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Morgan Stanley Prefers Newmont Mining Over Barrick Gold

Mean reversion can be a powerful trading tool, particularly with pair trades. One Wall Street analyst said it’s still too early to expect a mean reversion bump in underperforming Barrick Gold Corp (USA) (NYSE: ABX). Latest Rati.....»»

Category: blogSource: benzingaJun 12th, 2018

Bitcoin Falls Sharply After Another Cryptocurrency Exchange Is Hacked - Wall Street Journal

Wall Street JournalBitcoin Falls Sharply After Another Cryptocurrency Exchange Is HackedWall Street JournalA South Korean cryptocurrency exchange said it suffered a “cyberintrusion,” prompting bitcoin price.....»»

Category: topSource: googlenewsJun 11th, 2018

The Wall Street Journal: Bitcoin drops more than 10% after South Korean exchange hacked

A South Korean cryptocurrency exchange said it suffered a “cyberintrusion,” prompting bitcoin prices to fall sharply toward year lows......»»

Category: topSource: marketwatchJun 10th, 2018

What Wall Street Thinks Of Broadcom"s Q2 Earnings

The Street’s been bullish on Broadcom Inc (NASDAQ: AVGO) over the past month, and the quarter’s adjusted bottom-line and top-line beats only strengthened their conviction. Charter Equity, Bernstein, Credit S.....»»

Category: earningsSource: benzingaJun 8th, 2018

The Wall Street Journal: Crypto exchange Coinbase acquires securities dealer Keystone Capital

Coinbase, one of the leading cryptocurrency and bitcoin businesses, is acquiring a securities dealer that the company hopes will allow it to expand into the red-hot coin-offerings market......»»

Category: topSource: marketwatchJun 6th, 2018

"The redesign of the redesign is getting traction": Snap"s user growth is looking up (SNAP)

Greg Sandoval/Business Insider Snap's user growth looks solid, at least for the moment, Deutsche Bank analyst Lloyd Walmsley said. Shares have been rallying over the past week, with some positive Wall Street commentary helping. Watch Snap t.....»»

Category: topSource: businessinsiderJun 6th, 2018

"Solo" is expected to lose Disney at least $50 million, and become the first "Star Wars" movie to lose money

Disney/Lucasfilm "Solo: A Star Wars Story" could lose at least $50 million for Disney and Lucasfilm, according to The Hollywood Reporter. A Wall Street analyst told THR that "Solo" wi.....»»

Category: topSource: businessinsiderJun 5th, 2018

The Wall Street Journal: Coinbase to set up exchange in crypto-trading hotbed Japan

The San Francisco-based company aims to build a significant presence in Asia by setting up shop in Japan, where much of the world’s bitcoin trading takes place......»»

Category: topSource: marketwatchJun 5th, 2018

Wall Street"s biggest Nintendo bull shrugs off the stock’s recent plunge, pounds the table to buy

Nintendo has slumped 10% over the last two trading sessions. The selling has pushed shares below their 200-day moving average and to their lowest level in nine months. Jefferies analyst Atul Goyal says not to worry, the fundam.....»»

Category: topSource: businessinsiderJun 4th, 2018

The New York Post: Former J.P. Morgan employee files racial discrimination suit against company

An African-American former broker at the giant Wall Street asset manager is charging racial discrimination, claiming his career was badly sidelined because of his ethnicity......»»

Category: topSource: marketwatchJun 4th, 2018

Stifel Raises AMD Price Target After Cisco Unveils EPYC-Powered Servers

Cisco Systems, Inc. (NASDAQ: CSCO) has unveiled a new line of Advanced Micro Devices, Inc. (NASDAQ: AMD) EPYC-powered servers, and one Wall Street analyst said Cisco’s new servers are just one of many reasons to like AMD stock. Latest Rati.....»»

Category: blogSource: benzingaJun 1st, 2018

Bitcoin Price to Bottom at $5700 in Short-Term Before Recovery: Analyst - Yahoo Finance

Yahoo FinanceBitcoin Price to Bottom at $5700 in Short-Term Before Recovery: AnalystYahoo FinanceWilly Woo, a respected cryptocurrency, and digital asset analyst, recently stated that the bitcoin price might likely fall below the $6,000 mark .....»»

Category: topSource: googlenewsMay 28th, 2018

NetApp shares slide even after earnings beat

NetApp Inc. shares fell in the extended session Wednesday even after the hybrid cloud data company's results topped Wall Street estimates and its outlook bookended the analyst consensus. NetApp shares fell 4.2% after hours, following a 0.....»»

Category: topSource: marketwatchMay 23rd, 2018

Applied Materials shares fall on mixed analyst reaction to outlook

Applied Materials Inc. shares fell Friday as analysts were split on target price moves after the chipmaker materials supplier's outlook was lighter than Wall Street expected. Applied Materials shares fell 8.9% to $49......»»

Category: topSource: marketwatchMay 18th, 2018

It’s Not Bitcoin Trading — But J.P. Morgan Is Heading Deeper Into Crypto

J.P. Morgan created a new position dubbed Head of Crypto-Assets Strategy. As Wall Street gian.....»»

Category: europeSource: fortuneMay 17th, 2018

The Wall Street Journal: Coinbase aims to become one of the first bitcoin exchanges to welcome high-speed trading

Coinbase Inc., which operates the largest U.S. cryptocurrency exchange, said that it would upgrade its systems with services that cater to ultrafast traders......»»

Category: topSource: marketwatchMay 15th, 2018

Micron stock gains after Stifel raises target to Street-high $101

Shares of Micron Technology Inc. are up 1.5% in premarket trading Tuesday after Stifel analyst Kevin Cassidy raised his price target on the stock to $101 from $95. The new target is the highest on Wall Street, according to FactSet, an.....»»

Category: topSource: marketwatchMay 15th, 2018

The former tech chief at secretive trading firm Jump has joined a bitcoin exchange as raid on Wall Street talent continues in crypto

Steve Hunt, the former chief technology officer at secretive trading firm Jump Trading, has been hired by Kraken, the San Francisco-based cryptocurrency exchange, people familiar.....»»

Category: topSource: businessinsiderMay 12th, 2018

Wall Street is getting one critical thing wrong about Tesla (TSLA)

Tesla Nomura analyst Romit Shah published a bullish research note in which he advocated for Tesla's growth in the luxury market. But Tesla's vehicles, while nice, aren't as luxuri.....»»

Category: topSource: businessinsiderMay 11th, 2018

Wells Fargo lowers expected earnings hit from regulatory cap on assets

BOSTON (Reuters) - Wells Fargo & Co on Thursday said a cap on asset growth imposed by regulators after various sales practices scandals would hurt earnings less that it expected this year, and forecast 2019 expenses below Wall Street expectations......»»

Category: topSource: reutersMay 10th, 2018