While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest public companies, especially the technology giants, trade in the hundreds, all the way up to over $1,000 per share or more. At those steep […]

Fintel reports that on May 26, 2023, Goldman Sachs maintained coverage of Toll Brothers (NYSE:TOL) with a Sell recommendation. Analyst Price Forecast Suggests 2.31% Downside As of May 11, 2023, the average one-year price target for Toll Brothers is 66.56. The forecasts range from a low of 50.50 to a high of $84.00. The average price target represents a decrease […]

Fintel reports that on May 25, 2023, Goldman Sachs maintained coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 3.51% Downside As of May 11, 2023, the average one-year price target for NVIDIA is 294.65. The forecasts range from a low of 191.90 to a high of $413.70. The average price target represents a decrease of 3.51% […]

The “buy the dip” financial news teleprompter readers and the 30-year-old portfolio managers that have never seen a market crash are suddenly very silent and increasingly cannot be found. Market veterans and “hey boomer” professionals have seen this show before. Back in 1987, the Dow Jones industrial average plunged a stunning 22% in one day. The equivalent today would be […]

The futures were lower on Tuesday, after the market started off the week going in multiple directions, with the Nasdaq pressing higher to close at 12,720 while the Dow Jones industrials sold off again, ending the day down at 33,268. The big winner was the Russell 200, which closed up 1.2% at 1,795. The debt ceiling discussions remain on center […]

Save articles for later Add articles to your saved list and come back to them any time. Mike Cannon-Brookes-backed fintech Tyro Payments has had its second takeover approach in six months collapse in the final stages, and its shares plunge on the news. The payments company had been engaging with Potentia Capital Management for almost nine months about a possible […]

Save articles for later Add articles to your saved list and come back to them any time. When James Gorman made one of the biggest announcements of his career over the weekend – that he would be stepping down as Morgan Stanley CEO within a year – he still managed to crack a joke. “An issue of paramount importance to […]

Save articles for later Add articles to your saved list and come back to them any time. When James Gorman made one of the biggest announcements of his career over the weekend – that he would be stepping down as Morgan Stanley CEO within a year – he still managed to crack a joke. “An issue of paramount importance to […]

Gold prices were a tad higher on Friday after falling for three straight sessions. Spot gold rose half a percent to $1,967.13 per ounce but was on track for a weekly loss on U.S. debt deal optimism. U.S. gold futures were up half a percent at $1,969.45. The dollar index pulled back a little, making bullion more affordable for holders […]

Lightspark, a crypto startup that develops a software package that helps businesses harness Lightning Network’s (LN) benefits, announced the launch of its new offering – Wallet SDK. According to Lightspark’s press release, the new product allows businesses to offer their clients a Lightning wallet. What is the Lightspark Wallet SDK? Crypto startup Lightspark announced on Thursday it has rolled out […]