Key points Micron shares have rallied sharply since last year, with gains of 50% in the last few weeks alone. The company is far from taking a break; it looks…
Category: Business Finance
Inflation Rises More Than Expected to 3.5% in March, Derailing June Rate Cut Hopes (UPDATED) – Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), SPDR Gold Trust (ARCA:GLD)
Editor’s note: This story has been updated with additional details. Inflation in the United States rose again in March, exceeding economists’ expectations and disappointing investors who had expected imminent interest…
Stocks to protect your investment portfolio from a rising VIX
Key points Investors could find safety in these reliable low-beta companies as the VIX returns to its 2024 highs. With stable and predictable finances, three stocks could be the place…
Jim Cramer weighs in on Fed interest rate cut plans: ‘Don’t hold your breath.’ This economy doesn’t need them.”
Jim Cramer analyzed the recent nonfarm payrolls report and highlighted the strength of the economy, advising investors not to anticipate rapid rate cuts from the Federal Reserve. What happened: According…
Affordable AI solutions at half the price
Key points Companies leading the AI revolution have received considerable market attention in recent years. Taiwan Semiconductor holds the top spot in EMXC, one of the best-performing emerging market ETFs.…
High-End Tesla Cybertruck Surpasses Double Stick Price at Auction Amid Resale Market Jitters, Quality Concerns – Tesla (NASDAQ:TSLA)
TeslaThe top-of-the-line Cybertruck, the three-engine, all-wheel drive variant, also known as the “Cyberbeast”, sold for a cool $262,500 (including buyer’s premium) at a recent Sotheby’s Motorsport auction. What happened: Bidding…
Biden’s 2024 presidential election hopes in doubt due to Iranian ‘$6 gas’ Hormuz gambit, former aide warns
Former White House Energy Advisor Bob McNally commented on geopolitical tensions in the Middle East, highlighting Iran’s influence on the United States through potential threats to the Strait of Hormuz.…
ALT stock could rise if it doesn’t run out of money
Key points Altimmune’s Phase 2 clinical trials of the GLP-1/glucagon drug Pemvidutide had promising results as the maximum dosage of 2.4 mg per week led to an average weight loss…
Crypto Analyst Says Shiba Inu Expected to Rise 155% as Meme Coin Establishes Strong Support Levels
The cryptocurrency of memes Shiba Inu SHIB/USD is maintaining crucial levels of support, the same ones it was rejected by in early 2022. What happened: According to the analysis of…
BlackBerry gives earnings a little sweet and investors a little bitter
Key points BlackBerry once dominated the smartphone market as Research in Motion in the mid-2000s, ushering in the smartphone era, which was taken over by Apple’s iPhone and Samsung’s Galaxy…