As of July 15, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator[...]
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Fed’s Musalem says cooler CPI data is ‘encouraging’
By Michael S. Derby (Reuters) -Federal Reserve Bank of St. Louis President Alberto Musalem welcomed on Thursday a report showing cooling in consumer level inflation pressures but declined to say when[...]
Read moreWhy Disposing Of Cannabis Vape Pens Is A Bigger Deal Than You Think
Do you know which cannabis products pose the biggest challenge for safe disposal? If you guessed vape pens, you’re right. While vape pens are the ultimate choice for some stoners, and have definitely[...]
Read moreLilly beefs up bowel disease drug portfolio with $3.2 billion Morphic deal
By Sriparna Roy (Reuters) -Eli Lilly agreed to buy Morphic Holding for $3.2 billion in cash, the companies said on Monday, beefing up its portfolio of inflammatory bowel disease (IBD) drugs and expand[...]
Read moreTop 3 Consumer Stocks That Could Blast Off In July
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when[...]
Read moreWhat’s Going On With Merck Stock On Friday?
On Thursday, the U.S. Centers for Disease Control and Prevention’s (CDC’s) Advisory Committee on Immunization Practices (ACIP) unanimously voted to recommend Merck & Co Inc’s (NYSE:MRK) Capvaxive[...]
Read moreQatar Airways Looking to Buy up to 20% Stake in?
(Reuters) – Qatar Airways is in talks to buy up to a 20% stake in Bain Capital-owned Virgin Australia, the Australian Financial Review (AFR) reported on Wednesday, as carriers fight for more mar[...]
Read moreChina Wants Everyone to Scrap EV Tariffs
By Joe Cash and Ryan Woo BEIJING (Reuters) -Beijing wants the EU to scrap plans to impose preliminary tariffs on Chinese electric vehicle imports by July 4, China’s state-controlled Global Times[...]
Read moreLucid Training Nearly 250 Robots to Build
EV maker Lucid Motors (NASDAQ:LCID) is gearing up to start pre-production of its electric Gravity SUV this summer with a new automated line that has nearly 250 robots. What Happened: The 247 robots at[...]
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