ARK Invest Sees Tesla Stock at $4,400 by 2031 as Robotaxis Drive Valuation
Cathie Wood’s ARK Invest projects Tesla shares at $4,400 in 2031, nearly 12 times Monday’s close, with robotaxis driving most of its modeled valuation.
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Latest News
Jio IPO Draws $26.3 Billion in Anchor Bids as BlackRock and GIC Join
Jio allocates about $854 million in anchor shares as CNBC reports $26.3 billion in bids, with BlackRock and GIC participating ahead of public subscription.
Elice Plunges on Kosdaq Debut After $150 Million AI IPO
Elice falls more than 30% from its IPO price as the Korean AI infrastructure company enters a market increasingly focused on funding costs and returns.
Merz Urges German Businesses to Embrace AI as Nvidia Plans Investments
Germany’s Friedrich Merz urges companies to use their industrial data for AI as Nvidia plans four startup investments and Siemens showcases factory applications.
Digital Gold Could Reach $170 Billion by 2031, WGC and BCG Say
A WGC-BCG study sees digital gold growing to $160–170 billion by 2031, with up to $700 billion in additional demand held back by adoption barriers.
European Stocks Extend Losses as French Protests Deepen Fiscal Fears
European stocks open lower as French unrest intensifies concerns over deficits and borrowing costs, while OVHcloud rises after its annual results.
J.P. Morgan Sees 10% Bitcoin Returns, Ahead of Stocks and Gold
J.P. Morgan Asset Management forecasts 10% compounded annual Bitcoin returns over 10–15 years, ahead of U.S. stocks and gold, with 55% volatility.
Pump.fun Adds OpenAI and Anthropic Pre-IPO Tokens Through PreStocks
Pump.fun adds tokens linked to eight private companies, including OpenAI, Anthropic and Polymarket, for direct trading and new coin pairs through PreStocks.
Amazon Stock Jumps 5% as Morgan Stanley Names It a Top Pick
Amazon gains nearly 5% as Morgan Stanley raises its target to $350, citing stronger AWS growth and AI opportunities across cloud services and shopping.
Silence Therapeutics Jumps 126% on Merck’s $1.3 Billion Deal
Silence Therapeutics closes up 125.58% after Germany’s Merck agrees to a $1.3 billion cash buyout at $20 per ADS, with completion targeted for early 2027.
Goldman Upgrades CoreWeave to Buy, but CRWV Rally Fades
Goldman upgrades CoreWeave to Buy but cuts its target to $106. CRWV gives up an early rally and closes down 0.44% as AI financing risks remain...
UBS Sees ECB Rate Hikes in December and March, Lifting Peak to 3%
UBS now forecasts quarter-point ECB rate hikes in December 2026 and March 2027, taking the deposit rate to 3%, while still expecting an October pause.