The ProShares UltraShort Bloomberg Crude Oil ETF (SCO) provides -2x daily inverse exposure to WTI crude oil but has lost about 99.5% of its value over the past decade due to extreme volatility and a high expense ratio of 0.95%. It is generally unsuitable for most investors because of poor long-term performance but could present a tactical opportunity amid ongoing geopolitical tensions, especially involving Iran and the Strait of Hormuz, which keep oil prices elevated. The analyst is monitoring the period around December 2026 to January 2027 for a potential entry point, contingent on signs of global oil inventories stabilizing and rebalancing.
Dayton T. Brown, Inc. inaugurated its new 104,000-square-foot Test & Qualification Center in Huntsville, Alabama, enhancing its capacity to support aerospace, defense, and propulsion programs. The facility's strategic location near Huntsville's aeros...
A new study by The Grossman Group reveals that while 60% of chief communications officers (CCOs) have influence at the leadership level, their communications functions lack the necessary systems, skills, and AI capabilities to fully meet their mandat...
More than 200 companies are actively developing over 240 Alzheimer's disease therapies, with around 20 drugs in late-stage trials and many others in earlier phases. Key players include Eli Lilly, Biogen, Johnson & Johnson, and Eisai, focusing on inno...
Sagimet Biosciences has initiated a crucial Phase 3 clinical trial in the U.S. for denifanstat, an oral treatment targeting moderate to severe acne. The trial, named AURORA, aims to enroll around 800 patients, including adolescents, to support regula...
Nokia reported third-quarter 2026 earnings per share of $0.10, surpassing the $0.08 estimate, and revenue of $5.78 billion, exceeding the $5.72 billion forecast. The company's AI and cloud sales surged 123%, driven by high demand for its IP Networks ...
