News

Gold futures extend winning streak

Gold futures are on their longest winning streak in almost three months as prices increase for a fourth consecutive day. However, analysts caution that sustaina...

China Life Insurance Reports 8.0% Decline in Net Profit for First Half of 2021

China Life Insurance reports an 8.0% decline in net profit for the first half of 2021 due to market volatility. Revenue declined slightly, while profitability a...

Deere & Co. Stock Declines for Sixth Straight Time

Deere & Co.'s stock has experienced its sixth consecutive decline, losing a total of 11.9%. Despite exceeding Q3 earnings expectations, the company's Q4 guidanc...

A Peculiar Rebound for the Nasdaq Composite

The Nasdaq Composite experienced an unusual rebound despite a deteriorating advance-decline line, raising caution for the stock market's recovery. The impressiv...

Analyst Expects 45% Surge in DraftKings Stock

UBS analyst predicts a 45% surge in DraftKings stock due to improved parlay mix, customer retention, and the upcoming NFL season. DraftKings is expected to effe...

Former Financial Advisor Sentenced to Life in Prison for Fraud Scheme

Former financial advisor sentenced to life in prison for defrauding clients and potential murder of a client. Investigation involves FBI, ATF, and local police...

Goldman Sachs Considers Options for Personal-Financial-Management Business

Goldman Sachs is evaluating options for its personal-financial-management business and making strategic shifts in its operations, including selling GreenSky and...

Goldman Sachs Explores Sale of Wealth Management Division

Goldman Sachs is evaluating options to sell its wealth management division, while remaining committed to its ultra-high net worth division. They also plan to ex...

Bond Yields Rise, Approaching 15-Year Highs

Bond yields rise to near 15-year highs as investors worry about increased supply and positive economic data. The Federal Reserve's next meeting is anticipated t...

Atalaya Mining Reports Rise in Copper Production

Atalaya Mining reports increase in copper production for Q2 2023, surpassing previous year. Company reaffirms full-year guidance and highlights mining and proce...