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Robinhood closed up 16.57% on Thursday, with multiple investment banks upgrading its ratings.

1 hours ago

According to BIT (Bit.com) market data, Robinhood’s stock closed Thursday up 16.57% at $124.72, pushing its market cap to $112.13 billion. Recently, Scotiabank upgraded its rating on the firm; Piper Sandler projects Robinhood’s market revenue will surge with the start of next week’s football season, raising its 2026 and 2027 earnings per share (EPS) forecasts for Robinhood by 5% and 7% respectively, and lifting its target price from $135 to $145. Earlier on September 2, Morgan Stanley upgraded Robinhood (HOOD)’s rating from “Hold” to “Overweight” and hiked its target price from $124 to $150.

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ZEC rallied this morning to nearly $980, notching a more than 15% gain over the past 24 hours.

According to HTX market data, ZEC surged this morning to a high of $979.69 before pulling back to $938.20. The token has rallied over 15% in the past 24 hours, lifting its market capitalization to $15.766 billion.

10 minutes ago

The "Big Short" Michael Burry: Lululemon is his largest holding, and he will actively add to his position if the stock price drops below $100.

"Big Short" prototype Michael Burry stated in his column *Cassandra Unchained* that Lululemon Athletica is currently the largest holding in his investment portfolio. Burry referred to LULU as the "troublemaker" in his portfolio, and hinted he would buy aggressively if its share price falls below $100. He has added to his position multiple times before, with an average cost of around $120, and has repeatedly called the stock "shockingly cheap". Additionally, Burry previously noted that at current valuations, Lululemon could become an acquisition target for its founder or private equity funds as one potential long-term outcome.

10 minutes ago

Hong Kong-listed AI stocks are rallying, with MINIMAX rising more than 8% and Xunce gaining over 7%.

According to Bitget market data, Hong Kong-listed AI stocks are rallying. MINIMAX-W (00100.HK) rose over 8%, Xunce (03317.HK) gained more than 7%, while individual stocks including Kingsoft Cloud (03896.HK), Baidu (09888.HK), JD.com (09618.HK) and Meituan (03690.HK) also posted gains.

10 minutes ago

Multicoin Capital Reportedly Sells $112 Million Worth of HYPE, Projected Profit Reaches $64.08 Million

According to on-chain analytics account AI Yi’s monitoring, Multicoin Capital has reportedly sold a total of roughly $112 million worth of HYPE since July 28, generating an estimated profit of $64.08 million with a return of over 134%. Per the monitoring, the entity built a position of 4.95 million HYPE tokens from Galaxy Digital between January and July this year at an average price of $32.32 per token. As HYPE’s price continued to climb, Multicoin has been taking partial profits by transferring tokens to exchanges, with multiple recent HYPE transfers to Coinbase. The most recent transfer took place around 3 hours ago, involving approximately 150,000 HYPE tokens valued at roughly $12.78 million.

10 minutes ago

Unipcs Earns $6 Million in a Day? PONS Delivers Over 110x Return on Investment

According to Lookonchain’s monitoring, crypto KOL Unipcs’ portfolio has grown by roughly $6.3 million over the past 24 hours. The KOL previously spent just $67,700 to acquire 10.9 million PONS tokens and has not sold any of the holdings since. The current value of his PONS stake has surged to approximately $7.52 million, translating to an unrealized profit of around $7.45 million and a return on investment (ROI) of over 110 times.

10 minutes ago

LIT surges over 16% in 24 hours, market cap crosses $1.1 billion

According to HTX market data, LIT has surged over 16% in the past 24 hours, extending its multi-day rally. Its market capitalization has crossed $1.1 billion, currently trading at $4.41, with a 113.9% gain over the last 30 days.

10 minutes ago

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