Scotiabank Raises Upwork Stock Price Target
Scotiabank increased its price target for Upwork shares to $17 after the company reported better-than-expected profitability.
Tesla Shares Show Volatility Pre-Market
Tesla's stock experienced choppy trading in pre-market hours following the approval of Elon Musk’s $1 trillion compensation package.
Bitcoin Drops to $100,000
Bitcoin’s price fell to $100,000 amid concerns about its valuation, leading to a significant weekly loss.
Gold Prices Rise Amid Weaker Dollar
Gold prices climbed due to a weaker US dollar and increased expectations of Federal Reserve easing measures.
Gold holds strong long-term appeal despite short-term fluctuations.
Outlook on Gold and Bitcoin
According to BCA, gold is expected to perform well over the long term, but Bitcoin's potential for growth is even greater.
Author's summary: Financial markets stirred as Scotiabank upgraded Upwork’s target, Tesla stocks fluctuate amid a huge pay deal, while Bitcoin and gold face mixed prospects shaped by economic concerns and future easing.
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