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Citibank Faces Lawsuit Over Alleged Negligence in $20 Million Crypto Romance Scam
Citibank Faces Lawsuit Over Alleged Negligence in $20 Million Crypto Romance Scam

Michael Zidell has filed a lawsuit against Citibank in a Manhattan federal court, accusing the bank of ignoring warning signs that enabled scammers to steal $20 million through a crypto romance scam.

DeFi Planet·2025/06/27 03:48
A Fed Leadership Change Is Imminent, Has the Market Already Bet on "Major Easing"?
A Fed Leadership Change Is Imminent, Has the Market Already Bet on "Major Easing"?

The market is pricing in unusually accommodative policy during the tenure of the new Federal Reserve Chair, especially in the third quarter of 2026.

BlockBeats·2025/06/27 03:20
Flash
09:18
Wall Street sets AMD's highest target price at $700 as institutions remain optimistic about its computing business
This means that the target price is currently the highest forecast for AMD on Wall Street. Cantor now ranks the stock as its top pick in the computing sector, even ahead of Nvidia and Broadcom. Muse stated that AMD currently demonstrates the strongest growth momentum in computing business among semiconductor companies. On the other hand, he believes that Qualcomm's recent chip expansion is more likely to ultimately revert to its nature as a "mobile phone company." At present, the average Wall Street target price for AMD is $509.75, noticeably lower than Cantor’s $700 and also below its recent trading levels. The 35 analysts covering the stock have set target prices ranging widely from $250 to $700, making it one of the most divergent among major chip companies.
09:18
ProFrac Holding Corp. has successfully completed the refinancing of its asset-based lending (ABL) facility.
This move aims to optimize the company's debt structure and significantly enhance its financial flexibility. Through refinancing, the company has obtained more favorable terms and greater liquidity, laying a solid financial foundation for future operations and strategic development.
09:16
Truist raises Cognex target price to $71
Glonghui July 6th|Truist has raised Cognex's target price from $61 to $71, maintaining a "Hold" rating.
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