Tesla (TSLA) insurance registrations in China continued to increase last week, growing for the third consecutive week, as top Tesla competitor BYD (BYDDF) stagnates. TSLA shares advanced Tuesday. X Te...
Tag: Downgrade
Moody’s Puts First Republic, Five US Banks on Downgrade Watch
(Bloomberg) — Moody’s Investors Service placed First Republic Bank and five other US lenders on review for downgrade, the latest sign of concern over the health of regional financial firms follo...
A vicious downgrade on Etsy, McDonald’s feels inflationary pain
Investors are still trying to decipher the confusion Fed chief Jerome Powell injected into the markets this week amid two days of laborious testimony to lawmakers. Will the Fed hike interest rates by ...
Bitcoin inches higher as prices continue in narrow range, Silvergate whipsaws after downgrade
Markets • March 1, 2023, 10:28AM EST Crypto prices were slightly higher halfway through the week, with most trading within a narrow range. Crypto stocks dipped after the open. Bitcoin was tradin...
Coinbase inches higher ahead of earnings as Silvergate slips after downgrade
Coinbase climbed higher shortly after the open today, while Silvergate and other crypto-related stocks dipped. Shares in the crypto exchange traded up by 1% to about $66 by 10:45 a.m. EST, acco...
bitcoin climbs, Coinbase stock shrugs off Moody’s downgrade
The past week has seen crypto prices continue their upward trajectory, with bitcoin rising 16.8% and jumping over the $23,000 mark going into the weekend. Bitcoin was trading at $23,262 as of 2 ...
PayPal’s ‘baggage’ sparks downgrade of its stock
The financial-technology category is “better positioned” than many other pockets of tech to post a strong 2023, according to an analyst, but some names could fare better than others. As SMBC Nikko Sec...
Analysts at Cowen Downgrade Coinbase (COIN) Stock
6 hours ago | 2 mins read Exchange News The price of COIN dropped by 8% at the time of writing, and it is now trading at $34.32. The experts have lowered their price prediction for COIN from $75 to $3...
Tesla stock is tanking on delivery whiff and JPMorgan downgrade
Tesla stock is picking right up where it left off in 2022: Lacking juice. Shares of the EV maker fell more than 14% on Tuesday to their lowest level since August 2020, with investors reacting to a lac...
Tesla stock is tanking on delivery whiff and JP Morgan downgrade
Tesla stock is picking right up where it left off in 2022: Lacking juice. Shares of the EV maker tanked as much as 5% in pre-market trading on Tuesday with investors reacting to a lackluster fourth qu...
Silvergate CEO Tackles ‘Misinformation’, Short Sellers Amid Stock Downgrade
Silvergate Capital Corp (NYSE: SI) shares have plummeted 8.49% to $24.24 during Monday’s trading after Morgan Stanley slapped the stock with a rating downgrade. Weak Q3 performance coupled with the FT...
Generac Catches Another Downgrade. This Time Ford’s EV F-150 Is to Blame.
Shares of backup power provider Generac caught another downgrade. This time electric vehicles are to blame. Jefferies analyst Saree Boroditsky downgraded shares of Generac (ticker: GNRC) to Sell from ...
XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.
Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eigh...
Blackstone shares fall on Credit Suisse downgrade to underperform
Blackstone Inc. BX, -2.28% shares fell 2.5% on Tuesday after Credit Suisse downgraded the alternative investment manager to underperform from neutral and cut its price target to $67.50 a share from $8...
Norwegian Cruise Stock Falls After a Rare Double Downgrade
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Disney stock tumbles to worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helped send shares of the media giant to their worst daily performance in more than two decades. Though Disney DIS, -13.16% notched record sales during...
Telos stock plunges 69% as soft revenue guidance prompts downgrade from D.A. Davidson
Shares of cybersecurity company Telos Corp. TLS, -68.84% plummeted 69% Wednesday, after the Ashburn, Va.-based company beat third-quarter earnings estimates but cut revenue guidance for the year as it...
Wells Fargo’s downgrade of Costco underappreciates value
Wells Fargo downgraded Club holding Costco (COST) in a rare move Monday, citing “brewing headwinds” to the wholesale retailer’s growth momentum. We think this call is a mistake and s...
Cathie Wood’s ARKK Slips on Roku Downgrade
Cathie Wood’s ARKK Innovation ETF (ARKK) slipped again as shares of Roku Inc., known for its television streaming services, plummeted after reporting lackluster quarterly earnings. Roku, ARKK’s third-...
Here’s why UBS’s downgrade of Ford is misguided — and late
Ford Motor (F) shares plummeted Monday after UBS downgraded the Club holding — a call that strikes us as both belated and short-sighted given the stock’s considerable slide since January. With a...
Apple Stock Downgrade Sends Microsoft, Alphabet, Other Tech Shares Lower
Apple’s stock downgrade by Bank of America has sparked a fresh tech selloff which sees Alphabet, Microsoft, Tesla, others impacted. A recent Apple (NASDAQ: AAPL) stock downgrade has sparked a selloff,...
Dow Jones Plunges 550 Points After Key Economic Data; Apple Stock Dives On Downgrade
The Dow Jones Industrial Average plunged 550 points Thursday morning after the release of key economic data — U.S. GDP and first-time unemployment claims. Apple stock sold off on a Bank of America dow...
Block of Jack Dorsey Draws Analyst Downgrade on Bitcoin Sentiment
While writing this article Bitcoin is trading at $19,083.56. SQ, a payment processing protocol operated by Twitter co-founder and crypto evangelist Jack Dorsey was downgraded to neutral from buying ...
Spirit AeroSystems Catches Rare Double Downgrade. It’s Good for Boeing.
Text size Spirit AeroSystems generates roughly 60% of its sales from Boeing Scott Barbour/Getty Images A key Boeing supplier is facing some headwinds, and the reason why could be good news for Boeing...
Zoom Shares Sink 15% After ‘Concerning’ Earnings Miss, Analysts Downgrade The Stock
Topline Shares of video conferencing service Zoom, one of 2020’s pandemic-era stock market darlings, have continued to struggle this year, plunging 15% on Tuesday after several Wall Street analysts do...
Apple stock downgraded to sell by analysts at Lightshed
Apple Inc. stock AAPL, -0.49% was downgraded to sell from neutral by Lightshed analysts on Friday, based on a more conservative outlook for iPhone sales and moderating growth expectations for services...