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Wu Blockchain· 2026-08-25 13:41
Goldman Raises Coinbase PT to $196; Canaccord Lifts Strategy to $175CNBC reported that Goldman Sachs maintained its Buy rating on Coinbase (COIN) and raised its price target to $196 from $173, citing additional upside from a sustained improvement in the crypto market and continued growth in newer businesses including derivatives and prediction markets. Canaccord also maintained its Buy rating on Strategy (MSTR) and lifted its target to $175 from $130, saying the setup for MSTR has materially improved in rec ...
There are pockets of the market that look a lot more rational now, says BofA’s Savita Subramanian
CNBC Television· 2026-08-25 12:29
Joining us now with more on the markets, Sevita Superman, head of US equity and quantitative strategy at BFA securities. When we do Okay, we got to 7,800. At 7,800 on S&P, you're like, oh, damn.Um, what what are we going to do. Do I need to do anything with my Are you still at 7100. >> We are at 7100.>> Okay, so you're you're wondering, okay, 10% it's not the end of the world. Um, but then it gets all of a sudden down to 7,600 and looks lower. You still think this is going to be borne out before the end of ...
Treasury Can Send Strong Signal to Market, Swiber Says
Bloomberg Television· 2026-08-25 12:28
Meghan joined us now for more. Meghan, good morning. Good morning, John.Have you seen enough so far to get along the long end. You know, John, I have been thinking back to the start of my career at the markets group of the Federal Reserve. And at the time, we were using buybacks really as just a a test operation, and it was something that was used years ago to buy back debt if the US government was running a surplus.We've certainly seen a very notable pivot from the use of that tool really only very sporadi ...
Retail Sales Drop In July 8/25/26
CNBC Television· 2026-08-25 07:00
With a CNBC your money minute, I'm Jessica Ettinger. Did you cut back on your spending in July. Retail sales from June to July dropped the most in a year.>> Retail sales were disappointing, but I think there's some explanatory factors for that. >> That's the Wilmington Trust's Megan Shu on CNBC. June came in strong.Gas prices were falling, but when the US and Iran memorandum of understanding fell apart, gas prices rose again. Economists really aren't sure what happened last month, but Amazon did have its Pr ...