Gate Cryptocurrency News and Market Analysis

Seoul Southern District Court ruled on October 2 that Korea Exchange's delisting rules based on market capitalization thresholds are unlawful and invalid, one day after Suseong Webtoon completed its delisting process on October 1. The court determined the rules violate the principle of

Citigroup upgraded Harley-Davidson (NYSE:HOG) Stocks to Buy from Neutral on October 5 (US local time), raising the target price from $31 to $33, according to CNBC. Analyst James Hardiman cited strong US retail sales data as the catalyst, with September retail sales estimated to show double-digit

Barclays upgraded global beauty company Estée Lauder's investment rating from Equal-weight to Overweight on October 5 (US local time) and raised its price target from $97 to $108. The upgrade was based on strong organic sales growth in Q4 FY2026 across all regions including the Americas and

NH Investment & Securities on October 6 maintained a 'buy' rating and 260,000 won target price for CJ CheilJedang, stating that earnings concerns are already reflected in the stock price. Analyst Joo Young-hoon cited the company's divestiture of its F&C business as reducing business structure

Microsoft Copilot AI predicts Chainlink (LINK) could reach $100 by January 1, 2027, representing approximately a 7x increase from the current price of around $14.20. The prediction is contingent on Chainlink becoming the backbone of a major global settlement system such as SWIFT, combined with a

NVIDIA closed at $238.9 on December 5 (local time), marking its second consecutive record high as the company approaches a $6 trillion market capitalization milestone. The stock rallied following the company's November 28 announcement of a record $150 billion share buyback authorization increase

ValueFinder issued a research report on DY&C on the 6th, projecting the automotive parts manufacturer's defense subsidiary will establish itself as a new growth axis alongside rapidly improving core business profitability. The independent research firm highlighted that LIG D&A, a guided weapons

Independent research firm ValueFinder published a report on DYC (310870) on the 6th, forecasting that the automotive parts manufacturer's profitability is rapidly improving while its defense subsidiary is establishing itself as a new growth axis. The report highlighted that LIG D&A, a guided

Meritz Securities issued a report on October 6 forecasting that major Korean brokerage firms' third-quarter net profit will decline sharply from the first half of 2024, while maintaining an overweight rating on the securities sector. Researcher Jo A-hae estimated combined Q3 net profit for five majo

Daesin Securities issued a report on October 6 projecting KOSPI could reach 7500-7700 if the index stabilizes above the 7100 level, following its recovery to 7000 on October 2 after five trading days. The securities firm identified oil price stability as the remaining key variable after Micron's

The USD/KRW exchange rate fell 1.60 won to 1,342.40 won at 6 AM on October 6, compared to the previous Seoul trading session close of 1,344.00 won, despite broader global dollar strength. The decline occurred during thin trading volumes as South Korea's foreign exchange market observed a

KB Asset Management increased its stake in JLK, a medical AI company, to 6.56% from 5.09%, adding 376,819 shares approximately three months after initially becoming a major shareholder in June, according to financial industry sources on the 6th. The asset manager's total holdings rose from 1,309,845

Yuanta Securities downgraded Hyundai Department Store's target price on the 6th from 263,000 won to 120,000 won while maintaining its 'buy' investment rating. The brokerage cited difficulty maintaining double-digit sales growth rates given the elevated revenue base starting from Q4 last year,

Novavax Inc. (NVAX) stock jumped 20% on Monday, recording its best session since January, as rival Vaxcyte's positive pneumonia vaccine trial results and speculation about a plague outbreak in Russia lifted vaccine sector stocks. Vaxcyte announced that its experimental pneumonia vaccine, VAX-31,

Daishin Securities on the 6th lowered its target price for NAVER from 320,000 KRW to 290,000 KRW while maintaining a Buy investment opinion. The downward revision reflects slowing growth in advertising and commerce revenue alongside rising costs from artificial intelligence infrastructure investment

Lucid reported a sharp cut in third-quarter output and a year-over-year drop in deliveries after the quarter ended September 30, with shares staying flat in after-hours trading on Monday. The company built 2,954 vehicles and delivered 3,806, below a Wall Street estimate of 4,687 units according to

Daol Investment & Securities on the 6th lowered Samsung Biologics' target stock price from 2.1 million won to 2 million won. Researcher Lee Ji-soo explained the adjustment reflects earnings estimate revisions and the issuance of 2.27 million new shares following a capital increase. Samsung Biologics