-
Tesla Cybertruck Buzz Gets Louder, Rivian Jumps On NACS Bandwagon But Lucid Holds Off, Nikola's Fire Mishap, And More: Biggest EV Stories Of The Week
Saturday, June 24, 2023 - 10:13am | 1365Electric vehicle stocks moved down in the week ending on June 23, as the broader market weakness dragged these stocks lower. As we enter a lean week before second-quarter deliveries kick in, stocks could be on “hold” mode for a while. Here are the key events that happened in the EV...
-
Tesla Hit With Back-To-Back Downgrades: Why Morgan Stanley Is Stepping To Sidelines Despite Touting EV Stock As 'Must-Own'
Thursday, June 22, 2023 - 10:07am | 515Tesla, Inc. (NASDAQ:TSLA) stock is in pause mode as traders take profits off recent gains on the pretext of two downgrades in two sessions. The Tesla Analyst: Morgan Stanley analyst Adam Jonas downgraded Tesla shares from Overweight to Equal-Weight Thursday, citing “relatively full valuation...
-
Why This Former Barclays CEO Loves To See More 'Mainstream' Firms Like BlackRock Toying With Crypto
Thursday, June 22, 2023 - 2:09am | 416Bob Diamond, former CEO of Barclays on Wednesday said he wasn’t surprised by BlackRock Inc’s (NYSE:BLK) broader interest in the cryptocurrency market. What Happened: BlackRock recently filed for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), which if approved,...
-
Tesla Analyst Drops Bullish Stance As Near-Term Storm Takes Shape, But Sees Elon Musk-Led Company As Long-Term EV Winner
Wednesday, June 21, 2023 - 10:43am | 627Barclays wants its clients invested in Tesla Inc (NASDAQ: TSLA) to jump ship in the near term and wait for recent excitement around artificial intelligence and the company's Supercharger network to fizzle out before getting back in the name for a longer-term ride. The Tesla...
-
UBS Acquisition of Credit Suisse: Bye Bye AT1 Investors, Anxiety Builds Among Banks' Subordinated Bondholders
Monday, March 20, 2023 - 10:58am | 887UBS Group AG's (NYSE: UBS) takeover of Credit Suisse Group AG (NYSE: CBS) has done nothing to alleviate market concerns about the banking sector, and it continues to throw a shadow over the rights of credit institution shareholders and bondholders. On Sunday, the Swiss government used its...
-
What To Expect From Friday's Jobs Report: Barclays Economist Breaks It Down
Friday, March 10, 2023 - 3:57am | 503Barclays Vice President and U.S. economist Pooja Sriram reportedly said that the non-farm payrolls figure for February is expected to come in substantially lower than January but any number over 225,000 would still reflect a strong jobs print. "We expect non-farm payrolls to come in at 225,000....
-
Barclays Plots Roadmap Of EV 'Megatrends': Why Tesla Is King, Rivian Is Runner-Up And The Wheels Are Turning At Ford, GM
Wednesday, February 15, 2023 - 3:11pm | 932Barclays is out with extensive coverage on several automakers Wednesday. Here's a look at the key initiations and the main drivers behind the firm's multifaceted call. What's Turning The Wheels For Barclays? Tesla Inc (NASDAQ: TSLA) stood out as the king...
-
Exclusive: Weekly Benzinga Moneymaker Index - Top 5 Stock Ideas Revealed
Thursday, January 5, 2023 - 6:08pm | 734Investors are on the hunt for undervalued, underfollowed and emerging stocks to spot opportunities. Retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming. Benzinga’s Moneymaker Index uses a combination of proprietary data and...
-
Why This Bank Analyst Is No Longer Bullish On Ally, Capital One
Tuesday, January 3, 2023 - 3:44pm | 324Banks are entering 2023 in a state of alert as national and global economies slide into a period of ever-increasing uncertainty. The banking sector starts the new year with record net revenue (before provisions), positive operating leverage, historically low loan losses and delinquencies and...
-
Barclays Revises Price Targets On These Big US Banks
Tuesday, January 3, 2023 - 12:12pm | 971Barclays boosted the price target for The Goldman Sachs Group, Inc. (NYSE: GS) from $410 to $495. Barclays analyst Jason Goldberg maintained an Overweight rating on the stock. Goldman Sachs shares closed at $343.38 on Friday. Barclays raised the price target for JPMorgan Chase & Co. (...
-
Barclays Says 'The Worst Is Yet To Come' For Beyond Meat And Tyson Foods As Inflation Takes A Bite Out Of Profits
Monday, November 28, 2022 - 1:44pm | 428Barclays analysts expect protein sales to be impacted by rising prices for years to come, hence the downgrade of Beyond Meat Inc (NASDAQ: BYND) and Tyson Foods, Inc. (NYSE: TSN) Monday morning. What Happened: Analysts at Barclays slapped Underweight ratings on Beyond Meat...
-
11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline
Wednesday, October 26, 2022 - 12:05pm | 1093Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...
-
Roblox, The 'Only True Metaverse Today,' Has This Analyst Bearish - Here's Why
Tuesday, October 11, 2022 - 12:53pm | 277Barclays analyst Mario Lu initiated coverage of video game developer Roblox Corp. (NYSE: RBLX) with an Underweight rating and a price target of $20. The Thesis: Users joined the Roblox platform to socialize with friends digitally. The San Mateo, California-based company was among the main...
-
MongoDB Stock Plunges After Q2 Earnings: 4 Analysts Break Down The Print
Thursday, September 1, 2022 - 12:19pm | 485Shares of MongoDB Inc. (NASDAQ: MDB) tanked in after-hours trading on Wednesday, after the New York-based company reported its fiscal second quarter results and issued weak guidance. RBC Capital Markets Analyst Rishi Jaluria reiterated an Outperform Buy rating, while reducing the price target from...
-
Can Grand Theft Auto VI Come Soon Enough? Take Two Stock Dips Below Key Level As Analysts Weigh In On Zynga Purchase, Mobile Games
Tuesday, August 9, 2022 - 12:34pm | 461Analysts sized up how the acquisition of Zynga fits into guidance from video game company Take-Two Interactive Software, Inc (NASDAQ: TTWO). The Take-Two Analysts: Credit Suisse analyst Stephen Ju had a Neutral rating and lowered the price target from $139 to $137. Barclays analyst Mario...