Litecoin and HBAR ETFs Approved - Crypto Markets Soar as Wall Street Embraces Digital Assets

Wall Street's stamp of approval sends crypto markets into overdrive as regulatory green light triggers massive institutional inflows.

The ETF Revolution Hits Altcoins

Traditional finance giants finally acknowledge what crypto natives knew for years - digital assets represent the future of value transfer. The simultaneous approval of both Litecoin and HBAR exchange-traded funds marks a watershed moment for the entire sector.

Institutional Money Floodgates Open

Mainstream investors now have regulated pathways to access previously niche crypto assets. The institutional validation sends prices skyrocketing as conservative portfolios suddenly discover "digital diversification" - just as retail gets priced out of positions they accumulated during the bear market.

Another day, another financial product for Wall Street to extract fees from while pretending they invented the underlying technology.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

AMD stock has rallied 114% (as of Monday’s closing), as investors are optimistic about the company’s ability to capture the demand for artificial intelligence (AI) chips.

Wall Street expects AMD’s Q3 earnings per share (EPS) to grow by 27.2% to $1.17 and revenue to increase by 28.3% to $8.75 billion.

UBS Analyst Is Upbeat About AMD’s Q3 Results

Notably, Arcuri is confident about AMD’s Q3 FY25 top line, backed by robust server and client CPU businesses, with server strength potentially driving some upside to gross margin. The 5-star analyst expects data center GPU (graphics processing unit) revenue of about $1.7 billion.

For Q4 FY25, Arcuri continues to expect revenue of about $9.3 billion (about $200 million higher than the Street’s expectation). That said, he sees the possibility of AMD guiding as high as $9.5 billion, driven by renewed server upgrade activity and “some spillover from AI into traditional compute infrastructure as the industry embarks on new strategies to prepare for more AI processing in the data processing market.”

Furthermore, Arcuri expects AMD’s client business to be “flat to up,” better than normal seasonal levels. He expects Q4 FY25 data center GPU revenue of about $2.4 billion, which reflects a $700 million increase from Q3 FY25 due to the ramp of MI355x at customers, including Meta Platforms (META) and Oracle’s (ORCL) OCI (Oracle Cloud Infrastructure). Arcuri noted that AMD typically guides Q1 FY26 revenue down slightly due to normal seasonality. He expects this trend to continue this year based on his checks on MI355x, which generally suggest that many customers are waiting for MI455 racks next year. Arcuri also expects management to issue a very bullish multi-year outlook for its data center GPU business.

Is AMD Stock a Buy or Sell Now?

Currently, Wall Street has a Moderate Buy consensus rating on Advanced Micro Devices stock based on 29 Buys and 10 Holds. The average AMD stock price target of $249.92 indicates a possible downside of 3.8% from current levels.