Market Update
U.S. Futures Show Modest Gains In the U.S., futures for the S&P 500 and Dow Jones Industrial Average are both up 0.1% ahead of the opening bell. However, it is…
Labor Strikes Create Concerns for Stock Market Investors
The United Auto Workers (UAW) strike against the Big 3 carmakers has raised concerns among stock-market investors regarding the future of corporate profits. Mark Hackett, chief of investment research at…
City of Waukesha Delays Lake Michigan Water Withdrawal
Introduction City officials in Waukesha, a Milwaukee suburb, have announced a delay in their plans to begin withdrawing water from Lake Michigan. The delay is necessary to address various issues,…
Is the U.S. Stock Market Weaker Between Rosh Hashanah and Yom Kippur?
It has long been believed that the U.S. stock market performs poorly during the ten days between the Jewish holidays of Rosh Hashanah and Yom Kippur. This theory, dating back…
The Promise of the SAFE Banking Act
This month, the Secure and Fair Enforcement (SAFE) Act, also known as the SAFE Banking Act, will be up for a crucial committee vote in the U.S. Senate. According to…
Asia-Pacific Stocks Mostly Rise
September 15, 2022 Asia-Pacific stocks experienced mostly positive gains on Friday, September 15th, with the Hong Kong and Japanese markets showing strength for the second consecutive session. Hong Kong Stocks…
eGain Surges as Revenue and Earnings Exceed Expectations
Shares of eGain, a Sunnyvale Calif.-based company specializing in automated customer engagement services through artificial intelligence, experienced a notable rise in post-market trading on Thursday. The company's revenue and earnings…
Carnival and Norwegian Cruise Line Stocks Surge
Shares of Carnival and Norwegian Cruise Line experienced a boost on Thursday as an analyst from Redburn Atlantic upgraded the cruise lines, signaling an end to their pandemic woes. Analyst…
Sales Rise Despite Amazon Event Hangover
The latest numbers reveal that sales at U.S. retailers increased by 0.6% in August, despite a sluggish performance from Internet stores following the Amazon Day sales event. However, it's worth…
Visa Inc.’s Move to Provide Liquidity to Bank Owners
Visa Inc. has made a significant move that could potentially create additional capital for banks, according to Jefferies analyst Ken Usdin. In a research note on Thursday, Usdin highlighted Visa's…
Alnylam Pharmaceuticals Shares Fall as FDA Advisers Weigh Risks and Benefits
Alnylam Pharmaceuticals Inc. (ALNY) shares dropped over 8% in premarket trading on Thursday following the assessment by advisers to the U.S. Food and Drug Administration (FDA) of the company's treatment…
Berkshire Hathaway Reduces Stake in HP Inc.
Berkshire Hathaway has recently sold 5.5 million shares of HP Inc., marking its first stock sale in the personal computer and printer manufacturer since acquiring a 12% stake earlier this…
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