Dell Technologies (DELL) may end its downtrend after the firm announced a marketing update. The desktop and laptop supplier will rebrand its products to embrace AI. Dell wants to rebrand its XPS, Latitude, and Precision models. It will replace them with the Dell, Dell Pro, and Dell Pro Max. For over a decade, consumers and…
Inflation across Europe rose for a third consecutive month in December to reach an annualized 2.4%, according to statistics agency Eurostat. The December reading was in line with the consensus forecasts of economists polled by the Reuters news agency and marked an increase from 2.2% in November. Core inflation remained unchanged at 2.7% for a…
Ryan Specialty (NYSE: RYAN) shares gained Tuesday, as the leading international specialty insurance firm announced it has signed a definitive agreement to acquire Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Based in Nashville, Velocity is a leading managing general underwriter providing first-party insurance coverage for catastrophe exposed properties and will…
The stock of Fubotv (FUBO) rose an astonishing 250% in a single trading session on news that the company has struck a content deal with the Walt Disney Co. (DIS). Disney will combine its Hulu+ Live TV service with Fubotv, merging two internet TV bundles, the companies announced jointly. Disney will become majority owner of…
UBS believes that the big six firms, by market capitalization on the S&P 500 (SPY) index are relatively cheaper. The firm reasoned that Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), Meta Platforms (META), Nvidia (NVDA), and Microsoft (MSFT) may extend its valuation from here. The six firms account for over 30% of the index. This is…
Within a few weeks, investors will have a clearer idea of Trump’s tariff plans. To get ahead of tariff increases, consider a defensive strategy. Investors may buy defensive stocks in iron ore and gold to protect against inflation in the next 12 to 18 months. Gold exchange-traded funds (GLD) and iron ore both performed well,…
Stellantis (NYSE:STLA) has redesigned its large Ram heavy-duty trucks — and it’s betting those updates will help reverse three consecutive years of sales declines for the brand. The new Ram 2500 and 3500 pickups and chassis cab trucks feature updated interior and exterior designs, as well as a new 6.7-liter Cummins turbo diesel engine that…
Nvidia (NVDA) has unveiled new microchips for desktop and laptop personal computers (PCs) that are aimed at video gamers. In a nod to its roots, Nvidia announced new chips for gaming PCs that use the same architecture underpinning its fastest artificial intelligence (A.I.) processors used in data centres. The new chips, called the “GeForce RTX…
Tuesday, January 7, 2025 9:54 AM EST – G Mining Ventures Corp. : Has received an interim environmental permit from Guyana’s Environmental Protection Agency in response to its Environmental Impact Assessment and Environmental Impact Statement submissions made in November 2024 for the Corporation’s Oko West Gold Project. G Mining Ventures Corp. (T.GMIN) shares were up…
Ulta Beauty (ULTA) has announced that chief executive officer (CEO) Dave Kimbell is retiring from the cosmetics company where he has worked for the last decade. Kimbell will also step down from the company’s board of directors and is being succeeded in the CEO role by Ulta Beauty’s current President and Chief Operating Officer Kecia…
