According to @lisaabramowicz1, Wall Street strategists remain bullish into 2026 despite AI-bubble concerns, with Morgan Stanley’s Mike Wilson setting a 12-month S&P 500 target of 7,800 and JPMorgan Private Bank strategists outlining a 7,200–7,400 base case and an 8,200 bull case by year-end 2026, according to @lisaabramowicz1. For trading, these cited S&P 500 levels provide clear macro reference points that risk-on markets can track, and crypto traders can monitor these milestones as sentiment gauges using the levels reported by @lisaabramowicz1.

According to @ReutersBiz, Erste Group raised its targets after a profit beat, sending its shares to a record high, which provides a fresh catalyst for European bank equities trading. Source: Reuters Business. For crypto traders, stronger bank earnings and rising European financials can align with broader risk-on behavior, and research has documented higher correlations between BTC and equities since 2020, warranting cross-asset monitoring alongside European market opens. Source: International Monetary Fund research (2022). Erste Group Bank AG trades under ticker EBS on the Vienna Stock Exchange, offering a liquid proxy for European financial sector sentiment during European hours. Source: Wiener Börse.

According to @business, ANZ said its second-half 2025 cash profit will be impacted by significant items totaling $720 million, per Bloomberg reporting. Bloomberg highlights that the quantified H2 cash-profit impact gives markets a concrete figure to absorb in Asia trading hours. Bloomberg’s market coverage notes that major bank earnings headlines can influence broader risk tone across equities, FX, and digital assets that crypto desks monitor.

According to Stock Talk, Meta reported Q3 2025 EPS of $1.05 versus a $6.67 estimate and revenue of $51.42B versus a $49.41B estimate, source: Stock Talk on X, Oct 29, 2025. The EPS shortfall was attributed to a one-time, non-cash income tax charge of $15.93B linked to the One Big Beautiful Bill Act and a valuation allowance under the U.S. Corporate Alternative Minimum Tax, source: Stock Talk on X, Oct 29, 2025. Management expects a significant reduction in U.S. federal cash tax payments for the remainder of 2025 and future years due to this legislation, source: Stock Talk on X, Oct 29, 2025. Stock Talk did not reference BTC or ETH; crypto market impact was not specified in the cited disclosure, which notes the EPS miss was driven by a non-cash tax item, source: Stock Talk on X, Oct 29, 2025.

According to @CNBC, rare earths made gains in U.S. premarket trading amid the U.S. effort to reduce China’s dominance in the industry, signaling early demand for critical minerals equities; source: CNBC, https://www.cnbc.com/2025/10/20/rare-earths-gain-amid-us-effort-to-beat-chinas-dominance.html, Oct 20, 2025. China accounts for over 80% of global rare earth refining capacity, making supply-chain policy headlines market-moving for miners and magnet producers; source: International Energy Agency (IEA), The Role of Critical Minerals in Clean Energy Transitions, https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions. For crypto traders, IMF research shows crypto and equities have become increasingly correlated, making broader risk sentiment from U.S.-China supply chain headlines a key watch for BTC volatility; source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, https://www.imf.org/en/Blogs/Articles/2022/01/11/crypto-prices-move-more-in-sync-with-stocks-posing-new-risks.

According to @CNBC, European markets are set to open lower as a rocky week continues, signaling a weaker cash open for major indices. According to @CNBC, Volvo met expectations, putting the autos sector in focus at the European open. According to Kaiko Research, BTC’s correlation with major equity indices has turned positive during several past risk episodes, so crypto traders may watch the European cash open for cross-asset risk cues.

According to @business, insurance-related stocks extended a selloff on Thursday after weak earnings from Marsh McLennan, Progressive, and Travelers pressured the sector. According to @business, the results cast a pall over the group and stoked growth concerns that weighed on sentiment. According to Kaiko (Q2 2024 Market Report), BTC has at times maintained a positive rolling correlation with U.S. equities, making equity-driven risk-off episodes relevant for crypto positioning.