Tag Archives: Wall Street

CoinspeakerBlackRock Edges Closer to Bitcoin ETF Launch, Here’s What It Means for Wall Street BlackRock is set to become the first asset manager to launch a fund that tracks the price of Bitcoin. BlackRock Edges Closer to Bitcoin ETF Launch, Here’s What It Means for Wall Street

CoinspeakerCoinbase (COIN) Stock Soars over 50% amidst SEC Lawsuit Turmoil While Coinbase executives have engaged in pre-planned and periodic stock sales, other major COIN holders have chosen a different approach. Coinbase (COIN) Stock Soars over 50% amidst SEC Lawsuit Turmoil

CoinspeakerCoinbase Shares Dip despite Bullish Start to This Week At the beginning of the week, Coinbase generated significant buzz with its announcement of potential collaborations with several asset managers. Coinbase Shares Dip despite Bullish Start to This Week

CoinspeakerExploring Current State of MAANG and MANATAM Stocks The inclusion of Nvidia, Tesla, and Microsoft expands the reach of the MAANG stocks, encompassing electric vehicles, Graphic Processing Units (GPUs), and software. Exploring Current State of MAANG and MANATAM Stocks

Ray Wang, Constellation Research Principal Analyst, believes that due to market changes FAANG should be replaced with MATANA in stock ranking. In the ever-evolving tech world, the dominance of FAANG – Facebook Inc, now Meta Platforms Inc (NASDAQ: META), Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX), and Google alongside its parent company Alphabet Inc (NASDAQ: GOOGL) – has been unquestionable. However, as the sector evolves, some experts suggest that...

Several Wall Street Banks, including Goldman Sachs, have cut their outlook on growth in China as the economy struggles. Leading global investment banking and management firm Goldman Sachs has joined several Wall Street banks to reduce its growth outlook for China. This downgrade comes as the East Asian powerhouse is experiencing a dwindling economy as it battles the effects of the coronavirus pandemic. Goldman Sachs reduced the growth outlook for China’s full-year 2023 GDP (gross...

MANU stock price surged by a staggering 30% as the news emerged of Sheikh Jassim being the preferred bidder of the Premier League soccer club. On Tuesday, June 13, the shares price of Manchester United (NYSE: MANU) popped up by a massive 30% in the pre-market hours on the New York Stock Exchange. The recent surge happened after Qatari media suggested Sheikh Jassim bin Hamad al-Thani is likely to succeed with his takeover bid. On Tuesday, Qatar’s local news publication Al-Watan reported...

DocuSign has given a strong guidance for the second fiscal quarter anticipating revenue of $675 million to $679 million. On Thursday, June 8, e-signature provider DocuSign (NASDAQ: DOCU) reported strong earnings beating revenue estimates for the fiscal quarter ending April 30 (Q1 2024). In the aftermarket hours on Thursday, the company’s share price is trading 5% up moving past $61. DocuSign Inc, based in San Francisco, California, is a company that provides electronic agreement...

The debt ceiling bill’s approval provided even another reason for the positive rally in stock futures. In an exciting development, US stock futures have continued to soar as traders make meaning of the highly anticipated May jobs report and celebrated the passing of a debt ceiling bill by United States lawmakers. According to reports, futures on the Dow Jones Industrial Average (INDEXDJX: .DJI) rose by 180 points or 0.5%. Similarly, futures connected to both the S&P 500 (INDEXSP:...

Macy’s noted that Nike will return to its stores, starting from October this year. Macy’s Inc (NYSE: M), an American conglomerate holding company that engages in consumer goods, released its first-quarter earnings results on June 01. According to the announcement, Macy’s reported net sales of $4.98 billion during the first three months of the year (Q1 2023), which represented a decline of approximately 7 percent YoY basis. However, analysts surveyed by REFINITIV expected the company to...