Content
Nvidia Up 2% Premarket After HSBC Sets $780 Price Target
Article By:
The Tokenist
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Monday, August 21, 2023 8:26 AM EDT
Nvidia's stock rose over 2% in premarket after HSBC hiked the target price. The bank also reaffirmed a Buy rating on Nvidia due to optimistic projections that demand will continue to exceed supply.
Why REITs Are Due For A Rally
Article By:
Tim Plaehn
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Monday, August 21, 2023 7:42 AM EDT
Real estate investment trusts have not participated fully in the stock market gains of the last ten months. As a result, REITs look very undervalued and may be the next sector to move strongly higher.
In this article: RIET
Poland’s Industrial Production And Producer Prices Fall Sharply In July
Article By:
ING Economics
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Monday, August 21, 2023 7:18 AM EDT
July industrial production fell by 2.7% year-on-year, well below the consensus forecast of 0.6%. Producer price deflation was deeper than expected, with July PPI falling 1.7% YoY against a consensus of -1.2%
The 50 Most Valuable Companies In The World In 2023
Article By:
Jeff Desjardins
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Monday, August 21, 2023 4:37 AM EDT
Altogether, the 50 most valuable companies represent over $26.5 trillion in shareholder value. At a sector level, Information Technology is the most represented in the top 50, with $9.3 trillion in combined market cap.
U.S. Manufacturers Reshoring, But It Will Take A Long Time
Article By:
Bill Conerly
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Sunday, August 20, 2023 11:01 PM EDT
A company that can bring product assembly into the U.S., but still needs nuts and bolts from Chinese or Taiwanese suppliers, has not solved its supply chain problem.
In this article: NVDA
Golf Putter Maker Soars In Debut, Becomes Best IPO Of 2023
Week In Review: Hengrui Out-Licenses Novel Anti-Inflammatory To One Bio In $1 Billion Deal
Article By:
ChinaBio® Today
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Saturday, August 19, 2023 2:38 PM EDT
Jiangsu Hengrui Pharma out-licensed global rights (ex-China) for a novel anti-inflammatory to One Bio of Florida in a $1 billion deal. One Bio will make an $21.5 million payment upfront along with a $3.5 million milestone.
Bored Apes’ Investors Sue - They Shouldn’t Win
Article By:
Shelly Palmer
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Thursday, August 17, 2023 10:11 AM EDT
A group of investors has taken legal action against Sotheby’s auction house, celebrities like Paris Hilton and Justin Bieber, and other entities, accusing them of misleading promotion of the Bored Ape Yacht Club NFTs.
Clearing The Danger Zone
Small Business Resilience In The Face Of Moody's Downgrade
Article By:
Javier Palomarez
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Wednesday, August 16, 2023 6:31 PM EDT
The recent Moody's downgrade, spurred by broader economic concerns, has created a direct impact on the small business landscape.
In Housing Construction, The Last Domino Still Refuses To Fall
Article By:
New Deal Democrat
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Wednesday, August 16, 2023 9:17 AM EDT
When it comes to housing construction, I’ve been waiting for the last domino to fall. Once again in July, it didn’t. Total housing starts rose 3.9%, but are -19% below their peak. Permits rose 0.1%, but are 22% below their peak.