BlackRock (BLK) an "attractive way to play surge of fixed income inflows' - Keefe, Bruyette & Woods

Go back to BlackRock (BLK) an "attractive way to play surge of fixed income inflows' - Keefe, Bruyette & Woods

Coinbase quarterly trading volumes seen falling 56%, Oppenheimer analysts say

July 10, 2023 10:21 AM EDT

Investing.com -- Coinbase's (NASDAQ: COIN) second-quarter earnings and future guidance may be disappointing due to stagnating trading activity at the cryptocurrency exchange platform, analysts at Oppenheimer have predicted.


Coinbase relies heavily on trading volumes to generate fees that help account for much of its revenue. However, in a note to... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Q2 earnings season is here

July 10, 2023 8:58 AM EDT

The S&P 500 (SPX) fell 1.2% last week as analysts continue to warn that the stocks are due to a pullback. For the first time in 4 months, the S&P 500 lost at least 0.25% on two consecutive days.

Similarly, the tech-heavy Nasdaq Composite Index (IXIC) dropped 0.9% as Apple (NASDAQ: AAPL) lost 1.7%. Dow Jones Industrial Average (DJI) fell as much as 2% as bulls continue to struggle at the 34600 resistance.

We continue to see evidence of waning momentum out of secular growth names (FANG+, Semis, etc) and are sticking with our call to fade... More

BlackRock (BLK) PT Raised to $781 at Jefferies

July 10, 2023 7:31 AM EDT

Jefferies analyst Daniel Fannon raised the price target on BlackRock (NYSE: BLK) to $781.00 (from $741.00) while maintaining a Buy rating.... More

Keefe, Bruyette & Woods Upgrades BlackRock (BLK) to Outperform; 'A High Rate Beneficiary'

July 10, 2023 6:07 AM EDT

(Updated - July 10, 2023 6:18 AM EDT)

Keefe, Bruyette & Woods analyst Michael Brown upgraded BlackRock (NYSE: BLK) from Market Perform to Outperform with a price target of $835.00 (from $770.00).

The analyst commented, "We are upgrading BlackRock (BLK) to Outperform from Market Perform. BLK is delivering... More

BlackRock (BLK) July weekly 680 straddle into quarter results

July 7, 2023 4:29 AM EDT

BlackRock (NYSE: BLK) July weekly 680 straddle is priced for a move of 4% into the expected release of quarter results before the bell on July 14.

... More

Bitcoin touches 13-month high; crypto-linked stocks rise

July 6, 2023 6:49 AM EDT

Investing.com -- Bitcoin hit a 13-month high on Thursday, rising by as much as 3.28% to $31,500.

The jump in the world's largest cryptocurrency comes amid reports that fund managers are looking to create a U.S.-listed spot bitcoin exchange-traded fund, or ETF.

Major financial firms, including... More