• Dec 13, 2024

Ciena's Strong 2025 Outlook Wins Analyst Confidence: AI Bandwidth And Optical Market Expansion In Focus

Ciena Corp (NYSE:CIEN) stock surged after BofA Securities upgraded it from Neutral to Buy and raised its price target from $70 to $95. Needham analyst Ryan Koontz maintained Ciena with a Buy and raised the price target from $80 to $95. Additionally, Northland Capital Markets, and Stifel raised their respective price targets on the stock. On Thursday, Ciena reported a fiscal fourth-quarter 2024 revenue decline of 0.5% to $1.12 billion, beating the analyst estimate of $1.10 billion. The adjusted E

• Dec 13, 2024

Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan

The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.

• Dec 13, 2024

General Mills To Gain Strength From Rebound In Pet Segment And Stabilizing Retail Growth, Analyst Upgrades Stock

BofA Securities analyst Peter T. Galbo upgraded General Mills, Inc. (NYSE:GIS) to Buy from Neutral, raising the price forecast to $80 from $78. The analyst suggests that General Mills is expected to return to organic sales growth at a faster and more sustainable rate compared to other center-store food peers. This growth will be driven by factors such as the re-acceleration in the Pet segment (specifically Blue Buffalo) and stabilization in North America Retail, as issues in the dough category a

• Dec 13, 2024

The U.S. already has a gambling epidemic—24 hour stock trading would only make it worse

We've already seen how the ease of smartphone transactions and impulsive late night behavior leads to trouble for young men.

• Dec 13, 2024

Top Stock Movers Now: Broadcom, Supermicro, RH, and More

Major U.S. indexes were slightly lower at midday Friday as markets pulled back from the post-election rally that sent them into record territory.

• Dec 13, 2024

German Economy Will Hardly Grow in 2025, Bundesbank Says

(Bloomberg) -- Germany’s economy will hardly grow in 2025 after shrinking again this year, according to fresh forecasts from Bundesbank.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsHow California Sees the World, and ItselfGross domestic product will fall by 0.2% in 2024, it said Friday — slashing a June prediction for 0.3% growth. Output will exp

• Dec 12, 2024

Better Buy in 2025: XRP, Dogecoin, or Bitcoin?

The cryptocurrency market is on a tear this year, thanks in part to Trump's election win on Nov. 5.

• Dec 12, 2024

Bother with bitcoin? If you haven't bought crypto, it may be too late

When bitcoin surged past $100,000 this month, many crypto skeptics felt a pang of something: Envy? Self-doubt? Resignation?

• Dec 12, 2024

Money market account rates today, December 13, 2024 (up to 5.00% APY return)

Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.

• Dec 12, 2024

Chinese fund touts offshore crypto exposure in Alipay ad amid bitcoin boom

A Chinese fund manager has touted its fund's cryptocurrency exposure in an effort to draw investors amid a historic bitcoin boom, even as Beijing maintains a hostile stance towards the digital assets. A fund advertisement that read "Cryptocurrencies soaring, start investing with 10 yuan" was spotted on Alipay, Chinese fintech giant Ant Group's mobile wallet app, crypto-focused outlet Wu Blockchain reported on Thursday. The fund, a Qualified Domestic Institutional Investor (QDII) fund operated by