BofA Securities Upgrades PayPal(PYPL.US) to Buy Rating, Raises Target Price to $103
Express News | PayPal : KBW Raises Target Price to $104 From $92
This week, the biggest variables in US stocks, bonds, and bitcoin.
Investors need to closely monitor the release of November CPI this Wednesday, which could be a "black swan" event that disrupts market expectations for a December rate cut by the Federal Reserve. Analysts suggest that if the CPI shows no significant increase in U.S. inflation, then a rate cut in December is highly likely. However, futures pricing indicates that the Fed may pause rate cuts at the January meeting next year.
Musk-Altman Rivalry Intensifies With Trump's Appointment of David Sacks
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The reappointment of a member of the USA Securities and Exchange Commission has sparked controversy over the stance on Cryptos.
The usa Senate Banking Committee will vote on December 11 on the re-nomination of SEC Commissioner Caroline Crenshaw, whose anti-crypto stance has sparked backlash from industry leaders.
Bank of America Hartnett: The bubble in U.S. stocks and digital currency is intensifying.
Hartnett stated that the s&p 500 index and bitcoin have reached 6100 points and 100,000 dollars per ounce, respectively, indicating that a bubble has begun to form. If the s&p rises further to 6666 points (about a 10% increase from the current level), then the risk of an "overshoot" in the US stock market in early 2025 is very high.
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Weekly Buzz: Now THOSE are records!!
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Trump Selects David Sacks as White House Crypto, AI Czar
BofA's Hartnett Warns Froth Is Building in US Stocks, Crypto
First AI and Crypto Tsar of the United States revealed! Former paypal executive, Musk's close friend Sacks nominated.
Trump announced on Thursday that he will appoint former paypal (PYPL.US) Chief Operating Officer David Sacks as the "White House ai and cryptos czar," marking another step in reforming usa policy.
Trump Names David Sacks as White House 'AI and Crypto Czar'
Trump officially announced: White House AI and cryptos affairs have been settled!
① The newly elected president of the usa, Donald Trump, appointed David Sachs as the director of white house ai and cryptos affairs. ② Sachs, former COO of Paypal, will be dedicated to making the usa a global leader in the ai and cryptos fields. ③ Trump has been active in the cryptos industry, planning to turn the usa into a global crypto hub and supporting the idea of establishing a strategic bitcoin reserve.
Trump Appoints Venture Capitalist David Sacks As White House Crypto And AI Czar: 'He Will Work On A Legal Framework'