Tag Archives: nailed

4 reasons why Amazon stock is getting nailed

Amazon’s second quarter underscored its ongoing dominance in all things retail and cloud services, but some squishy aspects to the earnings release have investors in profit-taking mode.  Shares of the tech beast dropped more than 6% in pre-market trading on Friday after the company surprisingly missed on sales estimates. Several factors in the report are likely weighing on the minds of investors.  First, the headline sales miss marked the first time Amazon (AMZN) missed consensus revenue… Source link

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Crypto analyst who nailed ether’s climb to $3400 says $10,000 is next

Back in January, when the world’s second-largest cryptocurrency by market cap, ethereum, was trading at just over $1,200, one investor made the bold call of predicting a spike to the mid-$3,000 level, claiming it was being “overlooked” by investors. Just under five months later, that prediction has already hit with ethereum (ETH-USD) up roughly 400% on the year to cross the $3,500 mark as of Friday afternoon. Now, that same investor, Megan Kaspar, co-founder of the digital asset investment… Source link

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Analyst who nailed bitcoin’s $40,000 level says 50% collapse could come next

TipRanks Oppenheimer: These 3 Stocks Could Spike Over 80% Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is… Source link

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