Markets were somewhat mixed going into the weekend. The Nasdaq was pushing higher by nearly 1% while the Dow Jones industrial average was lagging by just as much. The S&P 500 was more or less on the sideline, holding even for the day. All this comes after the broad markets’ single biggest daily gain since 2020. All three major averages […]
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This report was sent to Briefing.com subscribers earlier today. Upgrades: > AAC Technologies (AACAY) upgraded to Buy from Neutral at Nomura > Heartland Express (HTLD) upgraded to Buy from Neutral at UBS; tgt raised to $18 > Mazda Motor (MZDAY) upgraded to Buy from Neutral at Nomura > Schneider National (SNDR) upgraded to Buy from Neutral at UBS; tgt lowered […]
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This report was sent to Briefing.com subscribers earlier today. Upgrades: > Coherent (COHR) upgraded to Buy from Neutral at BofA Securities; tgt lowered to $45 > Home Point Capital (HMPT) upgraded to Outperform from Neutral at Wedbush; tgt lowered to $1.50 > Light & Wonder (LNW) upgraded to Outperform from Neutral at Macquarie; tgt lowered to $65 Downgrades: > DCP […]
Read morevideo Charles Payne to investors: This is how you become the next Warren Buffett FOX Business host Charles Payne provides insight on investing in the stock market on ‘Making Money with Charles Payne.’ Here are the key events taking place on Fridday that could impact trading. INFLATION EASES: The Dow Jones Industrial Average posted its best day since April 2020. […]
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Galaxy Digital joined forces with the largest asset management firm in Latin America to launch a Bitcoin ETF in Brazil. The move comes as a part of Galaxy’s plan to create a complete suite of physically backed crypto ETFs in Brazil. Crypto-friendly Brazil Welcomes Another Crypto ETF Blockchain financial firm Galaxy Digital partnered with Itaú Asset Management, the biggest asset […]
Read morevideo Biden on investigating Elon Musk’s Twitter acquisition President Biden reacts to Elon Musk’s Twitter acquisition. The Federal Trade Commission fired a warning shot at Twitter on Thursday, signaling the agency is poised to crack down on the platform over privacy concerns as chaos continues at the social media giant amid rapid-fire changes implemented by new owner Elon Musk. Twitter […]
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The three major U.S. equity indexes closed lower Wednesday. The Dow Jones industrials ended the day down 1.95%, the S&P 500 closed 2.08% lower, and the Nasdaq was off 2.48%. All 11 sectors closed lower, with energy (4.88%) and consumer cyclicals (3.12%) posting the biggest losses. Utilities (0.84%) closed with the smallest loss. The monthly report on the consumer price […]
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Mark Zuckerberg sent a letter to staff saying Meta is letting go 13% of its workforce, which amounts to roughly 11,000 employees. The move comes less than a month after Facebook owner issued a weak Q4 guidance, weighing on the company’s stock. Meta Shares Up Over 4% on Layoffs Announcement Meta Platforms is planning to lay off 13%, or 11,000 […]
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Crypto miner Argo Blockhain published an operational update for October 2022 on Tuesday. Among other things, the company reported it repaid the $6.7 million debt it owed Michael Novogratz’s crypto investment firm Galaxy Digital. Argo Blockchain Settles $6.7M Debt to Galaxy Digital Global crypto mining firm Argo Blockchain said it repaid its $6.7 million debt to Galaxy Digital, the company […]
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