Expert Insights on Stock Market Trends and Investment Strategies
Home Customized

Category: stocks

Jefferies Says It's Time to Pull the Trigger on These Two CRE Stocks

Inflation in March showed an annualized CPI of 3.51 TP3T, the highest in six months, but people are still debating whether this will deal a blow to the argument that inflation is falling. Yes, prices are still high, but the rate of increase is declining - even counting March's headline number. Common sense tells us that the Fed is still on track to lower rates later this year - as soon as possible, but probably not as soon as previously hoped. The real key is

Wall Street Brokers Start Covering Reddit, Skeptical of User Growth

J.P. Morgan and Morgan Stanley have begun rating Reddit with the equivalent of a "hold" as they await clarity on the social media company's user growth, while remaining bullish on ad revenue growth and artificial intelligence (AI) initiatives. Reddit shares were up 0.88% at $42.64 in pre-panel trading. Although Reddit, which debuted last month, still relies on advertising for the vast majority of its revenue, it touted artificial intelligence as a growth area in its IPO marketing pitch.
en_USEnglish
Advertisements
Advertisements