What To Expect in the Markets This Week
Coming up: Shortened market hours around the Christmas holiday, consumer confidence, new home sales, initial jobless claims
Coming up: Shortened market hours around the Christmas holiday, consumer confidence, new home sales, initial jobless claims
(Bloomberg) -- A $93 billion plunge in Novo Nordisk A/S shares has provided the latest blow to Europe’s largest listed companies, which have spent another year struggling in vain to match the returns of Wall Street’s biggest stocks.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City to Boost Mobilit
As political tensions rise in the United States, a unique opportunity is catching the attention of election-weary travelers. Villa Vie Residences, a Florida-based cruise company, offers a multiyear global adventure aboard its luxury vessel, the Villa Vie Odyssey. Dubbed the "Skip Forward" program in a press release from Villa Vie, the cruise is part of a 15-year worldwide journey that allows travelers to hop on or off at various ports, providing a way to "escape from reality." A Floating Escape
Shares of Cal-Maine (CALM) have gained 80% this past year. While it may be surprising that a producer of eggs and egg products posted a scorching performance in a year otherwise dominated by AI, tech stocks, and crypto, the results show Cal-Maine was a major winner nonetheless. And here’s what’s even more surprising — it’s still an attractive buy, even after this impressive run. I’m bullish on shares of Cal-Maine based on its strong recent performance, strong positioning in the current consumer
More than 60 leveraged single-stock ETFs have launched this year, attracting more than $20 billion in assets.
I invested in AppLovin (APP) when the company was worth less than $15 billion. Today, that figure stands at over $113 billion after a 687% rally over 12 months. However, I’m a little concerned that the momentum might be running low simply because the company’s valuation may prove unsustainable unless it can present further catalysts. For now, I’m neutral on this stock, given the evolving interest rate environment, the potential for more risk-off sentiment, and the stock’s valuation. What’s Drive
(Bloomberg) -- Germany is reeling after an attacker drove a car into a Christmas market in the eastern city of Magdeburg, killing five people, in an incident that’s likely to inflame debate over public safety ahead of federal elections in February.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City
(Bloomberg) -- Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City to B
An announcement from Almacenes Exito SA Sponsored ADR ( (EXTO) ) is now available. Almacenes Éxito S.A., a major player in the retail industry, has announced its decision to voluntarily delist its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) and deregister its securities under the U.S. Securities Exchange Act of 1934. This strategic move aims to consolidate the company’s stock in its primary market, Colombia, to enhance liquidity and increase shareholder returns. The
Taoping (TAOP) announced that on December 19, it received notification from The Nasdaq Stock Market confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through June 16, 2025. To regain compliance with Nasdaq’s minimum bid price requirement set forth under Nasdaq Listing Rule 5810(c)(3)(A), the closing bid price of the company’s ordinary shares needs to be at least $1.00 per share or greater for at least ten consecut