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 […]
The Dow Jones Industrial Average rose more than 200 points Thursday, rebounding after Wednesday’s Fed-fueled stock market selloff, and in the wake of a surprise drop in the Labor Department’s first-time jobless claims. Meanwhile, Block […]
Ford (F) debuted a new financial-reporting structure Thursday while offering one of the first in-depth looks at EV profitability from a traditional automaker. Ford stock rose. Ahead of a “teach-in” for analysts and reporters, Ford […]
Having raised rates by 25bps (as expected) and offered a dovish bias to the statement with regard future rate-hikes, Fed Chair Powell now has the unenviable task of threading the needle between too-dovish (what does […]
Authored by Yves Smith via NakedCapitalism.com, The incompetence of our financial regulators, most of all the Fed, is breathtaking. The great unwashed public and even wrongly-positioned members of the capitalist classes are suffering the consequences […]
Via Global Macro Monitor, Here is a follow-up on last week’s chart with some excellent granular detail. Interest payments on the national debt during the current fiscal year (October to February) are up 29 percent […]
Small biotech company 89bio (ETNB) scored a win Wednesday in fatty liver disease, and ETNB stock rocketed well above its 50-day moving average The company tested a drug called pegozafermin in patients with nonalcoholic steatohepatitis, […]
Wall Street analysts on Wednesday praised Nvidia‘s (NVDA) approach to artificial intelligence, as it moves from chips and computer hardware deeper into software and services. NVDA stock continued its ascent on the news. On Tuesday, […]
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