QuantumScape (QS) stock surged 12% on April 20, 2026, after closing the week up 11.6%. The company’s Q1 2026 earnings are scheduled for April 22, with Wall Street expecting a net loss of $0.18 per share, slightly better than last year’s $0.21. Options markets anticipate a 14.51% move in either direction following earnings.
PayPal (PYPL) stock faced downward pressure after Mizuho downgraded it from "Outperform" to "Neutral" and lowered its price target from $60 to $50 on April 20, 2026. The downgrade was driven by concerns over Elon Musk’s X Money platform, seen as a threat to PayPal and Venmo’s P2P payments. PayPal also missed Q4 earnings estimates, with EPS at $1.23 versus $1.29 expected.
Tether disclosed an 8.2% stake in Antalpha, holding 1.95 million shares after its 2025 IPO. Antalpha, a mining finance firm linked to Bitmain, reported nearly $80 million in revenue for 2025, a 68% increase from the previous year. Shares traded near $9.30, down over 27% from the IPO price of $12.80.
Toobit launched a $150,000 copy trading campaign from April 17 to May 8, 2026, offering new users a record 15 USDT entry bonus. The campaign emphasizes streak-building rewards for both followers and Lead Traders, marking a shift from previous lucky draw formats. This initiative aims to boost engagement and trading activity during the promotional period.
RaveDAO faces accusations from ZachXBT of knowing about a $23 million token price manipulation scheme involving its $RAVE token. The manipulation caused a 40% price drop from $1 to $0.6 after a large transfer to Bitget deposit addresses. RAVE surged 11,000% in nine days before crashing, raising concerns about market manipulation and transparency.
KeyBanc raised its target for Alphabet (GOOGL) stock to $380 from $370, suggesting about 12% upside. The firm is optimistic about Google Cloud’s growth, forecasting revenue of $91.8 billion in 2026, which is 8% above Wall Street estimates. This positive outlook follows strong Q1 gross revenue of $107.7 billion, highlighting confidence in Alphabet’s cloud segment.
A blockchain investigator has accused RaveDAO of knowing the identity of the individual who manipulated its token’s price. The sleuth pointed to suspicious exchange-linked activity as RAVE’s market cap surged from $60 million to $6 billion and then declined again. The investigation highlights concerns over potential market manipulation within the decentralized autonomous organization.