Tag Archives: sector

Investors Are Cautious About Luxury Sector, Barclays Finds

Luxury’s biggest players start reporting third-quarter results this week, and Barclays doesn’t expect them “to be a key catalyst for the space.” After speaking with more than 50 investors across Europe, Asia, the U.S. and the Middle East, the British bank found “a cautious view on the sector, mainly because of the lack of visibility around China and concerns around growth normalization after a strong COVID-19 recovery period.” More from WWD “We think investors will need… Source link

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Merck COVID-19 pill success slams Moderna shares, shakes up healthcare sector

By Lewis Krauskopf and Manojna Maddipatla (Reuters) – Positive clinical trial results for Merck & Co’s experimental antiviral COVID-19 pill reverberated through the healthcare sector on Friday, sending the drugmaker’s stock price soaring while denting high-flying shares of vaccine companies and makers of other coronavirus therapies. Merck shares jumped as much as 12.3% and hit their highest level since February 2020 after data showed the company’s pill molnupiravir… Source link

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Palantir Recognized with Amazon Web Services Global Public Sector Partner Award

Palantir recognized for its groundbreaking COVID-19-fighting work among AWS Global Public Sector partners DENVER, Jun 17, 2021–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) announced today that it was named as a 2021 Global AWS Partner Network (APN) Public Sector Partner Award winner for its Palantir platform in its work to combat COVID-19. The AWS Global Public Sector Partner Awards recognize leaders in the channel playing a key role helping customers drive innovation and build… Source link

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What a record $2.1 billion deal says about America’s marijuana sector

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

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RPT-Global chip shortage hits China’s bitcoin mining sector

(Repeats Friday story with no change to text) By Samuel Shen and Alun John SHANGHAI/HONG KONG, Jan 22 (Reuters) – A global chip shortage is choking the production of machines used to “mine” bitcoin, a sector dominated by China, sending prices of the computer equipment soaring as a surge in the cryptocurrency drives demand. The scramble is pricing out smaller miners and accelerating an industry consolidation that could see deep-pocketed players, many outside China, profit from the bitcoin bull… Source link

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Fed open to private sector collaboration in possible digital dollar

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Markets thrive on risk, but risk is hard to talk about. It’s easy to fall back on cliches – buy low and sell high, or the bulls and bears make money while the pigs get slaughtered – but those cliches have drifted into common parlance for a reason. They have a grain of truth.Buying low and selling high has always been known as the way to make a profit, from the earliest days of human barter. And whether the market is… Source link

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