Rising interest rates and a troublesome macroenvironment mean it's time to sell Upstart , Morgan Stanley says. Analyst James Faucette downgraded shares of the artificial intelligence lending platform to underweight from equal weight, saying in a note to the clients Wednesday that the current environment
Here are the most important news items that investors need to start their trading day: 1. Stocks looking for stability Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE Equities markets' attempt to build on last week's momentum has so far fizzled this
In this article ETH.CM= BTC.CM= Bitcoin and other cryptocurrencies fell sharply as investors dump risk assets. A crypto lending company called Celsius is pausing withdrawals for its customers, sparking fears of contagion into the broader market. Nurphoto | Nurphoto | Getty Images Bitcoin fell below $20,000 on Wednesday as a
The list of difficulties for Advanced Micro Devices (AMD) (AMD) - Get Advanced Micro Devices Inc. Report goes on. And it must be said that the semiconductor manufacturer did not need that. Indeed, AMD has been grappling with questions about consumer demand for its products for several months
Tom Cruise in "Top Gun: Maverick" Source: Paramount "Top Gun: Maverick" rocketed to $1 billion at the global box office over the weekend, setting a new career milestone for star Tom Cruise and signaling some momentum for the domestic box office as it heads into the second
Penn National Gaming will benefit from pent-up demand for experiences even as consumer spending slows, Barclays says. "We view PENN as a well-operated, diversified U.S. regional casino company, with a digital sports and gaming business that is closer to profitability than any of the other
In this article 6758.T-JP Sony's new PC gear will help it expand its reach in gaming beyond PlayStation. Sony Sony is launching its own range of gaming-focused computer monitors and headsets, hoping to tap into the lucrative high-end PC gaming market as it looks beyond its main PlayStation console
Investors looking to protect themselves from an economic slowdown should put their money in Goldman Sachs , Bank of America said Wednesday. Analyst Ebrahim Poonawala upgraded the bank stock to buy from neutral. In a note titled "buying protection against the coming storm," he said
In this article ULCC JBLU AAL A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The most heated airline battle in recent years comes to a head on Thursday when Spirit Airlines'
People wait to visit a house for sale in Garden City, Nassau County, New York. Xinhua News Agency | Getty Images After rising steadily for three weeks, mortgage rates dipped slightly last week, prompting a small increase in refinance activity. Activity from homebuyers, however, pulled back further,
