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02:54
RBC Capital raises Marvell Technology target price to $200
Golden Finance May 15|RBC Capital raised Marvell Technology's target price from $170 to $200, maintaining its "outperform" rating. (Golden Finance)
02:47
Futures Hotspot Tracking
Low inventories and basis recovery have supported the strong performance of near-month egg contracts, but there are hidden risks of concentrated capacity release in the later period. How long can the trending market for eggs continue?
02:46
BIT: Bitcoin Faces Temporary Pressure Amidst Rebounding Inflation
According to Odaily, BIT released its latest weekly report stating that if Bitcoin were able to keep pace with the Nasdaq Index rally, its theoretical price should be close to $140,000. However, since October 2025, the divergence between Bitcoin and the Nasdaq has become increasingly apparent. BIT pointed out that the latest US CPI data has rebounded to 3.0%, which is 100 basis points above the Federal Reserve's target, and the market has also started to price out some rate cuts previously expected in 2026. The report believes that Bitcoin's earlier rally largely depended on expectations of Federal Reserve easing, and as rate-cut expectations diminish, Bitcoin's performance is coming under short-term pressure. The report also stated that the stock market has benefited from nominal income growth and a decline in real debt burdens brought by rising inflation, resulting in a different trend compared to Bitcoin. BIT believes the current market focus is whether the repricing of inflation expectations will weaken Bitcoin's fundamentals and how investors will adjust their positions going forward.
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