Options trader Michael Khouw breaks down a covered put options strategy.
Goldman raises price target on Tesla but still sees the stock declining
Tesla’s growth outlook could provide some support for its shares, though they may still come down a bit from current levels, according to Goldman Sachs.
NBA star Kevin Durant can’t unlock his Coinbase bitcoin account. His agent is thrilled
Houston Rockets star forward Kevin Durant can’t access his Coinbase account or the bitcoin held there. His agent says that’s a good thing.
JPMorgan used AI to break down the Fed decision. It indicates the most dovish bent in years
Using AI to study language in the central bank’s statement and later remarks by Chair Powell, the bank decided the Fed is the most dovish it’s been since 2021.
David Tepper says Fed could cut a few more times, but easing too much risks entering ‘danger territory’
His comments come after the central bank lowered interest rates by a quarter point Wednesday, while signaling two more reductions are coming this year.
Here are Thursday’s biggest analyst calls: Nvidia, Apple, Meta, Coinbase, Alphabet, Nike, CSX, Abercrombie & Fitch & more
Here are Thursday’s biggest calls on Wall Street.
Nike gets an upgrade from RBC, which says organizational and product refresh will boost stock
Nike received an outperform rating from RBC due to its planned product refresh and recent organizational structure overhaul.
A big buying opportunity in this health insurance giant after a sharp decline
Frank Holland breaks down what traders are watching ahead of the new session.
RBC upgrades CSX, says Union Pacific-Norfolk Southern bodes well for the railroad stock
The firm upgraded the rail transportation giant to outperform from sector perform.
Unpacking the confusing Fed decision: What does it mean for your investments?
Wall Street still has more to unpack from Wednesday’s Federal Reserve meeting, one that showed a deeply divided U.S. central bank.