{
}
Barclays has lowered its price target for Sherwin-Williams to $355 from $385. This adjustment reflects the latest analysis and market conditions impacting the company's valuation.
In a recent memo, Bitwise CIO Matt Hougan predicts that hundreds of companies will adopt Bitcoin for their treasuries within the next 12-18 months, significantly impacting the market. He highlights that 70 publicly traded companies already hold Bitcoin, with MicroStrategy's acquisitions surpassing last year's mined supply. Favorable reputational shifts and new accounting guidelines are expected to drive this corporate adoption, potentially leading to a substantial increase in Bitcoin's price.
The Dow Jones Industrial Average has experienced a nine-day losing streak, the longest since February 1978, during which it fell over 4%. Historically, such declines have been followed by significant rebounds, with a 14% increase over the next three months and a 20% rise in six months. However, the Dow has consistently underperformed the S&P 500, raising concerns about its current valuation relative to projected earnings growth.
The Dow Jones Industrial Average fell 0.4% as investors awaited key inflation data, while Nvidia rallied 1.6% after a previous drop, hovering near a critical support level. Oracle's shares plunged 9% following disappointing earnings, and Tesla gained 3%, extending its win streak. Key inflation reports are set for release this week, influencing market sentiment.
SHERWIN-WILLIAMS
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Sherwin-Williams price target reduced by Barclays to 355 from 385
11:40 01.04.2025
corporate bitcoin adoption set to surge in coming months
Block, Inc.
MicroStrategy Inc
Tesla, Inc.
SHERWIN-WILLIAMS
MARATHON DIGITAL
Semler Scientific, Inc.
Chipotle Mexican Grill, Inc.
Coinbase Global, Inc.
SpaceXCoin USD
USA
Mark Zuckerberg
Michael J. Saylor
Matt Hougan
Show more
14:00 14.01.2025
dow jones faces longest losing streak since 1978 with potential rebound ahead
Microsoft Corporation
GOLDMAN SACHS GROUP
The Home Depot, Inc.
CATERPILLAR
Salesforce, Inc.
Visa Inc.
AMERICAN EXPRESS
UnitedHealth Group Inc
McDonald's Corporation
SHERWIN-WILLIAMS
USA
Show more
10:12 19.12.2024
stock market update trip.com and major players in focus
SHERWIN-WILLIAMS
Tradeweb Markets Inc.
C3.ai, Inc.
BlackRock, Inc.
Ollie's Bargain Outlet Holdings, Inc.
Tesla, Inc.
AutoZone, Inc.
Oracle Corp
Broadcom Inc.
Microsoft Corporation
Trip.com Group Limited
Apple Inc.
NVIDIA Corporation
Embraer S.A.
Amazon.com, Inc.
MongoDB, Inc.
USA
Scott Lehtonen
Show more
14:15 10.12.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
Global Financial Events
Banking Regulations
Workplace Trends
Retail and Consumer Goods
CEO Changes
Domestic Politics
Market Analysis and Predictions
Government Policies
Global Trade Developments
Central Bank Actions
Startups & Entrepreneurship
Elections & Campaigns
Hedge Funds & Private Equity
Supply Chain Management
Financial Scams and Security
Countries:
Companies:
Tesla, Inc.
JPMorgan Chase & Co.
Barclays PLC
Deutsche Bank Money Market PP
UniCredit S.p.A.
Banco BPM S.p.A.
Credit Suisse Lux Digital Healt
Bank of America Corporation
Apple Inc.
BNP Paribas SA
UBS Group AG
The Goldman Sachs Group, Inc.
Banco Santander, S.A.
Commerzbank AG
CREDIT AGRICOLE
Credit Suisse Strategic Income I
SpaceXCoin USD
Lloyds Banking Group plc
Wells Fargo & Company
Amazon.com, Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Danish Krone
Hong Kong Dollar
Australian Dollar
Offshore Chinese Yuan
Canadian Dollar
Mexican Peso
Singapore Dollar
Norwegian Krone
Filipino Peso
Indonesian Rupiah
Russian Ruble
Chilean Peso
People: