Acadia Pharmaceuticals shares surged following the announcement of the company's acquisition of expanded commercial rights for a groundbreaking drug.
Swiss-based Financial Stability Board has delivered recommendations to regulate crypto-activities.
The U.S. naval fleet consists of 243 seafaring units currently in active service. The number includes frontline commissioned warships and support vessels but excludes smaller patrol boats, auxiliary/survey ships, replenishment ships, and historical ceremonial…
International Business Machines Corporation IBM is scheduled to report second-quarter 2023 results on Jul 19, after the closing bell. In the to-be-reported quarter, the company is likely to have recorded higher revenues from the…
Walmart Inc. WMT has carved a robust position in the retail world with its constant endeavors to enhance omnichannel operations and serve customers better. The company has been witnessing year-over-year growth in its comp…
Author: Anirudha Bhagat Enterprise software stocks have made a remarkable comeback year to date (YTD) after a massive sell-off in 2022 on recession concerns, inflationary pressure, increased oil prices and higher interest rates. Enterprise…
Balanced funds offer investors the convenience of buying into a single fund rather than holding both equity and bond funds. This category of funds also reduces a portfolio’s volatility while providing higher returns than…
Strange but true: seniors fear death less than running out of money in retirement. And retirees have good reason to be worried about making their assets last. People are living longer, so that money…
Stu Alderoty, the general counsel at Ripple, recently said he expects US financial institutions will show interest in using XRP for cross-border money transfers. Last week, Ripple secured a partial legal win against the…
Value investing has long been regarded as a successful investment strategy, and for a good reason. It focuses on identifying stocks whose prices do not reflect their true intrinsic or fundamental value. In the…
Investors were eagerly awaiting the June inflation numbers last week as both the consumer price index (CPI) and the producer price index (PPI) came up with an impressive reading. The CPI rose a modest…
Beijing plans to offer training to 10,000 engineers per year in emerging technologies, including blockchain, artificial intelligence (AI), and big data. Despite its crypto ban, the world’s second most powerful country still has deep…
Author: Moumita C. Chattopadhyay We are already into the second-quarter reporting cycle and stocks with top-line growth and increasing profit numbers might be popular choices. But choosing stocks based on a company’s efficiency in…
The sentiment of U.S. consumers on the economy and its future outlook bolstered in June and July. On Jul 14, the University of Michigan reported that the preliminary index of the U.S. consumer sentiment…
When it comes to investment in the stock market, one strategy that has withstood the test of time and proven its worth is value investing. Pioneered by legendary investors like Benjamin Graham and Warren…
The electric vehicle giant Tesla Inc. TSLA has proven to be a super stock this year, having surged 128.4% (as of Jul 14, 2023). Since analysts are busy deciding whether this rally will continue,…
MassMutual’s annual survey on Social Security knowledge found that 44% of Americans nearing retirement don’t know that divorced people are eligible to collect benefits based on their ex-spouse’s earnings. In fact, Social Security benefits…
The 2023 TIAA Institute-GFLEC Personal Finance Index reports that 25% of working adults have reduced their retirement savings this year due to the rising cost of living. Most people’s wages have not increased at…
The Internal Revenue Service has announced tax relief for Vermont flood victims. Under the Vermont tax relief program, the IRS has extended the tax filing and payment deadlines for taxpayers directly impacted by the…
Goldman Sachs has maintained coverage of Martin Marietta Materials with a Buy recommendation.
