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Archives by Year:
Auto Trader & AstraZeneca Help FTSE Reverse Early Losses
Image Source: Pexels The FTSE 100 faced an early decline on Thursday, primarily driven by Flutter’s sombre forecast, causing a dip in its shares. However, as the day progressed, the initial downturn was reversed, and the blue-chip index managed to secure gains just shy of 1%. Flutter, the world’s largest online betting company, saw its stock tumble […]
Trulieve Cannabis Q3 Financials Show Major Improvement In Net Loss
Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.) Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a constituent in the munKNEE American Cannabis MSO Stocks Index, announced its results for the third quarter ended September 30, 2023, today, as follows: Q3 2023 Financial Highlights (The information below compares Q3 2023 with Q2 2023 and all figures are in U.S. dollars.) Revenue: DOWN 2.5% […]
Silver Demand In Three Key Sectors Expected To Nearly Double In The Next Decade
Image Source: Pixabay Silver demand for industrial applications, jewelry production, and silverware fabrication is expected to nearly double over the next 10 years.According to a report by Oxford Economics commissioned by the Silver Institute, the demand in these three sectors is forecast to increase by 42% between 2023 and 2033.Industrial, jewelry, and silverware production account for about three-quarters of […]
AMC Falls 15% After Firm Announces Plan To Sell $350M Worth Of Shares
Image Source: Unsplash AMC Entertainment’s shares fell more than 15% on the announcement of a $350 million stock offering.AMC (NYSE: AMC) reported better-than-expected third-quarter earnings and revenue on Wednesday, with the company swinging to profit in the most recent period. However, the stock did not attract bullish pressure despite robust results. Instead, AMC’s shares nosedived on Thursday on […]
Asia Week Ahead: China Activity Data Plus Growth From Japan
Image Source: Pixabay Next week features China’s data deluge with retail sales and industrial output as well as inflation data for India. Meanwhile, Japan reports GDP and Australia releases jobs numbers. Onion prices leading India’s inflationIndia releases inflation data next week. October is the beginning of the festive and wedding season, and food inflation is expected to accelerate due […]
BTC Price Aims At $40k But Volume Declines As Memeinator Presale Stage 6 Nears End
Bitcoin (BTC) continues to be the centre of attention as it sets its sights on the elusive $40,000 mark. Traders and investors have been closely monitoring the recent price movements of this flagship digital asset.However, as BTC embarks on its ascent, there are growing concerns about the declining trading volume, raising questions about the sustainability of […]
S&P 500 Forecast: Deals With Overextension
Should the market venture below the 50-day Exponential Moving Average, it may pave the way for a descent toward the 200-Day EMA. The S&P 500 exhibited a retracement at the onset of Wednesday’s trading session, reflecting the market’s ongoing quest to discern its next course of action. Overnight, the futures market remained relatively subdued, contributing to a […]
Chart Of The Day: Ollie’s May Be A Bargain
Image Source: Pixabay The Chart of the Day belongs to the discount retailer Ollie’s Bargain Outlets (OLLI). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts […]
EUR/JPY Price Analysis: The 162.00 Mark Looms Closer
EUR/JPY prints fresh tops near 161.70 on Thursday. Extra gains could advance to the 2008 top near 170.00. EUR/JPY struggles to advance further despite printing new YTD peaks in the 161.70/75 band on Thursday.Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of […]
Akari Therapeutics’ Nomacopan Is A Potential Blockbuster
Image Source: Unsplash Akari Therapeutics (Nasdaq: AKTX) is a clinical stage biotechnology company developing advanced therapies for autoimmune and inflammatory diseases. It’s lead drug candidate, investigational nomacopan, a bispecific recombinant inhibitor of complement C5 and leukotriene B4 (LTB4), has potentially wide applicability and blockbuster potential.Nomacopan is in Phase 3 development for pediatric hematopoietic stem cell transplant-related […]
