Today in the News
‘Semiconductors Are The New Oil:’ Wealth Manager Says Saudi Arabia’s Need For Data Centers Is Nudging It Toward Historic US Talks
Following a report that said the U.S. and Saudi Arabia are nearing a historic pact that would offer the latter security guarantees and lay out a possible pathway to diplomatic ties with Israel, an investment advisor weighed in on what may have precipitated the...
Check Out What Whales Are Doing With UBER
Financial giants have made a conspicuous bearish move on Uber Technologies. Our analysis of options history for Uber Technologies (NYSE:UBER) revealed 23 unusual trades. Delving into the details, we found 47% of traders were bullish, while 52% showed bearish...
Rivian Production At Risk? Illinois Plant Hit By Second Fire Accident In A Week
A fire broke out at EV maker Rivian Automotive Inc.‘s (NASDAQ:RIVN) plant in Normal, Illinois, on Monday afternoon. What Happened: The fire, whose cause remains unknown, destroyed a semitrailer in a loading dock on the south end of the plant and damaged another, the...
Apple’s Imminent Product Launches Aims to Revitalize Its Stock After a 12% Decline in 2024, Potentially Setting a New Course for Investors
Apple has planned a digital launch event for May 7. Investors are closely watching to see if the upcoming product launches will provide the momentum needed for Apple's stock to rebound. With a digital launch event scheduled for May 7, Apple Inc (NASDAQ:AAPL) is on...
Gold Could Rally to $3,000 this Year
With markets pulling back on GDP numbers, gold prices are still pushing aggressively higher. Last checked, the metal was up to $2,325.84. From here, analysts say it could rally to $2,500, even $3,000 by the end of the year. That’s according to David Rosenberg, the...
EXCLUSIVE: Virax Biolabs Launches Immune Profiling Solutions To Evaluate Adaptive Immunity In Post-Viral Syndromes
Thursday, Virax Biolabs Group Limited (NASDAQ: VRAX) announced it is launching ‘ImmuneSelect' within the ViraxImmune T-Cell diagnostic platform for research-use-only (RUO) at the European Society of Clinical Microbiology and Infectious Diseases Global 2024 Congress....
Top 3 Industrials Stocks That Are Set To Fly In April
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a...
Apple Is A ‘Top Stock Pick For 2024,’ Analyst Says: 4 Catalysts To Look For In Next Earnings Report
Apple Inc. (NASDAQ:AAPL) is gearing up to report its fiscal second-quarter (Q2) earnings. Wall Street expects the Cupertino, California-based company to report $1.51 in EPS and $90.83 billion in revenue on May 2 after the market closes. Until then, Apple analysts are...
Top Hurricane Stocks to Buy Ahead of a Predicted Busy Season
With hurricane season nearing, it’s time to consider storm-prep stocks. After all, according to The Weather Channel, the 2024 hurricane season could be one of the most active on record. “The outlook issued on Thursday calls for 24 named storms, 11 of which will become...
Exploring The Competitive Space: Eli Lilly and Co Versus Industry Peers In Pharmaceuticals
Amidst today's fast-paced and highly competitive business environment, it is crucial for investors and industry enthusiasts to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Eli Lilly and Co...