万贯街娱乐贷fir.im
Partner Center
Trending Video
Go to Video CenterTreasury yields nudge lower ahead of Powell comments and ECB rate decision
After surging to near 3.4% on fears stubborn inflation will cause the Federal Reserve to aggressively hike rates, the 10-year Treasury yield is trading at 3.2%
Roku stock rallies after analyst recommends bears 'take profit' on short positions
Shares of Roku Inc. rallied 1.2% in premarket trading Thursday, after Pivotal Research analyst Jeffrey Wlodarczak backed away from his bearish rating on the streaming platform for TV, citing a "properly balanced" risk-versus-reward profile following this year's selloff. He recommended bearish investors "take profit" on their short positions. The stock, which bounced 2.8% on Wednesday, had closed Tuesday at the lowest price since May 2019, after a year-to-date plunge of 72.1% amid reduced spending by consumers and advertisers. Wlodarczak raised his rating to hold from sell while keeping this stock price target at $60, which still implies 8.5% downside from Wednesday's closing price. "Against what we view as a more encouraging backdrop and a retrenchment in the valuation we no longer view ROKU as a fundamental short at current valuation levels and therefore increased our rating to hold," Wlodarczak wrote in a note to clients.
How to save money and be healthier in retirement, unretirement trends, and calculating the 2023 COLA
News and analysis for those planning for or living in retirement