Coinbase is delisting some stablecoins in Europe this year. Here’s what it could mean for the crypto stock

Coinbase is delisting some stablecoins in Europe this year. Here’s what it could mean for the crypto stock

Coinbase’s move to delist some stablecoins this year could help the company’s bottom line, according to one analyst. The crypto exchange operator said Friday it will delist stablecoins in Europe that are not compliant with requirements of the Markets in Crypto-Assets regulation, the celebrated European Union crypto law that will fully take effect Dec. 30….

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Thursday’s analyst calls: Medical device stock a buy, JPMorgan says sell this discount retailer

Thursday’s analyst calls: Medical device stock a buy, JPMorgan says sell this discount retailer

(This is CNBC Pro’s live coverage of Thursday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A medical device maker and a discount retailer were among the stocks being talked about by analysts. Piper Sandler initiated Abbott Laboratories with an overweight rating. Meanwhile, JPMorgan downgraded Five Below…

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Stocks are little changed as traders debate how big the Fed’s anticipated rate cut will be: Live updates

Stocks are little changed as traders debate how big the Fed’s anticipated rate cut will be: Live updates

Traders react on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell during a news conference following a Fed rate announcement, in New York City, July 27, 2022. Brendan Mcdermid | Reuters Stocks were little changed Wednesday as Wall Street anticipated the first Federal Reserve…

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