Alcohol maker stocks see declines in wake of Surgeon General cancer advisory
Popular alcohol producers had a bumpy morning as investors reacted to an advisory from the U.S. Surgeon General about alcohol and cancer.
Popular alcohol producers had a bumpy morning as investors reacted to an advisory from the U.S. Surgeon General about alcohol and cancer.
Shares of Rezolve Ai are climbing for a second straight day after the company unveiled plans to deepen its partnerships with tech powers Microsoft and Google.
Some 32 winners will be selected in April to win a range of prizes, including free groceries for life, one year, or one month
(Reuters) -Citigroup's stock could double in value over the next three years as profits surge, expenses moderate, and the "most significant" reorganization in five decades improves management accountability, Wells Fargo analysts wrote in a note on Friday. Citi's shares rose as much as 1.6% to $71.09. The vote of confidence marks a notable win for Citi CEO Jane Fraser, who has been looking to improve the bank's profitability since taking the helm in 2021.
The stock market faces its first major test of the year in the coming week, with investors counting on the U.S. jobs report to show a stable but not overheated economy that underpins expectations for equity gains in 2025. Prospects for a third straight standout year hinge in part on the strength of the economy, with labor market data among the most important reads into the economy's health. "Investors are going to want to see confirmation that labor trends remain solid, which means the economic outlook probably remains firm," said Anthony Saglimbene, chief market strategist at Ameriprise Financial.
U.S. equities were higher at midday Friday, bouncing back from yesterday's selloff on optimism about growing demand for nuclear power and Tesla's recovery from its dip.
Rivian (RIVN) stock is soaring after the electric vehicle maker managed to surpass analysts’ expectations for fourth-quarter deliveries and dismiss production constraints.
Rivian Automotive reported production figures that topped its previously reduced estimates and said a problem that limited output was resolved.
Approximately 60% of vehicles saw a decrease in value while 35% stayed the same and 5% saw an increase.
Ondas Holdings Inc. (NASDAQ:ONDS) shares are trading higher on Friday after the company received an additional Federal Aviation Administration Beyond Visual Line of Sight (BVLOS) waiver. This new waiver allows Ondas to expand its drone operations over people and moving vehicles, utilizing a remote operations center. This achievement highlights the safety and strength of its unit American Robotics’ technology platforms, solidifying its position in autonomous drone operations and its successful co