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11:22
UBS: Now is the time to buy Morgan Stanley stock
Glonghui April 7th|UBS stated that investors should take the opportunity to buy shares of a certain exchange, as this investment banking giant has demonstrated its resilience in the face of multiple adverse factors. UBS has upgraded the rating of this exchange from Neutral to Buy and raised the target price from $195 to $196, representing about a 17.7% upside compared to Monday’s closing price. Analyst Erika Najarian pointed out that, considering the recent negative news affecting markets and bank stocks (Iran conflict, private credit, artificial intelligence), investors have an opportunity to add high-quality stocks to their portfolios. The analyst noted that this exchange has historically been proactive in embracing new technologies, suggesting that its shares will be able to withstand the disruptive risks posed by artificial intelligence.
11:17
Kharg Island in Iran was attacked again, with multiple explosions reported.
Reporters learned from the Iranian side on April 7 local time that Iran's Khark Island was attacked again, with multiple explosions reported. On March 14, U.S. Central Command said that on the night of March 13, the U.S. military carried out a large-scale strike on Iran's Khark Island, with over 90 military targets on the island being "successfully hit." The U.S. military destroyed Iran's naval mine storage facilities, missile storage bunkers and other military targets, but "spared" the oil infrastructure. Iran's oil export hub, Khark Island, is located in the northwest of the Persian Gulf, about 25 kilometers from the Iranian coast. It is Iran's largest crude oil export base, with 90% of Iran's crude oil exported from here. (CCTV News)
11:17
Peter Schiff: If Bitcoin drops to $10,000 by the end of 2026, it will still be the best-performing asset of the next decade
Odaily reported that Peter Schiff stated that even if Bitcoin reaches 10 thousand US dollars by the end of 2026, it will still be the best performing asset of the next decade. He is convinced that Michael Saylor will rely on this to continue pushing up the price of Bitcoin and issue more shares to buy Bitcoin. However, a 92% decline would make it the worst performing investment for most long-term holders.
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