Cowen’s analyst reveals his top retail stock ahead of earnings
If he was allowed to buy one retail stock right now, Cowen’s Oliver Chen says he’d go for Target Corporation (NYSE: TGT). Target to report Q3 earnings this week Target…
AMD shares have another 40% upside from here: Baird
Advanced Micro Devices Inc (NASDAQ: AMD) is in focus on Monday after a Baird analyst cited a string of positive catalysts as he turned bullish on the stock. AMD shares…
EV stocks are ‘certainties’ that’ll play out in the long run: Jon Maier
Tech stocks have been out of favour this year as the Federal Reserve continued to lift rates. But that doesn’t mean the space is entirely out of opportunities for now,…
FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says | Invezz
FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s…
Amazon to execute its biggest job cut ever
Shares of Amazon.com Inc (NASDAQ: AMZN) are in the red on Monday after a New York Times report said the tech behemoth plans on executing its biggest job cut ever.…
Jim Cramer on Disney stock: ‘I screwed up’
Walt Disney Co (NYSE: DIS) is trading up this morning after the entertainment conglomerate announced a “targeted hiring freeze” and revealed plans of “some job cuts”. What CEO Bob Chapek…
3 stocks to watch as they exited the trillion-dollar club | Invezz
$1 trillion is an insane amount of money for governments, let alone companies. Yet, the last few years saw several public companies breaking the threshold. It all started with Apple,…
Alameda ‘secretly’ traded billions of FTX customer funds: Report | Invezz
Alameda Research, an FTX-affiliated quantitative crypto trading platform co-founded by Sam Bankman-Fried in 2017, allegedly used funds belonging to FTX users to trade, sources say. The crypto news is the…
Goldman Sachs economists forecast a ‘sharp decline’ in inflation next year
Goldman Sachs says U.S. inflation will ease “significantly” next year as three key factors contributing to higher consumer prices continue to disappear. Goldman economists see core PCE back to 2.9%…
Metacade and Polkadot: Two Long Term Projects That May Rise to Prominence in the Crypto Gaming Industry in 2023 | Invezz
The crypto gaming industry is expected to grow tremendously over the coming decade. Blockchain-based gaming has exploded by 2,000% since Q1 2021, according to Coindesk, and now, investors are seeking…