AstraZeneca is emerging as a potential new contender in the booming obesity treatment market after its experimental weight-loss pill delivered encouraging mid-stage trial results, prompting investors and analysts to reassess whether the British drugmaker can challenge the dominance of Novo Nordisk and Eli Lilly. The company said on Monday that patients receiving the highest dose
US stocks moved higher on Tuesday as semiconductor shares extended their recovery from last week’s sharp selloff, while easing tensions in the Middle East and lower oil prices helped improve investor sentiment. The Dow Jones Industrial Average advanced 272 points. The S&P 500 rose about 0.7% while the Nasdaq Composite gained 0.88%. The gains followed
Intuit stock price has crashed this year and is now hovering at its lowest level since September 2020. INTU has plunged 62% from its July last year high, making it the top laggard in the Nasdaq 100 Index this year. Its market cap has slumped from over $215 billion to $83 billion today. Intuit stock
Rocket Lab (NASDAQ: RKLB) stock has slipped into a local bear market after falling by 25% from its highest point this year. It was trading at $113.65, with its market capitalization falling from over $86.8 billion to $65 billion. So, will this crash continue further or rebound? Why Rocket Lab and other space stocks have
The S&P 500 Index has pulled back in the past few days, moving from the year-to-date high of $7,618 to $7,400. This retreat has happened amid profit-taking among investors and as US bond yields jumped following last week’s strong jobs numbers. Still, there is a likelihood that the index and its ETFs like, VOO, SPY,
Astera Labs stock price has gone parabolic in the past few months, mirroring the performance of the semiconductor industry. ALAB jumped to $346 on Monday, up by 253% from its lowest point this year, with its valuation jumping from $16.6 billion in April to $60 billion today. Still, the company faces some major risks, with
LINK is down by less than 1% and continues to trade below $8. The coin staged a modest recovery after falling to a two-year low of $6.99 on Saturday. While short-term sentiment remains mixed, renewed institutional demand and continued ecosystem expansion are reinforcing a constructive long-term outlook for the oracle network. Institutional inflow into Chainlink
Global oil markets are facing renewed uncertainty as the conflict in the Middle East shows little sign of resolution, with Iran and Israel exchanging missile strikes and allied groups threatening to escalate. Prices surged at the start of the week but quickly retreated, underscoring both the volatility of the situation and the market’s fragile balance.
Oil prices plunged more than 3% on Tuesday as Iran and Israel announced a halt in attacks, thereby easing tensions in the Middle East. Gold prices were largely unchanged after slipping to a two-and-a-half month low in the previous session. Silver also continued its fall below $70 per ounce. Meanwhile, copper on the London Metal
Gold prices are facing near-term downside pressure and could test key support levels as weaker overall demand combines with rising expectations of higher US interest rates and a stronger dollar. Metals Focus, a specialist precious metals research firm, forecast on Friday that total gold demand will fall 2% this year to 4,177 tonnes. The decline