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Wall Street analysts tend to hide whenever stock markets selloff, as the S&P 500 and NASDAQ did at the beginning of last week. Reiterating buy ratings or taking a premature bearish view on stocks could cost them their reputations and their careers, so investors need to place a heavier weight on whatever new rating is
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#cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.Twitter: https://www.twitter.com/coindeskLinkedIn: https://www.linkedin.com/company/coindeskInstagram: https://www.instagram.com/coindeskFacebook: https://www.facebook.com/CoinDeskNewsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSPMarkets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE
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A quarterly earnings beat hasn’t been enough to reverse the slide in Owens Corning NYSE: OC stock. In mid-morning trading the day after the maker of builder and construction materials delivered its second quarter earnings the stock is down just over 10% for the week. Undoubtedly much of this is due to the sharp,