Fritz Jorgensen/iStock Editorial via Getty Images Meta Platforms stock (NASDAQ:META) was one of the top movers to the downside in Communication Services Friday, -1.7%, after Edgewater Research pointed to some ongoing “elements of weakness” in the company’s ad performance. “Once again [direct response] campaign efficiency remains under pressure across muchContinue Reading
Mesut Dogan/iStock via Getty Images St. Louis Fed President Alberto Musalem said Thursday that June’s cooler-than-forecast Consumer Price Index report points to “encouraging further progress” on the disinflation front. Earlier, the Bureau of Labor Statistics posted its monthly update on the widely-watched CPI, which delivered encouraging news to the FederalContinue Reading
Dubai, United Arab Emirates, July 10th, 2024, Chainwire Bybit, the world’s second-largest crypto exchange by trading volume, continues to lead the digital asset revolution with CEO Ben Zhou’s influential presence at the Point Zero Forum 2024 in Zurich, Switzerland. This prestigious annual event brings together visionaries in finance, policy, andContinue Reading
Roman Tiraspolsky/iStock Editorial via Getty Images Jefferies’ (NYSE:JEF) stronger-than-expected fiscal Q2 results indicate an improving outlook for investment banking among big lenders, Wells Fargo (WFC) analyst Mike Mayo wrote in a Friday note. Shares of New York-based Jefferies (JEF) extended gains from Thursday’s spike, advancing 3% in late morning trading,Continue Reading
Justin Sullivan/Getty Images News Argus defended its Buy rating on Under Armour (NYSE:UAA) (NYSE:UA) on Wednesday following the recent share price weakness. Analyst Kristina Ruggeri said that the pullback presents investors an attractive buying opportunity. She noted that the athletic apparel company has been working to improve results by closelyContinue Reading
