Uranium prices may have dropped recently, but the long-term outlook for this critical energy resource is glowing. With game-changing technologies on the horizon and new uranium projects underway, the market is on for an exciting comeback. The uranium market has seen recent short-term pressure, with spot prices falling below $80 per pound after peaking at $107 in February. Despite this decline, uranium prices remain 30% higher than last year, providing significant returns for producers, according to new analysis from BMO Capital Markets. The World Nuclear Association Symposium in London has highlighted mixed market signals, particularly supply chain issues and delays.…
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Chips remain on fire in 2024 despite the recent volatility in earnings reports. Investor sentiment unequivocally is that semiconductors will continue to rally into year-end. That bullish consensus makes this former CBOT pit trader take pause, and I believe now is the time to hedge some semiconductor exposure. I want to use put options in the VanEck Semiconductor ETF (SMH) to mitigate downside risk. As Nvidia CEO Jensen Huang has been on a coast-to-coast roadshow, the AI darling has hit a new all-time high of $140.89 on Thursday. That came in the wake of better-than-expected results from contract chipmaker Taiwan…
Insight Holdings Group, LLC, a significant shareholder in nCino, Inc. (NASDAQ:NCNO), has reported the sale of a substantial portion of its shares. According to the latest filing, the firm sold a total of 559,247 shares of nCino common stock over two days, October 16 and 17, 2024. The transactions were executed at prices ranging from $36.0204 to $36.1597 per share, generating approximately $22.2 million in total proceeds. The sales were part of a pre-established Rule 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling shares. Following these transactions, Insight Holdings Group continues to hold a…
BOCA RATON, Fla.–(BUSINESS WIRE)–Today, Terran Orbital Corporation (NYSE: LLAP) (Terran Orbital or the Company) announced that leading independent proxy advisory firms Glass Lewis & Co. (Glass Lewis) and Institutional Shareholder Services (ISS), recommend that Terran Orbital Stockholders vote FOR the adoption of the Agreement and Plan of Merger (the Merger Agreement), dated as of August 15, 2024, by and among Terran Orbital, a Delaware corporation, Lockheed Martin Corporation (NYSE:) (Lockheed Martin), a Maryland corporation, and Tholian Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Lockheed Martin (the Merger Agreement Proposal and such transaction, the Merger). Glass Lewis…
Don’t let the rallying market stop you from finding market bargains. There are still plenty of seemingly cheap stocks out there. I want to talk about a couple of them, and it doesn’t take a lot to get started in either position with both stocks currently trading in the $20s. Sirius XM Holdings (SIRI 1.88%) and Carnival Corp. (CCL -0.42%) (CUK -0.10%) are absurdly cheap right now. Even a $500 investment can go a long way right now if investors wake up to the value in the shares. Let’s take a closer look. 1. Sirius XM Warren Buffett warmed up…
bunhill/Getty ImagesThe bull market could be in its final days, according to Calamos Investments’ Michael Grant.The CIO said the market has suffered from “invincibility syndrome.”Grant said stocks could soon enter a period of weak returns, possibly for “many years.”The bull market in stocks looks like it’s close to the top, according to an investment chief.Michael Grant, the co-CIO of Calamos Investments, thinks large-cap stocks could be on track for one of the best years over the last century, before the market tips into a period defined by subpar returns.That’s because stocks are flashing signs of “invincibility syndrome,” with investors falsely…
With Wall Street rolling into the thick of earnings season, CNBC’s Jim Cramer on Friday told investors what market-moving action to keep an eye on next week, including reports from Boeing, Tesla, IBM and T-Mobile. He celebrated the market’s lengthy winning streak and suggested it could continue.”It’s hard to believe, but this market’s now been up for six straight weeks,” he said. “That’s right, despite interest rates running higher — since mid-September — despite being on the verge of an election where both candidates want to pile on trillions of dollars of debt to an already unfathomable amount of borrowing,…
Edward T. Lee, the Chief Legal and Compliance Officer at RH (NYSE:), executed a series of stock transactions on October 18, as detailed in a recent SEC filing. Lee sold 2,000 shares of RH common stock, with the transactions occurring at prices ranging from $353.55 to $353.6550, resulting in a total sale value of approximately $707,142. Additionally, Lee exercised stock options to acquire 2,000 shares at a price of $101.25 per share, totaling $202,500. Following these transactions, Lee no longer holds any shares of RH common stock. In other recent news, Restoration Hardware experienced a surge in demand and revenue…
Investing.com – Italy stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in Milan, the rose 0.45% to hit a new 3-months high. The best performers of the session on the were Iveco Group NV (BIT:), which rose 6.22% or 0.57 points to trade at 9.77 at the close. Meanwhile, Brunello Cucinelli (BIT:) added 2.63% or 2.45 points to end at 95.70 and Banca Monte dei Paschi di Siena SpA (BIT:) was up 2.15% or 0.11 points to 5.41 in late trade. The worst performers of the session…
By Andrea Shalal and Steve Holland GRAND RAPIDS/HAMTRAMCK, Michigan (Reuters) -Democrat Kamala Harris and Republican Donald Trump barreled through the battleground state of Michigan on Friday, where opinion polls show the U.S. presidential candidates are essentially tied just 18 days before the Nov. 5 election. Former President Trump visited a campaign office in Hamtramck, where he heard praise from the Detroit suburb’s first Muslim mayor, Amer Ghalib. Trump was seeking support from Arab Americans in Michigan disenchanted with Democrats, Vice President Harris and President Joe Biden over U.S. support for Israel in the Gaza conflict. “We all ultimately want one…