Galaxy Digital has room to run as the artificial intelligence and cryptocurrency company capitalizes on industry tailwinds, according to Morgan Stanley. The investment firm assigned Galaxy Digital’s stock an overweight rating. It also set a $42 price target per share, implying about 34% upside from Wednesday’s close. “We view Galaxy Digital as a compelling combination…
Zoom In IconArrows pointing outwards Courtesy of Built Technologies A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive…
Bank of America believes that DigitalOcean is poised to benefit from rising artificial intelligence inferencing demand. Analyst Wamsi Mohan double upgraded the cloud service provider to a buy rating from underperform. He also hiked his price target to $60 per share from $34. Shares of DigitalOcean have already surged 35% this year. Mohan’s new forecast…
U.S. President Donald Trump attends an event to make an announcement from the Oval Office at the White House in Washington, D.C., U.S. Nov. 6, 2025. Jonathan Ernst | Reuters President Donald Trump on Thursday announced deals with Eli Lilly and Novo Nordisk to slash the prices of some of their obesity drugs, including upcoming…
Check out the companies making the biggest moves midday: Brighthouse Financial — The insurance company soared 26% after it announced it would be bought by Aquarian Capital for $70 per share in cash, or around $4.1 billion. The deal is expected to close next year. Golden Entertainment — The casino operator surged 36% after announcing…
Chicago Federal Reserve President Austan Goolsbee on Thursday expressed hesitation about lowering interest rates further because the government shutdown has resulted in a blackout on key inflation data. While Goolsbee has otherwise been an advocate for gradually lowering rates, the central bank official said during a CNBC interview that he has concerns over the lack…
A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025. Samuel Corum | Bloomberg | Getty Images Airlines rushed to provide travelers updates after the Federal Aviation Administration said Wednesday that it would reduce flights across 40…
Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi. Sopa Images | Lightrocket | Getty Images Chinese startup Moonshot on Thursday released its latest generative artificial intelligence model which claims to beat OpenAI’s ChatGPT in “agentic” capabilities — or understanding what a user wants without explicit step-by-step instructions….
Nadia Milleron, whose daughter Samya Stumo was killed in the crash of Ethiopian Airlines Flight 302, holds a sign with photos of the crash victims during a Senate Commerce, Science and Transportation Committee hearing on aviation safety and the future of the Boeing 737 Max aircraft, in the Hart Building in Washington, D.C., Oct. 29,…
People walk to their car after shopping at a Target store on Oct. 3, 2025, in Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty Images Customers used to hold up Target as an example of how to run large, yet sparkling stores. Yet in recent years, shopper complaints about sloppier aisles, longer…
