3dotsad/iStock via Getty Images Real estate stocks soared this week after inflation data increased bets in favor of a Federal Reserve rate cut in September, while the earnings season kicked off on a positive note for the markets. The stocks saw the biggest jump among all the S&P 500 sectors,Continue Reading
dontree_m/iStock Editorial via Getty Images Android (NASDAQ:GOOG) (NASDAQ:GOOGL) devices and iPhones (NASDAQ:AAPL) are still seeing “heavy” levels of discounting in China after the country’s 6.18 holiday last month, investment firm Jefferies said, citing recent checks. “Our industry checks indicate China’s smartphone vol still grew [high-single digits year-over-year] after 618, drivenContinue Reading
Md Majhrarul Alam Biotechnology company Tourmaline Bio (NASDAQ:TRML) said on Thursday that Ryan Robinson has been promoted to the post of CFO and treasurer, effective June 25. TRML shares were trading -2.49% pre-market. Robinson most recently served as vice president, finance and controller, at the company, in addition to holding the post of interimContinue Reading
JHVEPhoto/iStock Editorial via Getty Images GRAIL (GRAL) will begin trading on the Nasdaq as a publicly-listed independent company on Tuesday, after Illumina (NASDAQ:ILMN) completed the spinoff of the cancer test developer following regulatory pressure. It will be listed and begin regular trading on the Nasdaq under the symbol “GRAL” asContinue Reading
U.Today – In a recent and somewhat unexpected Bitcoin-related post, CTO David Schwartz clarified his thoughts regarding crypto holding and selling strategies. Schwartz shared an approach from his personal holdings, shedding light on the behavior of Bitcoin’s early investors, particularly those from the early days of the cryptocurrency’s rise. TheContinue Reading
The Juneteenth week saw a number of S&P companies disclosing their earnings albeit from different sectors. Let us quickly recap all the financial results that were reported for the week ended June 21. Out of the seven companies that reported, only Accenture (ACN) missed on both EPS and revenue. LennarContinue Reading
