Bank of America resets Amazon stock forecast
Amazon stock has lost about 7% year to date, at the time of writing, Friday afternoon, March 6, according to Yahoo Finance. Meanwhile,
Business
Business
Victoria’s Secret ends subscription program tied to $400M deal
Victoria’s Secret & Co. is shutting down the recently acquired line of business it had hoped would help modernize the lingerie giant. The
Investing
USD/CNY forecast: Here’s why the Chinese yuan is falling suddenly
The Chinese yuan crashed this week, erasing some of the gains made in the past few weeks. The USD/CNY exchange rate rose to
Investing
USD/INR forecast as the Indian rupee crashes to a record low
The Indian rupee crashed to its lowest level on record as the ongoing war in the Middle East sent shockwaves in Asia and
Investing
Dollar surge or war premium? Here’s what the macro outlook says
Currency markets rarely send clear signals during geopolitical crises, but the latest dollar surge arrived at a moment when investors were already uneasy
Investing
USD/ZAR forecast as the South African rand suffers a harsh reversal
The USD/ZAR rebounded this week, reaching its highest level since December last year as the South African rand retreated amid the ongoing war
Business
Morgan Stanley resets Broadcom price target after earnings
Broadcom (AVGO) reported its Q1 earnings on March 4. The company’s report was strong, with revenue hitting 29% year-over-year growth to a record
Business
Veteran trader makes bold call on Berkshire Hathaway shares
Let’s examine the performance of Warren Buffett‘s investment conglomerate Berkshire Hathaway. The shares have traded sideways for most of the past year: Berkshire
Business
Bankrupt regional airline to liquidate, cancels all flights
With aviation one of the most expensive industries in which one can break into with a new company, smaller airlines periodically end up
Investing
Afterstocks in the market: trades in wait-and-see mode
This week, markets were trying to assess the impact of the military escalation in the Middle East on different markets. Let’s break down