Amazon's stock has basically priced in elevated inflation and a potential recession, Jefferies long-time tech analyst Brent Thill says, meaning that it's an attractive investment.
Investors were hot on all manner of stocks Tuesday, but some were only cool on the prospects for Meta Platforms (NASDAQ: META). The market was weighing a good news/bad news research update on Meta stock from a prominent bank. Before market hours, Bank of America analyst Justin Post published a new note on top internet stocks.
(Bloomberg) -- Celsius Network Ltd., the crypto lender that filed for bankruptcy, said that co-founder Daniel Leon resigned this week. “We confirm that Daniel Leon resigned from his position at Celsius and is no longer part of the organization,” the company said in a statement Tuesday to Bloomberg News.Fellow co-founder and Celsius chief executive officer, Alex Mashinsky stepped down last week. The once high-lying crypto lender is going through bankruptcy after having left thousands of investors