UK Election: How It Works And Which Markets Could Be Affected
UK PM Rishi Sunak has called a general election for July 4. Labour Party could win, changing the ruling party & PM. Electoral Commission prepares.
Eli Lilly Struggles To Keep Pace With Mounjaro, Zepbound Demand: ‘Currently Unavailable’ On Amazon Pharmacy
Eli Lilly's stock skyrockets but now trading sideways as demand for weight-loss drugs outpaces supply. Availability issues lead to FDA shortages.
Arbutus Stock Soars 20% After Court Rules Against Moderna In Covid Vaccine Patent Claim
Arbutus Biopharma soared more than 20% on Wednesday, April 3, after the company received permission to pursue a claim against Moderna in court.
Semiconductor Supply Chain Fears: Counting The Cost Of Taiwan’s Earthquake
Market reaction to Taiwan earthquake shows companies in semiconductor supply chain are ready for such disasters, with minimal impact on market index and production of chip manufacturers.
Crude Oil Climbs To 5-Month High In Q1, Analysts Expect High Prices To Persist In Q2
First quarter of 2024 saw a surge in oil prices due to tightening supply/demand and geopolitical concerns. Benchmarks rose to five-month highs.
Biden-Xi Talks Continue: Technology Block, Taiwan Top ‘Candid Exchange Of Views’
President Biden and China's President Xi Jinping spoke for the first time since 2023, discussing issues such as trade and national security, including concerns about AI and semiconductor technology.
Facebook Is Selling Your Private Messages Lawsuit Alleges
Meta Platforms is back under scrutiny for sharing user data with Netflix. The lawsuit alleges a special relationship and advertising revenue as the driving force behind the data sharing.
Could 3 Powerful Fund Managers Take Control Of US Banks?
Regulators eye BlackRock, State Street Corp and Vanguard for jointly managing more than $23 trillion in assets.
Historic S&P 500 Rally In Q1 Flashes Bullish Signals For 2024: ‘Only The Ninth Time Since 1940’
The S&P 500 had a 10.6% total return in Q1, following a 22.3% gain since September. This historic streak is driven by strong earnings and economic resilience. Nasdaq predicts continued gains.
Oil At 6-Month High As Alleged Israel Airstrike On Damascus Fuels Concerns Over Wider Middle-East Conflict
Israel kills top IRGC commander in attack on Iranian consulate in Damascus, escalating conflict with Hamas. Oil prices hit 6-month high.