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Crypto shares jumped in after-hours. GameSquare up 8.7%; BTCS up 7%; Upexi, Bit Digital up 3%; BIT Mining up 2%.Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and clearing the way for broader use of the techno...

Here are Thursday’s biggest calls on Wall Street:Bernstein reiterates Nvidia as outperformThe firm said it’s sticking with Nvidia.“The datacenter opportunity is enormous, and still early, with material upside still possible.”Barclays reiterates Tesla as equal weightBarclays said it’s “confused” ahea...

Chinese ADRs jumped in morning trading on Thursday, after China pledged to curb “irrational competition” in the electric vehicle (EV) sector, aligning with the government’s wider “anti-involution” campaign aimed at promoting healthy economic growth.NIO rose 8%; Li Auto rose 7%; Tencent Music rose 4%...

Shares of Unity Software jumped about 15% on Thursday after Morgan Stanley noted that the company's ad customers are reporting rapidly improving returns.The firm has an Overweight rating and a $25 price target on Unity's stock.Analysts led by Matthew Cost said the company's customers are reporting r...

Nvidia-linked stocks mostly jumped in morning trading. SoundHound AI and Aurora Innovation rose 6%; Applied Digital rose 5%; Recursion Pharmaceuticals, Cerence, and Serve Robotics rose 4%; Arbe Robotics rose 3%; WeRide and Arm rose 2%; while CoreWeave fell 3%; Micron fell 4%.

U.S. stock index futures barely budged on Thursday, as results from Taiwan's TSMC failed to shake investors from their cautious mood following a rollercoaster session marked by concerns about the Federal Reserve's independence.Investors will also be eyeing June retail sales data, set for release at ...

MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths miner inked a supply deal with Apple.Shares of MP Materials fell 6% in premarket trading on Thursday. They have surged 275% so far this year, giving the company a market value of $9.57 bil...

Li Auto has launched pre-sales for its first electric SUV (sport utility vehicle), the Li i8, with expected pricing significantly higher than that of its direct competitor, Nio sub-brand Onvo' L90.

Opendoor Technologies shares jumped another 25% in premarket trading on Thursday after soaring 43% on Wednesday.Until very recently, shares of Opendoor Technologies Inc. had largely been left for dead. But over the past week, retail traders swapping stock tips on social media have helped bring them ...

Crypto stocks mixed in premarket trading on Thursday. Upexi and BTCS rose 12%; BIT Mining rose 9%; Bit Digital rose 5%; BitMine and SharpLink Gaming rose 4%; while Hut 8 fell 2%; Sequans Communications fell 7%; GameSquare fell 13%.The House late Wednesday advanced a trio of cryptocurrency bills and ...

TSMC shares jumped 4.6% in premarket trading on Thursday after earnings.TSMC, the world's main producer of advanced AI chips, posted record profit in the second quarter with forecast-beating growth of 60%, and noted that demand for artificial intelligence was getting stronger and stronger.It said it...

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Rises above $118,000 with a Narrowed 0.59% Increase in 24 HoursBitcoin has risen above $118,000 and is now trading at $118,587, with a narrowed 0.59% increa...

Hong Kong’s biotech stocks rose on Thursday.Fudan-zhangjiang soared 22%; Akeso rose 11%; CStone Pharma rose 9%; BeiGene, 3SBIO rose 8%; Ascletis up 7%; HeartCare up 5%.

US House Has Enough Votes to Advance Crypto Legislation, Vote Ongoing

HK crypto stocks soared in morning trading. Linekong Interactive up 31%; Sinohope up 3%; Grandshores up 2%; Boyaa, OSL Group up 1%.LINEKONG, a leading technology enterprise, has announced the establishment of its LK Crypto Division, marking a significant step into the Web3 and cryptocurrency managem

Advanced Micro Devices stock rose on Wednesday on updated analyst coverage. Five-star Wells Fargo analyst Aaron Rakers reiterated a Buy rating and increased the stock’s price target to $185 from $120. This suggests a possible 15.6% upside for AMD stock.The Wells Fargo analyst updated his price targe...

Jefferies analyst Brent Thill raised his price target on Unity stock to $35.Ad spending in mobile games is on the rise, and Unity should benefit from this.Genies partners with Unity to bring AI avatars and UGC tools to developersUnity Software, a 3D graphics software specialist, rocketed 14% on Wedn...

Jensen Huang, Nvidia’s President and CEO, cashed in $37.6 million in stock sale as the chipmaker continues to reach new highs. Notably, Huang sold 225,000 shares of NVDA common stock over the past few trading sessions. The sale is part of Huang’s plan to sell up to 6 million shares through a 10b5-1 ...

Quantum shares rallied on Wednesday. Rigetti Computing up 30%; Quantum Corp up 12%; SEALSQ up nearly 7%; QBTS, QUBT up over 4%.Rigetti Computing said it reached its midyear goal by achieving 99.5% median two-qubit gate fidelity on its new 36-qubit system, effectively halving the error rate for two-q...

Some crypto shares fell in overnight trading. GameSquare sank 15%; SBET, Circle, Hut 8 dropped 1%. Talks on considering cryptocurrency legislation bog down in US House.Voting in the U.S. House of Representatives on whether to open debate on several cryptocurrency bills bogged down on Wednesday, a da...