According to Stock Talk (@stocktalkweekly), Cantor Fitzgerald has initiated coverage of Braze ($BRZE) with an Overweight rating and a $45 price target, basing this on a 5.5x EV/revenue multiple for their CY26 revenue estimate. The firm acknowledges ongoing macroeconomic headwinds but notes that the current 4.3x EV/revenue multiple offers a favorable entry point for investors. For cryptocurrency traders, this bullish initiation may signal increased institutional confidence in technology and SaaS sectors, potentially improving sentiment and liquidity across related blockchain and AI-powered tokens (Source: Stock Talk, June 3, 2025).

According to @StockMKTNewz, major stocks including CrowdStrike (CRWD), Snowflake (SNOW), Anheuser Busch (BUD), GE Vernova (GEV), Intuit (INTU), Philip Morris (PM), D-Wave (QBTS), Rubrik (RBRK), Sea Limited (SE), Sun Life (SLF), TD, US Steel (X), and ZScaler (ZS) all reached new 52-week lows today (source: Twitter). Traders should note that several of these companies are closely tied to AI, cybersecurity, and cloud computing sectors, which often influence sentiment and capital flows within the cryptocurrency and blockchain industries. The widespread decline signals potential risk-off sentiment across tech and growth sectors, which historically correlates with short-term volatility in leading digital assets like Bitcoin and Ethereum (source: historical correlation studies). Crypto traders may want to monitor these market movements for signals of broader risk aversion and liquidity shifts.