CoreWeave stock surge brings post-IPO rally to 340% after unusually positive analyst downgrade
CoreWeave (CRWV) stock jumped over 8% on Tuesday, bringing the AI cloud company’s post-IPO rally to a whopping 340% after Bank of America analyst Brad Sills downgraded the stock but set his price target on shares to a new Street high.
On Monday, Sills downgraded CoreWeave stock to Neutral from his previous Buy rating,
Read MoreAmérica Móvil Continues To Outperform The Market
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Michael (Mike) Dion is an FP&A leader with finance experience across multiple industries, including Telecom,
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Read MoreTesla stock drops as Wells Fargo warns of weak Q2 deliveries, free cash flow under threat
Tesla stock (TSLA) is falling Tuesday as one of the Street’s biggest bears is raising alarms over Tesla’s core auto business and resulting free cash flow.
Wells Fargo’s Colin Langan notes that Tesla’s fundamentals are coming in worse than expected. The bank is expecting second quarter deliveries to be down 21% compared to a year ago,
Read MoreNASDAQ Index, SP500, Dow Jones Forecasts – Stocks Retreat As Traders Wait For Trump’s Decision On Iran
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Read MoreStock market today: Dow, S&P 500, Nasdaq futures slide, oil rises after US strikes on Iran
Wall Street is closely watching escalating tensions in the Middle East after President Trump confirmed that the US launched a surprise strike on Iran’s nuclear sites late Saturday, marking the country’s official entry into the two-week-old conflict.
Markets have held mostly steady in the aftermath of the escalation,
Read MoreThe Burst
Crypto’s Dirty Little Secret EXPOSED
It’s popular to be on the side of crypto. It speaks to the innovative and rebellious spirit that weaves its way through generations of Americans. Crypto takes on “The Man”, fiat currency, centralized control, and ultimately Federal Reserve money printing. Yet, if crypto is the answer, why is it so reliant on fiat?
Here’s the dirty little secret of crypto exposed in plain sight.
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Read MoreThe Ivy
1 Unusual Stock Trading at Rock Bottom Levels
It’s rare to find an $8.6 billion market capitalization firm that is severely undervalued. Once you get to the billion dollar company level, analysts and investors are astutely aware of what an enterprise is worth as they run quarterly financial models to assess value.
But every once in a while a deal crops up,
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