Jefferies downgrades Apple to sell, sees 20% drop from here
Apple shares are likely to slump as Wall Street’s expectations for the company’s next iPhone — possibly a foldable — have become too lofty, Jefferies says.
Jeff Bezos says AI is in an ‘industrial bubble’ but society to get ‘gigantic’ benefits from the tech
Amazon founder Jeff Bezos said that artificial intelligence is showing signs of being in an “industrial bubble.”
Here are Friday’s biggest analyst calls: Nvidia, Apple, Broadcom, Tesla, Netflix, Ferrari, Johnson & Johnson, Coinbase & more
Here are Friday’s biggest calls on Wall Street.
Stocks making the biggest moves premarket: GameStop, USA Rare Earth, Applied Materials, Zillow and more
These are some of the stocks posting the largest moves in premarket trading.
Goldman boss David Solomon warns of a stock market drawdown: ‘People won’t feel good’
The Goldman Sachs CEO said AI presented opportunities, but some investors were overlooking “things you should be skeptical about.”
Trump administration puts on hold $2.1 billion in Chicago infrastructure projects, Vought says
The move came on the third day of the federal government shutdown, which President Donald Trump has blamed on Democrats in Congress.
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
The move shows that OnePay, founded by Walmart and venture firm Ribbit Capital in 2021, sees crypto as a core offering as it builds out its “everything app.”
Coinbase gets an upgrade from Rothschild on growing crypto adoption in finance
Coinbase is poised outperform as cryptocurrencies become more integrated into financial services, according to Rothschild & Co. Redburn.
Why vinyl records like Taylor Swift’s ‘The Life of a Showgirl’ are protected from tariffs
Vinyl records, CDs and cassettes escape U.S. tariffs thanks to a Cold War-era exemption, keeping prices stable for fans.
For first-time job hunters, a college degree isn’t unlocking the opportunities it once did
Data shows young college grads are feeling the brunt of the labor market slowdown.