Stocks
European Shares end Slightly Higher
London + 1.07%. UK inflation slowed in November, with consumer prices rising 0.3% y / y, after rising 0.7% in October versus a forecast of 0.6%. Germany + 1.28%. December Manufacturing Flash PMI 58.6 vs. 56.5 expected, previously 57.8. Service PMI 47.7 vs. …
Good news on Cascabel project lift SolGold shares
SolGold (LSE, TSX: SOLG) reported Thursday that drilling has commenced on the Tandayama-America porphyry copper-gold target on its Cascabel project in northern Ecuador. The Cascabel Project is one of the most ambitious mining projects in Ecuador hoping to …
New NASA cooperation pushes Virgin Galactic stock to new heights
NASA announced that it has selected Virgin Galactic (NYSE: SPCE) and Masten Space Systems to provide flight and integration services for payloads selected by the agency's aviation opportunities program, run by the agency's Armstrong Flight Research Center in …
BioNTech rating downgraded after news on competition
BioNTech (NASDAQ: BNTX) falls as much as 4.4% after close of business as Bank of America advises investors to cash in on the stock's appreciation as the company faces increased competition from competitors who also have coronavirus Develop vaccines. With the …
The S&P 500 has just finished its best November of all times
The main averages closed lower that day, but hit historic levels for November, fueled by excitement for vaccines, which are accelerating the economic recovery. The S&P 500 (SP500) held -0.5%, making it the best November in its history. The S&P rose 10.9% that …
Work-from-Home Stocks losing market share
Moderna's vaccine candidate Covid-19 has shown 94.5% effectiveness, and the company expects to apply to the FDA for emergency approval shortly. That's the work of home players like Zoom (NASDAQ: ZM). Peloton (NASDAQ: PTON), Costco (NASDAQ: COST), Home Depot …
Dow Jones on his way to 30,000
Like a late-breaking racehorse, the mega-cap sectors are gaining ground against the leading cyclical stocks, propelling the broader market up. The S&P (SP500) + 1.1% is nearing its highs, while the Nasdaq (COMP) + 0.8% is adding to this part after a start into …
Three stocks that are at the forefront of the next gold boom
It's not difficult to find reasons to like gold right now. For starters, in 2020 the yellow metal has outperformed all other major assets to date. Here is the scoreboard for the year to date as of this weekend: gold + 23.7%, government bonds + 6.3%, investment …
Hong Kong Stock Exchange approves Ant Group´s IPO
Multiple media outlets have confirmed that fintech Ant Group (BABA + 1.6%) passed a hearing with the Hong Kong Stock Exchange yesterday that took Ant over the final regulatory hurdle by granting approval for this branch of the dual IPO. Ant Group must now file …
48 North Cannabis Announces 3 Million Capital Raise
48North Cannabis (OTCPK: NCNNF + 14.2%) has entered into an agreement with Cormark Securities that Cormark will offer up to 20 million units for sale at a price of $ 0.15 / unit for gross proceeds of $ 3 million . Each unit includes one common share and a …