Insider Brief PRESS RELEASE — The Fintech Open Source Foundation (FINOS) has announced the establishment of the FINOS AI Fund and the formation of its dedicated Governing Board. Anchored by Founding Premier Members The Depository Trust & Clearing Corporation (DTCC), Morgan Stanley, Royal Bank of Canada (RBC), and NatWest, the Fund is designed to help the industry […]
The post SpaceX (SPCXB) Draws $300 Morgan Stanley Overweight in Coverage Debut appeared on BitcoinEthereumNews.com.
SPCXB News SpaceX (SPCXB) drew its first heavyweight Wall Street endorsement as Morgan Stanley opened coverage with an Overweight rating and a $300 base-case price target, alongside a $600 bull case. Analyst Adam Jonas reframed the newly listed company not as a rocket launcher but as an artificial-intelligence infrastructure platform, arguing its Starlink satellite network and low-latency connectivity will underpin autonomous vehicles, robots and drones. The base target implies roughly 90% upside from recent trading near $160. Jonas projected revenue could reach about $319 billion by 2030 and $3.3 trillion by 2040, driven primarily by Starlink and AI rather than traditional launch services. A second catalyst arrives with SpaceX’s entry into the Nasdaq-100 Index. JPMorgan estimates the inclusion could trigger roughly $4.3 billion in automatic purchases by passive investmen
The post Morgan Stanley backs SpaceX as Wall Street sees massive upside ahead appeared on BitcoinEthereumNews.com.
Elon Musk’s SpaceX has secured fresh buy ratings from several major Wall Street banks, with Morgan Stanley assigning a base-case price target of $300 as the stock prepares to join the Nasdaq-100 Index. Summary Morgan Stanley leads fresh Wall Street buy calls with a $300 base-case and $600 bull-case target for SpaceX. JPMorgan estimates Nasdaq-100 inclusion could trigger about $4.3 billion in passive fund buying. SpaceX shares eased before the index debut despite bullish analyst ratings and strong institutional interest. According to research notes released by Morgan Stanley, Goldman Sachs, Citigroup, and other investment banks, analysts expect further gains for SpaceX despite the stock pulling back after its recent rally. The latest recommendations come just before the company enters the Nasdaq-100, an event that JPMorgan estimates could trigger about $4.3 billion in autom
Elon Musk’s SpaceX has secured fresh buy ratings from several major Wall Street banks, with Morgan Stanley assigning a base-case price target of $300 as the stock prepares to join the Nasdaq-100 Index. According to research notes released by Morgan…
The post Canada: Trade surplus widens as investment rises – RBC appeared on BitcoinEthereumNews.com.
Royal Bank of Canada (RBC) economists Abbey Xu and Nathan Janzen note that Canada’s merchandise trade surplus increased to $4.2 billion in May from $3.4 billion in April, as exports grew and imports slipped. They highlight weaker energy price support, falling export volumes, and rising industrial machinery imports as signs of shifting demand and improving business investment within an uncertain trade environment. Surplus grows as volumes soften “Canada’s merchandise trade surplus widened to $4.2 billion in May from $3.4 billion in April (revised upward from $2.7B), as exports rose 0.9% while imports declined 0.2%.” “Still, monthly trade data are heavily influenced by commodity prices and individual product categories, making it important to look beyond headline values when assessing underlying conditions.” “Export volumes excluding price effects fell 0.5% in May, providing a clearer rea
The post Morgan Stanley Initiates SpaceX Coverage With Wall Street-High $300 Price Target appeared on BitcoinEthereumNews.com.
Key highlights: Morgan Stanley initiated coverage of SpaceX (SPCX) with an Overweight rating and a $300 price target The target is among the highest on Wall Street and implies roughly 87%-90% upside from recent trading levels Analysts believe AI infrastructure, Starlink, and orbital computing could become major long-term revenue drivers Morgan Stanley has become one of the most bullish firms on Wall Street regarding SpaceX, launching coverage of the recently public company with an Overweight rating and a $300 price target. The target stands well above the stock’s recent trading price near $160 and is among the highest published forecasts for the aerospace and artificial intelligence company. Morgan Stanley analyst Adam Jonas argues that investors are still underestimating the scale of SpaceX’s long-term opportunities beyond rockets and satellite internet. AI
The post Bank of Canada: Policy seen on hold through 2026 – RBC appeared on BitcoinEthereumNews.com.
Royal Bank of Canada (RBC) economist Claire Fan notes that the Q2 2026 Bank of Canada Business Outlook Survey showed resilient sales and investment expectations despite earlier Oil price shocks. With Canadian growth picking up and core inflation still subdued, Fan argues the Bank of Canada (BoC) has little reason to change course and is likely to keep interest rates unchanged through 2026. Rates expected to stay unchanged “With economic growth picking up in Q2 after Q4-Q1 stagnation, and core inflation pressures remaining subdued in latest May, the case for BoC to move in either direction is weak.” “We continue to expect the central bank will opt to leave interest rates unchanged through 2026.” “The Q2 Bank of Canada Business Outlook Survey was conducted in May amid high oil prices due to conflict in the Middle East.” “Against that backdrop, results reflected the expected rising price e
SpaceX's valuation highlights the dominance of Starlink and future tech over traditional space ventures, reshaping investor expectations.
The post Morgan Stanley values SpaceX’s space segment at just $8 per share in a $135 stock appeared first on Crypto Briefing.
Tesla's unsupervised Robotaxi expansion could accelerate autonomous vehicle adoption, reshaping urban transport and challenging competitors.
The post Tesla expands Robotaxi service to Miami with unsupervised rides as Morgan Stanley eyes 30,000-vehicle fleet by 2030 appeared first on Crypto Briefing.
