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Top related persons:
TD Cowen - 3 Stephen Glagola - 3 Taylor Swift - 2 Bruce Springsteen - 2 haven't - 2 Mario Ihieme - 2 Paul Donovan - 2 Harry Styles - 2
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U.S Asia GLASTONBURY England London Seattle Mexico City Los Angeles
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LOS ANGELES - 2 National Statistics - 2 UBS Global Wealth Management - 2 Stubhub - 2 Ticketmaster - 2 U.S . Labor Department - 2 Backstreet - 2 Live Entertainment - 2

Search resuls for: "Stephen Glagola"


10 mentions found


☆ Beyonce-flation? How stars are driving prices up as fans flock to concerts
  + stars: | 2023-06-27 | by ( Dawn Chmielewski Danielle Broadway Sachin Ravikumar | Dawn Chmielewski | Danielle Broadway | ) www.reuters.com   time to read: +6 min
The cost of certain goods is retreating in some places, but that doesn't include live music. Concert tickets have surged in price, to the point where economists are noticing. While ticket prices have increased, he said, mid-year figures haven't shown an appreciable rise since May 2022, when U.S. inflation was 8.6%. In India, fans are happy to pay a premium for quality entertainment, according to Owen Roncon, chief of business for Live Entertainment at BookMyShow. In Britain, about 150,000 music fans paid 340 pounds ($431)for a ticket to June's Glastonbury festival to see Elton John and hundreds of other acts.
Persons: Taylor Swift, Bruce Springsteen, haven't, Mario Ihieme, Paul Donovan, Harry Styles, Joel Barrios, Carolina Candelas, Andy Gensler, Pollstar, TD Cowen, Stephen Glagola, Elton John, Jason Cairnduff, Bruno Mars, Coldplay, Fairuz Zahari, Ed Sheeran, Owen Roncon, Eventbrite, Michael Rapino, Beth Cook, Dawn Chmielewski, Danielle Broadway, Sachin Ravikumar, David Milliken, Sharon Kimathi, Rozanna, Radhika Anilkumar, David Gaffen, Catherine Evans Organizations: LOS ANGELES, National Statistics, UBS Global Wealth Management, Stubhub, Ticketmaster, REUTERS, U.S . Labor Department, Backstreet, Live Entertainment, Backstreet Boys, Entertainment, Thomson Locations: Asia, U.S, GLASTONBURY, England, London, Seattle, Mexico City, Los Angeles, Europe, Barcelona, Glastonbury, Somerset, Britain, Malaysia, Australia, India, Leeds, Kuala Lumpur, Bangalore
☆ Popstars could be powering inflation as concert prices surge
  + stars: | 2023-06-27 | by ( Dawn Chmielewski Danielle Broadway Sachin Ravikumar | Dawn Chmielewski | Danielle Broadway | ) www.reuters.com   time to read: +6 min
The cost of certain goods is retreating in some places, but that doesn't include live music. Concert tickets have surged in price, to the point where economists are noticing. Event prices in UK inflation data are based on when shows take place, not when tickets are bought. While ticket prices have increased, he said, mid-year figures haven't shown an appreciable rise since May 2022, when U.S. inflation was 8.6%. The U.S. Labor Department does not specifically measure inflation for concert prices, but the inflation rate for live performing admission events is currently 2.6 percentage points more than U.S. headline inflation.
Persons: Taylor Swift, Bruce Springsteen, haven't, Mario Ihieme, Paul Donovan, Harry Styles, Joel Barrios, Carolina Candelas, Andy Gensler, Pollstar, TD Cowen, Stephen Glagola, Bruno Mars, Coldplay, Fairuz Zahari, Ed Sheeran, Owen Roncon, Eventbrite, Michael Rapino, Elton John, Beth Cook, Dawn Chmielewski, Danielle Broadway, Sachin Ravikumar, David Milliken, Sharon Kimathi, Rozanna, Radhika Anilkumar, David Gaffen, Catherine Evans Organizations: LOS ANGELES, National Statistics, UBS Global Wealth Management, Stubhub, Ticketmaster, U.S . Labor Department, Backstreet, Live Entertainment, Backstreet Boys, Entertainment, Thomson Locations: Asia, U.S, GLASTONBURY, England, London, Seattle, Mexico City, Los Angeles, Europe, Barcelona, Malaysia, Australia, India, Britain, Leeds, Glastonbury, Kuala Lumpur, Bangalore
☆ 'There's a long runway for growth' in F1 racing, says TD Cowen's Stephen Glagola
  + stars: | 2023-06-05 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'There's a long runway for growth' in F1 racing, says TD Cowen's Stephen GlagolaStephen Glagola, TD Cowen analyst, joins 'Last Call' to talk Liberty Media Formula One, F1 racing in the U.S. and more.
Persons: Cowen's Stephen Glagola Stephen Glagola, TD Cowen Organizations: Liberty Media Locations: U.S
☆ Formula One shares can rally nearly 40% thanks to favorable commercial rights deal
  + stars: | 2023-06-05 | by ( Brian Evans | ) www.cnbc.com   time to read: +1 min
