News
Structure Therapeutics Inc. ADRs Surge on Positive Trial Results and $300M Private Placement
Structure Therapeutics Inc. experiences surge in ADRs after positive trial results and $300M private placement financing. Plans for phase 2b study for weight-loss drug GSBR-1290 revealed.
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Contrarian Signal: Stock Market Timers Turn Bearish
Stock market timers have become extremely bearish, potentially indicating a buy opportunity. The sentiment has shifted from exuberance to bearishness, but timing the market precisely is not guaranteed. The current correction is unlikely to be the beginning of a new bear market.
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Tragic Bombing at Prophet Muhammad's Birthday Celebration in Pakistan
A bomb blast at a celebration for Prophet Muhammad's birthday in Pakistan kills 52 and injures nearly 70. Urgent blood donations needed.
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European Sporting Goods Stocks Rise as Nike Beats Earnings Forecast
Investors show strong interest in Adidas and Puma stocks as Nike surpasses earnings expectations, leading to surge in European sporting goods sector. Positive outlook for U.S. stock futures.
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Aritzia Reports Slight Increase in Revenue for Q2
Aritzia reports a modest increase in revenue for Q2, with some decrease in profit. The company faces challenges but remains committed to serving its customers.
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Jabil Predicts Lower Revenue, but Stronger Profit in Q1
Jabil, the leading electronics supplier, projects a decrease in revenue for Q1 but expects a larger profit and higher adjusted earnings. Revenue is projected to range between $8.4B and $9B, with a profit of $423M to $483M.
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Tesla Stock Upgraded for Long-Term Outlook
Battle Road Research analyst upgrades Tesla stock, expects it to outperform in the coming months. Despite recent challenges, Tesla remains a leader in the EV market and has new models on the horizon.
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Actors Resume Negotiations with Studios
The Hollywood actors are resuming negotiations with studios and streaming services after the end of the writers strike. Late-night hosts are making a comeback, but late-night viewership has declined by 40% to 50%. Scripted shows may take longer to return as actors are still on strike.
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Paul Brahim Elected 2024 FPA President-Elect
Paul Brahim has been elected as the 2024 president-elect of the Financial Planning Association, with a focus on advancing the profession and obtaining legal recognition for financial planners.
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The Sharp Selloff in Treasury Market: A Prime Investing Opportunity
The recent decline in the Treasury market presents an investment opportunity. Experts suggest strategic moves to take advantage of potential bounce back.
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