Monday, June 9

Markets

Celebrity chef Andrew Gruel recently shared insights on the FDA’s new dietary guidelines and the growing concern over ultra-processed foods during an appearance on ‘Varney & Co.’ The discussion comes amidst an alarming public health announcement regarding a significant recall of eggs sold at Costco locations. The U.S. Food and…...

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In a recent appearance on “The Claman Countdown,” Bob Doll, CEO and CIO of Crossmark Global Investments, shared his perspectives on how the incoming Trump administration might impact stock market dynamics. As the markets approached the tumultuous Christmas season, they experienced notable fluctuations, leading to an overall decline exceeding 1%…...

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In a recent segment of ‘The Claman Countdown,’ former Valkyrie CIO and co-founder Steven McClurg analyzed the influence of the Trump administration on the burgeoning cryptocurrency landscape. The discussion comes in the wake of rising concerns regarding regulatory changes that could impact the cryptocurrency market, especially considering the administration’s stance…...

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Asian shares found stability on Thursday, influenced by an upcoming housing policy briefing in China that has fostered some optimism for the struggling property sector. The U.S. dollar maintained its position near 2.5-month highs, buoyed by the growing possibility of Donald Trump winning the presidential race. Recent shifts in market…...

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As the November presidential election approaches, betting odds are showing a favorable outlook for former President Donald Trump, with Polymarket placing his chances of victory at 59.5%. This marks a notable rebound from the dip in his odds following the mid-September debate against Kamala Harris, where she was perceived as…...

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Robinhood has transformed from being primarily recognized as a meme stock trading platform into a more comprehensive wealth management service focused on sophisticated investing. This evolution marks a significant shift in the company’s strategy, with recent announcements revealing plans to introduce futures and index options trading on their app. These…...

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Robinhood has recently launched its highly anticipated desktop trading platform named ‘Robinhood Legend’ and introduced futures and index options trading features within its mobile app. This move marks a strategic shift for the fintech company, which is well-known for its commission-free trading model that gained popularity among individual investors in…...

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In a recent discussion about the evolving landscape of cryptocurrency regulation, Coinbase’s Chief Legal Officer Paul Grewal highlighted the growing influence of a ‘crypto voter’—a demographic increasingly engaged in the political process based on candidates’ stance on crypto issues. Former President Donald Trump is notably eyeing this voter base as…...

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On Wednesday, the biotechnology sector experienced a significant surge, specifically for companies focused on RNA-editing therapies, following impressive results from a clinical trial conducted by Wave Life Sciences Ltd. This trial demonstrated the potential of its innovative treatment aimed at a genetic disorder that leads to severe lung and liver…...

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Netflix (NFLX) is poised to announce its fiscal third quarter earnings after the market closes on Thursday, aiming to navigate a high-performance threshold as its stock hovers near historic highs. As analysts anticipate the potential for another price hike, projections for full-year earnings are optimistic. According to a Bloomberg poll,…...

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Baseball may have lost its status as America’s national pastime to football, but a recent National League Championship Series between the New York Mets and Los Angeles Dodgers has showcased baseball’s ability to attract significant viewership, even overshadowing the NFL’s prime-time broadcast. According to Nielsen data, NBC’s “Sunday Night Football”…...

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The small-cap Russell 2000 index (^RUT) has recently exhibited a remarkable performance, climbing over 1.5% in a single day and moving closer to its 52-week high of 2,300. This upward momentum marks a significant milestone; if the index maintains its current levels, it will achieve its highest closing value since…...

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Kazia Therapeutics (KZIA) has announced a significant adjustment regarding its American Depositary Shares (ADS) aimed at improving its position on the Nasdaq exchange. The company plans to alter the ADS ratio, with the change set to become effective on October 28, 2024. This strategic move comes in response to Nasdaq’s…...

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U.S. stock index futures experienced mixed signals as investors navigated a relatively subdued market on Wednesday, following a notable selloff in technology and oil sectors from the previous trading session. Market participants were particularly attentive to upcoming quarterly earnings reports from major banks, including Morgan Stanley, which were anticipated to…...

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Editor's Picks

The Container Store, a well-known storage and organizational brand, has recently filed for Chapter 11 bankruptcy, joining other major retail chains such as Party City, Big Lots, True Value, and Rite Aid in making similar decisions amid challenging market conditions. With a workforce of 102 stores across the country, The…