Jurors in a Broward County, Florida Circuit Court returned a favorable verdict for Tramar “Flo Rida” Dillard on Wednesday, netting the Florida rapper and two other defendants more than $82 million in a case against Celsius Holdings, Inc. (NASDAQ: CELH).
Analysts at BMO Capital Markets initiated coverage on Crowdstrike Holdings Inc (NASDAQ: CRWD) Wednesday, saying the company offers best-in-class endpoint security capabilities.
Investors waiting for another round of earnings were greeted by Friday’s reports from the nation’s biggest banks showing that profits rose across the sector, boosted by the Federal Reserve’s high-interest rate environment.
Asking rents in the U.S. dipped 1.4% month-over-month, but rose 4.8% year-over-year.
That's the smallest increase in median asking rents since July of 2021, according to data issued Thursday by Redfin Corp (NASDAQ: RDFN).
Small-cap stocks have long been valued by savvy investors who understand that allocating to a less-efficient market segment can improve a portfolio's risk/return profile.
Market bets on whether the Federal Reserve's rate hikes would lead to a recession in 2022 became a primary focus for the equity markets and for those who traded them.
Last year was one of the worst years for equities, with all three major indexes having their worst year since 2008, cutting a three-year winning streak.