58 minutes ago

May 28 — Major global investment banks have rolled out a series of fresh research reports, updating target prices for several prominent tech giants. Key adjustments include: - Bank of America Global Research raised its target price for HP Inc. to $18 from $16, and hiked Broadcom’s target to $600 from $515. - Wells Fargo increased Marvell Technology’s target to $240 from $195. - Credit Suisse made significant upward revisions across multiple tech stocks: ARM’s target rose to $360 from $290; Micron Technology saw a substantial jump to $1,150 from $800; Dell Technologies’ target climbed to $350 from $300; and SanDisk’s target was lifted to $1,825 from $1,625. - Morgan Stanley also boosted Marvell Technology’s target, setting it at $195 versus the prior $172.
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The US and Iran have reached a consensus on a 60-day memorandum of understanding, awaiting final approval from Trump

On May 28, two U.S. officials announced that negotiators from the U.S. and Iran have reached a 60-day memorandum of understanding (MOU) to extend the existing ceasefire and launch talks regarding the Iran nuclear deal, though President Trump has not yet given his final approval. Axios reported the news.

8 minutes ago

Gemini teams up with SpaceX and xAI to launch Command Center, a personalized market intelligence platform

Per Omdia Beating’s monitoring (via https://t.me/OneMillion_AI), Gemini has officially launched a new product called the "Command Center." Developed in partnership with SpaceX and xAI, this feature embeds artificial intelligence directly into the Gemini platform. The Command Center provides a hyper-personalized market information feed, delivering real-time insights and intelligence on key topics tailored to users’ interests—helping them stay up-to-date on market dynamics. Users can now set up their own Command Center instantly to access customized, real-time market information. --------------------------------- Click the original link below to join the Omdia Beating · Feishu AI News Channel, which tracks global AI trends and news around the clock.

8 minutes ago

Grayscale deposited 1,530.704 bitcoins into Coinbase Prime, equivalent to $112 million.

On May 28, according to Arkham's monitoring, Grayscale deposited a total of 1530.704 bitcoins into Coinbase Prime over a nearly one-hour period, equivalent to approximately $112 million.

8 minutes ago

Glassnode: Bitcoin Spot Selling Pressure Intensifies, On-chain Distribution Pressure Gradually Building

On May 28, on-chain analytics provider Glassnode released new data showing Bitcoin’s 7-day moving average (MA) spot trading volume delta has fallen back into a sustained negative territory. As Bitcoin’s price dipped to roughly $73,000, selling pressure in the market accelerated significantly: sellers have taken control of the spot market, and pressure from distributing existing Bitcoin holdings continues to build. Following a recent pullback from above $80,000 to around $75,000, Bitcoin’s spot demand, Bitcoin spot ETF inflows, and volatility expectations have all remained weak. While the market’s positioning has adjusted somewhat, investor confidence stays low overall, with most market participants maintaining a cautious outlook.

8 minutes ago

"The 'Son of Wall Street' Leopold Eats Instant Noodles in the Dark as Portfolio Dips Across the Board at Market Open"

May 28 — According to Bitget market data, 25-year-old Wall Street AI stock guru Leopold Aschenbrenner had instant noodles for breakfast today and witnessed a broad decline across his investment positions. The performance of his key holdings is as follows: - Sandisk (SNDK): down 0.6% - IREN: down 4.6% - CleanSpark (CLSK): down 2.7% - RIOT: up 1.4% - CORZ: down 0.12% - CRWV: down 0.1% Additionally, his newly opened positions in Q1 posted losses: TE fell 2.37% while HIVE dropped 2.69%.

8 minutes ago

The US Treasury Department is pushing for the issuance of a new banknote featuring President Trump's portrait, with a face value of $250.

May 28 — U.S. Treasury Department officials appointed by the Trump administration are actively advancing plans to print $250 bills featuring Donald Trump’s portrait. The proposal would mark the first time in more than 150 years that a living person’s face appears on U.S. circulating currency. Last August, Treasury officials provided the Bureau of Engraving and Printing (BEP) with design mockups that included Trump’s likeness and signature. The BEP’s director, who oversees banknote production operations, was reassigned last month after opposing the plan. In her resignation message, she wrote, “The buck stopped here.” If the move is finalized, it would break a long-standing American tradition of not placing portraits of living people on circulating currency. Trump administration-appointed officials continue to pressure the BEP to move forward with the highly symbolic banknote design.

8 minutes ago