The Republican victory will bring winners and losers, but the key to market success is to find a theme that is likely to endure and ride it as long as possible. Source link
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Forget the fuel efficiency of a Chevrolet Camaro or the cruising comfort of a Stingray, your weekend adventures deserve something more exhilarating. If a track-focused powerhouse is what gets your heart racing, then the limited edition 2023 Corvette Z06 70th Anniversary might be calling your name. Limited Edition 2023 Corvette Z06 70th Anniversary: Power Packed Supercar Awaits a New Owner (Garage Kept Motors) This isn’t your standard Z06 it boasts a distinct personality with exclusive features that set it apart from the pack. The 2023 Corvette Z06 70th Anniversary Edition, a low-mileage track-focused supercar, is still seeking a new owner.…
Image source: Getty Images Most UK stocks on the FTSE 100 and FTSE 250 rose on Wednesday (6 November) as US election results indicated a win for former president Donald Trump. In fact, stocks rose globally, with some exceptions, notably China. So, why are they rising? Well, the stock market and bonds market, to some extent, priced in the likelihood of a Trump victory — the so-called ‘Trump Trade’. However, with the victory seeming secure, the market is now fully pricing in that victory and selling the ‘Harris Hedge’. Broadly speaking, analysts have suggested that Trump’s proposed economic policies —…
Trump Media & Technology Group stock (DJT) surged as much as 25% on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Shares pared gains throughout the trading day to close around 6% higher. With a win in Wisconsin, Trump secured the 270 electoral college votes needed to win, according to the Associated Press. The Republican is now set to have the distinction of being the 45th and the 47th US president. Trump maintains a roughly 60% interest in DJT. At current levels of around $36 a share, Trump Media boasts a market cap of about…
The Brabus 700 Blue Sky is a testament to automotive excess, a zenith of luxury and performance. Based on the already opulent Rolls-Royce Cullinan, this German tuner’s creation takes opulence and power to a new level. With a 6.75-liter twin-turbocharged V12 engine, the Blue Sky boasts a staggering 700 horsepower and 950 Nm of torque, eclipsing even the Cullinan Black Badge. This brute force propels the 2.7-ton behemoth from 0 to 62 mph in a mere five seconds, a feat that blurs the lines between luxury sedan and supercar. Brabus 700 Blue Sky: Luxury Meets Unmatched Power in This Rolls-Royce…
EMERYVILLE, Calif. – NovaBay Pharmaceuticals, Inc. (NYSE American: NBY), a pharmaceutical company, announced today that it has agreed to a revised offer from PRN Physician Recommended Nutriceuticals, LLC to sell its eyecare business for an increased purchase price of $11.5 million. The agreement amends the original asset purchase terms set on September 19, 2024, and removes certain contingencies, adding assurances of PRN’s funding capabilities. The updated terms include the removal of debt financing conditions and the addition of a secured promissory note, or Bridge Loan, from PRN to NovaBay of up to $1 million, expected to be repaid at the…
Lake Elsinore Motorsports Park, a large motocross track located about 73 miles southeast of Los Angeles, has announced its closure due to a lawsuit stemming from a tragic accident that occurred in June. The park, which offered seven tracks for riders, made the decision to shut down after a 9-year-old girl, Brooke Carlton, was killed in an accident while riding an electric motorbike at the park. The property owner confirmed that the closure was in response to the legal issues arising from the accident, though further details about the lawsuit were not immediately provided. Brooke Carlton’s death took place when…
Sebastien Bourdais will join Tower Motorsports for the 2025 IMSA WeatherTech SportsCar Championship, driving alongside 2022 LMP2 champion John Farano in the No. 8 ORECA for the full season. Bourdais, a four-time Champ Car champion, brings a wealth of experience to the team after his time at Chip Ganassi Racing, where he enjoyed success, including a victory at Motul Petit Le Mans in his final race with the team. With Chip Ganassi Racing stepping away from the series, Bourdais found an opportunity with Tower Motorsports, a team known for its strong performances in endurance racing. The addition of Bourdais to…
Image source: Getty Images Forecasts look good for Barclays (LSE:BARC) and the banking giant’s share price has been tearing higher. City analysts expect normalised earnings to increase by around 9% this year and almost 18% in 2025. However, those anticipated improvements come after a dip in earnings and operating cash flow during 2023. Welcome to the world of cyclical businesses where earnings, cash flows, dividends and share prices can give investors a volatile long-term ride. A mixed bag of investment outcomes Cyclicality in the banking sector is the biggest risk shareholders face when investing in Barclays shares. It would be easy to mistime an…