ETFs are having a moment. According to a recent EY report, global ETF assets under management (AUM) surged to $14.8 trillion last year, with net inflows hitting $1.88 trillion, the highest ever recorded. The U.S. market alone crossed the $10…
J.P. Morgan analyst Christopher Horvers reiterated an Overweight rating on the shares of Hasbro Inc (NASDAQ:HAS) and maintained a price forecast of $75.00. HAS exceeded street expectations for the fourth quarter, in line with the analyst’s updated forecast, driven by…
EV giant Tesla Inc. (NASDAQ:TSLA) is recalling 376,241 vehicles in the U.S. over concerns of loss of power steering assist, the National Highway Traffic Safety Administration (NHTSA) said on Friday. What Happened: Certain model year 2023 Model 3 and Model Y vehicles may…
Colgate-Palmolive Company (NYSE:CL) is broadening its footprint in the pet food industry through the purchase of Care TopCo Pty Ltd, the parent company of Prime100, an Australian fresh pet food brand. Prime100, founded in 2014 and located in Melbourne, Australia,…
Billionaire investor Stanley Druckenmiller‘s family office Duquesne has divested his entire stake in Broadcom, simultaneously increasing his investments in major tech companies, as revealed in a recent 13-F filing. What Happened: According to a recent SEC filing, Druckenmiller, a seasoned investor,…
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when…
Mali's changes to the mining code are starting to impact its commodity production. After the military-led government implemented changes that sought to increase royalties from 20% to 35%, gold production decreased by 23% in 2024, reaching 51 metric tons. Reuters…
McDonald’s Corporation (NYSE:MCD) will release its fourth-quarter financial results, before the opening bell, on Monday, Feb. 10, 2025. Analysts expect the Chicago-based company to report quarterly earnings at $2.86 per share, down from $2.95 per share in the year-ago period.…
Brian Riedl, a veteran federal budget analyst with 25 years of experience, has criticized President Donald Trump and Tesla Inc. CEO Elon Musk-led Department of Government Efficiency’s (DOGE) approach to deficit reduction, arguing that their small-scale savings proposals mask larger…
Federal Judge Orders $5.9 Billion Fine In Ponzi Scheme Case Chief Judge David Godbey of the Dallas federal court on Wednesday ordered Allen Stanford to pay a $5.9 billion civil fine, ending the Securities and Exchange Commission’s 16-year lawsuit against…