With earnings season in full swing, things are almost certain to get more volatile. But that doesn’t mean you should completely bail on stocks.
“Historically, a Fed tightening cycle that is accompanied by accelerating growth tends to be associated with strong returns and relatively low volatility,” Oppenheimer added. More importantly, management completed a US$25 billion debt tender transaction, effectively reducing its gross debt by US$87 billion over three years.
Coinbase operates the largest cryptocurrency exchange in the U.S., earning a transaction fee every time someone buys or sells on the platform. Right now, cryptos aren’t exactly hot commodities. With a price target of US$288, Goldman is projecting more than 60 per cent upside in Coinbase shares.Software giant Microsoft has been bucking the market downtrend over the past few days with some positive headlines.