Category : Markets News

Progress shares climbed 30% within the final yr, as represented by their benchmark ETF, SPDR Portfolio S&P 500 Progress ETF (SPYG). Biotechnology corporations led good points, with names like Sera Prognostics, Inc. and EyePoint Prescribed drugs, Inc. notching greater than 500% good points over the previous yr. The information beneath

Key Takeaways Kraft Heinz gross sales declined after the meals large raised costs to offset larger prices and as customers pulled again spending on its merchandise. The maker of Jell-O and different meals merchandise mentioned it confronted business headwinds brought on by shopper strain. Kraft Heinz mentioned it expects shopper

Greek world delivery firm Star Bulk Carriers Corp. (SBLK) leads for February 2024 amongst dividend-paying shares beneath $25 with the very best ahead dividend yield and optimistic complete returns within the final 12 months. The corporate’s shares returned 0.7%, whereas it enjoys a ahead dividend yield of 33.8%. Traders typically

Amongst extremely traded shares with a concentrate on synthetic intelligence (AI) for February 2024, cell enterprise cloud platform supplier Phunware Inc. (PHUN) tops our checklist. The agency lately introduced that it will shift to powering its cell engagement enterprise by means of AI, contributing to an enormous 30-day common every

Tech shares have made spectacular good points over the previous 12 months, pushed by a growth in synthetic intelligence (AI) and a pause in rate of interest hikes by the U.S. Federal Reserve. The highest tech shares for February 2024 are a various group, together with a buy-now-pay-later platform, an

Greek drybulk delivery firm Globus Maritime Restricted (GLBS) tops our record of undervalued shares buying and selling at lower than $50 for February 2024, with a price-to-book ratio of 0.25 and 83% returns within the final 12 months. A low price-to-book ratio could also be a sign that an organization’s

Key Takeaways Shares of Albemarle gained shut to three% Thursday after the world’s largest lithium producer reported document annual income, boosted by new subsidiary Ketjen's gross sales. Gross sales at Kenjen, which it launched in January of final yr, soared 45% from a yr in the past. Albemarle has been

Key Takeaways Tremendous Micro Pc shares jumped in early buying and selling Friday earlier than reversing course and heading sharply decrease as Wells Fargo mentioned a lot of the upside associated to Synthetic Intelligence-fueled development is already mirrored within the value. The inventory had surged 14% to a document excessive

Key Takeaways Stellantis reported file excessive income and revenue for 2023, regardless of a success to its working earnings margin from the United Auto Employees strike. International battery EV gross sales rose 21% in 2023 from a 12 months earlier. CEO Carlos Tavares stated the EV enterprise recorded a revenue,

Key Takeaways Agricultural and development tools maker Deere exceeded revenue and gross sales forecasts for its first quarter of fiscal 2024, although its income fell 8% from a yr earlier. The corporate lowered its full-year steerage in anticipation of shoppers holding off on replenishing their fleets. Shares dropped over 5%