For Fifth Consecutive Year, 10 Students with Gastrointestinal Disease Will Each Receive a $10,000 Scholarship LAVAL, QC / ACCESSWIRE / August 13, 2024 / Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) and its gastroenterology (GI) business, Salix Pharmaceuticals ("Salix"), today announced the recipients of its 2024 Salix Gastrointestinal Health Scholars Program. For the fifth year, Bausch Health is proud to award 10 deserving students living with a GI disease $10,000 each to further their higher education.
Supermicro's earnings and share price already have climbed thanks to demand from artificial intelligence (AI) customers. As AI chips become more powerful, customers are looking for something in particular that will keep their costs down and their data center operations running smoothly.
The U.S. stock market is currently in the midst of a correction, primarily due to a lower-than-expected increase in jobs last month and some high-profile earnings misses. But on Aug. 2, FactSet reported that 78% of the S&P 500 firms that had delivered their quarterly financial results had generated earnings per share that were above analysts' average estimates.
Logan Kane discusses incorporating behavioral finance into investing, emphasizing the importance of quality over junk investments. He highlights the Capitalism Distribution study, showing that a small percentage of stocks drive market gains.
Stocks like YETI Holdings, Inc. (YETI), Virco Mfg. Corporation (VIRC), Netflix, Inc. (NFLX) and Reservoir Media, Inc. (RSVR) are expected to gain once the Fed starts interest rate cuts.
Bank of America, Goldman Sachs, and JPMorgan Chase all outperformed the S&P 500 in the first half of 2024. There are a few reasons for the strong performance, including expectations of rate cuts and better-than-expected consumer defaults.
AI plays Super Micro Computer and Nvidia are still the top S&P 500 stocks in 2024, but this Dow giant is leading now.
Investors who remained heavily invested in the technology sector should start watching the broader market's behavior today, as names in artificial intelligence like NVIDIA Co. NASDAQ: NVDA are potentially coming out of favor. A rotation into other areas and asset classes has started in the past couple of weeks, and riding the momentum could prove beneficial for most today.
Earnings season for this year's second quarter is getting into full-swing. As is almost always the case, the quarterly financial results have been a mixed bag.
Small-caps have staged a rebound lately on Fed rate cut hopes and "Trump Trade." Earnings picture is also evolving.
Popular stocks tend to get overvalued quickly. This can be a double-edged sword.
It's been a long time coming, but stock rotation is back in the outlook. Rotation, the practice of exiting one group of stocks in favor of another, was triggered by the latest CPI report, which was better than expected.