Rivian Stock Potential Decline after Nine-Day Win Streak
Shares of Rivian Automotive Inc. (RIVN) experienced a slight dip of 0.7% in premarket trading, but managed to recover from an earlier loss of 2.4%. This puts the company at…
JPMorgan Chase & Co. Upgraded by Jefferies Analysts
Jefferies analysts have upgraded their rating on JPMorgan Chase & Co. (JPM) to buy from hold, while also raising their price target by 11% to $165 per share. This upgrade…
New Gold Reports Significant Increase in Gold Production
New Gold has experienced a remarkable 45% surge in gold production during the second quarter of this year, largely attributed to improved mill availability. Impressive Production Numbers President and Chief…
Apple Inc. Faces Challenges Despite Sales Improvement
An analysis by KeyBanc Capital Markets reveals that Apple Inc. experienced a significant sales boost in June compared to previous years. However, Brandon Nispel, an analyst at KeyBanc, remains cautious…
EMA Investigates Risk of Suicidal Thoughts and Self-Harm from GLP-1 Receptor Agonists
The European Medicines Agency (EMA) announced on Tuesday that it is currently conducting a comprehensive review of data concerning the potential risk of suicidal thoughts and self-harm associated with the…
Taylor Swift Fans in France Face Ticketing Issues for 2024 Performances
Taylor Swift fans in France were left disappointed and frustrated when they encountered technical glitches while trying to purchase tickets for her upcoming 2024 performances. The ticket sales were scheduled…
North Korea Launches Ballistic Missile Amid Tensions
SEOUL, South Korea — North Korea carried out a ballistic missile launch towards its eastern waters on Wednesday, in response to what it deemed as a provocative U.S. reconnaissance activity…
U.S. Stock Futures Rise as Inflation Hits a Two-Year Low
U.S. stock futures are showing gains as data is anticipated to reveal that U.S. inflation has reached its lowest level in over two years. How Stock-Index Futures are Performing S&P…
Quadrennial Labor Negotiations: What Investors Need to Know
Labor negotiations between U.S. auto makers and the United Auto Workers (UAW) are set to begin this week, creating uncertainty for investors. Understanding the impact of these negotiations, new deals,…
The Limits of Trickle-Down Economics
In an address to the Economic Club of New York, Lael Brainard, the director of the National Economic Council and President Biden's top economic adviser, expressed her belief that the…
Bob Iger’s Tenure at Disney Extended for Multiple Seasons
Disney announced on Wednesday that the board has decided to extend Bob Iger's contract as chief executive officer until December 2026. The board unanimously lauded Iger's "successful leadership record and…
Pharmaniaga Secures New Medical Supply Contract
Pharmaniaga Bhd., a pharmaceutical company in Malaysia, experienced a surge in its shares following the announcement of a new medical supply contract with the Malaysian government. The company's shares rose…