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Banking

“Russia central bank more than doubles key interest rate to 20% to boost sinking ruble”

“Russia’s central bank on Monday more than doubled the country’s key interest rate from 9.5% to 20% as its currency, the ruble, hit a record low against the dollar on the back of a slew of new sanctions and penalties imposed on Russia… Continue Reading…

Stocks

“Investing in These 3 Stocks Could Double Your Money, Says Oppenheimer”

“Enovix (ENVX)… Are other analysts in agreement? They are. Only Buy ratings, 3 to be exact, have been issued in the last three months. Therefore, the message is clear: ENVX is a Strong Buy. Given the $29.67 average price target, shares… Continue Reading…

Stocks

“General Electric stock could potentially double: Goldman Sachs”

“…”We view GE as the ultimate self-help, re-opening levered story in Industrials,” said Goldman Sachs analyst Joe Ritchie in a new research note on Tuesday. The analyst slapped a $16 price target on GE’s stock, representing about a 22% upside… Continue Reading…

Economy

“China’s economy could double in size by 2035 — and surpass the U.S. along the way”

“China stands a good chance of doubling the size of its economy by 2035 — and surpassing the U.S. as the world’s largest economy along the way, said an economist from the Bank of America. As China seeks to become an advanced… Continue Reading…

Stocks

“Oppenheimer: These 2 Stocks Could Double, If Not More”

“NeuBase Therapeutics (NBSE)… Are other analysts in agreement? They are. Only Buy ratings, 4 to be exact, have been issued in the last three months. Therefore, the message is clear: NBSE is a Strong Buy. Given the $16.50 average price… Continue Reading…

Investing

“What Is the Rule of 70, and How Do You Use It?”

“The rule of 70 is used to determine about how long it will take an investment to double in size while growing at a consistent rate of return. The rule is far from exact, but it can nonetheless help you figure out… Continue Reading…

Stocks

“These 3 Penny Stocks Could Double (Or More), Says BTIG”

“Venus Concept (VERO)… To this end, Thibault rates VERO a Buy along with a $7 price target. This target conveys the analyst’s confidence in VERO’s ability to climb 231% higher from current levels… Minerva Neurosciences (NERV)… What does the rest… Continue Reading…

Business, Stocks

“Immunomedics shares double after Gilead agrees to buy the cancer drugmaker in $21 billion deal”

“Gilead Sciences will acquire biotech company Immunomedics in a $21 billion deal that will expand Gilead’s availability of cancer treatments, the companies announced on Sunday.  Shares of Immunomedics surged more than 100% in premarket trading Monday. The deal will provide Gilead access to the drug Trodelvy, a… Continue Reading…

Stocks

“Taronis Technologies stock doubles on massive volume after deciding against reverse stock split”

“Shares of Taronis Technologies Inc. TRNX, +65.56% more than doubled on massive trading volume Thursday, after the fuel generation and water decontamination company said it decided not to pursue a reverse stock split. The stock soared 124% in afternoon trading, but was still… Continue Reading…

Stocks

“Wayfair stock soars 38% as business more than doubles…”

“Wayfair Inc. stock soared 38.3% in Monday premarket trading after the e-commerce home retailer said business skyrocketed amid the coronavirus pandemic. Wayfair went into March with gross revenue up just below 20%, consistent with January and February. However, business more… Continue Reading…