For people suffering from myasthenia gravis (mg) and other debilitating autoimmune disorders, daily life can be miserable. Patients suffering from mg complain about extreme muscle weakness and fatigue, which can make routine activities like chewing and swallowing very difficult to accomplish. Immunovant (NASDAQ: IMVT) just reported after early-stage data from...
In a world where nearly 1 in 10 people go to bed hungry every night, food security is arguably the single biggest problem facing humanity. And it’s a problem that’s only going to get worse.  In fact, by 2050, the world’s population could increase from today’s 8.1 billion to as many...
When the Numbers Don’t Add Up This week’s investing puzzle just got more complicated, and it’s not just inflation, jobs, or rates. It’s whether the data we’re using to make decisions is even reliable in the first place. That’s right. U.S. economic data, long considered the gold standard, is now under...
Welcome to The Market Pulse, your weekly dose of market insights from Global Investment Daily. Today, we're challenging a Wall Street adage that might make you want to pack your bags and head for the beach: "Sell in May and go away." But before you start planning your summer getaway,...
Deja vu, anyone? GameStop, the video game retailer that became a meme stock sensation in 2021, is back in the spotlight – and investors are once again feeling the sting. This time, the losses are even more staggering, with a whopping $13.1 billion evaporating in just three days. In this...
Why is the market so resilient, yet so vulnerable? In recent weeks, investors witnessed a brief but sharp sell-off that left many scratching their heads. The stock market's rapid rebound, despite concerning economic signals, has sparked debates about the underlying health of the global economy. Deutsche Bank's latest analysis...
As we kick off the final week of the month and second quarter, the S&P 500 is flirting with record highs despite a slight wobble in tech stocks like Nvidia. For equity bulls, the stars seem aligned with seasonal factors providing a supportive backdrop. In today’s issue, we dive into...
Phase Two of the $700B electric vehicle boom—the electric boat rush—is becoming just as crowded as its four-wheeled predecessor, with so many start-ups dotting this landscape it’s dizzying.  Loads of debt, problems getting into production, far-off delivery dates that make revenues a thing of the distant future—if at all—and failures-to-deliver...
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...
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...