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Analyst Ratings

BTCUSD

Bloomberg macro strategist Mike McGlone has warned that Bitcoin (BTC) could be facing a liquidity crisis and a 'severe economic reset' due to a sharp decline in liquidity. Despite a buoyant stock market and the potential approval of U.S. spot exchange-traded funds (ETFs), Bitcoin has seen a 15% decrease in Q3 leading up to Sept. 6. McGlone suggests that Bitcoin's price could adjust in the face of rising interest rates, with federal funds futures projected to reach about 5.45% in November, a significant jump from the 0.6% average noted from 2011 to 2021.

Portfolio Pulse from Bibhu Pattnaik

September 10, 2023 | 2:35 pm

AAPL

Apple Inc.'s stock was affected last week due to the potential competitive threat posed by Huawei's new phone. However, an analyst from TFI Securities sees this as good news for consumers, as it could force Apple to innovate more aggressively. Apple's iPhone 15 models are the first smartphones to adopt stacked CIS, a low-power imaging device. If there had been no U.S. ban, Huawei would have been the first to adopt this technology. Apple's iPhone 15 launch event is scheduled for Tuesday.

Portfolio Pulse from Shanthi Rexaline

September 10, 2023 | 12:50 pm

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

The past weekend saw significant developments in the cryptocurrency world, including the development of a 'burn portal' for Shiba Inu, a potential breakout for Bitcoin, and Elon Musk's ambitious plan for Dogecoin. A crypto analyst also projected a 170% upside for Dogecoin by 2024, while concerns were raised about a potential collapse of the crypto market.

Portfolio Pulse from Benzinga Neuro

September 10, 2023 | 12:00 am

AAPL

ADBE

DOCU

GRPN

Barron's has covered several stocks in its weekend review. Coca-Cola (KO) has been struggling despite beating Q2 earnings and sales expectations due to investor concerns over the consumer staples sector. Apple (AAPL) is expected to recover after a two-day decline. Groupon (GRPN) is seen as a bargain by Windward Management, especially in the face of inflation. Adobe (ADBE) has received a buy rating ahead of earnings due to its foray into AI and other positive factors. DocuSign (DOCU) is facing macro pressures despite beating expectations.

Portfolio Pulse from Justin Chan

September 09, 2023 | 11:24 pm

NVDA

Nvidia Corp. (NASDAQ:NVDA) was accused by social media users of inflating its Q2 revenue through sales of GPUs to CoreWeave, a company in which Nvidia is a strategic investor. Bernstein analyst Stacy Rasgon defended Nvidia, stating that the accusations were baseless. He explained that the mismatch between revenue growth and cost of goods growth was due to charges Nvidia incurred a year ago. Rasgon maintains an 'Outperform' rating and $675 price target for Nvidia stock.

Portfolio Pulse from Shanthi Rexaline

September 09, 2023 | 10:53 pm

AAPL

Apple Inc. (NASDAQ:AAPL) could potentially mitigate the impact of China's decision to ban iPhones from government offices and related companies, according to Gene Munster of Deepwater Asset Management. Munster estimates that the ban could reduce Apple's overall revenue by about 1% in 2024. However, he believes that Apple's brand loyalty in China will remain unaffected and that India could become a significant part of Apple's growth strategy. Currently, India accounts for about 3% of Apple's sales, but this could increase to match China's contribution of 20% over the next seven years.

Portfolio Pulse from Shanthi Rexaline

September 09, 2023 | 10:30 pm

AAPL

CHTR

DIS

A recent article by Dan Kois criticizing comedian Martin Short has sparked backlash on social media. In other news, speculation has resurfaced about Apple Inc. potentially acquiring Disney to fulfill Bob Iger's 'end game'. A new report also details a rift between Iger and former Disney CEO Bob Chapek over office amenities. Disney is also reportedly in disputes with Florida Governor Ron DeSantis and Charter Communications CEO Chris Winfrey.

Portfolio Pulse from Anthony Noto

September 09, 2023 | 9:46 pm

BTCUSD

Crypto analyst Michaël van de Poppe predicts a 'final correction' in Bitcoin's value, anticipating a dip of about 10% from its current value. He views this as an opportunity for long-term investors to increase their Bitcoin holdings. He also highlighted upcoming developments in the crypto space, including Bitcoin's spot ETFs and the expected introduction of ETH Futures ETFs. Despite the potential dip, he remains bullish about Bitcoin's long-term prospects due to growing institutional interest.

Portfolio Pulse from Bibhu Pattnaik

September 09, 2023 | 6:20 pm

AAPL

DIS

NKLA

TSLA

Major indices faced a challenging week with the Dow, Nasdaq, and S&P experiencing declines. WTI crude hit a 10-month high due to Saudi Arabia and Russia's decision to extend production cuts, sparking inflation and interest rate concerns. Tesla is returning to the Detroit Auto Show, emphasizing its dominant position in the EV market. Goldman Sachs reduced its U.S. recession risk to 15%, citing strong economic fundamentals. Shiba Inu's Shibarium surpassed 1M wallets two weeks post-launch. Daniel Niles plans to short Apple stock due to potential threats from Huawei's new Mate60 Pro and China's expanding ban on foreign phones. Nikola Corp's semi truck's lithium-ion battery caught fire, marking the company's third such incident this year. Disney modified its lawsuit against Florida Governor Ron DeSantis, focusing solely on its "First Amendment" claim.

Portfolio Pulse from Michael Cohen

September 09, 2023 | 4:51 pm

FSR

HMC

LCID

NKLA

TSLA

The week ending on Sept. 8 saw a general downtrend in electric vehicle (EV) stocks, with some exceptions like Tesla. Key events included Tesla's Giga Shanghai plant producing its 2 millionth vehicle, and the company's focus on robotaxis. Deutsche Bank flagged risks to Tesla's Q3 production and deliveries. Lucid Group's CEO was reported as the highest paid automotive CEO in 2022, while the company struggles with production and deliveries. Fisker plans to increase production of its Ocean electric SUV. Nikola faced more fire incidents with its Trey electric semi-trucks. Honda adopted Tesla's North American Charging Standard for its future EV models.

Portfolio Pulse from Shanthi Rexaline

September 09, 2023 | 2:40 pm