Tag Archives: Wall

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By John McCrank NEW YORK, Dec 7 (Reuters) – The U.S. Securities and Exchange Commission will vote on whether to propose some of the biggest changes to the American equity markets in nearly two decades at a Dec. 14 meeting, the agency said on Wednesday. The potential changes include new rules that would require marketable retail stock orders to be sent to auctions before they are executed, a new standard for brokers to show they get the best possible executions for client orders, and lower… Source link

One of the market’s biggest skeptics is going back to his old ways. Morgan Stanley strategist Mike Wilson cautioned that the rally that has enveloped markets in recent weeks is long in the tooth and overdue for a breather. “As predicted, falling interest rates at the back end have led to modest, further gains for this bear market rally,” Wilson wrote in a new note on Monday. “However, with last week’s price action, the S&P 500 is now right into our original tactical target range of 4000-4150…. Source link

One of the market’s biggest skeptics is going back to his old ways. Morgan Stanley strategist Mike Wilson cautioned that the rally that has enveloped markets in recent weeks is long in the tooth and overdue for a breather. “As predicted, falling interest rates at the back end have led to modest, further gains for this bear market rally,” Wilson wrote in a new note on Monday. “However, with last week’s price action, the S&P 500 is now right into our original tactical target range of 4000-4150…. Source link

[unable to retrieve full-text content]Taboola Stock Soars After Yahoo Takes Minority Stake  The Wall Street Journal Source link

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Microstrategy founder and bitcoin evangelist Michael Saylor had some strong words about fallen FTX founder and one-time billionaire Sam Bankman-Fried (SBF). “I think this [crypto] crash accelerates regulatory intervention,” Saylor said on Yahoo Finance Live (video above). “I mean, in fact, in a sense, SBF is like the Jordan Belfort of the crypto era. Instead of ‘The Wolf of Wall Street,’ they’ll make a movie called ‘The King of Crypto.'” Belfort famously was found guilty of stock market… Source link

By Rodrigo Campos and Ira Iosebashvili (Reuters) – A stronger-than-expected showing by Democrats in the U.S. midterm elections may force investors to rethink the split government scenario many had expected. Democrats held onto control of the U.S. Senate, extinguishing hopes of the “red wave” that Republicans had expected leading into the midterm elections. Republicans remain close to seizing control of the House of Representatives as officials continued counting ballots, with results expected… Source link

There’s a renewed bullish fever in Netflix (NFLX) stock following a better-than-feared third quarter and outlook as well as optimism around a major profit boost from the soon-to-launch ad-supported network. Netflix stock has surged 51% in the past six months, blowing away the 7% drop for the S&P 500. That fiery advance coupled with new fundamental drivers won over Wall Street’s biggest Netflix bear on Wednesday: Pivotal Research Analyst Jeff Wlodarczak. Wlodarczak aggressively hiked his… Source link

A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Wall Street is bracing for disaster in online advertising. Following disappointing results from Snap last week and a 28% plunge in the stock price that sent the company’s value to its lowest since early 2019, investors are now turning their attention to ad giants… Source link