US benchmark equity indexes were lower after midday Friday as markets looked forward to the Federal
Despite Higher Valuations, Some Life Sciences Tools Stocks Create Good Opportunities: Analyst
BofA Securities reports that the Life Sciences Tools sector struggled in fiscal year 2024. Spending by pharmaceutical and biotech companies dropped after pandemic-related overspending, and demand in China stayed weak. This led some Life Sciences companies to lower their already-conservative fiscal year revenue forecasts as the year progressed. For most of fiscal year 2024, Life Sciences company valuations remained higher than pre-COVID levels but declined after the U.S. elections. Looking ahead
Crypto for Advisors: AI + Blockchain + Crypto
Blockchain is the key to unlocking a scalable, ethical, and user-focused AI economy, addressing critical barriers like resource demands, ethical concerns, and proof of humanhood.
Ciena's Strong 2025 Outlook Wins Analyst Confidence: AI Bandwidth And Optical Market Expansion In Focus
Ciena Corp (NYSE:CIEN) stock surged after BofA Securities upgraded it from Neutral to Buy and raised its price target from $70 to $95. Needham analyst Ryan Koontz maintained Ciena with a Buy and raised the price target from $80 to $95. Additionally, Northland Capital Markets, and Stifel raised their respective price targets on the stock. On Thursday, Ciena reported a fiscal fourth-quarter 2024 revenue decline of 0.5% to $1.12 billion, beating the analyst estimate of $1.10 billion. The adjusted E
Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan
The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.
General Mills To Gain Strength From Rebound In Pet Segment And Stabilizing Retail Growth, Analyst Upgrades Stock
BofA Securities analyst Peter T. Galbo upgraded General Mills, Inc. (NYSE:GIS) to Buy from Neutral, raising the price forecast to $80 from $78. The analyst suggests that General Mills is expected to return to organic sales growth at a faster and more sustainable rate compared to other center-store food peers. This growth will be driven by factors such as the re-acceleration in the Pet segment (specifically Blue Buffalo) and stabilization in North America Retail, as issues in the dough category a
The U.S. already has a gambling epidemic—24 hour stock trading would only make it worse
We've already seen how the ease of smartphone transactions and impulsive late night behavior leads to trouble for young men.
Top Stock Movers Now: Broadcom, Supermicro, RH, and More
Major U.S. indexes were slightly lower at midday Friday as markets pulled back from the post-election rally that sent them into record territory.
German Economy Will Hardly Grow in 2025, Bundesbank Says
(Bloomberg) -- Germany’s economy will hardly grow in 2025 after shrinking again this year, according to fresh forecasts from Bundesbank.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsHow California Sees the World, and ItselfGross domestic product will fall by 0.2% in 2024, it said Friday — slashing a June prediction for 0.3% growth. Output will exp
Better Buy in 2025: XRP, Dogecoin, or Bitcoin?
The cryptocurrency market is on a tear this year, thanks in part to Trump's election win on Nov. 5.