Galaxy Digital (GLXY) Shares Pull Back Friday: What's Going On? - Galaxy Digital (NASDAQ:GLXY)

Galaxy Digital (GLXY) Shares Pull Back Friday: What's Going On? - Galaxy Digital (NASDAQ:GLXY)

Shares of digital asset financial services firm Galaxy Digital Inc (NASDAQ:GLXY) are trading lower Friday afternoon, bucking the positive sentiment from a new analyst price target hike. The decline could be linked to profit-taking following a rally earlier in the week. What To Know: On Friday, Rosenblatt analyst Chris Brendler maintained a Buy rating on Galaxy, while raising the firm's price target on the stock to $36 from $25. This move signals…

BYD Announces Digital Key Functionality for Select Galaxy Watch Models

BYD’s been pretty busy lately—just a few weeks after the launch of its compact Dolphin Surf EV, the company recently announced a new smart feature that will allow owners to use their Samsung Galaxy Watch as a digital car key, which will support a handful of models from Samsung. READ: BYD’s Continued Reach Shows that it Can Challenge Big Players The feature works by using NFC hardware, allowing users to place their Galaxy Watch near their BYD car…