AI and Chip Stocks Race Ahead
Plus, Paramount settles and crude prices drop again
We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.
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StockWatch: Novo’s 2030 Strategy Underwhelms Investors at Capital Markets Day
Novo said it planned to launch “more than five multi-blockbusters” or drugs with multiple billions of dollars in sales every year through 2030, and generate more than DKK 150 billion (just over $23…
Micron Stock Is Back Above $1,000. Is a Stock Split Coming?
The memory maker has split its stock three times before -- but not once since 2000, back when it was still selling personal computers.
GCR upgrades Fidelity Bank rating on stronger capital position
GCR Ratings has upgraded Fidelity Bank Plc’s national scale long term issuer rating to A Plus (NG), from A (NG), while affirming its short term issuer rating at A1 (NG). The outlook remains stable.
Fed’s Collins eyes another hike as energy risks linger
On Monday, Boston Federal Reserve (Fed) President Susan Collins said the resumption of hostilities in the Middle East was a key reason for supporting the increase in the Fed funds rate last week.
Will Rising Interest Rates Send Gold Back to Its Highs?
Key PointsThe Fed raised interest rates last week, for the first time in multiple years.