Business

“Bank of America downgrades Tesla stock, raises price target saying ‘execution risk is high'”

https://finance.yahoo.com/news/bank-of-america-downgrades-tesla-stock-raises-price-target-saying-execution-risk-is-high-202959359.html I’m not interested in what the article has to say. More importantly Bank Of America is acting like Tesla is a risk? While that may or may not be true Bank Of America itself is a bigger risk because… Continue Reading…

Business, Stocks

“S&P and Moody’s downgrade JetBlue amid $3 billion debt raise, shares sink”

“…Shares of the New York-based company plummeted 19%. JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue. It also plans to raise $400… Continue Reading…

Banking

“Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase”

“A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase“ https://www.cnbc.com/2023/08/15/fitch-warns-it-may-be-forced-to-downgrade-dozens-of-banks.html How does it feel JPMorgan?… Continue Reading…