‘Roaring Kitty’ post seems to show trader held on to giant GameStop stake after Monday’s rally
Meme stock leader Keith Gill, who’s behind GameStop’s recent roller-coaster ride, appeared to hold on to his large position in the video game retailer even after Monday’s big rally. Gill, whose handle is “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube and X, posted another screenshot of his portfolio showing the same common stock and call option […]
TSX falls the most in three months as BMO tumbles
Canada’s main stock index fell to a near four-week low on Wednesday as Bank of Montreal reported disappointing results and investors worried borrowing costs would remain elevated for longer than previously expected, slowing economic growth. The Toronto Stock Exchange’s S&P/TSX composite index (.GSPTSE), opens new tab ended down 367.07 points, or 1.65%, at 21,897.98, its lowest closing […]
Bank of America sees continued buyback strength
Analysts at BofA said in their weekly client flow trends note that they saw continued buyback strength last week. There were “more near-record buybacks,” according to the investment bank, with the third-largest in their weekly history since 2010. As a percentage of market cap BofA notes they have been tracking above typical seasonal levels for […]
Morgan Stanley lifts TSMC price target on semiconductor demand upside from Apple AI
Morgan Stanley upped on Monday their price target for Taiwan Semiconductor (TSM) stock, growing demand for AI semiconductors after Apple’s (AAPL) recently unveiled AI strategy. The new price target for TSMC is set at NT$1,080, which represents around 17% potential upside from the current levels. Morgan Stanley analysts said the adjustment reflects the anticipated higher […]