May 30, 2024
“Shares of Salesforce tumbled 20% Thursday morning, putting the stock on pace for its worst day in nearly 20 years. Its worst trading day on record is July 4, 2004, when shares fell 27% just days after the company went public. The… Continue Reading…
May 30, 2024
“Many consumers are finding it hard to keep up with their bills. To that point, 37% of Americans have been charged a late fee on a bill in the last 12 months, according to a new report by NerdWallet. Credit card late fees were the… Continue Reading…
May 21, 2024
“…The rally began suddenly on Monday, amid reports that the SEC has requested key document updates from potential ETF issuers and exchanges. A spokesperson for the SEC said the agency doesn’t comment on individual filings. Now, investors are reconsidering the… Continue Reading…
May 21, 2024
“Meta Platforms: Implied downside of 24%… Nvidia: Implied downside of 31%… Tesla: Implied downside of 86%…” https://finance.yahoo.com/news/3-magnificent-seven-stocks-plunge-090600935.html This is not hard to predict. When the market crashes tech stocks will take a major hit. Personally I don’t like either Meta… Continue Reading…
May 21, 2024
“Sutro Biopharma (STRO)… “We think that luvelta has the potential to treat up to 80% of PROC patients, a significant improvement over the ~30% eligible for AbbVie’s Elahere (approved FolRα ADC)… Overall, the Strong Buy consensus rating on STRO is based… Continue Reading…
May 20, 2024
“…In the five-year period ending 2023, costs surged 125%. Last year, annual premiums soared about 27% in the state — for the second year in a row — while nationwide the growth rate slowed to nearly 6% from about 15%,… Continue Reading…
May 20, 2024
“Super Hi International jumped 38% in its debut on Nasdaq, giving the operator of Chinese hotpot restaurant chain Haidilao a valuation of about $1.74 billion. Shares opened at $27 per share compared with the initial public offering (IPO) price of… Continue Reading…
May 17, 2024
“Shares of Virgin Galactic (NYSE: SPCE) stock soared 13.5% through 11:45 a.m. ET Monday, and for a most surprising reason: Investment bank TD Cowen lowered its price target on the space stock to $2 per share this morning. Now why would investors look at this… Continue Reading…
May 17, 2024
“And in 2024, it appears that meme stocks are rallying again. On Monday, GameStop’s share price soared by around 70% throughout the day and trading was paused multiple times due to volatility. On top of that, short sellers lost $1 billion due… Continue Reading…
May 15, 2024
“… …” https://www.cnbc.com/2024/05/14/klarna-says-90percent-of-its-employees-are-using-generative-ai-daily.html AI is the future. Get ready for it.
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