S&P 500 Hits Record High; Longboard Pharmaceuticals Surges 51%, Tech Stocks Rally
S&P 500 Hits Record High; Dow Gains as Longboard Pharmaceuticals Surges 51% and Tech Stocks Rise S&P 500 Reaches Record High: The index closed at 5,859, driven by gains in tech stocks and anticipation of major earnings reports this week. Longboard Pharmaceuticals Jumps 51%: Shares surged after the announcement of a $2.6 billion acquisition deal […]
S&P 500, Dow Hit Record Highs, Oil Prices Slump Amid China Concerns
S&P 500, Dow Notch Record Closing Highs as Crude Slumps Major Indexes Set Record Highs: The S&P 500 and Dow Jones hit record closing highs on Monday, driven by strong tech performance. Crude Prices Decline: Oil prices dropped as concerns over China’s economy weighed on global demand outlook. No Major Earnings or Economic Data: The […]
Should You Buy Plug Power Stock While It’s Below $4?
Should You Buy Plug Power Stock While It’s Trading Below $4? A Closer Look at the Hydrogen Pioneer’s Future Plug Power’s stock has collapsed over the past 25 years, losing about 99% of its value since its IPO in 1999. The company has struggled with the slow adoption of hydrogen charging solutions, but insiders and […]
MicroStrategy Stock Rises 550% in 2024: Should You Invest?
MicroStrategy Stock Rises 550% in 2024: Should You Invest? MicroStrategy (NASDAQ: MSTR) has been one of the top-performing stocks in the U.S. markets throughout 2024. Its remarkable surge of 552.52% over the past year has captured the attention of investors, as the stock climbed from around $32 in October 2023 to an all-time high of […]
Tesla’s Robotaxi Event Disappoints Wall Street Bull; Key Questions Remain
One of Tesla’s Biggest Bulls ‘Disappointed’ After Robotaxi Event Tesla’s much-anticipated Robotaxi event left one of its most ardent supporters on Wall Street underwhelmed. Adam Jonas, one of Tesla’s top bulls from Morgan Stanley, expressed disappointment after the event, citing a lack of concrete details surrounding the autonomous taxi plans. The presentation of Tesla’s futuristic […]
US Stocks Mixed Amid Major Bank Earnings and Inflation Data; JPMorgan, Wells Fargo Rise, Tesla Falls
US Stocks Mixed After Major Bank Earnings, PPI Data Overview U.S. stocks experienced mixed performance on Friday, following quarterly earnings reports from major banks and a key inflation reading. The mixed results reflect investor sentiment around corporate performance and broader economic concerns, particularly around inflation and interest rates. At 09:35 ET (13:35 GMT), the Dow […]
Lloyd’s of London Warns: Geopolitical Conflicts Could Cost Global Economy $14.5 Trillion
Geopolitical Strife Could Cost Global Economy $14.5 Trillion Over 5 Years – Lloyd’s of London Lloyd’s of London has issued a warning that global geopolitical conflicts could lead to a staggering $14.5 trillion loss for the world economy over the next five years. The loss would stem primarily from disruptions in critical supply chains and […]
Is the Rally in Gold and Copper Prices Losing Steam? Here’s What Analysts Predict
Is the rally in gold and copper prices losing steam? The recent rally in gold and copper prices seems to be losing momentum as both metals face pressure due to limited new stimulus measures from China and changing expectations around U.S. interest rates. Analysts suggest that without stronger economic interventions from China, prices for these […]
Tech Rally Drives S&P 500 to Record High as Dow Jumps 400 Points
Tech Rally Boosts S&P 500 to Record High as Microsoft, Amazon, and Apple Lead; Dow Jumps 400 Points U.S. stocks surged for the second consecutive day on Wednesday, with the S&P 500 hitting a record high, driven by a strong rally in technology stocks. Investors appeared unfazed by ongoing geopolitical risks. The S&P 500 rose […]
Adastra Announces 10:1 Share Consolidation Amid Market Expansion
Adastra Holdings Announces 10:1 Share Consolidation Langley, British Columbia – Adastra Holdings Ltd. (CSE: XTRX) (FSE: D2EP) has announced a 10:1 share consolidation pending approval from the Canadian Securities Exchange (CSE). The cannabis company, known for its top-tier Canadian concentrate brands, will consolidate its shares, reducing the number of issued and outstanding common shares from […]