Fidelity International's Ian Samson expects gold to resume its bull market in 2027 after a recent price dip from an all-time high near $5,600 per ounce. Despite gold's worst quarterly performance in over a decade, the long-term bullish outlook remains intact due to ongoing macroeconomic factors like inflation and central bank policies. Samson suggests gold prices may hold near $4,000 per ounce in the near term and highlights central bank demand as a key driver for future price increases. Tactical challenges remain, but the firm plans to overweight gold again when clear bullish signals emerge.
Bicara Therapeutics is progressing its Phase 3 trial of ficerafusp alfa for head and neck cancer, expecting interim results by mid-2027 that could support accelerated approval. The company holds nearly $500 million in cash and securities, funding ope...
Mercury Systems reported a Q4 EPS of $0.37, slightly below analyst estimates of $0.38, but exceeded revenue expectations with $289.78 million, a 6.1% increase year-over-year. The company showed robust demand with record bookings of $660 million and a...
Klarna shares dropped 22.81% after cutting its earnings outlook and announcing leadership changes, raising investor concerns. Fabrinet's stock fell 19.38% despite strong quarterly results due to a broader sell-off in AI infrastructure stocks. Leverag...
ProPhase Labs' stock soared 506.62% to $27.48 following a 1-for-4 reverse stock split aimed at consolidating shares and boosting price per share. Other notable gainers include Inpixon (+113%), Super League Gaming (+82%) after a major Bitcoin investme...
American Airlines is bringing back seatback entertainment screens and adding premium seats to its narrowbody jets starting in 2028. This move responds to traveler demand, especially from younger passengers, and aims to close the profit gap with compe...
