European shares gain as key data and US tech earnings loom
By Pranav Kashyap (Reuters) -European shares started the week on a positive note, as investors prepared for a busy schedule of key economic data releases and earnings from major U.S.…
Apple wins $250 US jury verdict in patent case over Masimo smartwatches
By Blake Brittain (Reuters) -Apple convinced a federal jury on Friday that early versions of health monitoring tech company Masimo (NASDAQ:MASI)’s smartwatches infringe two of its design patents as part…
Galp shares down following Q3 profit decline
Investitng.com — Shares of Galp Energia (ELI:GALP) traded lower on Monday after it reported a 22% decrease in its adjusted core profit for the third quarter, primarily due to reduced…
Stocks rise ahead of action-packed week; Japan election sparks turmoil
By Amanda Cooper LONDON (Reuters) – Global stocks rose on Monday, ahead of a week stacked with earnings from Wall Street’s “Magnificent 7”, while the yen sank after an election…
High market concentration is dampening long-term returns, says Goldman Sachs
Investing.com — Elevated valuations and market concentration in the S&P 500 signal soft long-term returns for the index, according to Goldman Sachs. Citing its updated equity return model, which now…
Expensive Carvana stock could soar by another 85%
Carvana (CVNA) stock price has gone parabolic in the past two years, making it one of the best-performing companies in the United States. It soared to a high of $201.40,…
Lululemon stock: valuation reset done, 20% gains possible
Lululemon (LULU) stock price has crawled back in the past few weeks as some investors buy the dip. After bottoming at $225 on August 5, the stock has jumped by…
Is the Coinbase stock a buy or a sell ahead of its Q3 earnings?
Coinbase (COIN) stock price has bounced back in the past few weeks, helped by the recent Bitcoin rebound. It bottomed at $146.47 in August and bounced back by 40% to…
Scottish Mortgage stock is recovering: still trades at a discount
Scottish Mortgage Investment Trust (SMT) has done modestly well in the last two years as many portfolio companies have bounced back. After bottoming at 600p in May 2023, the stock…
Oracle stock price forecast: brace for a brief retreat
Oracle (ORCL) stock has silently done well in the past decades, transforming Larry Ellison into the fourth-richest person globally with a $186 billion fortune. It has risen in the last…