The recent steepening of the yield curve is what is known as a bear steepener where long-term rates rise faster than short term rates. That type of steepening is not associated with recession or economic slowing.
Maganomics is Trump's economic plan to boost domestic manufacturing, attracting investors and causing divided opinions. ETFs heavy in manufacturing may benefit.
Vera Therapeutics shares are trading lower by 4.7% Monday afternoon. The company announced an exclusive license agreement with Stanford University for VT-109.
Bolton maintains Buy rating for ON Semiconductor and lowers price target to $66. Weak demand, inventory digestion, and lowered utilization rates expected to impact revenue and margins in near term.
Traders adopted a cautious approach on Monday as they awaited two critical inflation reports due later this week, seeking clarity on Federal Reserve interest rate policy.
Fiber Materials manufactures high-temperature materials and reinforced composites focusing on carbon and related composites. Its products are installed on critical defense platforms and NASA programs such as Stardust, Mars Curiosity, Orion, and Mars 2020.
Shares of health insurance companies are trading higher after The Centers for Medicare and Medicaid Services proposed a rise to Medicare Advantage payments.
A TikTok ban could be bad for content creators and good for social media rivals. A look at what's next, including what happens to the app on your phone.
Biogen proposes acquiring Sage Therapeutics for $7.22 per share, as analysts highlight the strategic value of Zurzuvae's success in postpartum depression.
