Daily Trade

The Food and Drug Administration late Friday approved the first-ever pill that can be taken at home for postpartum depression. The medication, called zuranolone, and jointly developed by pharmaceutical companies Biogen Inc. BIIB, +0.44% and Sage Therapeutics SAGE, +0.25%, is taken daily for two weeks, the FDA said in its release. In a pair of clinical trials involving women

Artificial intelligence and data analytics are two of the most revolutionary technologies of our time, and at the heart of this revolution is Palantir Technologies (NYSE:PLTR). This software giant has carved out a significant slice of the market with its innovative data integration and AI-driven platforms, but is PLTR stock a wise investment choice after

U.S. stocks trudged higher on Friday as the S&P 500 and Nasdaq Composite attempted to snap a three-day losing streak while investors parsed the July jobs report from the Department of Labor along with Big Tech earnings from Amazon and Apple. What’s driving markets The Dow Jones Industrial Average DJIA rose 190 points, or 0.5%,

It shouldn’t surprise anyone in the U.S. that July 2023 was the hottest month ever recorded on Earth. It is so hot that some cities have gone an entire month without temperatures falling below 100 degrees Fahrenheit. Coincidentally, 2023 has been the summer for sizzling stocks.  The S&P 500 is up nearly 10% since the

SYDNEY — The Reserve Bank of Australia remains confident that it will tame inflation over the coming years, bringing it back within the desired 2% to 3% target band by the end of 2025. The RBA’s latest set of forecasts predict that the annual rate of inflation will be running at 2.75% by the end

It’s time to buy battery stocks. With the world going green, we’re seeing a massive shift to electric vehicles. Coupled with government incentives, stricter emissions regulations, advancements in technology, and global leaders demanding millions of EVs in the next decade, anything EV-related has been explosive. That includes demand for electric vehicle batteries. “As the global

U.S. stocks traded lower on Thursday and pointed to a third consecutive decline as rising Treasury yields continued to put pressure on equities while investors digested second quarter earnings reports. What’s happening Dow Jones Industrial Average DJIA falls 131 points, or 0.4%, to 35,152. S&P 500 SPX dropped 19 points, or 0.4%, to 4,494. Nasdaq

For all the focus on Nvidia (NASDAQ:NVDA), Advanced Micro Devices’ (NASDAQ:AMD) strategy in the AI space is steadily gaining momentum. While it has yet to benefit significantly from its high-end AI accelerators, the company is set to ship these in Q4. Moreover, large-scale cloud service providers have been considering these accelerators as alternatives to Nvidia.

Delivery app DoorDash Inc. on Wednesday reported a slightly bigger second-quarter loss than expected but sales that beat estimates, and the company said it would keep investing in new businesses. DoorDash DASH, -0.70% reported a net loss of $172 million, or 44 cents a share, compared with $263 million, or 72 cents a share, in

Palantir (NYSE:PLTR) stock is among the names that have seen impressive moves in recent weeks. In fact, shares of PLTR stock surged over 10% because a veteran Wall Street analyst initiated coverage and had some positive remarks. The market’s momentum further boosted gains. While many analysts on Wall Street have been bullish about the stock,

Despite the U.S. stock-market rally this year bolstered by the euphoria around artificial intelligence and hopes that the U.S. economy can avoid a recession as inflation falls, stock prices have been anything but simple to predict this year, a challenge exemplified recently by some of the Wall Street’s most prominent analysts. Oppenheimer Asset Management analysts

I don’t know if you’ve been following the Elon Musk rebranding of Twitter. He’s now calling it “X” and plans to turn the social media platform into a super app where you can do just about everything. “In the months to come, we will add comprehensive communications and the ability to conduct your entire financial

The Mega Millions jackpot climbed to $1.05 billion this week, marking the fifth time in U.S. history that the lottery game’s prize has climbed over the billion-dollar threshold. How did it get so high? There have been 29 straight draws without a Mega Millions winner since April 18, and the $1.05 billion jackpot is tied

Li Auto (NASDAQ:LI) stock could be on the move as the company is due to report earnings Aug. 8. Analysts expect about 24 cents/share of earnings on revenue of $3.7 billion. Those are huge gains from a year ago, when there was a loss of 3 cents per share on revenue of $1.22 billion. Things

Dear Quentin, I don’t know if any of your readers have had similar experiences, but here goes. I received a call from my bank, Citibank, and was told that I had been the victim of online fraud. Except it wasn’t Citibank. It was late on a Sunday evening, and I was tired and getting ready

Recently reported results of several electric vehicle (EV) makers indicated that EV sales have been resilient so far this year, despite persistent macroeconomic challenges. Government incentives and price cuts by most EV makers have driven higher volumes. Citing data from Motor Intelligence, a Wall Street Journal report highlighted that U.S. EV sales increased 50% to

Virgin Galactic Holdings Inc. reports its second-quarter results after market close Tuesday, as the private space company ramps up its commercial operations. Analysts surveyed by FactSet expect Virgin Galactic SPCE, +8.91% to report a loss of 51 cents a share and revenue of $1.2 billion. In June, Virgin Galactic made its first commercial flight when

Oil futures rose early Monday, with both Brent and West Texas Intermediate crude on track for big monthly advances following strong economic data. Price action West Texas Intermediate crude for September delivery CL00, +1.04% CL.1, +1.04% CLU23, +1.04% rose 77 cents, or 1%, to $81.35 a barrel on the New York Mercantile Exchange. September Brent

For many, the Beanie Babies craze of the ‘90s was a harsh lesson in bubble economics. Meaning, they bought the popular stuffed animals and looked to cash in as their value increased, only to see the market tank by the early 2000s. But here’s the twist: There’s actually still a market for those cutely-designed plush

Dear Moneyist, I attended a destination wedding in the spring. I didn’t bring a gift because I didn’t want to carry a large item with me on the plane and then make the newlyweds transport it home. The couple didn’t have a registry, but a month ago I bought them a gift and had it