Zinger Key Points
- After taking a stake in Netflix, Bill Ackman says his firm is retiring from activist short-selling campaigns.
- JP Morgan has dropped Apple from the firm’s Analyst Focus List.
- Discover Fast-Growing Stocks Every Month
Benzinga reviews this weekend's top stories on Barron's, for additional information on the latest market news, Benzinga Pro offers a 24/7 news feed, live chat and charting software.
"First-Time Home Buyers Are Simply Walking Away: ‘We’ve Been Backed Into a Corner’" by Shaina Mishkin, explains that a historic run-up in home prices, a recent surge in mortgage rates, and a stubbornly low inventory of available homes are pushing this slice of the American dream out of the grasp of an increasing number of buyers.
In "Coinbase and MetaMask Warn Over Privacy as Global Crypto Rules Take Shape," Jack Denton writes that Coinbase Global Inc COIN and wallet provider MetaMask are raising privacy concerns about the latest push to regulate crypto assets.
"Apple Stock Was Dropped From J.P. Morgan's 'Focus List.' Blame Declining Consumer Spending," by Karishma Vanjani, outlines the reason JP Morgan has dropped Apple Inc AAPL from the firm’s Analyst Focus List.
"Tellurian Stock Is Upgraded. It's Getting a Boost From Rising Demand for Liquefied Natural Gas," by Sabrina Escobar, reports that shares of Tellurian Inc TELL were surging Friday after the stock was upgraded by Credit Suisse analysts due to optimism over the natural-gas producer’s future projects.
In "Bill Ackman Is Chilling After Netflix," Carleton English writes that after taking a stake in streaming giant Netflix Inc NFLX, Pershing Square Capital Management CEO Bill Ackman said in his annual letter last week, the firm was “permanently retired” from activist short-selling campaigns.
Also in this week's Barron's:
The Inverted Yield Curve Could Be Sending a False Recession Warning
U.S. Investors Should Be Wary of Betting on Japan's Booming Stock Market
House Passes Bill to Legalize Marijuana. What That Means for Cannabis Stocks.
2 Retail Stocks to Avoid Amid Inflation Uncertainty, According to Barclays
At the time of this writing, the author had no position in the mentioned equities.
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