A bullish Marubozu pattern confirms strength in gold, setting up the metal for higher targets, with resistance levels aligning at $2,981, $2,982, and possibly $3,000.
If the bulls hold above last Monday's low at $6003 and especially the January 13 low at $5773, they remain in charge, and a rally to $6365ish is underway.
Fourth-quarter adjusted earnings came in at 54 cents a share on revenue of $2.9 billion.
Shares of Texas Instruments Inc TXN were trading lower on Friday, despite the company reporting better-than-expected fourth-quarter results.
Tech stocks like AVGO, NVDA, AMZN and ANET are poised to gain from the ongoing rally driven by AI optimism.
Adidas has shown strong performance in FY24, with sales growth and improved margins, leading to a rating upgrade from Hold to Buy. Preliminary Q4 and FY24 results indicate better-than-expected performance, with significant sales growth and a higher operating result than initially forecasted. Adidas' balance sheet has strengthened, with reduced debt and improved cash positions, setting a solid foundation for future growth.
The current over 320p rally since the January 13 low at SPX5773 means the next rally to SPX6400-6500 is underway. Thus, the path we outlined in November last year remains on track.
The carbon capture approach continues to bring GPRE closer to being operational across its 287 million-gallon Nebraska footprint.
GWS' H1 2025 results were strong, validating my thesis of it becoming an IP powerhouse, with the Amazon deal further boosting potential. Licensing revenue grew 67.2% YoY highlighting its significant impact on GWS's profitability compared to core product sales. GWS is currently 32% undervalued making it a "Strong Buy" with immense long-term potential in IP monetization.
Nvidia is heading for a sharp weekly loss despite rave reviews of CEO Jensen Huang's CES presentation. The post Nvidia Stock On Track For Sharp Weekly Loss Despite CES Glow appeared first on Investor's Business Daily.
BROS introduces two cereal-inspired beverages, including the Cinnamon Swirl and Marshmallow Dream.
HDFC Bank has compounded capital at region-leading rates for decades. Despite a troubled merger, light is finally emerging at the end of the tunnel. With expectations reset, HDFC Bank, especially through its ADRs, looks very investable.