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Customized wealth management empowers your assets growth
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Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
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New
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Morgan Stanley Lowers its Price Target on News Corporation (NWS) to $32.40 and Maintains an Overweight Rating
Morgan Stanley has lowered its price target for News Corporation (NWS) to $32.40 from $38 but maintained an Overweight rating, following the company’s strong second-quarter fiscal 2026 results. News Corp reported revenue of $2.36 billion, exceeding estimates, with CEO Robert Thomson highlighting 6% revenue growth and 9% profitability increase year-over-year, driven by Dow Jones and Digital Real Estate Services. Citi also adjusted its price target for NWS, lowering it to $39 from $40, while keeping a Buy rating.