The U.S. stock market soared on Tuesday, with the Dow Jones Industrial Average reaching its highest level in 15 months. Strong quarterly results from Bank of America Corp. and Morgan Stanley fueled a bullish sentiment in the banking sector, while Microsoft Corp. also set a new record high, boosting the technology industry. Dow Jones Industrial Average Hits 15-Month Peak The Dow … [Read more...] about U.S. Stock Indexes Surge to 15-Month Highs
U.S. Stocks Reach New Highs, Nasdaq Leads the Way
U.S. stocks achieved new highs for the year on Monday, signaling a busy week for corporate earnings. The Nasdaq showed strong performance, leading the way up. Positive Momentum for Dow Jones Industrial Average The Dow Jones Industrial Average (DJIA) experienced a rise of approximately 76 points, or 0.2%, ending at around 34,585, based on preliminary FactSet data. This marked … [Read more...] about U.S. Stocks Reach New Highs, Nasdaq Leads the Way
Kura Sushi USA Stock Surges After Strong Q3 Results
Shares of Kura Sushi USA, the renowned restaurateur, saw a significant boost in trading activity following the release of its impressive third-quarter financial results. As of 12:40 p.m. ET, the stock had surged by 13% to reach $96 per share, with a peak of $96.26 per share earlier in the session. These figures are in close proximity to the stock's 52-week high of $96.60, which … [Read more...] about Kura Sushi USA Stock Surges After Strong Q3 Results
KalVista Pharmaceuticals Expects to Submit New Drug Application in 2024
By Ben Glickman KalVista Pharmaceuticals saw its stock rise on Friday following its announcement that it plans to submit an application for its drug candidate in the first half of next year. Promising Stock Performance The stock of this Cambridge, Mass.-based pharmaceutical company rose by 12%, reaching $10 per share. This year alone, shares have experienced an impressive 48% … [Read more...] about KalVista Pharmaceuticals Expects to Submit New Drug Application in 2024
The Party Isn’t Like It’s 1999: A Look at Megacap Tech Stocks
The first half of 2023 has seen unprecedented success for megacap tech stocks. However, it would be a mistake to compare this year to the iconic 1999, despite the desire to party like it's that time. In fact, a more relevant comparison might be the events of 1987, a year that may seem like ancient history to some. Regardless of the perspective, it's clear that the current … [Read more...] about The Party Isn’t Like It’s 1999: A Look at Megacap Tech Stocks
