Newsfeeds Archive - Page 12 of 150

2 minute read

Biden Plans Release Of 1 Million Barrels Of Gasoline To Curb Northeast Prices: ‘Because He’s Unable To Drill Properly,’ Trump Says

May 22, 10:46 AM

US Energy Secretary announced release of 1 million barrels of gasoline to lower prices in Northeastern US before July 4. Trump criticizes move.

DVN

2 minute read

Mortgage Applications Climb For Third Week As 30-Year Interest Rates Drop

By Piero Cingari

May 22, 9:05 AM

Mortgage applications in the US saw a 1.9% increase for the week ending May 17, continuing an upward trend. Refinancing applications surged by 7% and stocks of mortgage-sensitive firms are on the rise.

ABR

2 minute read

EXCLUSIVE: Roundhill Investments Launches Weight Loss ETF For Exposure To Blockbuster Drugs Like Ozempic

By Piero Cingari

May 21, 4:33 PM

Roundhill CEO Dave Mazza says investors "can't just buy a basket of big pharma names or a broad-based biotech ETF and call it a day."

AMGN

2 minute read

AMC Bonds Hold Gains After Meme Stock Selloff: Is It A Better Bet Than Buying Shares?

By Piero Cingari

May 21, 3:33 PM

AMC stock experienced extreme volatility due to resurgence of "Roaring Kitty," but bonds offer appealing returns with high risks and default concerns.

AMC

2 minute read

Stocks Hold Steady On Mixed Fed Remarks, First Solar Rallies, Bitcoin Falls Below $70,000: What’s Driving Markets Tuesday?

By Piero Cingari

May 21, 12:42 PM

It’s a rather quiet session on Tuesday, with major U.S. averages trading around the flatline at midday trading in New York.

ALVO

2 minute read

3 Stocks To Watch As Copper Surges To Record Highs: ‘Something Is Cooking In China’

By Piero Cingari

May 21, 11:12 AM

Copper prices reaching record highs due to demand from electrification and strategic stockpiling by China. Top stock picks include ANFGF, FCX, and TECK.

ANFGF

2 minute read

Goldman Sachs Raises Forecast For Chinese Market: Stock Ideas To Bet On Recovery Momentum

By Piero Cingari

May 21, 9:32 AM

Goldman Sachs sees potential for further rise in Chinese stocks due to improving macroeconomic performance and policy support, with a 60% probability of continuing gains and potential average returns of 35% in the next 6 months.

BABA

3 minute read

Treasury Secretary Yellen Rejects Global Billionaire Tax: Big Relief For Elon Musk, Jeff Bezos, Bill Gates And Mark Zuckerberg

By Piero Cingari

May 20, 6:02 PM

The U.S. has rejected proposed global wealth tax on billionaires, citing concerns and stating that it cannot support such an initiative.

TSLA

2 minute read

AI-Driven Rally Set To Expand To Power, Commodities, Utilities: ‘It’s Not Just About Nvidia Anymore’

By Piero Cingari

May 20, 4:51 PM

Nvidia prepares for Q1 2024 earnings, with EPS expected to be 5x higher than last year and revenue projected to be 3x higher. AI-driven gains extend beyond chipmaking to power, commodities, and utilities, with Nvidia's market cap increasing by $1.5 trillion since Q1 2023.

CEG

2 minute read

Stocks, Gold Reach New Record Highs, Cruise Stocks Rally, GameStop Sinks: What’s Driving Markets Monday?

By Piero Cingari

May 20, 1:34 PM

Wall Street rallies on Monday as major US indices reach fresh record highs. Metal commodities surge, Treasury yields stay stable. Cruise stocks soar.

CCL