Snap (SNAP) July weekly 15.50 straddle priced for a move of 19% into quarter results
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- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
JPMorgan on Snap (SNAP): 'not giving Q3 guidance which is the focus point of this print', 'directionally negative for the digital ad names'
July 21, 2022 4:25 PM EDTAnalyst Jack Atherton comments "We are initiating coverage on shares of Riverview Acquisition Corp. (RVAC) with a Buy rating and a $15 price target. RVAC is a special purchase acquisition company (SPAC) which recently announced a merger agreement with Westrock Coffee Holdings. Westrock Coffee is a leading integrated coffee, tea,... More