TD Cowen thinks Liberty Formula One Group Class A stock can see big gains going forward. The firm initiated coverage of the auto racing series with an outperform rating and a $90 per share price target, implying upside of nearly 40% from Friday's close. He also noted the company's lock on commercial rights to the World Championship, which could yield more upside from revenue derived from fees. Formula One Class A shares are up more than 20% year to date. FWONA YTD mountain Formula One Class A stock has notched an impressive 21% gain from the start of the year.
Persons: Cowen, Stephen Glagola, Glagola, — CNBC's Michael Bloom Organizations: One, FIA, Netflix Locations: Friday's
☆ Coinbase could tumble more than 45% as prolonged SEC battle unfolds, TD Cowen says
  + stars: | 2023-03-24 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
A prolonged battle with the U.S. Securities and Exchange Commission will weigh on shares of Coinbase near term, according to TD Cowen. Stephen Glagola downgraded shares of the cryptocurrency exchange operator company to underperform, citing "incremental risk to operations" as the SEC cracks down on crypto banking. The downgrade from TD Cowen comes after the SEC this week issued a Wells notice to Coinbase that warned the company of potential U.S. securities law violations. Glagola also views Coinbase's staking business at risk after Kraken shuttered its own staking operations in a settlement with the SEC . A forced closure of this business would weigh on a component of Coinbase's subscription and services revenue, Glagola wrote.
☆ Thought last year was bad for crypto? From FTX to Silvergate, the red flags are flying for the year ahead.
  + stars: | 2023-01-06 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
Those realizations came to head repeatedly in 2022 as crypto hacks and a wintry bear market crescendoed with the collapse of Sam Bankman-Fried's FTX. On a macro level, persistent recession fears make speculative assets such as tokens or tech stocks less enticing. More notable is crypto bank Silvergate's nearly 50% plunge Thursday, and the company's announcement it would cut 40% of its staff. Job cuts at Amazon and Salesforce signal the first necessary step in staging a turnaround for tech stocks. All told, analysts predict layoffs could catalyze a 20% rally for tech stocks in 2023.
☆ Cowen downgrades Coinbase as crypto companies face elevated scrutiny after FTX implosion
  + stars: | 2023-01-05 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
It's time to take a pause on shares of Coinbase as the company faces potential scrutiny in the wake of FTX's blowup and retail trading volumes decline, Cowen said. Analyst Stephen Glagola downgraded shares of the crypto exchange operator to market perform from outperform, citing a difficult macro backdrop and FTX-fueled crypto concerns unlikely to subside near term. "There is low visibility per stabilization in retail trading volumes in 2023 following further December deterioration," he wrote. Coinbase shares plummeted 86% in 2022, slumping 34% alone since FTX filed for bankruptcy in November . The price cut suggests more than 4% downside from Wednesday's close.
☆ 2 more alarms just went off, signaling a dire year ahead for crypto
  + stars: | 2023-01-05 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
The ongoing weakness in crypto spread to Coinbase on Monday, which fell 13% as trading volumes remain light. Customers withdrew $8.1 billion in deposits in a run on the bank after the implosion of FTX rocked the crypto market. The shakiness of crypto confidence is impacting Coinbase as well, which fell on Thursday to levels just above its all-time low. The decline in Coinbase stock came after Cowen downgraded the company to "market perform" on concerns that retail trading volumes have not yet stabilized. That's a problem for Coinbase because retail trading makes up the bulk of its profits.
☆ Coinbase will benefit from FTX fallout, says Cowen's Stephen Glagola
  + stars: | 2022-11-14 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoinbase will benefit from FTX fallout, says Cowen's Stephen GlagolaStephen Glagola, Cowen, joins 'Closing Bell' to discuss Coinbase after news of FTX collapsing.
☆ Coinbase jumps after Wall Street cheers cost-cutting measures, active user numbers
  + stars: | 2022-11-04 | by ( Carmen Reinicke | ) www.cnbc.com   time to read: +4 min
Active user jump Where analysts see the potential for optimism in Coinbase's report is in its reported active monthly users. While active monthly users dipped in the quarter to 8.5 million from 9 million, the company handily beat Wall Street's expectations of 7.84 million monthly active users. Budish also lowered his price target after management's guidance but maintained his equal weight rating on the Coinbase. The result was that lower trading volume drove Coinbase trading revenue to the lowest level since becoming a public company." Cowen has an outperform rating on shares of Coinbase and a $75 price target, albeit down from an earlier $85.
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