Stock News

The Current Stock Market Rally: A Continuation of the Trend from November 2022 The stock market has experienced a significant rally since the low of SPX5773 on January 13, 2023. This upward trend, which has pushed the SPX500 index above 320 points, is a continuation of the bullish outlook we outlined in November 2022. A…

AstraZeneca’s Tumultuous Six Months: Allegations and Consequences Over the past six months, AstraZeneca (AZN), a leading pharmaceutical company with Anglo-Swedish roots, has experienced a significant setback. The stock price has plummeted by an alarming 15 percent, leaving investors and analysts questioning the company’s future. This downturn can be attributed to a series of unsettling reports…

Xigem Technologies Corporation’s Settlement Shares Announcement: A Closer Look On February 27, 2025, Xigem Technologies Corporation (XIGM) made an exciting announcement regarding a proposed Shares for Debt Transaction. This transaction is expected to see the issuance of 11,845,666 common shares to certain creditors in exchange for the cancellation of accounts payable. In this blog post,…

Algoma Steel Announces New Fiscal Year and Earnings Release Date Sault Ste. Marie, Ontario, Canada – Algoma Steel Group Inc. (ASTL, TSX: ASTL), a prominent Canadian steel producer, recently announced that it will be releasing its financial results for the three and nine months ended December 31, 2024. The Company’s earnings report will be made…

Recapping the Mag 7 Group’s Q4 2024 Earnings: Solid Growth, Mixed Reactions The fourth quarter earnings season for the Mag 7 group, an elite cluster of tech companies that includes Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), Facebook (META), and Alibaba (BABA), has concluded. Generally, the group reported robust top and bottom…

Oracle’s Role in the $100 Billion Stargate AI Infrastructure Project: A Game Changer Oracle, a leading technology company known for its database software and cloud services, is making waves in the AI industry by becoming a significant player in the Stargate AI infrastructure project. This ambitious initiative, valued at $100 billion, is designed to boost…

NRG Energy Announces 8% Increase in Quarterly Dividend In an exciting announcement for investors, NRG Energy, Inc. has declared a new quarterly dividend on its common stock. The dividend comes in at $0.44 per share, representing an 8% increase from the previous year. On an annualized basis, this equates to $1.76 per share. Impact on…

Cohen Milstein Files Lawsuit Against Five9, Inc. Over Alleged Securities Fraud On December 4, 2024, Cohen Milstein, a leading national law firm, filed a complaint in the U.S. District Court for the Northern District of California against Five9, Inc. (“Five9” or the “Company”) and its Chair and CEO, Michael Burkland, and CFO, Barry Zwarenstein. The…