S&P 500 struggles for direction as regional banks rebound, but health care weighs
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- Wall Street sinks as Nasdaq falls over 2% on AI cost worries
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Oil hits five-month high as Houthi attacks stoke supply fears
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
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
Apple (AAPL) 'playing chess, while others play checkers,' says Wedbush analyst Ives
June 7, 2023 7:53 AM EDTThe Apple (NASDAQ: AAPL) price target was raised to $220 from $205 at Wedbush on Wednesday, with analyst Daniel Ives maintaining an Outperform rating on the stock.
Ives told investors in a note that Apple holds a "massive position of strength" heading into the... More



