vandervliet93/iStock Editorial via Getty Images FedEx (NYSE:FDX) shares rose 1.42% in early morning trading on Monday, ahead of the company’s fiscal fourth-quarter results on June 25th, after the closing bell. On average, Wall Street expects the delivery services giant to post a quarterly EPS of $5.38 (+8.9% Y/Y) along withContinue Reading
U.Today – Mt. Gox trustees have announced the start of and repayments for investors, according to BBG. This announcement practically means that we will witness the redistribution of BTC and BCH locked for Mt. Gox investors since the infamous hack in 2011. After losing more than 700,000 BTC in aContinue Reading
Veni Equities will need a jolt from either the economy or the bond market to see more trading breadth, according to Morgan Stanley strategist Mike Wilson. The “ongoing policy mix of heavy fiscal spending and tight interest rate policy is crowding out many companies and consumers in a way thatContinue Reading
CR Eli Lilly (NYSE:LLY) and Novo Nordisk (NVO), which already have blockbusters with their weight loss drugs Zepbound (tirzepatide) and Wegovy (tirzepatide), are likely to dominate the market even if other drugs are approved, according to two Street analysts. Holly Morris, managing director at J.P. Morgan Asset Management focused onContinue Reading
Dover (NYSE:), USA / Delware, June 3rd, 2024, Chainwire ScroogeToken, a new entrant in the meme cryptocurrency sphere, distinguishes itself with a blend of humor and robust tokenomics. For more details on ScroogeToken’s growing presence, users can visit ScroogeToken’s official website. Inspired by Disney’s Scrooge McDuck, ScroogeToken offers a distinctiveContinue Reading
izusek Real estate stocks edged down in the week ended June 21 after a mixed economic data and the latest housing market update, while the major market averages gained marginally. The Real Estate Select Sector SPDR Fund ETF (NYSEARCA:XLRE) ended the holiday-shortened week 0.13% lower at $38.48. The fund postedContinue Reading
U.S. stocks on Friday made small moves, amid expected volatility and uncertainty ahead of a major options expiration event. Still, Wall Street was on track for a three-week win streak. It is “triple witching” day – when stock options, stock index futures and stock index options will all expire together.Continue Reading
