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You are here: Home / Archives for US Top News and Analysis

Truist upgrades DraftKings, says sports betting stock has clear path to profitability

August 8, 2023 by US Top News and Analysis

Truist upgraded shares to buy from hold following the company’s better-than-expected second-quarter results.

Filed Under: Uncategorized

BMO names this software stock as a top pick, citing A.I. tailwinds

August 8, 2023 by US Top News and Analysis

Analyst Keith Bachman named Adobe to his top picks list, citing potential upsides from generative AI and a reasonable valuation.

Filed Under: Uncategorized

Restaurant Brands’ sales rise, fueled by Burger King and Tim Hortons growth

August 8, 2023 by US Top News and Analysis

Burger King and Tim Hortons both reported double-digit same-store sales growth.

Filed Under: Uncategorized

Eli Lilly raises full-year guidance as Mounjaro, other drugs drive second-quarter profit up 85%

August 8, 2023 by US Top News and Analysis

Eli Lilly’s stock has been on a tear, driven by positive trial results for its Alzheimer’s drug and progress with its promising obesity drug pipeline. 

Filed Under: Uncategorized

Tucker Carlson could see Rebekah Mercer, Peter Thiel invest in his media company

August 8, 2023 by US Top News and Analysis

Former Fox News host Tucker Carlson could see Rebekah Mercer and Peter Thiel become investors into his new media company.

Filed Under: Uncategorized

Home improvement retailers downgraded by research firm Telsey, citing end of post-Covid boom

August 8, 2023 by US Top News and Analysis

The firm downgraded both shares to market perform from outperform, citing a weakening housing market.

Filed Under: Uncategorized

UPS cuts margin and revenue forecasts as new labor contract weighs

August 8, 2023 by US Top News and Analysis

United Parcel Service on Tuesday cut its full-year revenue and margin forecasts as the delivery company expects a hit to volumes from a new labor contract.

Filed Under: Uncategorized

Goldman says this little-known biotech stock could more than double

August 8, 2023 by US Top News and Analysis

The firm initiated a buy rating on shares, citing its promising fatty acid synthase (FASN) inhibitor technology.

Filed Under: Uncategorized

It’s official: Scientists confirm July was the hottest month ever recorded

August 8, 2023 by US Top News and Analysis

“These records have dire consequences for both people and the planet exposed to ever more frequent and intense extreme events,” said C3S’s deputy director.

Filed Under: Uncategorized

Italian bank shares slide after government surprises with windfall tax

August 8, 2023 by US Top News and Analysis

Italian banking shares took a beating on Tuesday after Italy’s cabinet surprised with a 40% windfall tax on lenders’ “excess” profits in 2023.

Filed Under: Uncategorized

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