The S&P 500 Industrials sector bounced back more than 1% on Friday, marking one of its strongest sessions in the past month. This rebound followed a drop below the 200-day moving average (DMA) on Thursday, ending a streak of 340 consecutive closes above that level—the longest since March 2018. The sector is currently testing a support level that held during a previous pullback in spring, suggesting potential stabilization or recovery ahead.
BTIG increased its price target for Cullinan Therapeutics to $40, reflecting a potential 93% upside from the current stock price of around $20.73. This upgrade follows successful Phase 3 trial results for zipalertinib, a treatment for non-small cell ...
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
Bitcoin surged past $78,000, hitting an intraday high of $78,940, as traders reacted to mixed signals from President Trump and Iran regarding a potential US-Iran agreement. The rebound coincided with a recovery in U.S. equities, despite ongoing geopo...
Avalanche blockchain technology will underpin the UAEPASS Digital Vault, part of the UAE's national identity platform used by 12.5 million people. The upgrade, led by Deca4 in coordination with the UAE's Telecommunications and Digital Government Regu...
