Stagflation fears could push S&P 500 toward 5,500 later this year: Stifel
Second, persistent inflation is said to be a growing concern. Stifel predicts that Core PCE inflation will remain elevated, ...
German opposition leader vows to push law to restore border controls even with far-right support
BERLIN (Reuters) - Opposition leader Friedrich Merz, leading in the race to become Germany's next chancellor, pledged on ...
Surging Business Confidence Risks Hard Landing If Economic Data Fails to Keep Pace
Regarding the economy, Personal Consumption Expenditures (PCE) comprise nearly 70% of the GDP calculation. In other words, if ...
Allakos stock tumbles following AK006 trial discontinuation
Investing.com -- Shares of Allakos Inc . (NASDAQ: ALLK) plummeted 76% after the biopharmaceutical company announced the discontinuation of its AK006 development due to the drug's lack of therapeutic ...
Families of Israeli hostages join commemorations at Auschwitz
Families of Israelis held hostage by Hamas called on Monday for remembrance, rejection of antisemitism and the release of ...
Why Ubisoft shares are surging in recent days
According to French newspaper Les Echos, Ubisoft has struck a deal with Savvy Games Group to develop downloadable content for ...
Starbucks sales set to drop again as investors wait for turnaround
The company in October suspended forecast for its fiscal year 2025, as it executes Niccol's strategy that includes lowering ...
Anglo American stock sinks on report BHP not planning new bid
Investing.com -- Anglo American’s stock fell over 5% on Monday following reports that BHP Group (NYSE: BHP) is unlikely to ...
Deutsche Bank questions stock market's tariff response
Deutsche Bank (ETR: DBKGn) analysts have pointed out several reasons for the current market's resilience. First, post-election rallies are common as markets adjust to reduced uncertainty, and the ...
SoFi Technologies reports strong Q4 results but stock drops on guidance
SoFi (NASDAQ: SOFI) saw strong growth across its business segments in Q4. Financial Services revenue jumped 84% to $256.5 million while Lending revenue rose 18% to $417.8 million. The company added a ...
QXO launches tender offer for Beacon Roofing at premium
QXO on Monday announced its intention to acquire Beacon Roofing Supply (NASDAQ: BECN) through an all-cash tender offer for all outstanding shares at $124.25 each.
Akero Therapeutics shares soar on positive study results
Investing.com -- Shares of Akero Therapeutics, Inc. (Nasdaq: NASDAQ: AKRO) soared 92% following the release of preliminary topline results from its Phase 2b SYMMETRY study, which showed a ...