Why Denny’s stock price is rising today?
On October 25, Denny’s Corp (NASDAQ: DENN) received a boost when Citi analysts upgraded the stock to a “Buy” from “Neutral.” The upgrade came alongside a revised price target of…
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S&P 500, Nasdaq rise sharply ending 3-day losing streak; Viking Therapeutics surge, while Capri’s shares slump
US benchmark equity averages rose on Friday as the market ended a three-day losing streak. At the time of writing, the Dow Jones Industrial Average was up 0.3%, while S&P…
BXMT: Is Blackstone Mortgage Trust a good dividend stock?
Blackstone Mortgage Trust (BXMT) looks like a good dividend company to invest in. It has an exciting dividend yield of almost 10%, trades below book value, and is part of…
Elon Musk’s wealth soars by $33.5B after Tesla rally – will he become world’s first trillionaire?
Elon Musk, the world’s richest person, saw his net worth soar by $33.5 billion on October 24, after Tesla Inc. recorded its largest share jump in over a decade. Tesla’s…
Why did Lilium’s stock crash 61% — is there hope left for flying taxis?
Shares of Lilium, the electric vertical take-off and landing (eVTOL) vehicle manufacturer, plunged by more than 61% on Thursday after the company announced in a regulatory filing that its two…
Morgan Stanley stock sits at record high: buy, sell, or hold?
Morgan Stanley (MS) stock has been firing on all cylinders this year, helped by the strength of its franchise amid challenges in its key markets. It has risen in the…
Who is Paik Jong-won and why is he key to South Korea’s struggling IPO market?
Paik Jong-won, a chef turned restaurateur with newfound global fame, is set to take his restaurant franchise public this week, offering hope for South Korea’s struggling IPO market. The IPO…
Newmont shares plunge 15% after missing earnings estimates amid labour cost woes
Gold miners have been struggling to capitalise on higher demand for the yellow metal as higher input and operating costs weigh. The largest gold mining company in the world, Newmont…
SOL outperforms BTC and ETH amid ongoing selling pressure across crypto market
The cryptocurrency market is facing sustained selling pressure, leading to a shift in overall sentiment towards a downtrend. However, Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is beating the…