Stocks Gain Pre-Bell Ahead of Fed Chair Powell's Comments; Asia Churns, Europe Rises
The main US stock measures were tracking in the green in Wednesday's premarket activity as traders a
News
Eli Lilly stock higher following surprise weight loss treatment data
Analysts see the market for GLP-1 weight loss treatments rising to around $70 billion over the next five years.
Short-Squeeze Risk Rises for French Stocks as Barnier Faces Vote
(Bloomberg) -- Investors should beware a potential short squeeze in French stocks as the beaten-down market has already priced most of the potential political stress.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsBenjamin Melman, global chief investment officer at Edmond de Rothschild Asset Management, said French blue chips have already priced in most of the stress from the possible fall of Prim
Trump Threats Will Fail to Derail Canadian Stock Gains, AGF Says
(Bloomberg) -- Looser regulation in the US is poised to outweigh the threat of hefty tariffs when it comes to the outlook for Canadian equities next year, according to AGF Investments Inc. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe Toronto-based firm says the macro picture in Canada improved this year and may brighten further in 2025. The S&P/TSX Composite Index has risen 22% so far in 20
Recent US election results have me concerned for the economy — should I park my cash in a money market fund?
A record $7 trillion is sitting in money market funds right now.
Ashford Hospitality Trust Raises $180M Through Preferred Stock
Ashford Hospitality ( (AHT) ) just unveiled an update. Ashford Hospitality Trust announced its successful non-traded preferred stock offering, set to close on March 31, 2025, raising about $180 million since its 2022 launch. This significant capital boost comes amid challenging market conditions, demonstrating the company’s strengthened financial position and resilience. As a real estate investment trust, Ashford focuses on investing in upscale, full-service hotels, leveraging this offering to e
ArcBest Faces Revenue Decline Amid Market Challenges
ArcBest ( (ARCB) ) just unveiled an update. ArcBest’s recent financial update reveals a challenging landscape marked by a decrease in billed revenue and shipments due to weak industrial production and a shift in LTL shipments to the truckload market. Despite these hurdles, LTL pricing remains stable, and revenue per hundredweight is slightly up excluding fuel surcharges. The asset-light segment faces reduced demand and softer freight market conditions, leading to an anticipated operating loss. A