Markets
Shares of Beyond Meat Inc. BYND, +0.73% inched 0.73% higher to $26.17 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +2.68% rising 2.68% to 11,740.65 and the Dow Jones Industrial Average DJIA, +1.61% rising 1.61% to 32,637.19. This was the stock’s second … Read more
Drug stock Vertex Pharmaceuticals (VRTX) is working on a new base just as the stock market attempts to launch a meaningful rally, a good sign that makes this an IBD 50 growth stock to watch. X The nearly 4,000 employees at Boston-based Vertex are involved in making drugs to treat cystic fibrosis as well as … Read more
(RTTNews) – The South Korea stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had climbed more than 55 points or 2.1 percent. The KOSPI now rests just above the 2,610-point plateau although it’s expected to bounce higher again on Friday. The … Read more
Gold Market Technical Analysis Gold markets have fallen again during the day on Thursday as we have broken down for the second day in a row. That being said, the market is now trying to figure out what to do about the 200 Day EMA. The 200 Day EMA is obviously an indicator that a … Read more
Text size Mobile version of VMware web page on smartphone. Yury Cherenkov/Dreamstime.com Broadcom said Thursday it reached a deal to buy cloud-computing company VMware for about $61 billion. If completed, the acquisition would be one of the biggest of the year so far, trumping Elon Musk’s $44 billion bid for social media site Twitter ( … Read more
Topline With stocks on track for one of their worst years in recent history amid concerns around persistent inflation, rate hikes from the Federal Reserve and rising recession risks, top firms on Wall Street say investors should turn to defensive stocks with stable margins and cash flow that should be able to weather a bear … Read more
Fokusiert/iStock via Getty Images The capital asset pricing model (CAPM) is one of the marvels of 20th-century economic scholarship. Indeed, its creators took home Nobel Prizes for their efforts, and its insights have helped drive asset allocation decisions since the 1960s. To this day, many graduate school finance professors consider it the gospel on how … Read more
Julia Collins Planet FWD Raising venture funding as a Black female founder is, to put it mildly, no small task: Less than 2% of all venture dollars go to women, and Black women get less than 0.5% of all venture funding. Layer atop these statistics a market environment in which funding for all types of … Read more
DNY59/iStock via Getty Images There have been a few themes we’ve been pressing on in recent weeks: Bond Shorts were crowded and it would reverse. Inflation expectations would get better. Food/Commodity prices would start to come down. The Fed would begin laying groundwork for a “dovish pivot.” USD would start to weaken. This will help … Read more
With Twitter having lost more than $8 billion in value since the Elon Musk escapade started, one shareholder is hauling Musk to court alleging that he’s driving down the company’s value on purpose. When the Elon Musk sexual misconduct allegations hit the news last week, the extremely online billionaire made a bizarre and likely empty … Read more