Caspar Benson/Getty ImagesStock market highs are expected to continue into 2025, according to Oppenheimer’s Ari Wald.In a note, Wald highlighted strong market breadth and healthy signs across various sectors.Key sectors like industrials, financials, and technology look resilient, Wald said.Record highs in the stock market are set to continue, as few signals suggest a top in equity prices is near.That’s according to Oppenheimer managing director and technical analyst Ari Wald, who said in a note over the weekend that there are bullish “inflection points” in the underlying market.”We continue to balance seasonal headwinds against our view that evidence of a major…
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Salesforce, Inc. (NYSE:CRM) executive Sundeep G. Reddy, the company’s EVP & Chief Accounting Officer, recently engaged in a sale of company stock, according to the latest SEC filings. On September 23, Reddy sold 65 shares of Salesforce common stock at a price of $264.7813 per share, totaling over $17,210. The transaction was part of a pre-arranged plan to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). These shares were earned by Reddy as part of a compensation package that vested based on his continued employment through September 22, 2024. Following this sale, Reddy still holds…
By Don Durfee and Parisa Hafezi UNITED NATIONS (Reuters) -Israel wants to drag the Middle East into a full-blown war by provoking Iran to join the nearly year-old conflict between Israel and Tehran-backed Hezbollah in Lebanon, Iran’s president said on Monday, warning of its “irreversible” consequences. Masoud Pezeshkian, speaking to a group of journalists after his arrival in New York to attend the United Nations General Assembly, said: “We do not wish to be the cause of instability in the Middle East as its consequences would be irreversible” “We want to live in peace, we don’t want war,” he added.…
In a move to enhance the transparency and reliability of global carbon markets, MSCI has introduced the MSCI Carbon Project Ratings. According to ESG News, this innovative tool evaluates the integrity of more than 4,000 carbon credit projects, establishing a benchmark for quality and trustworthiness in a market critical for achieving decarbonization and net-zero objectives.Guy Turner, head of MSCI Carbon Markets, emphasized the importance of high-integrity projects. “Carbon markets are crucial for speeding up decarbonization and reaching net-zero targets, yet currently, only 5% of projects on the market are considered to be of very high integrity,” he noted. This new…
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets climbed on Tuesday, tracking gains on Wall Street after the S&P 500 and Dow Jones Industrial Average touched new closing highs in Monday’s trading session.The broad market index added 0.28% to end at 5,718.57, while the Dow Jones Industrial Average gained 61.29 points, or 0.15%, to close at 42,124.65.Traders in Asia will look toward a rare briefing by the People’s Bank of China, after authorities announced that PBOC Governor Pan Gongsheng will hold a press conference at 9 a.m. on “financial support…
Cathie Wood’s ARK ETFs disclosed their daily trades for Monday, September 23, 2024, revealing a mix of buys and sells across various sectors. The largest transaction of the day was the sale of 11620 shares of Spotify Technology SA (NYSE:), amounting to a total dollar value of $4,243,275. This move comes as the latest in a series of sales for the music streaming giant, indicating a possible strategic shift for ARK’s investment in the company. Another significant trade was the purchase of 81079 shares of GitLab Inc (NASDAQ:GTLB) for a total value of $4,220,161, marking a substantial investment in the…
Intel Has A New Knight In Shining Armor? After Qualcomm, Apollo Global Management Reportedly Proposes Multibillion-Dollar InvestmentBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Apollo Global Management Inc. (NYSE:APO) has reportedly been considering a multibillion-dollar investment in Intel Corp. (NASDAQ:INTC).What Happened: Apollo has proposed to make an equity-like investment of up to $5 billion in Intel, reported Bloomberg, citing people familiar with the matter.As per the sources, Intel’s executives are currently evaluating Apollo’s proposal.Don’t Miss Out:The size of the investment could change and there are also some chances that the discussions could…
Investing.com – Brazil stocks were lower after the close on Monday, as losses in the , and sectors led shares lower. At the close in Sao Paulo, the lost 0.30% to hit a new 1-month low. The best performers of the session on the were Santos Brasil Participacoes SA (BVMF:), which rose 16.44% or 2.09 points to trade at 14.80 at the close. Meanwhile, WEG SA (BVMF:) added 3.43% or 1.80 points to end at 54.32 and Embraer SA (BVMF:) was up 2.20% or 1.06 points to 49.31 in late trade. The worst performers of the session were YDUQS Participacoes…
Third Derivative RMI’s Third Derivative program, a global, vertically integrated startup accelerator unites startups, investors, corporates, and market and policy experts to work together to accelerate the rate of climate innovation. Through three Industrial Innovation Cohorts, including one focused on iron and steel, we find, fund, and support promising industry decarbonization startups through an 18-month accelerator program, partnering with corporate actors to explore opportunities for deployment and commercialization. Source link
Jim Cramer Says This Utilities Stock Is A Buy: ‘We Need Cheap Power’Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Dominion Energy, Inc. (NYSE:D) is a buy. “We need cheap power,” he noted.On Sept. 19, Jefferies analyst Paul Zimbardo initiated coverage on Dominion Energy with a Hold rating and announced a price target of $58.Cramer said he likes Dutch Bros Inc. (NYSE:BROS). “I’m glad that they slowed their expansion,” he added.Check It Out:On Sept. 12, TD Cowen analyst Andrew Charles reiterated Dutch Bros…