Dow Falls 100 Points; US Manufacturing PMI Rises In January

U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 100 points on Friday. The Dow traded down 0.24% to 44,458.34 while the NASDAQ fell 0.08% to 20,036.71. The S&P 500 also fell, dropping, 0.06% to 6,115.26. Check This Out: Top 3 Materials Stocks That May Fall Off A Cliff In […]

Top 2 Consumer Stocks That May Plunge This Month

As of Jan. 15, 2025, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices […]

EXCLUSIVE: Bitcoin Tumbling, But Bull Market Top Isn’t In Yet, Experts Say

Cryptocurrency experts are largely united in their belief that Bitcoin‘s (CRYPTO: BTC) long-term bull run remains intact, even as the apex crypto struggles to keep short-term bearish fears away. Hawkish Fed Threw A Wrench In Bitcoin’s Works The recent market downturn, according to Bitfinex analysts, is primarily a result of “the Fed reducing the number […]

Novo Nordisk Seeks to Strengthen Obesity Pipeline With Two Back-To-Back Biobuck Deals

On Wednesday, Novo Nordisk A/S (NYSE:NVO) and Valo Health, Inc. entered into an expanded agreement to discover and develop novel treatments for obesity, type 2 diabetes, and cardiovascular disease. The companies originally partnered in September 2023 in an agreement that allowed for the development of up to 11 drug programs, primarily focused on cardiovascular disease. Valo was […]

Uber CFO Says Stock Undervalued, Initiates $1.5 Billion Accelerated Stock Buyback

On Monday, Uber Technologies, Inc. (NYSE:UBER) announced it has entered into an accelerated share repurchase (ASR) agreement with Bank of America to repurchase $1.5 billion worth of stock as part of its previously authorized $7 billion share repurchase program, initially approved in February 2024. Under the agreement, Uber will receive approximately 18.6 million shares, representing […]

Tech talk

Uber Secures $5B Revolving Credit Facility: Teams Up With?

September 27, 2024

On Friday, Uber Technologies, Inc. (NYSE:UBER) announced it has partnered with Spirit Halloween to enhance its on-demand delivery services. The Spirit Halloween catalog will be accessible on Uber at the same in-store prices. Uber One members will get a $0 delivery fee and a 5% discount on Spirit Halloween orders over $35. Additionally, all consumers […]
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