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Morgan Stanley downgrades Roku to underweight

Roku shares fell on Monday after Morgan Stanley issued a downgrade on the stock. Analyst Benjamin Swinburne argued that while Roku’s stock is up almost 400% year-to-date, the streaming company has “structurally lower gross margins”. Yahoo Finance’s Dan Roberts, Brian Cheung and Sibile Marcellus discuss on YFi AM. …read more […]

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Billionaire Steven Cohen Goes Big on These 3 ‘Strong Buy’ Stocks

After settling with a Federal investigation in 2013, Wall Street trader Steven Cohen restarted his hedge fund operations under a new name, Point72 Asset Management, and with a strict series of internal reforms to toe the line with regulators. Cohen remained in the top spot, and brought in new management to help him steer the company.His success has been impressive. The self-made man from Great Neck, New York has built Point72 into a giant of the hedge fund industry, with over $75 billion in total assets under management. That figure includes more than $19 billion worth of stock holdings, reported …read more […]

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How Amazon is handling Cyber Monday rush

Cyber Monday is one of the biggest shopping days of the year for Amazon. However, the e-commerce giant says they can handle the amount of orders placed. Yahoo Finance’s Krystal Hu joins The First Trade from an Amazon warehouse in Robbinsville, New Jersey to discuss. …read more […]