Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 2.5% over the past six months. This drawdown was discouraging since the S&P 500 returned 5.6%.
After the FDA removed semaglutide injection products from a shortage list, compounders like Hims have 60-90 days to stop making copies.
The American consumer is getting worried about the economy.
Crypto trading firms like Robinhood & Coinbase get relief from SEC probes. These firms, along with Schwab, will benefit from favorable developments in the space.
Cleveland-Cliffs stock sank Tuesday after the steelmaker reported worse fourth-quarter results than expected, with revenue falling and losses widening from the same time last year.
The tie-up will introduce Athar, a decentralised consumer finance protocol to make crypto payments accessible across GCC region.
Block upgraded, Domino’s downgraded: Wall Street's top analyst calls
Public bitcoin miners are rushing to build AI business lines, but there’s still room for their original mandate, says this investment bank analyst.
Contractors who face stop work orders from the Trump administration’s funding freeze should take action, legal experts say.
Medical products company UFP Technologies (NASDAQ:UFPT) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 41.9% year on year to $144.1 million. Its GAAP profit of $2.10 per share was 5.9% above analysts’ consensus estimates.
