Tag: analyst color

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What’s Going On With Amgen Stock On Friday?

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On Friday, Novo Nordisk A/S (NYSE:NVO) released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program.When evaluating the effects of treatment if all people adhered to treatment, people treated with CagriSema achieved a weight loss of 22.7% after 68 weeks compared to a reduction of 11.8% with cagrilintide 2.4 mg, […]

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Veteran Wall Street Analyst Counters Recession Fears: ‘We Don’t Expect A Hard Landing Of The Economy’

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Veteran Wall Street investor Ed Yardeni challenged fears of a U.S. recession on Monday, opposing the prevailing market sentiment that unsettled global equities.“A weak July employment report does not make a recession,” wrote Ed Yardeni, president of Yardeni Research, in a morning note published ahead of the stronger-than-expected ISM Services PMI report. Yardeni argues that […]

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Is Bitcoin ‘Digital Gold?’ Peter Schiff Says ‘Perhaps It Never Will’ Make A New High Priced In Gold As Economist Shares Data That Undermines The Case

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Economist Peter Schiff on Sunday shrugged off Bitcoin’s (CRYPTO: BTC) recent record run and took exception to its comparison with gold. What Happened: Sharing a chart on X showing Bitcoin’s value denominated in dollar, Schiff said, although the cryptocurrency made a new high priced in dollars, it hasn’t hit “a new high priced in gold.” […]

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