Sat, April 20, 2024

News

Stocks Advance as Fed-Minutes Rate Hint, alpine

Alpine’s Stock Soars to $45.44, Earnings Crush Estimates

Quick Look: Alpine’s stock hit a 52-week high of $45.44, closing at $42.96 on substantial volume. Q1 earnings exceeded expectations with an EPS of $0.15 and revenue of $30.85M. Analysts rate Alpine as a ‘Buy’ with a target price range of $44.00 to $50.00. Legal scrutiny from Halper Sadeh LLC over its sale to Vertex …

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spirulina

Spirulina Market to Hit $1077.96M by 2029, 7% CAGR

Quick Look: The Spirulina Market is Predicted to grow to USD 1077.96 million by 2029 at a 7% CAGR. Health trends and technological advancements drive market growth, particularly in plant-based supplements. Challenges include price fluctuations, environmental concerns, and regulatory hurdles, but opportunities exist in diversification and new markets. Spirulina, rich in protein and antioxidants, finds …

Spirulina Market to Hit $1077.96M by 2029, 7% CAGR Read More »

Apple and its policies

Apple Battles Spyware: Global Alert And Enhanced Security

Quick Look: Apple updated its spyware threat notification system to better inform iPhone users about risks. Collaborated internationally to combat spyware misuse, with an initiative now including 11 countries. Sent global threat notifications to iPhone users in 92 countries, warning of spyware attacks and advising caution. In 2024, issued warnings in India about targeted Pegasus …

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Wibest – Japan Yen: Japanese yen bills. USD/JPY

USD/JPY Faces Volatility: Intervention & Global Risks Loom

Quick Look: Intervention threats, BoJ policy hints, and global tensions drive USD/JPY volatility. Speculation grows with Yen surpassing the 153 mark, hinting at potential Japanese intervention. Technical indicators suggest a bullish USD/JPY trend, but BoJ intervention remains a caution. Short-term outlook focuses on US data, FOMC speeches, and possible Japanese intervention effects. The USD/JPY pair …

USD/JPY Faces Volatility: Intervention & Global Risks Loom Read More »

sunrun

Sunrun’s Stock Rises 4.7% Amid Market Challenges

Quick Look: Sunrun’s stock up by 4.7% recently, despite past volatility and a 12-month high of $23.85. Q1 earnings report showed a significant loss (EPS of -$1.33) but exceeded revenue expectations. Analysts maintain a ‘Moderate Buy’ with a future target of $22.05 amidst market turbulence. Core focus on residential solar energy systems in the U.S., …

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metals - uranium price

Uranium Stocks Peak: 11.7% Production Boost & Price Hike

Quick Look: Global uranium production increased by 11.7%, reaching 60.3 kilotons due to clean energy shifts and geopolitical tensions. Uranium prices hit a 15-year high in January 2024, with investments in nuclear energy rising significantly. Kazakhstan and Canada lead in uranium production, with Kazakhstan producing nearly 40% of the global output. Uranium price per pound …

Uranium Stocks Peak: 11.7% Production Boost & Price Hike Read More »

Google Axion

Google’s Axion: 30% Faster AI & Cloud Revolution

Quick Look: Axion – Google’ Arm-based CPU enhancing Google services and cloud computing efficiency. 30% improvement over general-purpose Arm chips, 50% better than Intel’s processors. Next-gen TPU for AI model training, with more than double the capability of its predecessor unveiled.  Google aims to lead hardware development, reducing reliance on Intel and Nvidia. Axion distinguishes …

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Stocks and China

Awaiting Inflation: U.S. Stocks Up Slightly

Quick Look: U.S. stocks show slight gains as investors seek recovery from last week’s losses, with the Dow Jones up by 10 points. Market volatility was highlighted by significant downturns last week, including a 2.3% drop in the Dow Jones. Analysts emphasise the importance of upcoming inflation data and economic indicators like CPI and PPI. …

Awaiting Inflation: U.S. Stocks Up Slightly Read More »

Stocks on Wednesday

Earnings Week Beckons: Dow Unchanged, S&P, Nasdaq Diverge

Quick Look: Dow Jones futures remain stable, while S&P 500 futures dip and Nasdaq futures rise, indicating mixed market sentiment. Upcoming earnings reports from major banks and companies like Delta Air Lines spotlight corporate health amidst economic uncertainty. This week’s economic events and inflation data are critical for the Federal Reserve’s interest rate decisions. The …

Earnings Week Beckons: Dow Unchanged, S&P, Nasdaq Diverge Read More »

soybean

Soybean Prices to Drop: Forecast Hits $1131.40 Amid Volatility

Quick Look: The bearish trend in soybean prices, with forecasts suggesting a drop to $1164.00 and $1131.40. Delay in Dynamic Soy Decision Support Tool launch to Fall 2024 for further development. Optimal soy planting dates range from mid-April to mid-May to avoid yield losses. Concerns over U.S. soy crush capacity are potentially overbuilding despite a …

Soybean Prices to Drop: Forecast Hits $1131.40 Amid Volatility Read More »

Google, Microsoft - plan about cybersecurity

2024 Cybersecurity: M&A Downturn & Innovation Surge

Quick Look: M&A activities in cybersecurity saw a decrease to $985 million across eight deals in 2024, down from $7.1 billion in 2023. Cyber threats increased 2.5x during geopolitical tensions, with 3,380 incidents reported in 2023. The security startup ecosystem remains vibrant with 522 firms; fundraising reached $620 million in 2023. Notable transactions in 2023 …

2024 Cybersecurity: M&A Downturn & Innovation Surge Read More »

Euro

Volatile Path of Euro: Key Levels and Economic Data

Quick Look: Euro faces resistance at 1.0880, with the 100 SMA at 1.0870 providing an additional barrier. Support levels were identified at 1.0820 and 1.0785, correlating with the 61.8% Fibonacci retracement. US CPI report and ECB’s interest rate decision this week are key for future direction. Euro shows resilience, bouncing off the 50-day SMA, but …

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Staar

Staar Beats Q1 Forecasts with $77M Revenue, Soars 16.5%

Quick Look: Staar Surgical’s Q1 revenue hit $77 million, surpassing the expected $72 million. Evo implantable lens sales in the U.S. reached $5 million, exceeding projections. The stock price soared by 16.5%, indicating strong investor confidence. Staar sets a sales forecast of $335 million to $340 million for the current year. Institutional ownership at 96.70%, …

Staar Beats Q1 Forecasts with $77M Revenue, Soars 16.5% Read More »