Eli Lilly stock higher following surprise weight loss treatment data
Analysts see the market for GLP-1 weight loss treatments rising to around $70 billion over the next five years.
Short-Squeeze Risk Rises for French Stocks as Barnier Faces Vote
(Bloomberg) -- Investors should beware a potential short squeeze in French stocks as the beaten-down market has already priced most of the potential political stress.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsBenjamin Melman, global chief investment officer at Edmond de Rothschild Asset Management, said French blue chips have already priced in most of the stress from the possible fall of Prim
Up 137%, Should This Red-Hot Artificial Intelligence Cryptocurrency Be in Your Portfolio for 2025?
Right now, Bitcoin is getting all the attention in the crypto market. Bitcoin soared by nearly 40% in the aftermath of the U.S. presidential election, and is now up 128% for the year. The one that's on my radar right now is Bittensor (CRYPTO: TAO), an artificial intelligence (AI) crypto token.
Trump Threats Will Fail to Derail Canadian Stock Gains, AGF Says
(Bloomberg) -- Looser regulation in the US is poised to outweigh the threat of hefty tariffs when it comes to the outlook for Canadian equities next year, according to AGF Investments Inc. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe Toronto-based firm says the macro picture in Canada improved this year and may brighten further in 2025. The S&P/TSX Composite Index has risen 22% so far in 20
Where Will Dogecoin Be in 1 Year?
The price of Dogecoin has soared in 2024, but can it keep climbing higher?
Recent US election results have me concerned for the economy — should I park my cash in a money market fund?
A record $7 trillion is sitting in money market funds right now.
Ashford Hospitality Trust Raises $180M Through Preferred Stock
Ashford Hospitality ( (AHT) ) just unveiled an update. Ashford Hospitality Trust announced its successful non-traded preferred stock offering, set to close on March 31, 2025, raising about $180 million since its 2022 launch. This significant capital boost comes amid challenging market conditions, demonstrating the company’s strengthened financial position and resilience. As a real estate investment trust, Ashford focuses on investing in upscale, full-service hotels, leveraging this offering to e
ArcBest Faces Revenue Decline Amid Market Challenges
ArcBest ( (ARCB) ) just unveiled an update. ArcBest’s recent financial update reveals a challenging landscape marked by a decrease in billed revenue and shipments due to weak industrial production and a shift in LTL shipments to the truckload market. Despite these hurdles, LTL pricing remains stable, and revenue per hundredweight is slightly up excluding fuel surcharges. The asset-light segment faces reduced demand and softer freight market conditions, leading to an anticipated operating loss. A
Private Equity Stocks Are Hot Among Family Offices — Here Are 2 Names That Wall Street Likes
Love them or loathe them, the ultrawealthy share one undeniable trait: they are remarkably disciplined with their money. The novelist Herman Wouk put it best, in his book Don’t Stop the Carnival, saying of the wealthy Lester Atlas, “He acted on a clear hard rule: never part unnecessarily with a dollar.” Today’s high-net-worth individuals live by that principle, often relying on family offices –specialized private money management firms – to safeguard and grow their wealth. These family offices s
Stock Market Today: Stocks end at record highs with tech surge, Powell comments
The Dow, the S&P 500 and the Nasdaq all close at fresh record highs.