Pinterest could be worth $49 in go private deal, says Wolfe Research
Wolfe Research analyst Deepak Mathivanan keeps a Peer Perform rating on Pinterest after the Wall Street Journal reported that Elliott Management has taken a 9%...
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Gold Set for 5th Weekly Loss
Gold inched higher on Friday, as the dollar rally eased, although the greenback’s remarkable performance overall and fears of aggressive U.S. interest rate hikes weighed...
Hang Seng Falters as Techs Drop
The Hang Seng Index in Hong Kong fell 2% as tech stocks declined, and mainland China markets dropped more than 1% after the country’s GDP...
Is Biden Ready To Ease Sanctions Against Venezuela?
When President Joe Biden won the 2020 U.S. presidential election, a wave of optimism washed over Latin America. Many in the region saw Biden’s rhetoric...
Who Really Controls The World’s Oil Reserves?
Big Oil majors in the United States have found themselves the target of much pressure to boost production lately, as prices go wild amid a...
Analyst recommendations: Adobe, Amgen, Cisco, Dollar General, Microsoft…
Adobe: Bernstein raises price target to $600 from $500, maintains outperform rating. Ameriprise: Wolfe Research downgrades to peerperform from outperform. PT up 13% to...
London shares rise on reassuring comments from Fed officials
The FTSE100 fell 1.4%, with oil being the biggest loser as prices fell back to levels not seen since the invasion of Ukraine. Overnight, sentiment...
Yelp assumed with Neutral from Buy at Goldman Sachs
Goldman Sachs analyst Eric Sheridan downgraded Yelp to Neutral from Buy with a price target of $33, down from $49, after assuming coverage of the...
Friday: Retail Sales, Industrial Production, NY Fed Mfg
Friday:• At 8:30 AM ET, Retail sales for June is scheduled to be released. The consensus is for 0.8% increase in retail sales. • Also,...