Opening Bell Analyst Calls Briefing for Monday, October 24, 2022
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
Bridgestone (BRDCY) upgraded to Conviction Buy from Buy at Goldman
Gruma S.A.B. de CV (GPAGF)...
Earnings Previews: Alphabet, Coca-Cola, Enphase, Microsoft, Visa
The three major U.S. equity indexes closed higher on Friday, after staggering a bit in the early going. The Dow Jones industrials ended the...
Tesla Reports $170M Impairment Loss on its Bitcoin Holdings in 10-Q...
Tesla reported a $170 million impairment loss on its Bitcoin (BTC) investment, according to a 10-Q filing published Monday.
The loss concerns the...
Morning Analyst Calls Briefing for Monday, October 24, 2022
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
ANSYS (ANSS) upgraded to Buy from Neutral at Rosenblatt; tgt lowered to $270
Avis Budget...
Japan’s Likely FX Intervention Has Little Effect as Yen Falls to...
Japanese yen failed to retain its gains against the US dollar after two market days of suspected intervention by the country’s central bank, according...
David Einhorn’s Greenlight Fund Trounces Broader Market
David Einhorn’s Greenlight Capital recently released its third-quarter letter to investors, reporting a 17.7% 2022 return and updating them on portfolio changes.
Many investors think...
Well Health’s U.S. Expansion Takes on Abortion Access
Well Health Technologies’ (CA:WELL) majority-owned subsidiary, Wisp, announced on Oct. 19 that its telehealth medical abortion service was available in two more U.S. states:...
Bitcoin’s Volatility Falls Amid Rising Uncertainty in Stocks
At one year’s decline of -69%, Bitcoin’s 20-day realized volatility has reached under the S&P 500 and Nasdaq. After falling under $24k in mid-August,...
These Were The 10 Worst-Performing Cryptocurrencies In Q3 2022
The cryptocurrency market somewhat recovered in the third quarter from its first and second quarter lows. In fact, it was among the best-performing asset...
USDT Will Be Available on 24,000 ATMs Across Brazil Starting in...
This Thursday, Tether announced it is intending to launch USDT on 24,000 ATMs in Brazil in partnership with SmartPay. The launch date is set...