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Wall Street Rushes to Raise Amazon Targets After 15% Post-Earnings Stock Surge
- Amazon stock jumped 15.32% on Friday and closed at $271.58.
- Benchmark now sees $400, the highest Amazon price target on Wall Street.
- Amazon burned $7.6 billion of cash over the past year as spending climbed.
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The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans
- Micropayments died since the 1990s on cognition, not technology.
- x402 removes the human, not the friction, from the decision.
- Average x402 payment is 32 cents, not a fraction of a cent.
Apple Stock Slips After Earnings: Can $280 Hold the Line for a New All-Time High?
- Apple stock points to a 7% drop despite beating Q3 revenue and EPS estimates.
- Guidance of 9%–11% growth and rising memory costs spooked investors.
- Support sits at $280, with the $344.57 all-time high still in reach.
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3 Fed Officials Just Explained Their Rate Hike Vote: Is Inflation Winning?
- Three Fed officials explained on Friday why they voted for higher rates.
- Lorie Logan says inflation is stuck near 2.5%, not the 2% target.
- All three want the same thing, but for very different reasons.
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3 US Stocks To Watch In August 2026 After Big Earnings Week
- Microsoft gapped up 15% after earnings, but weak volume leaves the rally unproven
- Amazon draws the strongest analyst support, with every major firm lifting price targets
- Meta is the bear case as free cash flow collapses and price targets fall
Tom Lee vs Jordi Visser on the AI Trade: Both End Up at Ethereum
- Tom Lee says AI's next leg runs through crypto payment rails, not chips.
- Jordi Visser argues the opposite, that AI's easy money is already gone.
- Lee chairs BitMine, the largest corporate ether holder at 5.79 million ETH.
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
Did You Get an IRS Crypto Compliance Letter? It Probably Isn’t Real
- Scammers are mailing fake IRS letters directing crypto holders to a bogus compliance portal.
- The letters carry QR codes leading to a fake IRS website.
- Chainalysis says impersonation scams surged 1,400% as crypto fraud hit $17 billion.
