Tom Lee

Wall Street strategist Tom Lee suggests Bitcoin (CRYPTO: BTC) could retreat significantly from recent highs, potentially testing support levels at $70,000 or even the $50,000 range, while maintaining a long-term bullish stance targeting $250,000. What Happened: Speaking on CNBC’s ‘...

U.S. stock futures were trading higher on Tuesday following Monday’s selloff. All four index futures rose in trade. The Santa Rally, a typical year-end market surge, has seemingly failed to materialize this year, with stocks experiencing a downturn. However, the S&P 500 index is on its...

The Santa Claus Rally, a typical year-end market surge, has seemingly failed to materialize this year, with stocks experiencing a recent downturn. However, this analyst expects the S&P 500 index to hit 7,000 points in the first half of 2025. What Happened: According to Fundstrat Insights, Tom...

Fundstrat‘s head of research Tom Lee reiterates his forecast that Bitcoin (CRYPTO: BTC) could surge beyond $250,000 within the next 12 months, citing cryptocurrency halving cycles and potential government adoption as key drivers. What Happened: Lee points to Bitcoin’s recent halving...

U.S. stock futures declined on Friday, ahead of the “Triple Witching” hour, which is expected to see the expiry of about $6.6 trillion options, for the quarter. This comes after the market fell on Wednesday after the Federal Reserve’s hawkish cut and ended mixed on Thursday. In...

U.S. stock markets could benefit from fewer interest rate cuts in 2025 despite recent volatility, according to Fundstrat‘s head of research Tom Lee, who sees the Federal Reserve’s hawkish stance as potentially beneficial for investors. What Happened: “The fewer cuts [the Fed does...

IT consultant Nima Momeni was found guilty of second-degree murder on Tuesday for the 2023 killing of technology founder Tom Lee. What Happened: A San Francisco jury found Momeni guilty of second-degree murder for the fatal stabbing of the Cash App founder in April 2023, according to NBC News. The...

Prominent financial market commentator Tom Lee doubled down on his $250,000 price target for Bitcoin (CRYPTO: BTC) in 2025 on Wednesday, thanks to a friendlier White House. What happened: Lee, managing partner and head of research at Fundstrat Global Advisors, stated in a CNBC interview that the...

U.S. stocks could open in the red on Friday as investors exercise caution and take a break after pushing the Dow past 45,000 for the first time. Futures of all three major indices were marginally down on Friday, pointing to cautious sentiment on Wall Street. Investors remain tentative on equities...

Bitcoin’s (CRYPTO: BTC) surge beyond the $100,000 mark could be a harbinger of a bullish stock market, influential financial analyst Tom Lee said on Thursday. What Happened: Lee, managing partner and head of research at Fundstrat Global Advisors, said in a CNBC interview, “I think...

On Monday, Tom Lee, Chief Investment Officer at Fundstrat Capital, predicted that the S&P 500 tracked by SPDR S&P 500 (NYSE:SPY) will rally to 6,300 by year-end, citing favorable market conditions and historical patterns that point to continued strength in December. What Happened: Speaking...

Tom Lee, a well-known financial analyst, has predicted that Bitcoin‘s (CRYPTO: BTC) price could soar to $250,000 within the next year, driven by potential legitimization in the U.S. and increased adoption. What Happened: Fundstat’s Lee expressed his optimistic Bitcoin price prediction...

Tom Lee, head of research at Fundstrat Global Advisors on Tuesday optimism about the markets despite recent uncertainties, emphasizing that “the Trump trade is still intact.” What Happened: Speaking on CNBC, Lee highlighted several factors that could drive a more bullish outlook in the...

U.S. stocks could open on a negative note on Tuesday after the averages maintained a cautious stance last week. Futures of all three major indices were slightly down on Tuesday, pointing to a cautious sentiment on Wall Street. Economic data and Federal Reserve chair Jerome Powell's comments about...

U.S. stocks could open on a negative note on Tuesday after the averages scaled record highs last week. Futures of all three major indices were slightly down on Tuesday, pointing to a cautious sentiment on Wall Street. The three major indices surged over 4% last week after the GOP sweep and the...