It was a fantastic week for stocks. The S & P 500 and the Dow Jones Industrial Average hit record highs as investors digested earnings and prepared for more. In turn, Wall Street analysts made a slew of bullish calls on five of our portfolio names — all of which…

Aurinia Pharmaceuticals (NASDAQ:AUPH) markets Lupkynis (voclosporin) which was approved in January 2021 by the US Food and Drug Administration for the treatment of lupus nephritis. A recent preliminary update on Q4’23 and full-year 2023 financials provides an opportunity to look at where the company stands now. Is it finally time…

Small cap stocks may be on the cusp of a turnaround.According to Fairlead Strategies market technician Katie Stockton, the Russell 2000’s underperformance so far this year is likely a near-term setback.”We’re kind of convinced that we’ll see small caps do better. Maybe they don’t outperform strongly. But a better year…

WASHINGTON — The Federal Trade Commission on Friday announced that it fined Kubota, one of the world’s largest tractor manufacturing companies, $2 million for mislabeling some of its replacement parts as “Made in the USA.””Today’s settlement includes the largest civil penalty assessed for violating the Made in USA Labeling Rule,”…

Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the second week in three, redeeming a net $6.6 billion for the LSEG Lipper fund-flows week ended Wednesday, January 24, 2024. Fund investors were net purchasers of fixed income funds (+$3.9 billion), commodity funds (+$220…

Global commodity markets are in a “super squeeze” amid supply disruptions and lack of investment — and it’s only going to get worse as geopolitical and climate risks exacerbate the situation, HSBC said.”For some time now we have described global commodity markets as being in a ‘super-squeeze,'” its chief economist…

Chinese-founded online retail giant Shein is not positioning itself as an Amazon “clone,” the company told CNBC, as it prepares for a U.S. public listing later this year.The e-commerce company’s product categories are likely to “grow over time,” as the business entrenches itself deeper into the U.S., Peter Pernot-Day, head…

The times are changing for Baidu (NASDAQ:BIDU) (OTC:BAIDF). Having long been China’s leading search engine company and little more, the company is slowly but surely carving out a new leadership position in the Chinese artificial intelligence (‘AI’) space. Since I last covered the name, Baidu has further built on its…

Shares of electric vehicle makers and Tesla’s Asia suppliers tumbled on Thursday after the EV maker missed fourth quarter revenue and profit targets and warned of slower sales this year.On Wednesday, Tesla said during an investor presentation that vehicle volume growth in 2024 “may be notably lower” than last year’s…

BEIJING — Expectations for more support from China to boost its economy and stock markets are rising— especially after the central bank’s easing announcements on Wednesday.Starting Feb. 5, the People’s Bank of China will allow banks to hold smaller cash reserves, central bank governor Pan Gongsheng said at a press…