Stock Research

Eli Lilly (NYSE: LLY) has achieved a major milestone by securing regulatory approval for its weight management drug, Mounjaro, in China.  This development, confirmed through the company’s official WeChat account, represents a significant expansion in Eli Lilly’s global footprint. The approval was granted by the National Medical Products Administration (NMPA), China’s regulatory authority for pharmaceuticals. … Continue reading Eli Lilly secures weight loss drug approval in China: How do rivals stack up?

On Friday, a significant IT outage linked to a software update at CrowdStrike Holdings Inc. (NASDAQ: CRWD) caused widespread disruptions across multiple industries, including healthcare, air travel, and financial services.  Despite the CrowdStrike-related issue, the New York Stock Exchange (NYSE) confirmed it was “fully operational” and expected a normal trading session.  Similarly, Nasdaq reported that… Continue reading CrowdStrike’s IT meltdown: Did it shake up US stock exchanges on Friday?

CATL, the world’s biggest electric vehicle (EV) battery manufacturer, has achieved a groundbreaking milestone by successfully testing a battery that powers a four-ton electric aircraft.  This advancement marks a significant step forward in the development of commercial electric planes, which could play a crucial role in reducing aviation’s impact on global warming. CATL’s new battery… Continue reading World’s largest EV battery maker CATL powers 4-ton electric plane, marks major progress in aircraft electrification

ArcelorMittal, the global leader in steel and mining, has successfully ended a 55-day blockade at one of its Mexican sites. The resolution follows the approval of a new settlement by workers, which includes an 8% pay increase and a review of their collective bargaining agreement. Workers’ protest and blockade The protest, which began in late… Continue reading ArcelorMittal resolves 55-day Mexican blockade with 8% pay hike and new settlement

Equifax Inc. (NYSE: EFX) delivered a robust performance in its Q2 2024 earnings, surpassing expectations and igniting a flurry of optimistic reactions from financial analysts. Analysts at Goldman Sachs raised their target from $246 to $277, maintaining a ‘Neutral’ stance. Baird, seeing more potential, pushed their target from $260 to $290, sticking with an ‘Outperform’… Continue reading Equifax’s solid Q2 leads to price target hikes by Goldman Sachs, Baird, and Needham: Should you buy?

CrowdStrike Holdings Inc. (NASDAQ: CRWD), a prominent name in the cybersecurity sector, is facing a challenging outlook according to a recent analysis by Redburn Atlantic.  Analyst Nina Marques has issued a “sell” rating for CrowdStrike, forecasting a potential decline in its stock price to $275—a further 23% drop from its previous close.  This comes on… Continue reading CrowdStrike stock could drop to $275 amid valuation concerns, analyst warns

Nvidia (NVDA) has enjoyed a meteoric rise this year, with its stock surging 141% amid a booming AI sector. Despite a recent 17% dip from its all-time highs, Nvidia remains the standout player in the AI revolution.  However, with Nvidia’s stock possibly having peaked, savvy investors might be contemplating where to channel their capital next. … Continue reading Is Intel the smarter investment as Nvidia peaks? Here’s why

Netflix Inc. (NASDAQ: NFLX) posted impressive second-quarter results that exceeded market expectations, but its stock is experiencing a dip in after-hours trading.  The streaming giant’s robust financial performance was significantly buoyed by the success of its ad-supported tier memberships, highlighting its strategic shift in revenue generation. In Q2, Netflix reported earnings of $4.88 per share… Continue reading Netflix reports strong Q2 earnings with 34% ad-tier membership growth, but stock falls

LATAM Airlines is set to relist its shares on the New York Stock Exchange in a move that could fetch it a valuation of $8.5 billion, the company said on Thursday as reported by Reuters. Certain shareholders of the company launched a public offering to sell 19 million American Depositary Shares (ADSs), each representing 2,000 common… Continue reading LATAM Airlines to relist on NYSE with potential valuation of $8.5 billion