Jyoti Singh
The Tesla stock experienced a significant surge last week following better-than-expected third-quarter earnings and positive guidance from CEO Elon Musk. Most Wall Street analysts were optimistic about Tesla’s performance, with many maintaining buy ratings on the stock. However, not all analysts were convinced of its potential. On Thursday, Bank of America reiterated its buy rating … Read more
By Lucinda Elliott Voters in Uruguay, known for its beaches, legalized marijuana and stability, went to the polls on Sunday in an election race between moderates that contrasted with the polarized politics in many other Latin American countries. The nation of 3.4 million was voting for its next president and lawmakers, with pollsters predicting a … Read more
An “alarming” shift towards economic protectionism poses a threat to the global economic recovery, top officials have cautioned as the race for the US presidential election nears its end. Speaking at the IMF’s annual meetings with the World Bank in Washington, officials expressed relief at signs of a soft landing for the global economy, avoiding … Read more
“ Entrepreneur and “Shark Tank” star Mark Cuban has been actively supporting Kamala Harris as a top surrogate, particularly on economic and business issues. Despite his vocal support, Cuban has not made any financial contributions to Harris’s campaign and has no interest in serving in a cabinet position. In an interview with ABC News that … Read more
Apple (AAPL), Microsoft (MSFT), Google-parent Alphabet (GOOGL), Amazon.com (AMZN) and Meta Platforms (META) all report in a three-day span next week. The results from these S&P 500 giants have huge implications for investors and the stock market rally. This group of five mega-cap companies, also known as the Magnificent Seven stocks, collectively have a market … Read more
Bausch Health Companies Inc. and Salix Pharmaceuticals have announced that they will be presenting the results of an analysis of Xifaxan (rifaximin) monotherapy at The American College of Gastroenterology 2024 Annual Scientific Meeting. The analysis evaluated the efficacy of Xifaxan monotherapy compared to lactulose monotherapy for reducing the risk of overt hepatic encephalopathy (OHE) recurrence … Read more
In the early hours of October 26, an Israeli strike took place, following the massive Iranian ballistic missile attack on October 1. While the timing and targets of the Israeli strike were unknown, it was clear that the attack was limited in scope but significant in impact. There was uncertainty surrounding Israel’s choice of targets, … Read more
“ Saudi Arabia will be hosting top figures from the finance and technology sectors next week in a significant test of investor interest in the kingdom’s efforts to position itself as a global hub amidst escalating regional conflicts. International executives will be navigating through a region marked by geopolitical tensions, including the looming possibility of … Read more
Israeli military strikes on Sunday resulted in the deaths of at least 45 Palestinians in the Gaza Strip, with most of the casualties occurring in the northern part of the enclave, according to Palestinian health officials. Concurrently, negotiations for a ceasefire in the long-standing conflict have resumed in Qatar, with the directors of the CIA … Read more
More than two years after facing criticism from US conservatives for its support of sustainable investing, BlackRock, the world’s largest money manager, is now shifting its focus. CEO Larry Fink has notably avoided discussing climate-related topics, with only eight mentions of climate, sustainability, or green in his annual letter out of 11,000 words in March. … Read more