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Gap, Apple, Tesla, Netflix, Citi, CVS, Ulta

The following are Friday’s top Wall Street calls: Jefferies Upgrades Ulta To Buy From Hold Jefferies indicated that the company is now more positive on Ulta shares. “We are reframing our thesis, upgrading to Buy with an ‘all clear’ signal re: make-up recovery, favorable channel shift, share gains, leverage on tighter costs & inventory, embedding […]

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Thursday top Wall Street calls: Tesla, Lululemon, Apple, Amazon

The following are Thursday’s top Wall Street calls: Morgan Stanley reiterates Apple’s overweight status. Wednesday evening, Morgan Stanley wrote that the reports about iPhone 14 delays were exaggerated. According to our supply chain checks, delays don’t occur. Looking at previous flagship iPhone launches, we see that there is minimal impact on FY shipments and stock […]

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Andreessen Horowitz raises $4.5 billion crypto fund in down market

Chris Dixon, general partner at Andreessen Hoowitz, talks about cryptocurrency in the TechCrunch disrupt forum, San Francisco, October 2, 2019. Kate Munsch | Reuters Andreessen Horowitz will invest millions of dollars in crypto startups while the digital asset markets are stuck in a rut. Silicon Valley’s Andreessen announced Wednesday that a new $4.5B fund was […]

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These stocks are down more than 25% this year, but insiders are buying more

Although the stock market is not able to reverse its slide recently, corporate insiders seem to be becoming more active and this could indicate that outside investors are making good decisions. Professional investors often use insider stock purchases to assess a company. The idea is that insiders may be buying more stock than the general […]

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Apple, Roblox, DoorDash, Netflix, Disney

Listed here are Tuesday’s greatest calls on Wall Road: Atlantic Equities downgrades Roblox to impartial from obese Atlantic Equities downgraded the inventory because of “weakening app obtain tendencies.” “We consider Roblox is taking the precise strategy to extend give attention to monetisation and YoY bookings tendencies ought to enhance going ahead as comps get simpler. […]

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EBay enters NFT business, with assist from hockey icon Wayne Gretzky

eBay’s headquarters is located in San Jose (California). Getty Images EBay is getting into NFTs — with an assist from hockey legend Wayne Gretzky. Monday’s announcement by the company was that 13 limited-edition digital collectibles will be launched in partnership with OneOf Web3 platform. Each of these includes a 3-D animation of Gretzky performing one […]

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Crypto exchange FTX U.S. gets into stock trading

Sam Bankman Fried (CEO of FTX Derivatives) testified during the House Agriculture Committee hearing titled Changing Market Roles. The event was held at Longworth Building on Thursday 12 May 2022. Tom Williams, CQ-Roll Call, Inc.| CQ-Roll Call, Inc. | Getty Images U.S.-based affiliate of cryptocurrency exchange FTX stated Thursday it would launch zero commission stock […]

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Robinhood to let users hold their own crypto and NFTs as start-up reaches for growth beyond stock trading

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters RobinhoodI am handing keys over to customers’ crypto.  Robinhood, a trading and investment company, announced Tuesday that it […]

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Coinbase (COIN) to slow hiring amid plunge in crypto and tech stocks

Coinbase saw a 27% drop in revenue in its first quarter due to lower usage. Getty Images | Getty Images CoinbaseThe latest warning from a tech company is that of an upcoming slowdown in the hiring process. Tuesday’s announcement by the cryptocurrency exchange to staff was a reverse of earlier plans to triple its workforce […]