Top 10 things to watch on Friday, April 5th
- Wall Street’s early gains on Friday slowed on strong payroll growth and higher wage growth. Bond yields are rising as the possibility of an already uncertain June rate cut by the U.S. Federal Reserve becomes less likely.
- The U.S. economy created 303,000 nonfarm jobs in March. This far exceeded the expected number of 200,000. Average hourly wages increased by 4.1% compared to the same period last year. A good combination, indicating a strong economy and good inflation. The unemployment rate fell to 3.8%, as expected. The participation rate was 62.7%.
- Where does the oil come from? Where did the surplus go? usa crude oil Prices pushed up to $87 per barrel, brentby international standards, has exceeded $90 as supplies dwindle due to growing concerns over wars in Ukraine and the Middle East.
- Barclays will work with other companies to finance refiners and MLPs. There is no added value at this point.
- Mizuho’s Amazon Web Services customer survey signals a tipping point for cloud migration.Good news for club name Amazon.
- alphabet I might buy HubSpot. Does Google’s parent company even know what it’s doing?Canaccord raises price target hubspotclub name competitors sales force.
- Both are extremely important target price hikes Netflix and spotify Because we love subscription revenue streams.
- Roku Morgan Stanley’s price target lowered. sell. There is little evidence for this.
- RBC upgraded Eaton’s stock rating from hold to buy.
- johnson & johnson Shockwave will be acquired for $335 per share in cash, or $12.5 billion. Shockwave is a medical technology company that manufactures cardiovascular interventional devices.
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