Soleno Therapeutics, Inc. (SLNO), a clinical-stage biopharmaceutical company focused on rare diseases, announced Tuesday positive top-line results from the randomized withdrawal period of Study C602 of DCCR (Diazoxide Choline) for Prader-Willi syndrome or PWS. The company intends to submit a…
Read MoreTreasuries Fluctuate Following Fed Announcement But Close Modestly Higher
After an early move to the upside on Wednesday, treasuries saw considerable volatility following the Federal Reserve’s monetary policy announcement but managed to remain in positive territory. Despite pulling back well off the best levels, bond prices finished the day…
Read MoreLooking for an Earnings Beat? 5 Top Stocks to Play
It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap high-quality stocks. In this regard,…
Read MoreEarnings Previews: Darden Restaurants, FedEx, KB Home
After U.S. markets closed on Monday, Stitch Fix reported a wider-than-expected loss per share and revenue that beat low expectations. Revenue was down 22% year over year. It got worse. The company issued downside revenue guidance for the current quarter…
Read MoreWednesday’s Top Analyst Upgrades and Downgrades: CVS Health, DataDog, Enphase Energy, Nvidia, RTX, Splunk, UPS and More
The futures traded mixed after a risk-off Tuesday that saw all the major indexes finish the day lower. Tech stocks, which have led the way this year, were under pressure after Oracle posted revenue below analysts’ expectations and gave very…
Read More3 Stocks to Watch From the Challenging Computer Industry
The Zacks Computer – Mini Computers industry is suffering from the waning demand for consumer PCs, massive supply-chain issues and geopolitical challenges, including raging inflation and high interest. Nevertheless, strong demand for high-end enterprise laptops is benefiting Apple AAPL and…
Read More4 Industrial Stocks to Buy as Rate-Hike Fears Subside
In medieval Europe, a humble pie was considered nutritious public food and sold more but hardly ever grabbed the headlines or captured the public imagination. A modern world stock market equivalent would be the industrial sector. The sector does not…
Read MoreOil Futures Settle Lower Despite Drop In Crude Stockpile
Despite data showing a drop in U.S. crude inventories last week, crude oil prices fell on Thursday, due largely on profit taking after recent strong gains. Worries about the outlook for energy demand following weak economic data from China, and…
Read MoreEarnings Preview: FuelCell Energy
After markets closed on Wednesday, American Eagle Outfitters beat estimates on both the top and bottom lines. The company also raised fiscal 2024 revenue and operating income guidance. Shares traded down about 0.9% in the first half hour of trading…
Read More3 Stocks in Focus on Biden’s $15.5B Offer to Fastrack EV Shift
As we know, U.S. President Joe Biden has made addressing climate change a cornerstone of his administration’s agenda and believes in the pivotal role of green vehicles in combating the climate crisis. In line with his commitment to bring environmentally…
Read More