Yahoo Finance Black Monday anniversary: a repeat looming?
On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue. Laura Frykberg reports.
On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue. Laura Frykberg reports.
Q1 2024 Enphase Energy Inc Earnings Call
The outgoing chief executive of top semiconductor equipment supplier ASML said on Wednesday that the U.S. government will prevent the company from servicing some machines it has previously sold to Chinese customers in some cases. Such restrictions "will not have a significant effect on the 2025 to 2030 financials, because it will be a limited number" of Chinese plants that are affected, Peter Wennink said. ASML, the largest maker of equipment used to manufacture computer chips, has faced a series of restrictions and licensing requirements from the U.S. and Dutch governments in selling its more advanced equipment lines to Chinese customers.
Wall Street forecasts are pushing back the timeline for the Federal Reserve to cut interest rates in 2024, if at all. Citi experts are still standing firm on their call for a rate cut to come as early as June or July. Inflation has remained persistent in 2024 while labor market data has been resilient, complicating the Fed's plans to ease rates in an election year. Deutsche Bank Chief US Economist Matthew Luzzetti joins the Morning Brief in-studio to elaborate on his expectations for the Fed to holdout and cut rates as far back as December. "If it's a clear case, probably driven by a weakening labor market and growth data, they could cut rates around the election. I think it's more complicated if it's just about inflation," Luzzetti says. "The Fed is thinking about cutting rates because of disinflation, but inflation is still well above the Fed's target. Cutting rates for the first time, just based on inflation right around the election, I think is more complicated." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Josef Newgarden’s win in IndyCar’s season-opening race at St. Petersburg was disqualified Wednesday because Team Penske manipulated its push-to-pass system during the race, making Pato O’Ward the winner. Penske teammate Scott McLaughlin, who finished third, was also disqualified. Will Power, the third Penske driver, was docked 10 points.
Actively being sampled by major OEMs, battery material from plasma production enables costs lower than China with more than 50% lower carbon footprint over conventional methods 6K UniMelt® Microwave plasma production system 6K's UniMelt microwave plasma production system NORTH ANDOVER, Mass., April 24, 2024 (GLOBE NEWSWIRE) -- Continuing to push the boundaries of domestic, sustainable production of critical materials for lithium-ion batteries, 6K Energy (a division of 6K) today announced their c
Mario Anzuoni/ReutersThe Sydney church leader who was stabbed during a livestreamed service last week supports Elon Musk’s view that footage of the attack should remain accessible on X, a court in Australia heard Wednesday.A lawyer representing the platform formerly known as Twitter claims Bishop Mar Mari Emmanuel—a controversial Assyrian Orthodox leader who was allegedly stabbed by a 16-year-old boy—has written an affidavit arguing against the position of Australia’s eSafety commissioner, which
The latest campaign pledge from the Labour mayor comes just eight days before Londoners go to the polls
Social media platform Reddit soared more than 120% from its IPO price. Following the IPO, is Reddit stock a buy in today's market?
Mifflintown, PA, April 24, 2024 (GLOBE NEWSWIRE) -- Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”), announced net income for the three months ended March 31, 2024 of $1.4 million, a decrease of 21.8%, compared to net income of $1.7 million for the three months ended March 31, 2023. Earnings per share, basic and diluted, for the three months ended March 31, 2024 was $0.27 compared to $0.35 reported for the three months ended March 31, 2023. President’s Message President and Chief Executi
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
Tesla stock surged more than 12% early Wednesday after Chief Executive Elon Musk gave investors an overview of the company's outlook.
Volvo Trucks New River Valley Plant On the Line Volvo Trucks is fueling new trucks leaving its plant with 20 to 25 gallons of HVO per tank, with full tanks provided for trucks destined directly to customers. This initiative is expected to replace 1,125,000 gallons of fossil-based diesel annually, achieving an estimated 75% to 85% reduction in CO2 emissions for Volvo Trucks' operations in North America. Volvo Trucks New River Valley Plant Showroom All new Volvo trucks are being fueled with Hydrot
Oral presentation will feature new data for investigational REGN7075, an EGFRxCD28 costimulatory bispecific with the potential to enhance the treatment of certain advanced solid tumors in combination with Libtayo® (cemiplimab-rwlc) 17 presentations to highlight Regeneron's investigational pipeline including checkpoint inhibitors, CD3 bispecifics and CD28 costimulatory bispecifics TARRYTOWN, N.Y., April 24, 2024 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced ne
IRVINE, Calif., April 24, 2024--Alliant Insurance Services hired Esther Magner as Vice President and Producer for its Employee Benefits Group. Based out of the Southeast region, she will support clients nationwide.
BOSTON, April 24, 2024--Riemer & Braunstein announces promotions.
Oral presentation of MDNA11’s Phase 1/2 ABILITY-1 Study will feature new and updated clinical data Updated bizaxofusp survival results from the Phase 2b recurrent glioblastoma trial versus propensity matched external control arm will also be presented as a poster TORONTO and HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Medicenna Therapeutics Corp. (“Medicenna” or the “Company”) (TSX: MDNA, OTCQB: MDNAF), a clinical-stage immunotherapy company focused on the development of Superkines, announced to
CAMBRIDGE, England & BOSTON, April 24, 2024--Bicycle Therapeutics plc (NASDAQ: BCYC), a biopharmaceutical company pioneering a new and differentiated class of therapeutics based on its proprietary bicyclic peptide (Bicycle®) technology, today announced the acceptance of two abstracts for poster presentation at the 2024 American Society for Clinical Oncology (ASCO) Annual Meeting, taking place May 31-June 4 in Chicago.
Company to present an update of its ongoing monotherapy and combination Phase 1/1b study of WTX-124 in advanced or metastatic solid tumors WATERTOWN, Mass., April 24, 2024 (GLOBE NEWSWIRE) -- Werewolf Therapeutics, Inc. (the “Company” or “Werewolf”) (Nasdaq: HOWL), an innovative biopharmaceutical company pioneering the development of conditionally activated therapeutics engineered to stimulate the body’s immune system for the treatment of cancer, today announced that an abstract providing an upd
NEW YORK, April 24, 2024--EasyKnock, the first home equity solution platform, has forged a partnership with Piñata, the nation's most popular reward and credit building platform for renters. Through this partnership, American renters, and specifically EasyKnock customers, are both rewarded and provided a path to credit worthiness.