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UBS has issued a Buy rating for Amazon.com, Inc., a global leader in online product distribution. The company operates a marketplace for individuals and businesses, offering a wide range of products, including electronics, cultural items, and various services. Net sales are primarily generated from services (55.5%) and products (44.5%), with the majority coming from the United States (68.8%).
UBS has increased its price target for Amazon from $230 to $264, maintaining a "Buy" rating. Analyst Stephen Ju highlighted the company's declining office workforce, which suggests improved margins and supports his projections for 2025, with expectations extending to the end of 2026.
GAM Investments has urged SBI Holdings to implement an XRP buyback program to unlock shareholder value, citing a significant gap between the company's market value and its crypto assets, particularly its indirect holdings in Ripple, valued at over JPY 1.6 trillion. The proposal includes increasing transparency through daily XRP valuations and regular updates on net asset value. By adopting this strategy, similar to MicroStrategy's Bitcoin accumulation, GAM believes SBI could enhance its market capitalization, which currently stands at JPY 1.2 trillion.
Amazon.com, Inc. is a global leader in online retail, offering a wide range of products including electronics, cultural items, and various services. The company's revenue is primarily derived from service sales (55.5%) and product sales (44.5%), with the majority of net sales coming from the United States (68.8%). Other significant markets include Germany, the United Kingdom, and Japan.
INTMAX has launched the world's first stateless Layer 2 payment solution on Ethereum, featuring a public testnet that supports global-scale transactions with sub-cent fees and strong privacy. Utilizing advanced zk-Rollup technology, the platform aims to enhance Ethereum's payment infrastructure while addressing challenges in underserved markets. With strategic partnerships across Latin America, Africa, and Japan, INTMAX is positioned to drive cryptocurrency adoption and bridge traditional finance with blockchain technology.
US stocks rose on Monday as investors prepared for the Federal Reserve's final policy decision of the year, with the S&P 500 up 0.3% and the Nasdaq Composite gaining 0.5%. Bitcoin reached a record high above $106,000 amid optimism for a crypto-friendly administration, while MicroStrategy's stock surged over 4%. Market focus is on the Fed's interest-rate decision expected on Wednesday, with a 97% probability of a 25 basis point cut, as well as updates on inflation and retail sales. Meanwhile, Super Micro Computer Inc. shares plummeted 14% after being removed from the Nasdaq 100.
Bitcoin is trading above $103,000, buoyed by strong market sentiment, but faces potential volatility this week due to key economic events, including the Federal Reserve's expected interest rate cut and U.S. economic data releases. Central bank decisions in Japan and the U.K. will also play a crucial role, with any unexpected shifts likely to impact Bitcoin's price. Traders are closely monitoring macroeconomic developments, particularly the psychological $100,000 level, as they assess the market's risk appetite.
SoftBank CEO Masayoshi Son is set to announce a $100 billion investment in US artificial intelligence during a meeting with President-elect Donald Trump. This initiative aims to create 100,000 jobs over four years, focusing on semiconductor manufacturing, data centers, and energy infrastructure. Son's strategy emphasizes the development of artificial superintelligence, with plans to raise funds for an AI chip venture called Izanagi to compete with Nvidia. After a cautious investment period, SoftBank is shifting to a more aggressive approach in the AI sector, with a focus on high-risk opportunities.
US stock futures rose as investors prepared for the Federal Reserve's final policy decision of the year, with the S&P 500 and Dow nudging up 0.1% and Nasdaq 100 futures increasing by 0.3%. Bitcoin reached a record high above $105,000 amid optimism for a crypto-friendly administration. Meanwhile, Super Micro Computer's shares plummeted 14% after being removed from the Nasdaq 100 due to accounting issues.
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