With just days before Electronic Arts (NASDAQ:EA) releases College Football, a video game that should propel EA’s FY25 bookings to the company’s $7.7B target, Citigroup has downgraded the stock to Neutral from Buy amid concerns about potential crowding out from Grand Theft Auto IV, recent weakness with Apex Legends, andContinue Reading
mohd izzuan/iStock via Getty Images With the cost of prescription drugs soaring by nearly 40% over the past decade, affordability concerns have forced about a third of Americans to leave their prescriptions unfilled at the pharmacy, drug-saving platform GoodRx Holdings (GDRX) said in a report this week. According to GoodRx’sContinue Reading
VladK213 BMI, a unit of Fitch Solutions, Thursday upped its 2024 gold price forecast to $2,250/oz from $2,100/oz, with a ‘neutral’ view towards gold in H2, as prices remain tangled in a tug of war between a less dovish Federal Reserve and high levels of geopolitical tension. The brokerage expectsContinue Reading
Wall Street’s major market averages traded in a mixed fashion on Monday, as tech struggles and Treasury yields noticed limited movement. The blue-chip Dow (DJI) climbed higher by 0.8%, the benchmark S&P 500 (SP500) advanced by 0.2%, and the tech focused Nasdaq Composite (COMP:IND) declined by 0.4%. From a sectorContinue Reading
