Exxon Mobil, Pfizer, McDonald's earnings: 3 things to watch
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Alphabet (GOOGL) a more defensive stock in 2023 - BofA
January 31, 2023 1:19 PM ESTAhead of Alphabet's (NASDAQ: GOOGL) earnings release on Thursday, February 2, BofA analyst Justin Post raised the firm's price target on the stock to $119 from $116, maintaining a Buy rating.
Post told investors in a research note that the firm is updating estimates for FX and the tech giant's recent cost-cutting.
"We are at revenue/GAAP EPS of $63.6bn/$1.20 vs... More
