Is Eli Lilly on Track to Become the First Trillion-Dollar Biopharma Stock in the US?

Is Eli Lilly on Track to Become the First Trillion-Dollar Biopharma Stock in the US?

Will Eli Lilly & Co. Reach a $1 Trillion Market Value? Evaluating Eli Lilly’s Potential to Enter the Rarefied Territory Eli Lilly & Co., the renowned American weight-loss drugmaker, is seen as a strong contender to become the first non-Magnificent Seven company to secure a remarkable $1 trillion market valuation. With an already soaring stock … Read more

Apple Vision Pro: The Future of Augmented Reality Glasses – Find Out Everything You Need to Know!

Apple Vision Pro: The Future of Augmented Reality Glasses – Find Out Everything You Need to Know!

Many technology fans have been waiting for smart glasses that can mix realities, i.e. ours and the virtual one. Apple introduced its new initiative last June and many people got excited about the product. This also proves the speed with which these “ski goggles” sold out. Imagine that you are sitting in your chair at … Read more

Financial Experts Doubt U.S. Federal Reserve Will Slash Interest Rates Soon

Financial Experts Doubt U.S. Federal Reserve Will Slash Interest Rates Soon

[비즈니스포스트] The prevailing opinion among experts is that it is nothing but a ‘foolish judgment’ to have expectations that the U.S. Federal Reserve System (Fed) will lower the benchmark interest rate in the near future. Since it is difficult to predict when an environment will be created for the Federal Reserve to pursue interest rate … Read more

Tokyo Slows Down: European Stock Markets in Negative Territory

Finance by Stefania Blasioli and Chiara Di Cristofaro Tokyo interrupts the positive series 3′ reading (Il Sole 24 Ore Radiocor) – European stock markets are moving into negative territory following a lackluster session which saw trading on Wall Street halted for the Martin Luther King Day holiday. The Davos International Forum continues, which will end … Read more

US Inflation Data Expected to Dictate Fed’s Next Moves – Euro Falls, Oil Drops, and Spread Rises: European Stock Exchanges Move Weakly

Finance Of Stefania Blasioli e Giorgia Colucci Data on price increases in the United States are expected on Thursday to guess the Fed’s next moves. The euro is falling around $1.09. Crude oil drops. Spread in the 170 point area 2′ reading (Il Sole 24 Ore Radiocor) – Le European stock exchanges in the first … Read more

Morgan Stanley analyst: U.S. stocks will still be volatile before the end of the year after the surge in November | Anue Juheng-U.S. Stock Radar

Morgan Stanley analyst: U.S. stocks will still be volatile before the end of the year after the surge in November | Anue Juheng-U.S. Stock Radar

Mike Wilson, a well-known short seller of U.S. stocks on Wall Street, chief investment officer and U.S. stock strategist at Morgan Stanley, said that with the fluctuation of U.S. bond yields, U.S. stocks will be volatile at the end of the year after rising in November. In his latest report, he pointed out that both … Read more

Goldman Sachs Strategists Predict Further S&P 500 Rise, Other Analysts Remain Cautious

The S&P 500 entered so-called “bull territory” last week after rising more than 20 percent since bottoming out last October, but leading Wall Street strategists are divided on the future direction, reports Bloomberg. The Goldman Sachs strategists, led by David Kostin, now believe that the broader US index will stand at 4,500 at the end … Read more

Apple Expected to Unveil New AR/VR Headset at WWDC 2021, Potentially Worth Over $20 Billion

This week the annual Worldwide Developers Conference gets underway in California, where it is expected that the technology giant Apple will introduce the market to a number of new products in its portfolio. Among the expectations of new electronic dubbing gadgets and new software among existing products, it is also predicted that Apple will show … Read more

Wall Street banks forced to cut jobs due to slump in IPOs, debt securities and mergers

pte20230504004 Company/economy, trade/services Slump in IPOs, debt securities and mergers forces Wall Street to cut jobs significantly Morgan Stanley: Institute has to cut many jobs (Photo: unsplash.com, Sven Piper) New York (pte004/04.05.2023/06:15) – The sharp drop in IPOs, debt securities and mergers is forcing major Wall Street banking institutions to make significant job cuts. After … Read more

“HSBC named top pick by Morgan Stanley despite pressure from Ping An to restructure”

HSBC, Europe’s largest bank, is facing renewed pressure from its biggest shareholder, Ping An, a Chinese insurer, to restructure its business by spinning off its Asia business. However, despite the noise, Morgan Stanley remains bullish and is calling HSBC its “top pick” in the sector. According to the bank’s analysts, led by Nick Lord, HSBC’s … Read more