Goldman Sachs Research predicts a strong year for global economic growth in 2025, forecasting a 2.7% increase in global GDP on an annual average basis, just above the consensus. The…
After witnessing heightened volatility in the run-up to the high-voltage 2024 presidential elections, and the Federal Open Market Committee's (FOMC) rate decision, Fed chair Jerome Powell remained cautious in his…
Small-cap stocks could see a significant boost under President-elect Donald Trump’s presidency, potentially doubling their value over the next two years, according to Tom Lee, head of research at Fundstrat. What…
On Friday, the market cap of Tesla Inc. TSLA soared past the $1 trillion mark, a surge attributed to CEO Elon Musk’s bet on President-elect Donald Trump. What Happened: Following Trump’s victory…
Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election. CryptocurrencyPrice Gains +/-Bitcoin BTC/USD $75,833.12+9.5%Ethereum ETH/USD $2,682.34 +11%Solana SOL/USD $188.34+14.3%Dogecoin DOGE/USD $0.1952+15.9%Shiba Inu SHIB/USD $0.00001883+6% Notable Statistics: IntoTheBlock data shows large…
The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when…
HC Wainwright initiated coverage on Vanda Pharmaceuticals, Inc. VNDA, a commercial-stage biopharmaceutical firm primarily focusing on neurological and neuropsychiatry disorders. HC Wainwright sees Vanda as having a well-established commercial portfolio,…
On Tuesday, Novartis AG NVS reported third-quarter sales of $12.823 billion, up 9% (+10% on constant currency), beating the consensus of $12.76 billion. Guidance: Novartis also raised its 2024 full-year…
ARK Investment Management said on Monday that Tesla Inc.’s TSLA driverless ride-hailing plans could unlock $11 trillion in revenue potential, exceeding the total addressable market that ride-hailing companies Uber Technologies Inc.…
On Thursday, ResMed Inc RMD reported first-quarter adjusted EPS of $2.20, up 34% year over year, beating the consensus of $2.04. The company reported sales of $1.224 billion, up 11%,…
Troubled aerospace giant Boeing Co. BA reported a $6 billion third-quarter loss on Wednesday, the company's largest since 2020, amid an ongoing labor strike and a company-wide turnaround effort. Analysts…
Stifel analyst Matthew E. Smith reiterated a Buy rating on Philip Morris International Inc PM, raising the price forecast to $145 from $138. Yesterday, the Marlboro maker reported third-quarter revenue…
Crypto analyst Miles Deutscher anticipates a major rise in Bitcoin BTC/USD and select altcoins in the coming months, signaling potential gains for investors. What Happened: In a recent YouTube video,…
Top economist David Rosenberg, known for predicting the 2008 market crash and recession, is sounding the alarm about a potential stock market crash. Mega-Bubble: In recent notes to Rosenberg Research…
Bitcoin BTC/USD enthusiasts have reason to be optimistic as the Chief Investment Officer of Bitwise, Matt Hougan, has projected that the apex crypto could hit a six-figure price by 2025.…
BofA Securities analyst Lorraine Hutchinson reiterated the Neutral rating on Ulta Beauty, Inc. ULTA with a price objective of $380. The analyst reduced the FY25 EPS estimate by 8% to…
Netflix, Inc. NFLX will release earnings results for its third quarter after the closing bell on Thursday, Oct. 17. Analysts expect the Los Gatos, California-based bank to report quarterly earnings…
As of Oct. 17, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.…
S&P 500 companies’ profit is set to grow for a fifth straight quarter, with the consensus modeling earnings growth of 4.1% for the third quarter. Netflix, Inc.NFLX is the first…
