Articles

: EyePoint Pharmaceuticals’ stock soars 200% after company announces positive data for macular degeneration treatment

EyePoint's stock is on track for its biggest ever one-day percentage gain in heavy volume.

Key Words: El Salvador’s President has ‘no intention of selling’ the country’s bitcoin holdings, despite rally

El Salvador’s President says the country’s bitcoin holdings now total over $130 million — up 2.84%, or $3.6 million, since 2021.

Market Extra: Here is how investors can profit from the market getting carried away with 2024 rate-cut hopes

A top strategist at Goldman Sachs Group has a recommendation for traders who think markets have once again been too quick to bet on multiple Federal Reserve interest-rate cuts next year.

: Virgin Galactic’s stock slides 17% after Sir Richard Branson rules out further investment

Virgin Galactic's stock is on pace for its biggest daily percentage decline since June 23, 2023, when it fell 18.4%

Financial Crime: Swiss mess: Geneva’s Banque Pictet settles with U.S.over hiding $5.6 billion from IRS

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: Hawaiian Air’s 2-year bonds soar 18% on news of Alaska Air takeover

Alaska Air is buying smaller regional carrier Hawaiian Air for a huge premium.

The Moneyist: My late brother’s three children say they should receive the same annual monetary gifts their grandmother gives to her other children. Are they entitled?

“As the person with power of attorney, I encouraged her for the past few years to give gifts to her children and grandchildren.”

Banking: Tight monetary policy, economic headwinds fuel negative outlook on banks from Moody’s

Higher cost of capital will cause profitability gains to slow down while impacting loan growth. Banks are expected to build up reserves to shore up their balance sheets in an economic slowdown.

Commodities Corner: Why the rally in uranium that lifted prices to a 15-year high may not be over

Though the rally for uranium may not be over, prices would still need to rise significantly to reach a new record high.

: Ex-congressman George Santos is selling $150 videos on Cameo

GOP representative was expelled from the U.S. House in a historic vote last week after committee found "substantial evidence" of lawbreaking.

The Tell: Stock market will struggle to rise by more than 2% by mid-2024, says Stifel’s Bannister

U.S. stocks have jumped this year, but the S&P 500 index will probably struggle to rise much above 4,650 into mid-2024, says Stifel chief equity strategist Barry Bannister.

Mark Hulbert: Gold’s rally has nearly run its course

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