Bitcoin extends gain, now up 10%; Gold and Silver also gain
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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
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Coinbase (COIN) Climbs 10%
March 14, 2023 9:39 AM EDTCoinbase (NASDAQ: COIN) Climbs 10%
Other crypto stocks are also higher after Bitcoin topped $26,000Marathon Digital Holdings (NASDAQ: MARA) +12%Microstrategy, Inc. (NASDAQ: MSTR) +8%Riot Platforms (NASDAQ: RIOT) +9%... More
Coinbase (COIN) PT cut as uncertainty will 'linger in USDC and the industry,' says Oppenheimer
March 13, 2023 11:08 AM EDTCoinbase's (NASDAQ: COIN) price target was cut from $84 to $70 at Oppenheimer on Monday, although analyst Owen Lau maintained a Buy rating on the stock.
However, the analyst acknowledged that the demise of SIVB, SI, and SBNY Is jeopardizing blockchain development in the US.
"The spectacular fallout of SIVB, the voluntary liquidation of SI, and the abrupt shutdown of SBNY have... More
