Nasdaq 100 and S&P500: AI Momentum, Bank Mergers, and Fed Talks Lift Market
FX Empire· 2025-10-06 14:39
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Skye Bioscience's Investigational Drug Disappoints As Monotherapy For Weight Loss
Benzinga· 2025-10-06 14:39
Skye Bioscience Inc. (NASDAQ:SKYE) stock sank on Monday after the company released topline data from its 26-week Phase 2a CBeyond proof-of-concept study of nimacimab.The nimacimab monotherapy arm did not achieve the primary endpoint of weight loss compared to placebo (-1.52% vs. -0.26 for placebo, mITT).Preliminary pharmacokinetic analysis showed lower than expected drug exposure of nimacimab, supporting evaluation of higher dosing.Also Read: Skye Bioscience Advances Position In Competitive Obesity Market W ...
Here’s Middle Coast Investing’s View on Alphabet (GOOG)
Yahoo Finance· 2025-10-06 14:38
Middle Coast Investing, an investment advisor firm, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter was favorable for Middle Coast Investing. Its collective portfolio outperformed the S&P 500 and is ahead of benchmarks year to date. In Q3 2025, the US Portfolios returned 9.6% compared to 7.8% for the S&P 500. It’s Core U.S. portfolios returned 10% while the Russell 2000 returned 12%, the S&P 600 returned 8.7% and the Nasdaq generated 11.2% for ...
Nvidia's stock could soar another 45%. Here's why one analyst says any bears are wrong.
MarketWatch· 2025-10-06 14:38
As AI infrastructure spending continues to rise, one bull sees a path for Nvidia's stock to reach $275 ...
JPMorgan names Hillery, Wiltz as EMEA co-CEOs, memo says
Reuters· 2025-10-06 14:38
JPMorgan Chase on Monday named Conor Hillery and Matthieu Wiltz as co-chief executive officers for Europe, the Middle East and Africa, according to an internal memo seen by Reuters. ...
Will NIO's CBU Mechanism Help It Manage Expenses Efficiently?
ZACKS· 2025-10-06 14:36
Key Takeaways NIO introduced its CBU mechanism to control R&D expenses and enhance operational efficiency.Each business unit tracks costs independently with ROI targets and performance-based incentives.NIO targets quarterly R&D spending of RMB 2B and SG&A below 10% of sales revenues by Q4 2025.NIO Inc. (NIO) implemented a series of measures under its Cell Business Unit (CBU) mechanism to better control R&D expenses, starting from the second quarter of 2025. Per 36kr, the core idea behind NIO’s CBU system is ...
Will Product Innovation Keep Western Digital's Momentum Strong?
ZACKS· 2025-10-06 14:36
Key Takeaways Western Digital shipped 190 exabytes in Q4, up 32% year over year, led by nearline drive demand.Shipments of 26TB CMR and 32TB UltraSMR drives more than doubled, topping 1.7 million units in June.WDC projects Q1 FY26 revenues of $2.7B and earnings of $1.54, backed by robust data center demand.Western Digital Corporation (WDC) is experiencing strong growth driven by the surging demand for high-capacity storage fueled by cloud computing and AI. As the company delivers cutting-edge HDD technology ...
Sherwin-Williams Acquires BASF's Brazilian Paint Business Suvinil
ZACKS· 2025-10-06 14:36
Key Takeaways Sherwin-Williams completed its acquisition of BASF's Brazilian architectural paints business, Suvinil.The deal adds an entity that aligns directly with SHW's long-term growth strategy.The acquisition strengthens SHW's Consumer Brands Group and supports long-term Latin American growth.The Sherwin-Williams Company (SHW) recently announced the completion of the acquisition of BASF’s Brazilian architectural paints business, Suvinil, in accordance with the agreement announced in February this year ...
Lemonade (LMND) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-10-06 14:36
From a technical perspective, Lemonade (LMND) is looking like an interesting pick, as it just reached a key level of support. LMND recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.The 20-day m ...
MEXC Review October 2025: Is It A Safe Crypto Exchange?
Ventureburn· 2025-10-06 14:35
Choosing a crypto exchange can be tricky, especially with so many claiming to offer the best fees, the most tokens, and the safest platforms. MEXC, which has been around since 2018, is a name that’s becoming increasingly popular globally. But as it grows, many are left wondering: Is MEXC a safe crypto exchange? In this MEXC review, we’ll take a closer look at the exchange’s security measures, user experience, supported assets, and overall reliability to help you decide if it’s the right platform for your tr ...