duoogle Financial stocks rose 1.9% during the week that some of the U.S.’s biggest banks reported their Q2 earnings. The sector outpaced the broader S&P 500’s 0.9% gain. With June’s CPI report signaling the disinflation trend is continuing, traders boosted their bets that the Federal Reserve will cut rates byContinue Reading
JHVEPhoto Longeveron (NASDAQ:LGVN) shares climbed in the morning hours Wednesday after the U.S. FDA granted Regenerative Medicine Advanced Therapy (RMAT) designation for its lead asset Lomecel-B as a treatment for mild Alzheimer’s. Targeted at regenerative medicines, including cell therapies such as Lomecel-B, the RMAT designation offers regulatory benefits similar toContinue Reading
Sean Gallup/Getty Images News Google’s (NASDAQ:GOOG) (NASDAQ:GOOGL) carbon emissions have surged nearly 50% in the past five years due to the increase in data center energy consumption and supply chain emissions driven by power demands of artificial intelligence systems, the company said this week in its annual environmental report. GoogleContinue Reading
Maksim Labkouski/iStock via Getty Images R1 RCM (NASDAQ:RCM) jumped 10% in after hours trading as TCP-ASC said it’s in the process of finalizing a proposal to purchase the outstanding shares of the company not owned by the holder. The proposal is for a higher price than the $13.25 described inContinue Reading
monsitj/iStock via Getty Images Gold futures rallied Wednesday to the highest in nearly a month, as the dollar slumped on renewed hopes for a September interest rate cut by the Federal Reserve following U.S. data suggesting a softening labor market. The U.S. reported first-time applications for unemployment benefits increased lastContinue Reading
The major U.S. averages on Wednesday seesawed, as stocks struggled for momentum. A post-earnings surge in global economic bellwether FedEx (FDX) was countered by a sell-off in Treasurys. The S&P (SP500) was last up 0.06% to 5,472.48 points in midday trade, while the blue-chip Dow (DJI) had added 0.11% toContinue Reading
U.Today – U.Today has prepared a summary of the top three news stories over the weekend. Schiff predicts price will keep falling for several years On Friday, June 21, Peter Schiff heaped yet another portion of criticism on Bitcoin, the flagship cryptocurrency. In his X post, Schiff noted that sinceContinue Reading
