Tech titans deliver earnings beats, jobs report looms - what's moving markets

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UBS sees Brent crude at $90 by the end of 2023 - here's why

August 4, 2023 2:24 PM EDT

With Brent crude oil climbing above the $85 level this week, UBS analysts told investors in a note that they feel the rally "can go further."

The firm said in a note this week that "given the constructive forces" they see for crude in the coming months, they remain positive on oil and continue to expect prices to rise towards USD 90/bbl by the end of 2023. Here's why:

Prospects... More

Amazon.com (AMZN) PT Raised to $180 at Barclays; 'The Tide Has Turned!'

August 4, 2023 6:45 AM EDT

Barclays analyst Ross Sandler raised the price target on Amazon.com (NASDAQ: AMZN) to $180.00 (from $140.00) while maintaining a Overweight rating.

The analyst commented, "AMZN bulls have suffered greatly over the past 2+ yrs, but the company is back to a good cadence of gaining... More