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Microsoft Corporation (NASDAQ:MSFT) shares are moving lower on Monday amid recession worries due to uncertainty around trade policy and tariffs.The Details: Back in February, President Donald Trump announced plans to impose 25% tariffs on Canadian and Mexican goods, along with a 10% tariff on Chinese imports. According to ABC, the tariffs on goods from Canada […]
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Freeport-McMoRan Inc (NYSE:FCX), a global leader in producing copper, gold and molybdenum, approaches its fourth-quarter earnings report, set for release in Thursday’s pre-market session, bolstered by a strong third-quarter performance that surpassed market expectations.According to analyst consensus estimates, Freeport-McMoRan is expected to report fourth-quarter EPS of 21 cents on revenue of $5.93 billion.What To Know: […]
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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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ProShares UltraPro Short QQQ (NASDAQ:SQQQ), which offers leveraged inverse exposure to the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), gained 3% to $28.95 Wednesday afternoon as the Federal Reserve delivered a dovish tone during its December meeting.SQQQ, designed to rise when the Nasdaq-100 falls, benefits from bearish sentiment toward growth-oriented technology stocks.What Happened: The Fed lowered […]
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GD Culture Group Limited (NASDAQ:GDC) shares are surging Wednesday. The company announced that it launched a TikTok account. Here’s what you need to know.What To Know: GD Culture Group shares skyrocketed, gaining over 211.6% in value at one point Wednesday after the company announced the launch of its TikTok account, @streamlineainews.This account is designed to […]
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Lyft Inc. shares (NASDAQ:LYFT) are trading lower Wednesday following the company’s second-quarter earnings before the market opened today. Here’s what you need to know.Q2 Earnings Recap:Revenue: Lyft reported revenue of $1.4 billion, up 41% year-over-year.Adjusted EPS: Lyft reported an adjusted EPS of 24 cents, which beat the analyst consensus estimate of 19 cents.CEO David Risher […]
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