Stocks getting a boost to end the week on the back of a big jobs report. Plus – yes you know it was coming – Bitcoin. We break down it’s biggest week, and why ‘cold storage’ is the new buzz word. And – Washington will be back in the fore next week – we have the three big things, to watch out for. Plus – will the force be with Disney? A big upcoming release, and a huge deal with an arch rival, are the latest plot twists. Catch The Final Round at 3:55 p.m. ET with Jen Rogers and Yahoo Finance’s Andy Serwer, Myles Udland and Dan Roberts.
Winners and losers
Stocks in the red today include American Outdoor Brands as the Smith & Wesson parent reported a 90% drop in quarterly profit from a year ago, La Jolla Pharmaceuticals as JPMorgan downgraded shares of the drugmaker to ‘underweight’ with a $20 price target, and Himax Technologies – shares of the chipmaker under pressure after Citron Research accused management of fraud. Himax responded, calling the claims ‘baseless.’
Stocks getting a boost today include Alexion Pharmaceuticals as the Times reports activist fund Elliot Management has built a stake in the company, Sage Therapeutics up day 2 following strong results for its depression treatment, and Microsoft – shares rising on the back of a bullish UBS note, with analysts expecting the company to invest heavily in it’s most profitable unit, Azure cloud computing.