Bank of America has identified several stocks that it believes are well-positioned following the latest earnings season, citing strong fundamentals and attractive entry points across multiple sectors. The Wall Street investment bank named companies such as Palantir Technologies, Wayfair, Intapp, Diamondback Energy, and AerCap Holdings as standout opportunities.Palantir: riding the…
Pfizer acquires Metsera for $10 billion, cementing their new obesity treatment strategy. The purchase concludes a weeklong bidding frenzy between the New York-based pharmaceutical company and Danish heavyweight Novo Nordisk, whose last-minute counterbid was finally rejected by US antitrust regulators.According to Reuters, Metsera’s board accepted a higher offer from Pfizer…
The past week has been one of extraordinary developments across politics, markets, and technology. From a historic mayoral election in New York to a landmark court hearing on US tariff powers, a record-setting Tesla compensation vote, Apple’s AI ambitions, and the longest government shutdown in American history, each story signals…
Wall Street heads into the new week on edge after a volatile stretch that saw major indices slide from record highs amid a mix of tepid labor data, tech-sector weakness, and a lack of fresh government economic reports due to the ongoing federal shutdown. With earnings season winding down and…
The Nasdaq 100 Index and its related ETFs, like QQQ and JEPQ plunged last week as concerns about technology valuations and the ongoing government shutdown continues. It plunged to $25,000 from the year-to-date high of $26,143. Similarly, the Invesco QQQ Trust (QQQ) plunged to $610 from the all-time high of $636,…
The S&P 500 Index retreated sharply last week, moving from the year-to-date high of $6,915 to a low of $6,640 as concerns about the AI industry remained. Its top exchange-traded funds (ETF) like the SPY and VOO, also tumbled The stock market crash happened as the recent rally took a breather…
The MSTR stock price has been in a strong downtrend, mirroring the performance of other Digital Asset Treasury (DAT) companies like Metaplanet, American Bitcoin, MicroCloud Hologram, and Semler Scientific. Strategy shares were trading at $241 on Friday, much lower than the year-to-date high of $456. It is hovering at its…
China’s newest and most advanced aircraft carrier, the Fujian, has officially entered service following a commissioning ceremony led by President Xi Jinping in Hainan province. The event marks a defining moment in China’s pursuit of naval modernisation and its long-term goal to rival US maritime power. With electromagnetic catapult technology…
Oil prices are once again under moderate pressure, primarily due to the continued increase in global oil production easing earlier concerns about market tightness caused by sanctions. Industry surveys suggest that OPEC’s production saw a further, albeit marginal, increase in October. Reuters estimates indicated a rise of 30,000 barrels per day…
Most non-agricultural commodities rose on the last day of the week with gold consolidating above the crucial mark of $4,000-per-ounce. Oil prices also climbed on Friday after spending most of the week in the red. Prices are set for second straight weekly losses. Base metal prices rose as investors resorted to bargain-buying…