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07:43
Major Banks Rating | Bank of Communications International: Maintains Buy Rating for TSMC, Target Price $468
Glonghui, April 21 — Bank of Communications International maintains a Buy rating on TSMC (TSM.US) with a target price of $468: Q1 2026 results exceeded expectations, with strong AI demand driving 3nm capacity expansion and full-year revenue growth likely to exceed 30%. The 2026/27 EPS is raised to TWD 94.76/109.23, and the target price is based on 29 times the average 2026-27 PE, reflecting TSMC's leading edge in advanced manufacturing processes and long-term AI growth momentum.
07:42
A certain short-selling whale exited at a loss, only to re-enter a short position at $76,670
BlockBeats News, April 21st, according to Hyperinsight monitoring, a whale starting with 0x616 liquidated its $4.06 million BTC short position through a stop-loss order, with a liquidation price of $76,218. The transaction incurred a minor loss of approximately $2,614. Subsequently, the address reentered the market above the liquidation price at $76,670 and placed a new BTC short position of 52.6 BTC, worth around $4.03 million, indicating an intention to reenter a short position. Address: 0x616f5d5db5cf8d98a8554c84492bce764c7f09b1
07:33
Bank Ratings | JPMorgan: The Importance of Google Cloud Services Activity This Year Will Surpass Previous Years, Reiterates “Overweight” Rating for Alphabet
Golden Ten Data, April 21 — JPMorgan released a report indicating that the upcoming Google Cloud Next 2026 event, scheduled for April 22–24, carries more weight than in previous years. This is due to the growing significance of Google Cloud as the company’s second largest business line and its fastest-growing segment. Revenue’s annual growth rate accelerated from 48% in last year’s fourth quarter to an estimated 61% in this year’s first quarter, while backlogged orders grew approximately 160% year-on-year to 240 billion dollars in last year’s fourth quarter. Regarding profitability, Google Cloud’s operating profit margin expanded by 960 basis points to 23.7% year-on-year last year, and it is forecasted to further expand to 27.9% this year. JPMorgan expects that this year's event will highlight the growth momentum Google Cloud has continuously accumulated over the past three years. The main pre-event questions focus on whether investment in AI infrastructure and models can be transformed into sustainable enterprise adoption, repeatable investment returns, and unit economics with resilient profitability. The event is believed to underscore the importance of Google’s substantial capital expenditures. The bank reiterates its “Overweight” rating on Alphabet and maintains a target price of 395 dollars.
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