BlackBerry (BB) Gains As Market Dips: What You Should Know

BlackBerry (BB) closed the most recent trading day at $5.44, moving +0.55% from the previous trading session. This move outpaced the S&P 500’s daily loss of 0.32%. Elsewhere, the Dow lost 0.38%, while the tech-heavy Nasdaq lost 0.4%. Heading into today, shares of the cybersecurity software and services company had lost 2.17% over the past month, lagging the Computer and Technology sector’s gain of 2.58% and the S&P 500’s gain of 2.51% in that time. Wall Street will be looking for positivity from BB as it approaches its next earnings…

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AU Small Finance Bank gains as Edelweiss initiates coverage, sees 24% upside

Edelweiss Securities has initiated coverage on AU Small Finance Bank with a buy rating and target price of Rs 880 apiece, implying 24 percent potential upside from current levels. At 0916 hours IST, it was quoting at Rs 712, up Rs 3.85, or 0.54 percent on the BSE. The non-banking finance company continues to deliver high loan growth without any asset quality incident and 30 percent-plus asset CAGR remains plausible for an extended period, the brokerage said. It feels operating and financial leverage will continue to play through and return on average…

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