Dec 14, · JPMorgan Chase, one of the world’s largest investment banks, mentioned in a research note that the recent Bitcoin adoption by mutual life insurance company, MassMutual indicates the potential for additional institutional demand. The bank predicted demand of around $ billion for . Dec 15, · JPMorgan’s analysts have predicted significant demand for bitcoin following the $ million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $ billion demand for bitcoin. $ Billion Demand for Bitcoin. JPM Coin is a digital coin designed to make instantaneous payments using blockchain technology. Read more.
Jpmorgan bitcoinJPMorgan Predicts $ Billion Bitcoin Demand | Finance Magnates
Bempedoic acid remains in clinical trials of its efficacy in risk reduction for cardiovascular disease. The trial, called CLEAR Outcomes, is a large-scale, long-term study, tracking more than 14, patients with top-line data expected in the second half of The study covers 1, locations in 32 countries around the world.
Esperion shares peaked last February, after the FDA approvals, but since then, the stock has declined. The offering gives the company a boost in available capital for further work on its development pipeline and its marketing efforts for bempedoic acid. We believe this financing should help put to rest concerns regarding Esperion's balance sheet.
This growth trajectory suggests potential for a rapid acceleration when conditions improve," Messer wrote. Intercept has a research pipeline based on FXR, a regulator of bile acid pathways in the hepatic system. The effect on the stock is still felt, and ICPT remains at its week low point. In reaction, in December of , Intercept announced major changes in top-level management, as CEO and President Mark Pruzanski announced he's stepping down effective January 1 of this year.
Pruzanski's dedication to transform the liver space is still strong, and that he will continue to guide ICPT's progress as an advisor and Board member. By November, however, even though remdesivir had been approved, the World Health Organization WHO was recommending against its use, and the COVID vaccines now on the market have made remdesivir irrelevant to the pandemic. The company has been working, in conjunction with Galapagos GLPG , on development of filgotinib as a treatment for rheumatoid arthritis.
Looking at the consensus breakdown, opinions from other analysts are more spread out. Disclaimer: The opinions expressed in this article are solely those of the featured analysts.
The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Here's what could really send bitcoin prices through the roof in , argues one expert. A Democrat victory in both Georgia runoff elections could have huge implications for tax and spending policy, the shape of the coronavirus recovery and the stock market outlook.
It's a stock that underperformed the last two years but would likely excel in a year of renewed growth in economic activity. Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in January When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Microsoft, Netflix and Nvidia.
Workhorse Group Inc. But the order is contingent on Workhorse being able to fulfill it. Pride Group Enterprises, which operates 17 retail and rental truck locations in the U. It built just seven vans in the third quarter, two of which were delivered to Ryder System Inc.
It had a total backlog of about 1, vans at the end of the third quarter of , not counting a truck order from commercial vehicle distributor Pritchard Cos. The Pride Group order is subject to "various production and delivery conditions," according to a Workhorse press release Monday.
A company spokesman did not immediately return a call seeking clarification of the conditions. Workhorse shares traded at EST Monday. A slight lead? Pride Group is moving to make all its offerings electric. It reserved Tesla Semis in November. It might purchase as many as of the oft-delayed electric heavy-duty trucks. Benzinga does not provide investment advice. All rights reserved. NIO NIO is starting with record electric vehicle deliveries and the launch of a used car service and trading platform.
The markets closed out with modest session gains to cap off larger annual gains. These are analysts with 5-star ratings from TipRanks database, and they are pointing out the stocks with Strong Buy ratings — in short, this is where investors can expect to find share growth over the next 12 months.
ElectraMeccanica Vehicles SOLO Electric vehicles, EVs, are growing more popular as consumers look for alternatives to the traditional internal combustion gasoline engine. These advantages, as EV technology improves, are starting to outweigh the drawbacks of shorter range and expensive battery packs. ElectraMeccanica, a small-cap manufacturer from British Columbia, is the designer and marketer of the Solo, a single-seat, three-wheel EV built for the urban commuter market.
Technically, the Solo is classed as an electric motorcycle — but it is fully enclosed, with a door on either side, features a trunk, air conditioning, and a Bluetooth connection, and travels up to miles on a single charge at speeds up to 80 miles per hour.
In addition, the company has begun design and marketing work a fleet version of the Solo, to target the commercial fleet and car rental markets starting in the first half of this year. Chains look to avoid third party delivery costs and balance brand identity implications of operator- vs.
The SOLO's mile range, low operating cost, and std telematics make the vehicle a good fit, in our view, particularly when location data can be integrated into a chain's kitchen software. We would not be surprised if SOLO made a couple announcements with major chains after customers validate plans.
The company has 3 recent reviews, and all are Buys, making the analyst consensus a unanimous Strong Buy. Nautilus gained as the social lockdown policies took hold and gyms were shuttered in the name of stopping or slowing the spread of COVID The company, which owns major home fitness brands like Bowflex, Schwinn, and the eponymous Nautilus, offered home-bound fitness buffs the equipment needed to stay in shape.
Watching this stock for Lake Street Capital is 5-star analyst Mark Smith, who is bullish on this stock. Smith is especially cognizant of the recent dip in share price, noting that the stock is now off its peak — which makes it attractive to investors.
The stock has 4 recent reviews, and all are to Buy. KAR sells to both business buyers and individual consumers, offering vehicles for a variety of uses: commercial fleets, private travel, even the second-had parts market. In , the last year for which full-year numbers are available, KAR sold 3. The ongoing corona crisis, with its social lockdown policies, put a damper on car travel and reduced demand for used vehicles across market segments.
As the new vaccines promise an end to the COVID pandemic later this year, and the lifting of lockdown and local travel restrictions, the mid- to long-term prospects for the second-hand car market and for KAR Auctions are brightening, according to Truist analyst Stephanie Benjamin.
You can have crypto yen and dollars and stuff like that. The bitcoin to me was always what the governments are gonna feel about bitcoin as it gets really big, and I just have a different opinion than other people. Those are supported by law, police, courts. Blockchain, on the other hand, is real. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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