“Top Gun” pilots aren’t the only ones feeling the need for speed. So are data centers. And that has spurred the drive for silicon photonics systems, which could boost Broadcom (AVGO) stock and others. With […]
Update (1230ET): What did they know and when? As chatter continues to build of some bailout for First Republic Bank this week, after the company’s share price has collapsed, The Wall Street Journal reports that […]
Electronics contract manufacturer Jabil (JBL) on Thursday beat Wall Street’s targets for its fiscal second quarter and offered an improved outlook for the current period. But Jabil stock fell in morning trades. The St. Petersburg, […]
The IBD SmartSelect Composite Rating for DexCom (DXCM) rose from 94 to 97 Thursday. The new score means the company is now outperforming 97% of all stocks in terms of the most important fundamental and […]
Authored by Tsvetana Paraskova via OilPrice.com, Global oil production fell by 365,000 bpd in January, hitting a seven-month low according to data from the Joint Organizations Data Initiative. The drop in oil production was driven […]
West Australian Fortescue Future Industries (FFI), a subsidiary of Fortescue Metals Group, and the US’ National Renewable Energy Laboratory have partnered to develop a green hydrogen research center in Colorado. The initial collaboration will […]
Iron ore prices fell on Thursday as China reported a plan to again cut annual crude steel production this year. Benchmark 62% Fe fines imported into Northern China retreated 2.51%, to $129.88 per tonne. […]
Confusion over new Medicare negotiating plans sent Regeneron Pharmaceuticals (REGN) and Halozyme Therapeutics (HALO) stocks tumbling Thursday. REGN stock undercut its 50-day line and HALO stock hit a year-low. Under a new program launching in […]
Credit Suisse (CS) rebounded Thursday after its late Wednesday announcement to borrow up to $54 billion from the Swiss National Bank. The financial stock unraveled during Wednesday’s U.S. and European market trade, shedding as much […]
The stock market traded higher Thursday after regional banks bounced. Big Tech and the Nasdaq composite bucked the early downward tide, trading higher, while small caps shed opening losses. Regional bank stocks got some relief […]
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