Tag: Investment

German Investor Morale Rises on Expectations of Easing COVID-19 Restrictions

BERLIN—German investor sentiment rose in February on expectations that restrictions to contain COVID-19 will ease, allowing growth in Europe’s largest economy to pick up, a survey showed on Tuesday. The ZEW economic research institute said its economic sentiment index rose to 54.3 from 51.7 in January. A Reuters poll had pointed to a rise to…


US-China Bilateral Tech Investment Aids Chinese Military

News Analysis The Trump administration fought to reduce the flow of U.S. technology and investor funds into the hands of the Chinese Communist Party (CCP). The trend continues under the Biden administration, but there is still much more to be done. “Chinese companies are beholden to the Chinese Communist Party,” said Sen. Tom Cotton (R-Ark.)…


Read How Analysts Reacted to Cloudflare’s Q4 Results

Analysts mainly bumped up price targets on Cloudflare Inc. post Q4 results. KeyBanc analyst Thomas Blakey raised the firm’s price target on Cloudflare to $150 from $132 (34 percent upside) and kept an Overweight rating on the shares. Blakey views Cloudflare as a disruptor of vast markets, including network services and zero-trust security, and as an innovator in areas…


Billionaire Soros Buys Stake in EV Startup Rivian

NEW YORK—Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc. in the quarter ended Dec. 31, securities filings showed Friday. The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company that has yet to produce a…


As Crypto Rises, Some Bemoan Its Carbon Footprint

In the years since the still-anonymous ‘Satoshi Nakamoto’ created the first cryptocurrency, Bitcoin, crypto has proven to be polarizing. Proponents argue that cryptocurrencies offer a transparent alternative to fiat currencies like the dollar. Crypto transactions are permanently recorded on a decentralized ledger known as a blockchain, making them potentially resistant to censorship. For political dissidents,…


Why Are HubSpot Shares Trading Higher Today?

Analysts mainly hailed HubSpot Inc.’s Q4 performance by raising their price targets on the stock. Mizuho analyst Siti Panigrahi raised the price target on HubSpot to $625 from $500 (16.92 percent upside) and kept a Buy rating on the shares. The company reported strong results once again in Q4 on broad-based strength with a particular edge from Operations…


Wedbush Is Bullish on Shopify, Thanks to Apple

Wedbush analyst Ygal Arounian lowered the price target on Shopify Inc. to $1,270 from $1,296 and reiterated an Outperform rating on the shares. The price target implies an upside of 42 percent. The analyst expects Shopify to report strong results in Q4, with more robust growth earlier in the quarter, offsetting slower overall BFCM and December spending. Questions around Apple…


Nordson Set to Replace Xilinx in S&P 500

S&P MidCap 400 constituent Nordson Corp. looks to replace Xilinx Inc. in the S&P 500 effective before the opening of trading on Tuesday, February 15. S&P SmallCap 600 constituent PDC Energy Inc. will replace Nordson in the S&P MidCap 400, and XPEL Inc. will replace PDC Energy in the S&P SmallCap 600. S&P 500 constituent Advanced Micro Devices Inc.’s acquisition…


Hot Inflation Data Prompts Goldman Sachs to Raise Fed Rate Hike Forecast

Hotter-than-expected inflation numbers have prompted investment bank Goldman Sachs to boost its predictions for the number of times the Federal Reserve will hike interest rates in a bid to cool surging prices. Inflation accelerated in the 12 months through January to a dizzying 7.5 percent, a fresh 40-year high that topped market estimates of 7.3 percent. On…


10-Year US Treasury Rates Yields Hit 2% For First Time Since 2019

U.S. Treasury 10-year yield rates hit above the 2 percent benchmark on Feb. 10, after key inflation data showed larger than expected price pressures, causing the Dow to crater, losing over 500 points. The yield on 10-year Treasury note jumped 12 basis points to about 2.05 percent, the first time since August 2019 when it last…