Futures waver following U.S. stopgap funding deal; data, Fed speak ahead

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Go back to Futures waver following U.S. stopgap funding deal; data, Fed speak ahead

Coinbase (COIN) 3Q 'likely to be sealed with a miss' - Mizuho

October 4, 2023 10:12 AM EDT

Coinbase's (NASDAQ: COIN) 3Q "is likely to be sealed with a miss," according to Mizuho analyst Dan Dolev.

In a note to clients Wednesday, Dolev maintained an Underperform rating and $27 price target on the stock, stating they expect "dwindling volumes (i.e. $28bn in July, $24bn in August, and $20bn in... More

Buy this asset class as Wall Street is 'stuck' says BofA quant strategist

October 2, 2023 10:56 AM EDT

Wall Street is bearish and stuck, according to BofA equity and quant strategist Savita Subramanian in a note Monday.

Subramanian told investors to buy stocks and sell bonds as Wall Street is "conviction-less," and sentiment is unchanged since July despite the macro drama.

"Our Sell Side Indicator (SSI) is a contrarian sentiment barometer that tracks sell side strategists' average recommended... More