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Summary: ⚈ Coinbase stock jumped 9.34% after news of S&P 500 inclusion ⚈ Wall Street average 12-month price target now stands at $255.10 ⚈ Several analysts raised targets following crypto rally and trade deal news Coinbase (NASDAQ: COIN) flew high in the night between May 12 and May 13, 2025, as the world’s biggest publicly-traded cryptocurrency exchange is set to join the S&P 500. COIN shares’ extended session rally, which amounts to 9.34% by press time on Tuesday and has taken equity from its latest closing price of $207.22 to $226.57, is even threatening to invalidate the already-bullish Wall Street 12-month COIN forecasts. COIN stock one-day price chart with May 13 pre-market. Source: Google The analysts represented on the stock Analysis platform TipRanks see Coinbase as a moderate ‘buy’ on average , with 11 positive recommendations, 12 neutral experts, and no ‘sell’ ratings. The cautiously positive outlook is also evident in the price targe...

The first few months of the year have been concerning for the US stock market. There has been no shortage of macroeconomic struggles and geopolitical concerns that have hindered major gains to be had. However, that has changed in a big way this week. Subsequently, a host of Magnificent 7 stocks are surging on Wednesday. Apple (AAPL), Tesla (TSLA), Amazon (AMZN), and more are in the green in a major turnaround for Wall Street. Indeed, the Dow Jones Industrial Index has jumped more than 400 points at the midpoint of the day. So, just why are these shares bouncing back in such a big way? Source: MarketBeat Also Read: US Stock Market Could Plunge 50% After Tariffs Resume US Stock Market Bounces Back as Magnificent 7 Lead The Way This week was always going to be important for the United States’ mega-cap stocks. Tesla (TSLA) was set to unveil its Q1 earnings, with companies like Alphabet (GOOGL) following closely behind. Although the former unveiled less-than-stellar data, the market ha...

In what is a major geopolitical development, both the US and India have finalized terms of reference within their talk of a new trade deal. Indeed, an Indian official went as far as to say that the “win-win” bilateral agreement could come to fruition over the next 90 days, according to a Reuters report. The two sides have been discussing new terms for a renegotiated trade deal since US President Trump announced his Liberation Day tariff plan. India remained one of the nations that resisted a retaliatory response to the import duty increase. Now, they have noted significant progress on a new trade deal with the United States. JUST IN: India agrees to negotiate new trade deal with the United States. pic.twitter.com/79qPj0Ue6C — Watcher.Guru (@WatcherGuru) April 11, 2025 Also Read: On ‘Liberation Day’, India To Drop Tariffs on US Goods US and India Establish Terms of Reference for First Part of New Trade Deal Earlier this month, Donald Trump announced a sweeping 10% baseline t...