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Stocks

“Apple Signal of AI Intent Unleashes $112 Billion Stock Surge”

April 17, 2024

“…Apple’s decision to overhaul its Mac computer line to focus on artificial intelligence, as reported by Bloomberg, struck a chord with investors, sending the stock up 4.3% and adding $112 billion in value in its best performance in nearly a… Continue Reading…

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Precious Metals

“Gold boosted to new records as China beefs up reserves”

April 10, 2024

“… By the numbers: Bullion still makes up a large portion of global central bank reserves. …” https://www.axios.com/2024/04/08/gold-record-highs

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Business, Stocks

“H&M shares jump 14% as profit smashes expectations”

April 1, 2024

“Shares of H&M leapt 14% in early deals on Wednesday, after the Swedish retailer significantly beat profit expectations for its fiscal first quarter. Operating profit rose to 2.08 billion Swedish kronor ($196 million), versus the 1.43 billion kronor forecast in a poll of… Continue Reading…

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Stocks

“2 Soaring Growth Stocks That Could Climb Another 47% to 73%, According to Wall Street”

March 29, 2024

“Shares of Viking Therapeutics (NASDAQ: VKTX) are up about 275% in 2023, but analysts on Wall Street think it isn’t finished climbing yet. The consensus price target on the clinical-stage biotech stock suggests a 47% gain could be up ahead…. Shares of Iovance Biotherapeutics (NASDAQ: IOVA) have more… Continue Reading…

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Business, Stocks

“Viking Therapeutics stock jumps more than 15% on promising weight loss pill data”

March 29, 2024

“Viking Therapeutics shares closed more than 15% higher on Tuesday after the company said its experimental weight loss pill showed positive results in a small study and will enter the next stage of development later this year… Viking is one of several small… Continue Reading…

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Stocks

“Shares of Micron pop 14% on earnings beat driven by AI boom”

March 28, 2024

“… Here’s how the company did: Micron said revenue rose to $5.82 billion from $3.69 billion in the year ago quarter. The company reported a net income of $793 million, up from a net loss of $2.3 billion in the… Continue Reading…

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Stocks

“Amazon gets boost from 72% [increase] in AI company Astera Labs’ IPO”

March 28, 2024

“…Shares of Astera Labs, which sells data center connectivity chips to cloud and AI infrastructure companies, soared 72% in their Nasdaq debut, closing at $62.03. That gives Astera a market cap of close to $9.5 billion…” https://www.cnbc.com/2024/03/20/amazon-gets-boost-from-72percent-pop-in-ai-company-astera-labs-ipo.html The AI sector is… Continue Reading…

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Economy

[U.S.] “…Francis Scott Key Bridge collapse ‘will spark US food & car supply [chain] issues…’” [Increased Prices]

March 27, 2024

“THE… bridge collapse in Maryland will result in widespread disruption to trade but Americans are set to avoid a return to the supply chain chaos seen during the Covid-19 crisis, experts have said. Shipping has been suspended at the Port… Continue Reading…

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Economy

“Lyft and Uber say they’ll leave Minneapolis after city requires drivers to be paid more”

March 21, 2024

“MINNEAPOLIS — Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of… Continue Reading…

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Economy

“Consumer prices rose 0.4% in February and 3.2% from a year ago”

March 14, 2024

“… …” https://www.cnbc.com/2024/03/12/cpi-inflation-report-february-2024-.html

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