On CNBC’s “Halftime Report Final Trades,” Joseph Terranova, senior managing director at Virtus Investment Partners, named Insulet Corporation (NASDAQ:PODD), a maker of wearable devices for insulin management, as his final trade. Lending support to his choice, Stifel analyst Jonathan Block, on Oct. 21, reinstated Insulet with a Buy and announced a $370 price target. Joshua […]
U.S. Stocks Face Two Short-Term Threats Amid Fed’s Cautious Approach, Warn Analysts
In a recent note, analysts at Morgan Stanley have highlighted two significant risks that could potentially impact the U.S. stock market in the near future. Analysts Flag Fed Caution, Tariff Risks The analysts pointed out that the Federal Reserve’s cautious approach to potential interest rate cuts and signs of strain in overnight funding markets are the primary risks facing […]
Coinbase CEO: Calls Payments The ‘Next Big Use Case’ For Crypto — Sees Potential for Stablecoins in This Space
Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), expects payments to become the next significant use case for the cryptocurrency industry Coinbase A Key Player In Payments Market, Says Armstrong During Coinbase’s third-quarter earnings call, Armstrong was asked about the future of stablecoins and Coinbase’s role in the cross-border payments landscape. “I mean, payments are just […]
Meet The New Chip Maker Aiming To Outrun TSMC And ASML
Silicon Valley heavyweights, including Peter Thiel’s Founders Fund, General Catalyst, and Valor Equity Partners, have poured over $100 million into San Francisco chip startup Substrate. Their investment in the secretive U.S. startup founded in 2022 marks their ambitions to disrupt Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) and ASML Holding NV (NASDAQ:ASML) in advanced chipmaking. Founded by […]
Verizon Expands Fiber Reach With Eaton Deal, Eyes Growth Under New CEO Dan Schulman
Verizon Communications Inc. ((NYSE, NASDAQ:VZ) has entered into a new commercial fiber agreement with Eaton Fiber LLC, an affiliate of Tillman Global Holdings, to accelerate Verizon’s broadband and mobility convergence strategy and strengthen its position in premium connectivity services. The partnership will extend Verizon’s high-capacity broadband coverage beyond its existing service areas and those of […]
Why Intel Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket
Shares of Intel Corporation (NASDAQ:INTC) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results. Intel reported third-quarter revenue of $13.65 billion, beating analyst estimates of $13.14 billion. The chipmaker reported third-quarter adjusted earnings of 23 cents per share, beating estimates of one cent per share, according to Benzinga Pro. Intel shares […]
Jim Cramer Calls Crypto ‘Due for a Push’, But Bitcoin’s Price Means There’s a Catch
CNBC host Jim Cramer said on Tuesday that cryptocurrency markets are “due for a push,” but cautioned investors to reduce exposure, comparing the current environment to the dot-com bubble of 2000. Cramer Sees Short-Term Lift but Warns of Speculative Excess In a post on X, Cramer wrote, “Crypto due for a push today. We are in […]
Alibaba Leads Goldman’s Top Chinese Picks For Global Growth
Goldman Sachs urged investors to focus on Chinese companies expanding overseas, citing a weaker yuan, cost advantages, and China’s strength in global supply chains as growth catalysts. In a report led by analysts Si Fu and Kinger Lau, Goldman identified 25 top picks, including Alibaba Group Holding Ltd (NYSE:BABA), Contemporary Amperex Technology Co Ltd (CATL), […]
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Tesla Bull Urges Investors To Do Their Own Research: ‘…CEOs Are Paid To Be Optimistic…’
December 30, 2024
The Future Fund LLC Managing Partner Gary Black on Sunday urged investors to do their own research instead of relying on comments from company management before making investment decisions. What Happened: The Achilles heel of many smart investors is they accept what company managements tell them rather than do their own independent research. Black said […]
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