Morgan Stanley’s Michael Wilson said the S&P 500’s fair value is 4,000, which would mean a 10% drop from the recent level. Morgan Stanley equity strategists, led by Michael Wilson, issued a bearish call on Read more…
It’s that time of the year when we count on your early feedback to help us prepare for the next major PyCharm release. The Early Acces Program (EAP) is designed to give our users and Read more…
The U.S. Food & Drug Administration has given its full and final approval for the use of Moderna’s ‘Spikevax’ Covid vaccine, the drugmaker said Monday. Moderna (MRNA) – Get Moderna, Inc. Report shares moved higher Monday Read more…
Rogan apologized to Spotify and listeners offended by his podcasts in an Instagram post Sunday as pressure builds to deplatform the podcast star. Joe Rogan, comedian and America’s most-listened to podcaster, apologized to Spotify (SPOT) Read more…
Crypto exchange FTX has raised $400 million, pushing its valuation to $32 billion, a sum that will revive questions about a crypto bubble. The news will no doubt revive questions about the formation of a Read more…
Ark Innovation’s return soared 157% in 2020 but slid 23% last year and has dropped another 27% this year. Cathie Wood of Ark Investment Management says the drop of Ark funds’ speculative technology stocks is Read more…
Tesla checks all the boxes: growth, industry disruption, environmental approach, and market undervaluation, Credit Suisse says. Tesla checks all the boxes: growth, industry disruption, environmental approach, and market undervaluation, Credit Suisse said on Monday, upgrading Read more…
Markets Spanish January inflation numbers and German (regional) data soon sent the same message: European inflation won’t fall back as much as thought at the start of the year. The Spanish setback, related to a Read more…
Netflix shares were on a bit of a comeback Monday following an upgrade to ‘buy’ from analysts at Citigroup and a $20 million purchase from co-CEO Reed Hastings. Updated at 10:26 am EST Netflix (NFLX) Read more…
Daily Pivots: (S1) 115.01; (P) 115.35; (R1) 115.58; More… Intraday bias in USD/JPY is turned neutral with current retreat. But further rise is expected as long as 114.46 minor support holds. Above 115.68 will target Read more…