The collapse of the woke tech industry continues to accelerate this month with numerous companies announcing major layoffs and some of them on the verge of bankruptcy. The culture of ESG status, which is rooted […]
After 76 year old treasury secretary Janet Yellen blew up the market yesterday with her post-FOMC comments that regulators aren’t looking to provide “blanket” deposit insurance to stabilize the US banking system, stock futures have […]
Following yesterday’s disappointingly hot inflation prints, it was not a big surprise to markets that The Bank of England (BoE) hiked rates by 25bps this morning to 4.25%, the highest since 2008, and left the […]
Authored by Simon White, Bloomberg macro strategist, A full guarantee of all bank deposits would spell the end of moral hazard and mark the final chapter of the dollar’s multi-decade debasement. It’s said the cover-up […]
Sanofi (SNY) and Regeneron Pharmaceuticals‘ (REGN) asthma drug Dupixent succeeded in a final-phase study of patients with “smoker’s lung,” leading SNY stock and REGN stock to rocket Thursday. In the Phase 3 study, Dupixent led […]
Tesla (TSLA) sales in the U.S. got off to a hot start this year thanks to the combination of price cuts and a new $7,500 federal EV tax credit. But Tesla’s lowest-price vehicle, the standard-range […]
Digital World Acquisition (DWAC), a blank-check company poised to merge with former President Donald Trump’s media company, heads into Thursday’s session riding a gain of more than 6% for the week. It is an important […]
Visa (V) and Mastercard (MA) are growth stocks that mutual fund managers are buying right now. These institutions pick up shares after carefully analyzing a security’s strong and weak points. Visa stands third and Mastercard […]
Ionis stock jumped Thursday after a Food and Drug Administration panel offered a mixed view of its Biogen (BIIB)-partnered treatment for a deadly neurodegenerative condition. The companies are hoping to win approval for tofersen, a […]
Coinbase Global (COIN) announced it received a Wells Notice from the Securities and Exchange Commission late Wednesday, a warning that the regulator intends to recommend enforcement action for potential securities violations. Coinbase stock tumbled early […]
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