[ad_1] It’s time to sell Silvergate Capital following the FTX collapse, according to Morgan Stanley. Analyst Manan Gosalia downgraded shares to underweight from equal weight, saying there is more revenue pressure on the crypto bank than investors are pricing in. “The ongoing stress in the crypto ecosystem post the FTX …
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[ad_1] A United Airlines terminal at John F. Kennedy International Airport in New York January 24, 2011. Jessica Rinaldi | Reuters Check out the companies making headlines in premarket trading Monday. United Airlines — Shares rose 1% after Morgan Stanley upgraded United Airlines to overweight from equal weight, saying 2023 …
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[ad_1] It’s time to move to the sidelines on Starbucks , according to Deutsche Bank. Analyst Brian Mullan downgraded shares of Starbucks to hold from buy, saying gains for the stock will be harder to come by after a recent run-up. “[We] are not negative on SBUX; but rather we …
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[ad_1] Hong Kong CNN Business — Global traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind Covid restrictions following widespread protests. Multiple cities across China loosened Covid-19 restrictions over the weekend. Starting Monday, Shanghai residents will no longer require a negative Covid test …
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[ad_1] The rules of the road are changing when it comes to what people are driving — or will be driving in the future. For more than 100 years, automobiles have been powered by internal combustion engines. Yet around the globe, consumers are slowly shifting to electric-powered vehicles and countries …
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[ad_1] Paramount Group Inc: “It is very inexpensive, but at the same time, I don’t like office real estate. So, I am torn on it.” Uranium Energy Corp: “There are no consistent brands right now in this country for nuclear power. It has too many enemies.” Extreme Networks Inc: “I …
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[ad_1] CNBC’s Jim Cramer on Friday offered investors a list of clothing stocks that he believes will see upside as workers continue returning to the office. “After the huge run in the apparel stocks, I recommend ringing the register on the lower quality ones, so that you can swap into …
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[ad_1] CNBC’s Jim Cramer on Friday told investors that stocks could see another strong week of trading, given the right economic conditions. “As the year winds down, the holidays will become more and more of a focus. Right now, the forecast is cloudy – too many cross currents. But if …
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[ad_1] Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Check out the companies making headlines in midday trading. Zscaler – The cloud security company’s shares dipped 10.7% following its quarterly earnings report, despite Zscaler posting strong results. Earnings and revenue were …
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[ad_1] Marvell Technology Group Source: marvell.com Check out the companies making headlines before the bell: Marvell Technology (MRVL) – The chip maker’s stock slid 4.9% in the premarket after quarterly sales and profit fell short of Wall Street estimates. Marvell also issued a weaker than expected outlook. Inventory reductions by …
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