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Nvidia Up 2% Premarket After HSBC Sets $780 Price Target
Article By: The Tokenist
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.
In this article: HSBC, NVDA Also: AAPL, MSFT, TSLA, GOOGL
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Why REITs Are Due For A Rally
Article By: Tim Plaehn
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
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Poland’s Industrial Production And Producer Prices Fall Sharply In July
Article By: ING Economics
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%
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The 50 Most Valuable Companies In The World In 2023
Article By: Jeff Desjardins
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.
In this article: TCEHY, TSLA, BABA, META
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U.S. Manufacturers Reshoring, But It Will Take A Long Time
Article By: Bill Conerly
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
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Golf Putter Maker Soars In Debut, Becomes Best IPO Of 2023
Article By: The Fly
Sunday, August 20, 2023 12:59 PM EDT
Shares of Sacks Parente Golf soared in their first trading day, skyrocketing more than 600% after opening at $4. The company, which makes golf equipment, closed above $28 on Tuesday before falling the following trading days.
In this article: SPGC Also: PRZO, SRM, NNAG, SRFM, WRNT, ELWS, JNVR
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Week In Review: Hengrui Out-Licenses Novel Anti-Inflammatory To One Bio In $1 Billion Deal
Article By: ChinaBio® Today
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.
In this article: ONBI Also: MRK, SMMT, GDTC, ARQT
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Bored Apes’ Investors Sue - They Shouldn’t Win
Article By: Shelly Palmer
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.
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Clearing The Danger Zone
Article By: Ironman
Thursday, August 17, 2023 8:30 AM EDT
It was just a little over five months ago when the biggest banking crisis since the Great Financial Crisis of 2008-09 started. It began with the failures of Silicon Valley Bank and Signature Bank.
In this article: CMA, KEY, USB, BANC, FITB, HBAN, TFC Also: JPM
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Small Business Resilience In The Face Of Moody's Downgrade
Article By: Javier Palomarez
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 this article: MCO, ZION
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Siemens Enters U.S. Solar Inverter Market
Article By: ESG Today
Wednesday, August 16, 2023 10:00 AM EDT
Siemens announced that it will begin manufacturing solar inverters in the U.S. The company said this will help meet growing demand for American-made renewable energy components.
In this article: SIEGY
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Coinbase Approved To Offer Bitcoin Futures Trading In The US
Article By: Invezz
Wednesday, August 16, 2023 9:34 AM EDT
Coinbase is now the first US-based crypto exchange to offer regulated derivatives crypto products. Eligible US customers will be able to access crypto futures alongside spot markets on Coinbase platforms.
In this article: COIN
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In Housing Construction, The Last Domino Still Refuses To Fall
Article By: New Deal Democrat
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.
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US Housing Starts Rise 3.9% In July, Building Permits Edge Up 0.1%
Article By: FXStreet
Wednesday, August 16, 2023 9:02 AM EDT
The monthly data published by the US Census Bureau revealed on Wednesday that Housing Starts rose 3.9% on a monthly basis in July, following the 11.7% decline, revised from -8%, recorded in June.
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SEC’s Proposed Regulations Will Help Investors Understand Their Climate Risks
Article By: ESG Today
Wednesday, August 16, 2023 8:28 AM EDT
Imagine buying a second-hand car. What information would you like to know? Perhaps its model year, odometer mileage, and fuel efficiency would help you assess how much it will cost to run and how polluting it might be.
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Connecting FFO To DPS For REITs
Article By: Ironman
Wednesday, August 16, 2023 8:19 AM EDT
A Real Estate Investment Trust, or REIT, is a special kind of publicly traded company. To paraphrase Investopedia, these are firms that own, operate, or finance income-generating real estate.
In this article: PLD
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