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- | Afp | Getty ImagesPresident-elect Donald Trump's pick to run NASA, Jared Isaacman, is a 41-year-old space enthusiast, who just months ago commanded the world's first all-civilian mission to reach orbit. "It's the biggest step toward crypto payments becoming mainstream that the industry has ever had," Wilson said. The crypto market, which was already red hot, has been on a more dramatic upswing since Trump's election win in November, which came alongside congressional victories for pro-crypto candidates. Blockchain-based payments company Ripple just launched its own stablecoin, RLUSD, and crypto custodian BitGo plans to follow. "Crypto started off as really focused on trading, and it's now made a big shift toward utility, specifically payments," said Armstrong.
Persons: Jared Isaacman, mission's, Donald Trump's, Isaacman, Trump, Jared, Alex Wilson, Pat Duffy, Bitcoin, outsized, Elon Musk, Wilson, Duffy, they're, Weeks, Shift4, Alex Wilson Duffy, Nilson, Emily Sands, stablecoins, It's, fintech Revolut, PYUSD, Tether's, Sheffield, Raj Dhamodharan, Ari Redbord, Redbord, Brian Armstrong, Crypto, it's, Armstrong, Musk, Issacman Organizations: Polaris, Polaris Program, Afp, Getty, NASA, New York Stock Exchange, ., Crypto, CNBC, Bridge Network, Visa, Mastercard, American Express, fintech, PayPal, U.S, Network, MTN, UST, Street, Department of Justice, TRM Labs, Capitol Hill, Vectron Systems, Card Industry Professionals, Island Ventures, Chartered, SpaceX, Senate, Bellagio Locations: Tortugas , Florida, Isaacman's, York, Central Park, U.S, Cuy Sheffield, Washington, America, Africa, Nigeria, Las Vegas, Italian
Analysts have become more bullish on six stocks from around the world this week, raising their price targets. The price target changes come ahead of the next earnings season covering the first quarter of this year. CNBC Pro screened for global stocks that have received price target upgrades from five or more analysts in the past seven days and have a potential upside of over 25%. MacroGenics Investment banks raised their price target for the biopharmaceutical firm MacroGenics this week, giving the stock upside potential of 83% over the next 12 months. Tuerkcan — one of the most cautious analysts on the stock — has a price target of $22, pointing to upside of 22% for the stock.
Persons: MacroGenics —, Silvan Tuerkcan, Peter Heckmann, DA Davidson, Jared Issacman's, Dan Dolev Organizations: Formula One, Hyundai Motor, CNBC Pro, Leerlink Partners, FactSet, Investment, DA, Visa, MasterCard, U.S, Mizuho Securities, Mar Locations: Korean, Rockville , Maryland, MacroGenics, York
Virgin Galactic launched its first space tourism flight for paying customers on August 10. It marks a new era in space tourism for the company, with monthly flights expected to follow. Seats on a Virgin Galactic flight cost $450,000 each. This week, Virgin Galactic's first space tourism flight successfully launched from New Mexico, taking three passengers who weren't traditional astronauts, to the edge of space and back. Virgin Galactic, Richard Branson's commercial space venture, was established in 2004 and completed its first commercial spaceflight in June.
Persons: Virgin Galactic's, Keisha Schahaff, Anastatia, Jon Goodwin, Richard Branson's, Goodwin, Jeff Bezos, Shepard, There's, Jared Issacman Organizations: Virgin Galactic, Virgin, Caribbean, Galactic, Italian Air Force, National Research Council, Origin, Amazon, SpaceX, Elon Musk's, SpaceX's, Space, International Locations: New Mexico
Virgin Galactic is set to launch its first space tourism flight on August 10. It marks a new era in space tourism for the company, which will have have monthly flights. Seats on a Virgin Galactic flight cost $450,000 each. This week, Virgin Galactic's first space tourism flight is set to take off from New Mexico — and three of the passengers on board aren't traditional astronauts. Virgin Galactic, Richard Branson's commercial space venture, was established in 2004 and completed its first commercial spaceflight in June.
Persons: Virgin Galactic's, Keisha Schahaff, Anastatia, Jon Goodwin, Richard Branson's, Goodwin, Jeff Bezos, Shepard, There's, Jared Issacman Organizations: Virgin Galactic, Virgin, New Mexico —, Caribbean, Galactic, Italian Air Force, National Research Council, Origin, Amazon, SpaceX, Elon Musk's, SpaceX's, Space, International Locations: New Mexico
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