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Goldman Sachs Crypto: Bank Raises Coinbase Target Despite Crypto Volume Slump
99bitcoins7d agobearish
Goldman Sachs Crypto: Bank Raises Coinbase Target Despite Crypto Volume Slump

In Bitcoin news today, a group of cryptography researchers has published a draft specification for SHRINCS, a post-quantum signature scheme for Bitcoin transaction authorization. The draft, authored by conduition, Ethan Heilman, Mikhail Kudinov, Oleksandr Kurbatov, Jonas Nick, and a contributor known as remix7531, describes a hash-based design that combines a ...

Coherent, Lumentum, and Other Hot AI Stocks Are Falling Today. They Shouldn’t Be.
Barrons.com7d agobearish
Coherent, Lumentum, and Other Hot AI Stocks Are Falling Today. They Shouldn’t Be.

Optical networking companies Lumentum and Coherent are doing just that ahead of the open Friday, slipping alongside Marvell Technology  Memory names  Sandisk Micron and Western Digital were also down. Marvell is at the heart of the great AI date-center buildout. Its data center revenue jumped 46% in the second quarter and CEO Matt Murphy said he expects revenue growth to accelerate further through the rest of the year.

Roblox (RBLX) Stock May Be A Bargain On Shareholder Claims Probe
Simply Wall St.7d agobearish
Roblox (RBLX) Stock May Be A Bargain On Shareholder Claims Probe

Roblox stock has fallen sharply over the past year, yet a Discounted Cash Flow (DCF) intrinsic value estimate points to a large valuation gap, while traditional market multiples suggest the shares are expensive relative to fundamentals. Investors are left with a split signal on Roblox, as the broader value checks lean pricey even though the intrinsic value estimate implies upside from current levels. Over the past year, Roblox has declined 69.9%, which puts recent shareholder losses and...

Pikachu Crashed Tim Cook's Last Apple Park Tour — Here's What the iPhone Maker and the Pokémon Team Talked About
Benzinga7d agobearish
Pikachu Crashed Tim Cook's Last Apple Park Tour — Here's What the iPhone Maker and the Pokémon Team Talked About

Tim Cook may have delivered one last meme as Apple Inc. (NASDAQ:AAPL) CEO before handing the company to John Ternus, welcoming Nintendo Co. Ltd.’s (OTC:NTDOY) Pokémon team and a life-size Pikachu to Apple Park for a visit that mixed succession planning, gaming talk and a disobedient electric mouse. Pikachu Takes A Tour Of Apple Park "Today’s agenda at Apple Park: Introduce the @Pokemon team to John, talk gaming, and politely ask Pikachu to stay out of the pond. Two out of three were accomplished

PayPal Drops 12% Overnight on Dead Stripe Deal: Portfolio Manager Thomas Hayes Says Board Saved 'Meaningful Upside' by Blocking 'Inadequate Offer'
Benzinga7d agobearish
PayPal Drops 12% Overnight on Dead Stripe Deal: Portfolio Manager Thomas Hayes Says Board Saved 'Meaningful Upside' by Blocking 'Inadequate Offer'

PayPal Holdings Inc. (NASDAQ:PYPL) shares tumbled sharply, falling over 12% in overnight trading following reports that a consortium led by Stripe and Advent International has abandoned its $53 billion takeover pursuit. However, despite the steep drop, some market watchers are applauding PayPal’s board for rejecting the “inadequate offer” and preserving “meaningful upside” for existing shareholders. Defending ‘Meaningful Upside’ The buyout group had reportedly tabled a bid of $60.50 a share for