Analysts target $630 for AVGO as custom ASICs and VMware integration drive growth amid semiconductor outperformance. Broadcom’s stock has lagged peers with a 19% year-to-date gain, trailing the iShares Semiconductor ETF’s 71% surge. Analysts see $630 per share as achievabl
The UK government targets HTX and other crypto platforms for allegedly aiding Russia sanctions evasion networks. The UK sanctioned HUOBI GLOBAL S.A., the entity behind crypto exchange HTX, on May 26 for providing financial services to A7 Limited Liability Company. The move
BNP Paribas forecasts Japan’s GDP growth to decelerate to 0.5% in 2026 amid rising inflation and production costs. Japan’s GDP growth is expected to slow to 0.5% in 2026 from 1.1% in 2025, driven by higher inflation and production costs. The Bank of Japan is projected to c
ESLT reports $3.34 EPS and $2.19 billion revenue, beating estimates as Middle East conflicts boost defense spending. Elbit Systems posted a 42% jump in first-quarter earnings to $3.34 per share, surpassing analyst expectations of $2.98. Revenue climbed 15% to $2.19 billion
Spot Bitcoin ETFs recorded net outflows of over $1.5 billion in a week, signaling waning investor interest amid a 12% drop in BTC this year. Bitcoin fell to $77,000 in Tuesday trading, down 12% year-to-date, as spot Bitcoin ETFs experienced net outflows exceeding $1.5 bill
Many big tech companies are spending heavily on developing artificial intelligence and building out data centers to support the megatrend. Investors, however, remain unsure about most of those spending plans, sending many stocks lower in 2026 as capital expenditure and res
The WSJ is reporting that the US Navy has restarted assisting ships through the Strait of Hormuz. Navy has restarted assisting commercial vessel crossings through the Strait of Hormuz. U.S. military officials told the WSJ that a Greek supertanker carrying 2 million barrels
Canadian Dollar: Range signals possible reversal against US Dollar – Scotiabank Scotiabank analysts Shaun Osborne and Eric Theoret note that the Canadian Dollar (CAD) is steady against the US Dollar (USD) near 1.3800, with fair value for USD/CAD estimated at 1.3672. They h
Autozone Inc (NYSE:AZO) reported fiscal third quarter earnings that topped Wall Street expectations, but revenue came in slightly below forecasts, sending the company’s shares down more than 10% in early trade on Tuesday. The auto parts retailer posted adjusted earnings pe
CAD steady near 1.3800 against USD The Canadian Dollar is holding steady against the US Dollar near 1.3800. The current fair value for USD/CAD is estimated at 1.3672. Technicals show a stalled rally near the 200-day moving average, with a possible bearish r
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