Jeremie Duchampt, the mastermind behind Jerem Motorcycles, has quickly established himself as a force to be reckoned worldwide of custom bike building. Despite his relatively short tenure, his creations rival those of seasoned professionals. One such masterpiece is the Yamaha XV1000, a stunning blend of streetfighter and cafe racer aesthetics. Starting with a 1983 model, Duchampt stripped the bike down to its bare essentials. The rear subframe was replaced with a custom made looped unit, dramatically altering the bike’s proportions. Jerem Motorcycles’ Custom Yamaha XV1000 (Jonathan Silene) A sleek, two tone saddle and LED lighting strip were added to the…
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Columbia Care (OTC:) Inc. (CLMB) stock has reached an unprecedented peak, marking an all-time high of $103.77. This milestone reflects a significant surge in investor confidence and market performance for the company. In contrast, within the same sector, Wayside Technology Group has experienced a remarkable 1-year change, with its stock value soaring by 137.15%. This juxtaposition highlights the dynamic nature of the market, where companies like CLMB are currently enjoying the pinnacle of their stock valuations, while others like Wayside Tech are showcasing impressive year-over-year growth. The achievement of an all-time high for CLMB stock is a testament to the…
Character actors from the Epic Games Fortnite video game dance during the E3 Electronic Entertainment Expo in Los Angeles, on June 12, 2019.Kyle Grillot | Bloomberg | Getty ImagesA U.S. judge issued a permanent injunction on Monday that will force Google to offer alternatives to its Google Play store for downloading apps on Android phones.Google will also be restricted from paying fees or sharing revenue with companies in exchange for them choosing not to compete with Google’s app store. Alphabet stock took a leg lower on the news and was down more than 2% Monday.The ruling from Judge James Donato…
US stocks slipped on Monday afternoon as the 10-year Treasury yield (^TNX) jumped past 4% for the first time since August ahead of a week of key inflation data and the start of earnings season.The Dow Jones Industrial Average (^DJI) fell 1.2%, around 400 points, after notching a fresh record high as stocks soared to close last week. The S&P 500 (^GSPC) shed more than 1%, while the tech-heavy Nasdaq Composite (^IXIC) also dropped more than 1.1%.Stocks sank to session lows with roughly one hour of trading left after a judge ordered Alphabet (GOOG, GOOGL) to open up Google’s app…
In a challenging market environment, Passage Bio Inc (PASG) stock has touched a 52-week low, trading at $0.57. The biotechnology firm, which specializes in genetic medicines for rare, monogenic central nervous system disorders, has faced a tough year, with its stock price reflecting a 1-year change of -3.82%. Investors have shown concern over the company’s pipeline progress and market conditions that have been less than favorable for biotech ventures. The 52-week low represents a significant drop for the company, which is now focusing on strategic initiatives to regain its momentum and investor confidence. In other recent news, Passage Bio, Inc.…
On Monday, CFRA, a financial research firm, upgraded the price target for Pfizer Inc. (NYSE:) shares to $31.00, moving up from the previous target of $30.00. The firm has maintained a “Hold” rating on the stock. The adjustment reflects a valuation set at 10.9 times the projected 2025 earnings per share (EPS), which is still below Pfizer’s historical average price-to-earnings (P/E) ratio. The analyst at CFRA has revised upwards the earnings forecasts for Pfizer, with the 2024 EPS estimate increasing to $2.62 from $2.57 and the 2025 estimate to $2.84 from $2.82. These changes come amidst reports that activist investor…
(Reuters) -The U.S. Centers for Disease Control and Prevention will issue its second-highest level of travel notice for Rwanda, recommending people to avoid nonessential travel due to the Marburg disease outbreak in the east African country, the U.S. government said on Monday. The CDC will start screening for travelers entering the United States who have been in Rwanda in the past 21 days, the U.S. Department of Health and Human Services said. Last week, the agency issued its “level 2” travel notice for Rwanda, urging enhanced precautions for those traveling to the country. Rwanda’s first outbreak of the Ebola-like disease…
Annabelle Chih / Bloomberg / Getty Images Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024Key TakeawaysSuper Micro Computer shares surged Monday as the server maker reported strong shipments of its GPUs, driven by artificial intelligence (AI) demand.The server maker said it recently deployed 100,000 GPUs. with its liquid cooling technology to “some of the largest” AI factories.CEO Charles Liang said “state-of-the-art” data center operators are turning to Super Micro Computer’s products to meet their technical and financial goals.Super Micro Computer (SMCI) shares soared Monday as the server maker reported strong shipments…
Once a vocal champion of all electric vehicles, Volvo has recently tempered its ambitious goals. While the Swedish automaker has introduced several electric models, including the EX30 and EX90, it has also reintroduced some gasoline powered vehicles in response to market demand. This strategic shift reflects Volvo’s efforts to balance its commitment to electric car with the realities of the market, where consumer preferences and regulatory pressures continue to evolve. Volvo Adapts Electric Strategy While Introducing New Gasoline Models (Volvo) As Volvo seeks to expand its electric vehicle lineup, it is developing new models based on its advanced SPA3 architecture.…
On Monday, Piper Sandler adjusted its price target for Rocket Companies Inc. (NYSE:RKT), a large player in the mortgage lending industry, to $17.00, up from the previous target of $16.00. The firm has maintained a Neutral rating on the stock. The revision in the price target comes as Piper Sandler’s analysis indicates an anticipated increase in operating earnings per share (EPS) for the third quarter of 2024. The firm now expects an operating EPS of $0.09, a slight rise from the earlier forecast of $0.08. This change reflects a higher demand in the mortgage sector, as evidenced by the Mortgage…