Top Wall Street calls on Wednesday include Tesla, Apple & Salesforce

Here are Wednesday’s biggest calls on Wall Street: Deutsche Bank upgrades Pool Corp to buy from hold Deutsche said the pool company has “increased conviction” in residential new construction which is beneficial to Pool Corp. “Importantly, we sense a growing optimism around the recovery path for housing, which could drive relative multiples back toward levels … Read more

Critical inflation report could be the key to the week ahead, as the Fed meets

The Federal Reserve’s policy meeting is the big event in the coming week, but Tuesday’s consumer inflation report could hold more sway for markets and even help set the central bank’s agenda. The consumer price index is unlikely to impact the Fed’s decision to raise rates by a widely anticipated half percentage point Wednesday. But … Read more

CIO shares stock picks to weather volatility in policy and inflation

Overly loose fiscal and monetary policy during Covid-19 was a “mistake,” according to the chief investment officer of asset management firm Antipodes Partners. Jacob Mitchell told CNBC’s “Street Signs Europe” Friday he expects to see a flip back to central banks “loosening policy aggressively” within 12 to 18 months to deal with the recessions set … Read more

Who texted Elon Musk to get involved or offer advice on Twitter deal?

Elon texted his brother Kimbal Musk, an entrepreneur and Tesla board member, on Apr. 9: I have an idea for a blockchain social media system that does both payments and short text messages/links like twitter. You have to pay a tiny amount to register your message on the chain, which will cut out the vast … Read more

Figma growing inside Microsoft, testing longtime deal with Adobe

Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Microsoft and Adobe have been friendly bedfellows for decades. Microsoft’s dominant PC operating system has been the gateway for Adobe to reach millions of business users with its design software. The companies’ CEOs even … Read more

Binance backing for Elon Musk’s Twitter bid boosts ‘Web3’ vision

Binance is the world’s largest crypto exchange, handling billions of dollars in trading volumes on a daily basis. STR | NurPhoto via Getty Images Bitcoin exchange Binance’s move to participate in Elon Musk’s $44 billion takeover of Twitter could boost digital currency evangelists’ hopes for the development of a more “decentralized,” crypto-friendly social media platform. … Read more

The Nasdaq is down more than 10% this year. Here are Wall Street's top picks to buy the dip

As tech stocks endure a broad sell-off this year, Wall Street analysts name some of their top stocks to buy right now.

Didi 44% stock plunge leaves SoftBank and Uber with weak returns

Cheng Wei, chairman and chief executive officer of Beijing Xiaoju Keji Didi Dache Co., pauses at the Boao Forum For Asia Annual Conference in Boao, China, on Wednesday, March 23, 2016. The annual event sees business and political leaders come together and runs from March 22 to 25. Qilai Shen | Bloomberg | Getty Images … Read more

Google cloud device mixes partnerships and sales teams, says email

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images While Google is trying to gain market share in cloud computing from major rivals Amazon and Microsoft, the company’s cloud division is reorganizing again, this time by shifting leadership … Read more