FINANCE
-
Sell in May and go away? Historic volatility is crushing investors’ favorite seasonal indicators.
TIMOTHY A. CLARY/AFP via Getty Images The old motto “sell in May and go away” might not be a great guideline this year. Trade war, tax policy, and debt ceiling risks are skewing seasonal norms, analysts told BI. May tends to outperform in a postelection year. In a market dominated by shocking headlines and policy whiplash, seasonal mottos like the…
Read More » -
Seagate Bets On Mega-Sized, Sustainable Drives As AI Sparks Record Data Demand
Seagate Technology Holdings (NASDAQ:STX) is amid efforts to develop a 100-terabyte hard drive by 2030. Seagate’s chief commercial officer, BS Teh, told CNBC on Wednesday that the data storage firm aims to launch a drive with about three times the capacity of its top-notch hard drives by 2030. The largest hard disk drive Seagate currently produces is the 36-terabyte Exos M…
Read More » -
Is Robinhood Markets, Inc. (HOOD) The Best Stock To Buy and Hold For 10 Years?
We recently compiled a list of the 12 Best Stocks to Buy and Hold For 10 Years. In this article, we are going to take a look at where Robinhood Markets, Inc. (NASDAQ:HOOD) stands against the other stocks to buy and hold for 10 years. When the stock market experiences a sharp decline, as it did after the Trump administration…
Read More » -
Why Nebius Group Stock Soared Today
Capital spending plans from major tech players on artificial intelligence (AI) infrastructure is good news for Nebius. The company is confident it will experience a huge jump in revenue this year. Its next update on May 20 will be critical for investors. Shares of Nebius Group (NASDAQ: NBIS) are flying today. After surging more than 13%, the artificial intelligence (AI)…
Read More » -
Red Cat Holdings, Inc. (RCAT): A Bull Case Theory
Red Cat Holdings, Inc. (RCAT): A Bull Case Theory Source link
Read More » -
Shareholders approve Carrefour bid to take Brazil unit private
SAO PAULO (Reuters) – Shareholders in Carrefour’s Brazil unit, Atacadao SA, voted to take it private after a bid by the French retailer to do so, according to a securities filing on Friday. Carrefour will pay 8.50 reais ($1.50) in cash per class A preferred share held in Carrefour Brasil, as proposed by the parent company earlier in April. Newspaper…
Read More » -
Why Novo Nordisk Stock Popped Today
Novo Nordisk (NYSE: NVO), the Danish drugmaker that’s been riding high ever since it began putting out Ozempic and Wegovy GLP-1 injectables for treatment of diabetes and weight loss, got another shot in the arm yesterday — one that helped the stock dodge the market downturn entirely and end the day somewhat in the green. The same news that helped…
Read More » -
“A Tour de Force Quarter – Robert Ford Is Keeping the Miles White Legacy Alive”
We recently published a list of Jim Cramer Defended American Superiority and Discussed These 13 Stocks. In this article, we are going to take a look at where Abbott Laboratories (NYSE:ABT) stands against other stocks that Jim Cramer discussed. In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer highlighted the often-overlooked role of currency fluctuations and explained why…
Read More » -
Redrow begins construction of Elm Grove housing project in UK
House builder Redrow has initiated the construction of a new housing project, Elm Grove, in Trowbridge, Wiltshire, UK, that will introduce 247 homes. The project includes one- to four-bedroom properties from the company’s Heritage Collection, which blends 1930s arts and crafts-inspired architecture with modern interiors. The homes will feature open-plan living areas and design details, stated the company. The Elm…
Read More » -
Why a top strategist is sticking with his call for stocks to surge 22% even as the trade war roils markets
Lucky-photographer/Shutterstock Craig Johnson isn’t deterred from his bullish S&P 500 call despite soaring market volatility. The Piper Sandler strategist said he still expects the S&P 500 to surge to 6,600 by year-end. “When people are vomiting up stocks, you gotta be in there cleaning it up,” Johnson said. In the aftermath of President Donald Trump’s “Liberation Day,” one strategist on…
Read More »