Oil prices whipsawed after reports of a possible U.S.-Iran framework deal briefly sent Brent plunging, only for fresh U.S. strikes on Iran to push crude back toward $100. Probable Super Niño Adds Insult to Injury for LNG Buyers – The arrival of a powerful El Niño this year, potentially even a ‘Super Niño’ with sea…
Smaller Bitcoin treasury companies kept buying into last week’s pullback even as Strategy (NASDAQ: $MSTR) paused the weekly accumulation cycle that has become one of the market’s regular public-company signals. The group added 602.6 BTC, worth about $46 million, after Bitcoin traded below $80,000, according to Cointelegraph. The purchases were spread across several smaller listed…
Tracking the S&P 500 has historically been a good move for investors. The index is a collection of the top stocks on U.S. markets and has averaged an annual return of around 10%. But that’s an average that spans decades. There have been some troubling periods along the way, when the index hasn’t performed well…
Nvidia (NASDAQ: NVDA) is coming off yet another strong quarter, with incredible growth on both the top and bottom lines. Demand for its artificial intelligence (AI) chips remains high, leading to an acceleration of its growth rate. It generated 85% revenue growth in the first quarter of Fiscal 2027 (which ended on April 26), which…
BP has removed Chair Albert Manifold with immediate effect after the board cited serious concerns over governance standards, oversight, and conduct, appointing Ian Tyler as interim chair while it begins a search for a permanent replacement. BP said its board unanimously decided that Manifold should no longer serve as chair or director after concerns were…
The S&P 500 Index ($SPX) (SPY) today is up +0.81%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.74%. June E-mini S&P futures (ESM26) are up +0.77%, and June E-mini Nasdaq futures (NQM26) are up +1.71%. Stock indexes are mostly rallying today, with the S&P 500 and Nasdaq…
Micron (MU) stock popped another 3% on Wednesday following the company’s best day since 2011, closing on Tuesday at a record high — its 28th of the year. The catalyst on Tuesday was that UBS more than tripled its price target on the memory chipmaker to a Street high of $1,625, arguing that the AI…
Madison Square Garden Sports (MSGS) shares are rocking, just like the Garden in New York City will be soon for the NBA Finals. The news: Shares of the owner of the New York Knicks and Rangers rose 3% in premarket trading following the Knicks’ sweep of the Cleveland Cavaliers late Monday. The win will send…
CVS Health Corporation (NYSE:CVS) is one of the best medical stocks to invest in according to billionaires. Morgan Stanley lifted the price target on CVS Health Corporation (NYSE:CVS) to $106 from $93 on May 14, maintaining an Overweight rating on the shares. CVS Health Corporation (NYSE:CVS) also received a rating update from Bernstein on May 13,…
Danaher Corporation (NYSE:DHR) is one of the best medical stocks to invest in according to billionaires. RBC Capital resumed coverage of Danaher Corporation (NYSE:DHR) with an Outperform rating on May 14, setting a price target of $200. The firm told investors in a research note that it sees the company’s growth recovering with an improvement in…
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