Here are the biggest analyst calls of the day: Match Group, Twitter, Papa John's & more

This post was originally published on this site In this photo illustration the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Here are the biggest calls on Wall Street on Thursday: UBS upgraded Match Group to ‘buy’ from ‘neutral’ UBS […]

Tumbling Twitter shares downgraded on concern about rising costs

This post was originally published on this site Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Twitter needs to spend money, according to Evercore ISI. The social media company’s impressive business […]

Carbon emission cost for automakers 'far from fully appreciated,' says Morgan Stanley's Adam Jonas

This post was originally published on this site Passenger vehicles will account for about 7% of global carbon emissions in 2020, and as carbon costs increase this could seriously impact automakers’ bottom line, according to Morgan Stanley. “In a world where the price of carbon emissions rises, the impact of such numbers on financial results […]

Hedge fund manager Ray Dalio says the economy isn't growing because 'the world has gone mad'

This post was originally published on this site Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., U.S., on Friday, Oct. 18, 2019. Al Drago | Bloomberg | Getty Images Central banks have been giving cheap money to investors who have […]

Here are the biggest analyst calls of the day: Lowe's, Nike, BlackRock & more

This post was originally published on this site A customer pays for his purchases inside a Lowe’s store in Cary, North Carolina. Jim R. Bounds | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Wednesday: Raymond James initiated Lululemon & Nike as ‘outperform’ &  Footlocker as ‘underperform’ Raymond James said […]

Analysis of Apple's trading history shows it has more 'room to run,' Bank of America says

This post was originally published on this site Apple CEO Tim Cook arrives for Apples “The Morning Show” global premiere at Lincoln Center- David Geffen Hall on October 28, 2019 in New York. Angela Weiss | AFP | Getty Images Bank of America sees Apple shares climbing even further in the next year, as the […]

Lowe's gets upgrade from Credit Suisse: Low mortgage rates should boost store foot traffic

This post was originally published on this site An employee secures the lid of a Valspar Corp. paint can for a customer inside a Lowe’s store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Low mortgage rates and increased home improvement spending are going to help lift Lowe’s stock, according to Credit […]

'Infinite leverage' — some Robinhood users have been trading with unlimited borrowed money

This post was originally published on this site Some Robinhood users have been manipulating the stock-trading app to trade with what they’re calling “infinite leverage.” The cheat code was being shared on social media site Reddit, with one trader claiming he took a $1,000,000 position in stock using only a $4,000 deposit. Through Robinhood Gold, […]

Buy Virgin Galactic stock because space tourism will be safer than you think, analyst says

This post was originally published on this site Vertical Research Partners is the first firm to begin covering Virgin Galactic, initiating the space tourism venture’s stock with a “buy” rating and saying its risk “is misunderstood.” “We think the technical risk to SPCE’s human spaceflight program is less draconian than the stock appears to be […]

Ray Dalio says the US will have no other option but to raise taxes in coming years

This post was originally published on this site Bridgewater Associates co-Chairman Ray Dalio said Tuesday that the U.S. will have little choice but to raise taxes in the coming years to offset its mounting liabilities and debts. Dalio, who founded the hedge fund in 1975, told CNBC from the Greenwich Economic Forum that the national […]