September 4, 2024
“…COMPASS Pathways (CMPS)… Morgan Stanley analyst Vikram Purohit, who covers the stock, sees CMPS as presenting a compelling risk-reward opportunity. He highlights the company’s leading clinical program… To this end, Purohit rates CMPS shares an Overweight (i.e. Buy), and his $23 price… Continue Reading…
September 4, 2024
“…Morningstar’s model — which assumes a hardly guaranteed status quo for Social Security benefits in the future — predicts that 45% of U.S. households will run short of money in retirement. For a large chunk of Americans, that could mean returning to… Continue Reading…
September 4, 2024
“Canada on Monday said would impose 100% import tariffs on China-made electric vehicles, as well as a 25% tariff on steel and aluminum imports from China. Canada said its EV, steel and aluminum industries face “unfair” competition from China, and… Continue Reading…
August 26, 2024
“…Shares of the company rose 9% in extended trading. The stock has more than doubled its value this year, bringing Cava’s market cap up to about $11.6 billion, as of Thursday’s close… The Mediterranean restaurant chain reported fiscal second-quarter net… Continue Reading…
August 22, 2024
“…The company’s shares rose more than 15% in morning trading. Here’s how the Bike and Tread maker performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: For the three-month period that ended June… Continue Reading…
August 22, 2024
“Vice President Kamala Harris is calling for raising the corporate tax rate to 28%, her first major proposal to raise revenues and finance expensive plans she wants to pursue as president…” https://www.cnbc.com/2024/08/19/harris-proposes-raising-the-corporate-tax-rate-to-28percent-rolling-back-a-trump-law.html Americans are overtaxed as is. We’re being robbed… Continue Reading…
August 22, 2024
“Bookings for domestic travel over the US Labor Day weekend are up 9% from last year, according to motor club AAA. While the estimate only includes travel booked through AAA, the data adds to a sanguine picture for summer fuel… Continue Reading…
August 22, 2024
“Cisco reported its third straight quarter of declining revenue, wrapping up its first full fiscal year drop since 2020. The company said it’s cutting 7% of its global workforce. Earnings and revenue topped analysts’ estimates. Prior to Wednesday’s close, the… Continue Reading…
August 20, 2024
“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) fell slightly to 6.54% from 6.55%. The refinance share of mortgage activity increased to 48.6% of total applications from 41.7% in the previous week.… Continue Reading…
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