Stock Research

Intel Corp (NASDAQ: INTC) has been striving to establish itself as a significant player in the artificial intelligence (AI) sector. However, Eric Ross, Chief Investment Strategist at Cascend Securities, warns that Intel is not truly an AI stock.  Ross criticizes Intel for lagging in process technology advancements over the past decade, which has contributed to… Continue reading Strategist warns on Intel’s AI prospects as stock plunges 20% amid job cuts and dividend suspension

The United Nations Food and Agriculture Organization (FAO) released its latest data on Friday, indicating a slight dip in the global food price index for July. The index, which monitors the prices of the most internationally traded food commodities, fell to 120.8 points, down from a revised 121.0 in June. This slight decrease marks a… Continue reading UN food price index dips slightly in July

US stocks faced significant selling pressure Thursday afternoon, driven by disappointing economic data and a sharp decline in chip stocks. This led to losses across all three major indexes, following the Federal Reserve’s indication of a likely rate cut in September. The S&P 500 declined nearly 1.5%, and the Nasdaq Composite reversed its earlier gains,… Continue reading US stocks tumble amid weak economic data: What went wrong?

Eli Lilly and Company (NYSE: LLY) recently announced promising results from its SUMMIT phase 3 trials, focusing on the efficacy of the tirzepatide injection. The positive findings have sparked investor interest, driving the stock up by 3% today. These results are not only significant for Eli Lilly but also hold potential for millions of patients… Continue reading Eli Lilly’s tirzepatide injection results could trigger another bull run: Here’s why

CleanSpark, the Nasdaq-listed Bitcoin miner, has announced significant expansions to its mining operations with groundbreaking facilities in Wyoming. This move positions CleanSpark as the second-largest Bitcoin miner in the United States by market cap, surpassing Riot Platforms whose stock has retreated for nine straight days although analysts at H.C Wainwrite are bullish on it. Marathon… Continue reading CleanSpark expands in Wyoming, overtakes Riot as second-largest Bitcoin miner in US

Lockheed Martin (NYSE: LMT), a titan in the defense and aerospace sector, is back in the spotlight after experiencing seven consecutive days of gains. This surge follows the company’s recent Q2 earnings report, but the reasons behind this rally go beyond a single quarterly update. As geopolitical tensions simmer globally, Lockheed Martin’s stock is reflecting… Continue reading Lockheed Martin’s stock soars: What’s behind the 7-day rally?

Riot Platforms (RIOT) stock price has broken a bad record for the year. It has retreated in the past nine straight days and reached a low of $10, its lowest swing since July 12. It was its longest losing streak since January when it tumbled for six days straight.  Bitcoin price retreat continues Riot Platforms,… Continue reading Riot Platforms stock has a 71% upside: analyst

UK stocks are poised for potential gains following the Bank of England’s (BOE) decision to cut the key interest rate by 25 basis points to 5.0%.  This move, aimed at stimulating economic growth, aligns with historical trends that suggest a positive outlook for benchmark UK indices in the months ahead. Historical performance of FTSE 100… Continue reading How have UK stocks historically performed after BOE rate cuts?

Deutsche Bank upgraded Corning Inc. (NYSE: GLW) to a Buy from Hold, with a new price target of $46, on July 31, 2024. This revision comes in the wake of Corning’s Q2 earnings report released a day prior. Analysts’ views Deutsche Bank’s optimism is pinned on the projected double-digit EPS growth over the next few… Continue reading Deutsche Bank thinks Corning’s stock can reach $46: Should you buy?