ADVFN US – Market Content Editor
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Bernstein’s Chhugani forecasts Bitcoin could reach $300,000 by 2029
Bernstein expects Bitcoin (COIN:BTCUSD) to reach $300,000 by the end of 2029, with analyst Gautam Chhugani identifying the cryptocurrency as a major potential beneficiary of what he describes as the debasement trade. The forecast assumes Bitcoin continues to broadly follow its historical four-year market cycle, with Bernstein also expecting the cryptocurrency to recover to a…
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Citi sees Permian Basin entering multi-year natural gas growth cycle
The Permian Basin is moving into a multi-year expansion phase for natural gas infrastructure that could ease the takeaway constraints that have long affected the region, according to Citi analysts. The bank said the latest investment cycle differs from previous periods because infrastructure development is being supported by more durable sources of demand. Growing U.S.…
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Nearly half of global oil supply comes from conflict-affected countries six months into Iran war
Nearly half of the world’s oil production is now sourced from countries affected by conflict in 2026, according to Reuters calculations, highlighting the scale of disruption facing global energy markets. Six months after U.S. and Israeli attacks on Iran triggered what has developed into the largest oil supply crisis on record, there remains little indication…
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Stock Futures Drop as Middle East Escalation and Hawkish Fed Remarks Weigh on Sentiment: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Monday, with stocks poised to extend the pullback seen during last Friday’s session. The downward momentum on Wall Street comes amid concerns about a re-escalation of the military conflict in the Middle East following a period of relative calm. Over…
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JPMorgan remains positive on equities, sees rotation driving further gains
JPMorgan remains constructive on equities heading towards the end of the year, although the bank expects further gains to be driven by shifts between market segments rather than a broad-based surge in stocks. “In equities, we stay constructive into year-end, expecting a grind higher with rotation rather than a broad melt-up move,” strategist Fabio Bassi…
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How sustainable is the crypto rebound? Needham sees further momentum
The recent recovery across digital assets could have further room to run, according to Needham & Company, which has increased its crypto trading volume forecasts for the exchanges and platforms covered by the firm. “How sustainable is the crypto rebound? We believe it has legs,” analyst John Todaro wrote in a note to clients, identifying…
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US leveraged single-stock ETF boom shows signs of cooling
Demand for high-risk leveraged and inverse single-stock exchange-traded funds in the US may be losing some momentum after a rapid expansion in new products. A volatile bull market has encouraged investors to seek products capable of magnifying daily moves in some of the market’s most popular and volatile stocks. The surge in speculative offerings has…
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Which equity factors tend to outperform when Fed rate hikes begin?
The start of a Federal Reserve tightening cycle has historically produced notable changes in U.S. equity market leadership, according to an analysis by Barclays examining sector and style-factor performance around the first interest rate increase. Market expectations have increasingly moved towards the possibility of a rate hike by the first Federal Open Market Committee meeting…
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JPMorgan eases lending restrictions in push for tech wealth clients – FT
JPMorgan Chase is relaxing some of its lending restrictions on shares in recently listed companies as the bank seeks to win more wealthy clients from rapidly expanding technology businesses, the Financial Times reported on Tuesday, citing people familiar with the matter. Under its standard policy, JPMorgan generally does not accept shares as collateral for loans…
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SpaceX orbital compute could gain appeal as data center opposition grows
SpaceX’s (NASDAQ:SPCX) ambitions to move computing infrastructure into orbit could become more attractive as political resistance to terrestrial data centers intensifies across the US, Evercore ISI said in a note to investors. Analyst Kutgun Mural pointed to an increasingly difficult political and regulatory environment for new data center developments. Texas has paused as many as…