U.S. stocks head lower as investors weigh chances of Fed rate hike
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Coinbase Global Inc. (COIN) called 'uninvestable' at Berenberg, Slashes Price Target
June 8, 2023 6:22 AM EDTBerenberg analyst Mark palmer lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $39.00 (from $55.00) while maintaining a Hold rating.
The analyst comments "We had expected COIN to report weak Q223 trading volumes even before the SEC filed a lawsuit against it on Tuesday, and we believe the overhang from the... More
Goldman Remains Negative on Coinbase (COIN), Remains Sell Rated, 'reinforces the high degree of regulatory uncertainty in the crypto ecosystem'
June 6, 2023 10:47 AM EDTGoldman Sachs analyst Will Nance reiterated a Sell rating and $45.00 price target on Coinbase Global Inc. (NASDAQ: COIN).
The analyst comments "Today's news appears largely consistent with prior headlines, including the wells notice COIN received from the SEC on March 22, 2023. However, given the multiple... More
