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OPPENHEIMER DOWNGRADE
US stocks today: US stocks set for strongest quarter in years as risk appetite holds despite US-Iran warUS stock markets are showing remarkable strength, with major indexes poised for their best quarterly gains in years despite global uncertai...- US Stocks: Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managersOppenheimer has downgraded major U.S. investment banks like Goldman Sachs and Morgan Stanley, citing limited upside despite a positive envi...
- Meta’s $307 billion meltdown: 4-day crash sparks fears of another 2022-style Metaverse collapseMeta stock crash 2025: Meta Platforms faces investor jitters over its colossal AI spending, mirroring past metaverse missteps. Despite beat...
- Meta to invest $600 billion in U.S. for AI data centers and jobs expansionMeta Platforms plans a huge $600 billion investment in the U.S. to grow its artificial intelligence power. The company aims to build more d...
- Meta tanks after earnings, stock downgraded by Oppenheimer — investors worry over two major red flagsMeta’s stock dropped after its latest earnings report and a downgrade from Oppenheimer. The company’s big spending on artificial intelligen...
- US stocks slide lower after Federal Reserve pauses rate cutsUS Stocks Highlights: The S&P 500 and Nasdaq saw limited overall gains on Wednesday as losses in Apple and Nvidia offset broader advances. ...
- Asian stocks edge higher before Powell’s testimony: Markets wrapAsian markets rise ahead of Powell's testimony and US earnings season. Investors eye Fed's rate cut outlook and China's policy meetings. Bo...
- Low-cost spot bitcoin ETFs threaten to erode Coinbase margin, trading volumeCoinbase, the largest listed cryptocurrency exchange, could face negative impacts on its trading volume, margin, and trading commissions du...
- S&P, Nasdaq begin 2024 with lower close as Apple, big tech weighsHowever, equities were pressured on Tuesday as U.S. Treasury yields climbed, with the yield on 10-year notes ticking above 4.000% to a two-...
- Fitch’s US downgrade is stoking the very fight it warned againstFitch Ratings' decision to downgrade US government debt has been seized upon by rival political factions as a new weapon of combat in their...
- Will Fitch cut in the US ratings impact Indian market? Hemang Jani answersThe Indian earnings season is going well with about 33 Nifty companies delivering decent numbers. Despite the downgrade of the US rating by...
- SVB’s fall stunned even the one stock analyst who recommended sellDiana remained Wall Street’s biggest bull, with a $500 price target on the stock right before the bank’s demise. He didn’t pull his buy rat...
- Countdown on for India tycoons as debt dagger hangs over stocksNot everybody is going to come out of this alive, according to one of the analysts.
- Urjit Patel has the best bond start this century for any RBI chief"Patel’s appointment is a critical pillar for this positive environment for inbound portfolio flows,” said Krishna Memani, New York-based c...
- Rough road ahead for iGate post Phaneesh Murthy's sexual harassment scandalThe company has lost one $200 million technology outsourcing contract they had recently won and is likely to lose another one of similar va...
- Morgan Stanley and UBS may be lowered three grades: Moody'sPotential downgrades of banks including Morgan Stanley, which could have their credit ratings cut by Moody’s, threaten to shake up Wall Str...
- Investors flee BP and drilling companiesInvestors pummeled shares of oil drillers and BP on Tuesday, after President Barack Obama talked tough about dealing with the worst oil spi...
- Lehman likely to post loss, may sell stock to raise $4bLehman Brothers may report its first quarterly loss since going public in 1994, increasing pressure on the company to raise capital by sell...
- Uncertainty around bond insurers next storm after SubprimeAs bad news about the financial system piles up, trust the pillar of investing is being buried.
- No 'misuse' of double taxTHE clampdown on the 'misuse' of double taxation avoidance treaties spelt out in the common minimum programme rattled a section of players ...
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