Futures waver following U.S. stopgap funding deal; data, Fed speak ahead
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
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- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
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- Needham Starts NeoVolta (NEOV) at Buy
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Coinbase (COIN) 3Q 'likely to be sealed with a miss' - Mizuho
October 4, 2023 10:12 AM EDTCoinbase'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 EDTWall 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
