Beyond Novo: Fund manager likes this under-the-radar pharma stock with a weight loss drug in the works
“We like to go find better value in the road less travelled,” Sean Peche of Ranmore Fund Management says of the stock. Analysts give it nearly 30% upside.
Port strike ends as workers agree to tentative deal on wages and contract extension
The strike was the first by the ILA since 1977, and it impacted port operations at 36 different ports, including the 10 busiest ports in North America.
Here’s everything to expect when the September jobs report is released Friday
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of 4.2%.
Trump election conspiracist Tina Peters sentenced to 9 years in prison by Colorado judge
Tina Peters, the former Mesa County, Colorado, clerk, falsely claimed Donald Trump lost the 2020 election to President Joe Biden due to ballot fraud.
A recession is imminent and favored tech stocks set to crater like the ‘Nifty Fifty’ did, BCA Research says
The rise and fall of the Nifty Fifty stocks in the 1970s is a cautionary tale for investors in the Magnificent Seven craze, according to BCA Research.
Stellantis CEO says too soon to confirm 2025 dividend as shares slide
Shares slid their lowest since July 2022 as investors fret that soaring costs of reviving the automaker’s U.S. business will threaten payouts to shareholders.
U.S. crude oil jumps as Biden comments on possible Israel retaliation against Iran
Supply disruption risks are increasing as fighting in the Middle East intensifies, according to analysts.
European markets close 1% lower as investors focus on Middle East escalation
European stocks closed lower Thursday as conflict in the Middle East weighed on regional investor sentiment.
Biden administration can move forward with student loan forgiveness, federal judge rules
A federal judge will let expire a temporary restraining order against the Biden administration’s sweeping new student loan forgiveness plan.
CNBC’s Inside India newsletter: The ‘sticky’ outsourcing firms on the rise
Inside India looks at the growing trend in outsourcing research and development to India, and how India will fabricate its first microchip in two years.
