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Kraken expands beyond crypto with commission-free trading launch

(Reuters) -Kraken, one of the world's largest cryptocurrency exchanges, began a phased national rollout of commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds on Monday, marking its latest move to expand across asset classes. Crypto firms such as Kraken are looking to expand their businesses to traditional financial spaces on the back of U.S. President Donald Trump's promise of a more industry-friendly regulation. Kraken users will be able to trade stocks and ETFs in some U.S. states, including New Jersey, Connecticut, Wyoming and Oklahoma, starting Monday.

3 of Wall Street’s Favorite Stocks in Hot Water

Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.

1 Small-Cap Stock That Stand Out and 2 to Ignore

Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.

3 Industrials Stocks Walking a Fine Line

Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 15.4% over the past six months. This performance was worse than the S&P 500’s 7.1% loss.

1 Industrials Stock on Our Buy List and 2 to Approach with Caution

Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 15.4% over the past six months. This performance was worse than the S&P 500’s 7.1% fall.