This post was co-written with Ben Doughton, Head of Product Operations – LCH, Iulia Midus, Site Reliability Engineer – LCH, and Maurizio Morabito, Software and AI specialist – LCH (part of London Stock Exchange Group, LSEG). In the financial industry, quick and reliable access to information is essential, but searchingContinue Reading
Stock technical analysis questions can be as unique as the individual stock analyst themselves. Queries often have multiple technical indicators like Simple Moving Average (SMA), Exponential Moving Average (EMA), Relative Strength Index (RSI), and others. Answering these varied questions would mean writing complex business logic to unpack the query intoContinue Reading
Angel Di Bilio/iStock Editorial via Getty Images Tanker owner Torm (NASDAQ:TRMD) +1.5% in early trading Monday after saying it agreed to buy eight second-hand MR vessels from an unnamed seller in a cash and stock deal valued at $340M. Under the deal terms, Torm (TRMD) will pay $238M in cashContinue Reading
Catheter Precision (NYSE:VTAK) on Monday said that its previously announced 1-for-10 reverse stock split of its common stock became effective at 12:01 A.M. Eastern Time, on July 15, 2024. The company added that its common stock will continue to be traded on the NYSE American under the symbol “VTAK” andContinue Reading
SlavkoSereda/iStock via Getty Images Stock futures edged higher in the early Monday hours as earnings season ramps up this week with the world’s most prominent companies like Bank of America, Johnson & Johnson, Netflix, Taiwan Semiconductor, UnitedHealth, Nokia, and Abbott Labs releasing their earnings. Here are some of Monday’s biggestContinue Reading
MGO Global (NASDAQ:MGOL) said its board approved a one-for-ten reverse stock split of its common stock, effective on July 18, 2024. MGOL shares were trading -0.33% pre-market on Monday. The reverse stock split is part of the company’s plan to regain compliance with the minimum bid price requirement. The shares are set to trade on the NasdaqContinue Reading
JHVEPhoto Barron’s said this week that ResMed (NYSE:RMD) trades at a compelling valuation after the stock sold off last month in reaction to positive data for Eli Lilly’s (NYSE:LLY) GLP-1 therapy, tirzepatide, in obstructive sleep apnea, a condition targeted by the MedTech company. In late June, Lilly (LLY) said tirzepatide,Continue Reading
AUDINDesign Super Micro Computer (NASDAQ:SMCI) will join the Nasdaq-100 Index (NDX) before the markets open on Monday, July 22, replacing the pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA), Nasdaq (NDAQ) announced. The electronic stock trading marketplace said in a statement late Friday that Super Micro (SMCI), an AI server company, willContinue Reading
U.S. stocks on Friday marched higher, helped by a rebound in megacap technology names and more encouraging developments on the inflation front. A rotation out of heavyweights such as the “Magnificent 7” club weighed on the benchmark S&P 500 (SP500) and the Nasdaq Composite (COMP:IND) in the previous session, butContinue Reading
ASP Isotopes (NASDAQ:ASPI) announced the pricing of the previously announced underwritten public offering of shares of its common stock. ASP Isotopes has agreed to sell an aggregate of 12,000,000 shares of its common stock at a public offering price of $2.50 per share. The gross proceeds to ASP Isotopes fromContinue Reading
