Scotiabank Increases Upwork Stock Target to $17
Scotiabank has raised its price target for Upwork shares to $17 following the company’s strong profitability results.
Tesla Shares Show Volatility After Musk’s Pay Package Approval
Tesla stock experienced choppy trading in premarket hours after shareholders approved Elon Musk’s $1 trillion compensation plan.
Bitcoin Price Drops to $100,000 Amid Valuation Concerns
Bitcoin's value fell to $100,000, driven by rising concerns about overvaluation and resulting in a significant weekly loss.
Gold Prices Climb Due to Weak Dollar and Fed Easing Expectations
Gold prices have increased, supported by a weaker U.S. dollar and speculation that the Federal Reserve may ease monetary policy, maintaining its long-term attractiveness.
"Gold will do well long term but Bitcoin will do even better," said BCA.
Overall, Scotiabank’s optimism on Upwork reflects solid earnings, while market dynamics for Tesla, Bitcoin, and gold highlight shifting investor sentiments and economic outlooks.