Circle stock price analysis: can CRCL crash to $100?
Circle stock price has crashed and erased about 50% of its value in the past few weeks as the momentum waned and valuation concerns remained. CRCL plunged to a low…
Stock
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US stocks unchanged as retail sales data signals resilient consumer
The US markets opened largely unchanged on Friday, buoyed by retail sales data that pointed to continued consumer strength as the market digested hotter-than-expected wholesale inflation, as Wall Street prepared…
Cisco shares drop over 2% after HSBC downgrade to Hold
Cisco Systems’ shares fell more than 2% on Friday after HSBC downgraded the networking equipment maker from “buy” to “hold”, citing concerns that the company’s recent restocking boost is losing…
Buffett’s $1.6 bn bet lifts UnitedHealth to 16-yr high, but analysts urge caution before buying
UnitedHealth Group shares surged more than 11% in Friday trading, on track for their strongest single-day performance since 2009, after a regulatory filing revealed Warren Buffett’s Berkshire Hathaway had quietly…
Morgan Stanley turns more optimistic on Apple as iPhone outlook improves
Morgan Stanley has expressed renewed optimism about Apple Inc., citing stronger-than-expected iPhone demand in China and the potential for upward estimate revisions. Analyst Erik Woodring wrote in a Thursday note…
Opendoor shares jump as CEO Carrie Wheeler resigns amid investor pressure
Opendoor Technologies shares jumped about 16% on Friday following the announcement that CEO Carrie Wheeler will step down from the online real estate company.Wheeler, who took over in 2022, said…
Watches of Switzerland share price crashes to key support: buy the dip?
The Watches of Switzerland share price has plummeted to a crucial support level as the industry experiences a major slowdown. WOSG was trading at 325p on Friday, August 15, its…
Adyen share price crashed after earnings: buy the dip?
The Adyen share price crashed on Thursday, reaching its lowest point since April 7 after the company published its financial results and lowered its forward guidance. It plunged to a…
Inside Robinhood’s ‘apocalypse’ team: Vlad Tenev reveals his elite 150
Imagine a world in chaos, a disaster so profound that society—and your multi-billion dollar company—has crumbled. Who would you choose to help you rebuild from the ashes? For Robinhood CEO…
Europe markets open: FTSE 100 hits new record, up 0.4%, despite London’s job crisis
European markets pushed higher again on Friday, with London’s FTSE 100 smashing another record high at the open, yet the celebratory mood on the trading floor masks a deeply troubling…