In a recent court filing, the FTC dropped its challenge to Amgen’s takeover bid of Horizon Therapeutics (NASDAQ: HZNP). The FTC sought to block the acquisition in an effort to strengthen its antitrust enforcement policies. The agency felt that the merger would potentially lead to anti-competititive practices and price...
Throughout the entire month of September, Bitcoin had been traveling in a lazy sideways channel, bouncing between a floor of 25150 and a high of 28000. Throughout September, the 200 Simple Moving Average(SMA, shown in red below) held up as a strong level if resistance, keeping Bitcoin from rallying.
Then...
The Wednesday That Could Shake Wall Street
Some weeks are filled with chatter. Others are heavy with decisions. This week is both. A highly anticipated Fed decision is scheduled for Wednesday, right alongside a flood of earnings from some of the world’s most powerful tech companies. These events are landing...
After a 3-year drought, crypto bulls are once again basking in the limelight as bitcoin and its altcoin peers continue to take out fresh highs. Bitcoin hit a 24-hour high of $38,737.65 on Friday, coming within touching distance of its all-time high of $41,940 that it set just over...
Big Pharma companies have built empires out of human pain without managing to come close to addressing the number one cause of disability in the world: Depression, a disease that costs the economy a trillion dollars in lost production every year.
But while Big Pharma is turning over billions in...
Get ready for Tactical Tuesday! The market's playing a game of musical chairs today. The EU's checking in on big tech, sending those stocks for a breather. Chipmakers had a wild ride on China news, but hey, Micron's stealing the semiconductor spotlight with those earnings!
Meanwhile, oil prices are feeling...
As the curtain closes on the stock market’s acclaimed ‘good’ season, we stand at the crossroads of profit and prudence. With portfolios plumped up like Thanksgiving turkeys, thanks to a 22% feast since November, the temptation to pocket those gains and saunter into summer is palpable.
But before you decide...
Big Tech’s AI Gamble: Is Wall Street Ready to Wait?
Welcome to this week’s edition of The Market Pulse, where we dive deep into the critical crossroads of AI innovation, tech earnings, and Wall Street's ticking clock. This week, the Magnificent 7—led by Microsoft, Tesla, Meta, and Apple—report quarterly results,...
Global Investment Daily Featured Stock: Hims & Hers Health Inc.
In the labyrinth of financial markets, where the allure of fast-paced tech stocks often overshadows the steady drumbeat of more traditional sectors, healthcare stocks tend to whisper rather than shout for investors’ attention.
Traditionally viewed as the tortoises in a race...
