Why Jetro deal makes Sysco stock a great long-term pick
Sysco (NYSE: SYY) is under pressure after the food distribution company announced a $29 billion acquisition of Jetro, the parent company of Restaurant Depot and a leader in the “cash…
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Jubilant FoodWorks to exit Dunkin’ India pact
Jubilant FoodWorks said it will not renew its agreement with Dunkin’ to develop and operate the US brand’s stores in India when the current pact ends on December 31, 2026.The…
Reddit stock price has imploded: buy the dip or sell the rip?
Reddit stock price has slumped in the past few months, moving from a record high of $281 in September last year to $127 today. Its market capitalization has dropped from…
Social media stocks crash: here’s the best one to buy on the dip
The social media landscape shifted violently this week as a wave of selling wiped billions in market value.The catalyst? A landmark legal blow; a California jury found Google and Meta…
PS5 price hike signals pressure point for gaming industry: what’s next?
The global video-game industry is entering a period of recalibration after Sony raised prices of its flagship PlayStation 5 consoles for the second time in less than a year, underscoring…
S&P 500 Index flashes a death cross as US-Iran war continues ahead of NFP data
The S&P 500 Index continued its strong downward trend last week as the Iran war continued, pushing crude oil and natural gas prices higher. The SPX index fell to $6,368,…
AstraZeneca stock jumps as COPD drug trial win surprises market
Shares of AstraZeneca rose on Friday after the drugmaker reported positive results from late-stage clinical trials of its experimental chronic obstructive pulmonary disease (COPD) treatment, tozorakimab.The UK-based pharmaceutical company said…
Lumentum stock: Wyckoff Theory points to a steep crash soon
Lumentum stock price has gone vertical this year and is now trading at its all-time high. LITE jumped to a high of $803, up by 1,600% from its lowest level…
Nvidia stock slips below $170: why analysts see a buying opportunity
Nvidia shares remain under pressure, tracking a broader pullback in artificial intelligence-linked stocks.The stock fell 1.8% in early trading on Friday, after dropping 4.2% on Thursday to its lowest close…
Meta stock selloff continues, but a bigger risk looms
Shares of Meta Platforms extended their selloff on Friday, as mounting legal setbacks weighed on investor sentiment, but the recent decline also points to a deeper concern building beneath the…