Meta Platforms (META) Remains JPMorgan Top Pick, 'our favorite online ad name'

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Active options: SCHW META GOOG BBBY NIO NFLX COIN MARA RIOT JPM BABA

April 18, 2023 4:01 AM EDT

Active options: SCHW META GOOG BBBY NIO NFLX COIN MARA RIOT JPM BABA

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Active options: SCHW META GOOG BBBY NIO NFLX COIN MARA RIOT JPM BABA

April 17, 2023 2:54 PM EDT

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Meta Platforms (META) downgraded at New Street Research as stock re-rating 'likely over'

April 17, 2023 7:36 AM EDT

New Street Research analyst Dan Salmon downgraded Meta Platforms (NASDAQ: META) stock to Neutral from Buy with a $220 per share price target.

The downgrade is mainly a result of a run-up in META stock as it trades ~84% higher year-to-date (YTD). Hence, Salmon sees better... More

New Street Research Downgrades Meta Platforms Inc. (META) to Neutral, 'Re-rating likely over, we move to the sidelines'

April 17, 2023 4:13 AM EDT

(Updated - April 17, 2023 4:13 AM EDT)

New Street Research analyst Dan Salmon downgraded Meta Platforms Inc. (NASDAQ: META) from Buy to Neutral with a price target of $220.00.

The analyst comments "We are downgrading META to Neutral from Buy, with an... More

Montana Lawmakers Approve Statewide Ban on TikTok - WSJ

April 14, 2023 5:34 PM EDT

Montana Lawmakers Approve Statewide Ban on TikTok - WSJ

First of its kind billShares of Meta (NASDAQ: META), Snap (NYSE: SNAP) seen as beneficiaries.... More

S&P 500 slumps as Fed rate hike fears overshadow earnings-led rally in banks

April 14, 2023 2:45 PM EDT

By Yasin Ebrahim


Investing.com -- The S&P 500 slumped Friday, as a rally in bank stocks on strong quarterly earnings was offset by fresh fears of Federal Reserve rate hikes just as data flagged signs of a weaker consumer.


The S&P 500 fell 0.7%, the Dow Jones Industrial Average added 0.8%, or 261 points, and the Nasdaq fell 0.9%.


Fed Governor Christopher Waller said further rate hikes were still needed to curb inflation, adding that investors shouldnt expect rates to fall any time soon.


The hawkish remarks from Waller pushed the United States 2-Year... More

Active options: META WFC MARA NFLX SQ BABA GOOG GOOGL RIOT

April 14, 2023 9:54 AM EDT

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Piper Sandler estimates generative AI TAM at $100B+, highlights top stocks to own

April 14, 2023 9:16 AM EDT

Piper Sandler analysts led by Brent Bracellin believe the generative AI is the next technology revolution that could have far reaching implications across both consumer and enterprise sectors.

Analysts estimate the market opportunity at more than $100 billion split between AI-enabled search advertising and AI-enabled enterprise application revenue.

Bracellin... More

Piper says Generative AI is the next $100B+ tech revolution; highlights biggest beneficiaries

April 14, 2023 8:44 AM EDT

Piper Sandler analyst Brent Bracelin: "We see Generative AI as the next major revolution in technology that could have far reaching implications across both consumer and enterprise sectors... We estimate generative AI could become the next $100B+ opportunity in technology."

"We are also unveiling the Piper Sandler AI... More