Stock Upgrades and Downgrades October 2022
Stock Upgrades and Downgrades from Wall Street analysts for October 2022.
Stock Upgrades and Downgrades from Wall Street analysts for October 2022.
Credit Suisse stock slumps close to all-time low on Wednesday as the Swiss bank warns of a loss in the current quarter and the asset outflows continue.
Best Buy reported today earnings results that beat the market consensus both in the top and bottom lines.
Here are the key points:
Tesla (TSLA) is trading 5.63% lower at $169.98 amid a series of vehicle recalls, and the rising number of Covid-19 cases in China. Tesla stock hit today its lowest level since November 23, 2020.
Ahead of a shortened week due to Thanksgiving, traders will focus on the fundamental data that will impact the next FOMC decision. Economists worry that the economy is heading to recession
Carvana (CVNA) stock crash continues as the company announced that will lay off 1,500 employees, amid a dismal economic environment that the company failed to predict. The news came as the stock is already down 96% in 2022.
EURUSD retreated today as it faces strong resistance at the 200-day moving average. Earlier today reported that final inflation figures in the euro area CPI rise 10.6% below the expectations of 10.7%
Nvidia reported third-quarter earnings figures disappointing investors in EPS but the revenue beat expectations. Nvidia’s revenue came to $5.93 billion, beating the analyst’s expectations of $5.80 billion.
Palantir Technologies Inc. (PLTR) stock is under selling pressure today after Fast Radius (FSRD) filed for chapter 11. Palantir bought 2 million Fast Radius shares at $10 each for a total cost of $20 million.
October PPI is expected at 8.4 on yearly basis from 8.5 in September. The core PPI is forecasted at 7.2 same as the previous month.
