Smith & Wesson Brands Faces Profit Decline Despite Increased Sales
Shares of Smith & Wesson Brands experienced a decline in post-market trading on Thursday, following a decrease in profit despite a rise in sales. The stock dropped 7% to $12.90…
U.S. Stocks Close Higher on Eve of Jobs Report
The U.S. stock market experienced gains on Thursday, with investors eagerly awaiting the release of Friday's jobs report for November. The positive momentum propelled the Dow Jones Industrial Average (DJIA)…
GameStop Extends Investment Policy to Include Equities, Drawing Criticism
GameStop Corp.'s recent decision to broaden its investment policy to include equities has sparked criticism from analyst firm Wedbush. The company announced its new investment policy in a filing alongside…
Google’s Gemini: A Game-Changer in the AI Race
Google, a major player in the global AI race, has released its most advanced AI software model called Gemini. With the competition in Big Tech and the hype among investors,…
Cautionary Note for Bullish Stock Market Investors
Analysts at Ned Davis Research are urging bullish stock-market investors to exercise caution and not get too carried away with optimism. In a recent note, they warned that it may…
High-Speed Rail Line Between Las Vegas and Los Angeles Receives $3 Billion Pledge
LAS VEGAS — The long-discussed high-speed rail line connecting Las Vegas and the Los Angeles area has received a significant boost with a $3 billion pledge from the Biden administration,…
London Stock Exchange Faces Third Outage in Three Months
Traders in small U.K. companies faced frustration on Tuesday as the London Stock Exchange (LSE) experienced yet another outage, marking the third incident in as many months. Around an hour…
Nokia Faces Potential Break-Up Following AT&T’s Contract Decision
Shares in Nokia took a significant hit, plunging as much as 10% in Helsinki trade, after AT&T chose its Swedish competitor, Ericsson, to modernize its U.S. telecoms network with a…
Brenntag Announces Updated Financial Targets and Strategic Steps for Divisional Independence
By Helena Smolak Brenntag, the German chemical distributor, has recently revealed its mid-term financial targets and outlined strategic measures to establish divisional independence within the company. The company presented its…
3M Co. Sees Stock Surge as Barclays Analyst Turns Bullish
Shares of 3M Co. experienced a boost in Monday’s session as Julian Mitchell, an analyst at Barclays, overturned his bearish call on the industrial company. Potential Progress on Legal Liabilities…
RedHill Biopharma Secures New Funding for Covid-19 Outpatient Treatment Trial
RedHill Biopharma, a leading biopharmaceutical company, has received positive news with regards to its trial for Covid-19 outpatient treatment. Recent reports reveal that the company has secured new external funding,…
Gold Prices Retreat from Record Highs
Gold prices experienced a slight downturn after reaching record highs on Monday. Traders are taking a momentary pause following an impressive rally. At present, gold is trading at approximately $2,086…
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