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…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Stifel analyst J. Bruce Chan upgraded the rating for…
As of Jan. 29, 2025, two stocks in the communication services 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, which compares a…
Nokia Corporation (NYSE:NOK) shares are trading higher premarket on Monday. The company disclosed several deals today. The company disclosed that it had been selected by the London Internet Exchange to provide advanced DDoS protection using its Deepfield security solution. Nokia’s…
U.S. stocks were mixed, with the Dow Jones index falling around 100 points on Friday. Shares of Customers Bancorp, Inc. (NYSE:CUBI) rose sharply during Friday's session following upbeat quarterly earnings. Customers Bancorp posted quarterly core earnings of $1.36 per share,…
Alcoa Corporation (NYSE:AA) will release its fourth-quarter financial results, after the closing bell, on Wednesday, Jan. 22, 2025. Analysts expect the Pittsburgh, Pennsylvania-based company to report quarterly earnings at $1.01 per share, versus a year-ago loss of 56 cents per…