Stock Market
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SoFi Faces Stock Drop, Analysts Split on Long-Term Outlook
Key Takeaways: SoFi Technologies (NASDAQ: SOFI) saw its stock suffer a sharp fall on Wednesday taking it down by 6.66% to close at $12.20. The decline continued into Thursday morning, as the stock narrowly dips again to $12.10 making it a total loss of 20.8% since the start of the year. Although they had a…
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Tesla’s to hit 90% Upside Despite Market Struggles: Analyst’s Bold Call
Key Takeaways: So far this year, Tesla stock has been under intense stress across the board, but Wall Street analysts are are predicting a bullish forecasts. Piper Sandler’s Alexander Potter recommends Tesla with ‘Overweight’ and pegs a price target of $450 suggesting potential upside of 90% compared to current prices. Although, the market isn’t convinced.…
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Amazon’s Performance Through Recessions and Market Shifts
Amazon performance in stock market has always been an upward trend. Last year, the company soared with a 44% jump as investors rushed towards companies that heavily bet on artificial intelligence (AI). But with economic uncertainty looming, questions remain if Amazon can withstand a potential recession. A look at its past performance offers some clues.…