Alibaba and Chinese Names Surge on Stimulus Report
Major Chinese companies, including Alibaba, saw substantial gains following reports of potential stimulus plans. The effectiveness of the measures remains uncertain but offers hope for the future.
Addressing Concerns for Q4 Earnings
Apple must address concerns including declining revenue, growth timelines, and a clear China strategy in its upcoming Q4 earnings report.
Oil Prices Consolidate After Attack on Israel
Oil prices retreat after surge in response to attack on Israel by Hamas; potential impact on global oil market analyzed
Bond Yields Fall as Treasury Market Reopens
Bond yields experienced a sharp decline at the start of the week as the Treasury market reopened following an extended weekend. Traders are adjusting their expectations in light of signs suggesting that the Federal Reserve may not raise rat...
FDA Rejects Approval Application for Alnylam's Drug, Onpattro
FDA rejects approval application for Alnylam's drug, causing stock price drop. Concerns over clinical effectiveness of Onpattro's new indication. Alnylam disappointed but remains determined.
Anaptys Reports Positive Results in Phase 3 Trial for Imsidolimab in Generalized Pustular Psoriasis
Anaptys reports positive results in Phase 3 trial for imsidolimab, showing rapid clearance of pustulation, erythema, and scaling in patients with generalized pustular psoriasis. The drug also has a favorable safety profile. Future plans inc...
Citigroup to Sell China Consumer Wealth Portfolio to HSBC
Citigroup plans to sell its onshore consumer wealth portfolio in China to HSBC Holdings as part of its exit strategy in Asia, contributing to HSBC's expansion in the country.
The Transformative Power of Technology in the Stock Market
Hope for the transformative power of technology has driven the stock market's recent rally, but it will take more than macro factors to sustain this momentum. The tech sector's Magnificent Seven has been instrumental in propelling the marke...
Bond Yields Give Way to Earnings as Market Driver
The stock market experienced volatility due to surging bond yields but is now shifting its focus to earnings as the main driver of performance. Earnings season may bring potential disappointment.
PayPal Holdings Inc.: A Show-Me Story in the Near Term
PayPal Holdings Inc. has potential ahead but needs to address uncertainties to gain investor confidence. Analyst evaluates challenges, recovery, and future prospects.