GE Vernova stock soared to a record high: brace for a pullback
GE Vernova (NYSE: GEV) stock price has done well as an independently traded company. It has surged for three consecutive weeks, reaching a record high of $254, which is about…
China to recapitalize major banks as profits sink and bad debt rises
In a significant move to address mounting financial pressures, China has announced plans to recapitalize its largest commercial banks for the first time in over a decade. The initiative is…
I’d avoid SLB and Baker Hughes and buy Weatherford stock
The energy industry has come into the spotlight recently as crude oil and natural gas prices have retreated. Most oil stocks have pulled back as investors have embraced the new…
Geopolitics more crucial than interest rates in Japan and US, says JPMorgan CEO
Geopolitics currently holds the highest risk and is more important for mankind than interest rates in Japan and the United States, JPMorgan CEO Jamie Dimon said in an interview. Speaking…
Apollo eyes $5 billion stake in Intel amid market struggles
Apollo Global Management, a prominent US asset management firm, is reportedly preparing to invest up to $5 billion in Intel, Bloomberg reported on Monday. The potential investment comes as Intel…
Samsung to invest $1.8 billion in new OLED manufacturing plant in Vietnam
Samsung Display Co., a leading South Korean electronics manufacturer, plans to invest $1.8 billion in a new OLED display factory in northern Vietnam this year. The facility, located in the…
Germany’s sharpest downturn in seven months drags Eurozone into contraction
German business activity contracted at its fastest pace in seven months, according to data released on Monday. The HCOB German flash composite Purchasing Managers’ Index (PMI), compiled by S&P Global,…
Constellation Energy stock surged: brace for a pullback
The Constellation Energy Corporation (NASDAQ: CEG) stock price went parabolic on Friday, reaching its highest point on record after inking a deal with Microsoft, the second-biggest company in the world. …
Groupon stock price rare pattern points to more downside
Groupon (GRPN) stock price has suffered a harsh reversal in the past few weeks as concerns about the e-commerce industry continued. It retreated to a low of $10.85, down by…
Yelp stock is cheap: is it a classic value trap or a bargain?
Yelp (NYSE: YELP) stock price has gone nowhere since 2015 as concerns about its growth and role in the tech industry has remained. In this period, it has remained inside…