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KB Home (KBH) Q2 Earnings & Revenues Top Estimates, Stock Up https://www.zacks.com/stock/news/2290315/kb-home-kbh-q2-earnings-revenues-top-estimates-stock-up?cid=CS-ZC-FT-analyst_blog|earnings_article-2290315 Jun 19, 2024 - KB Home's (KBH) fiscal Q2 results reflect strong orders. However, lower home deliveries raise concerns.
Looking Forward: A Macroeconomic Synopsis Useful For Portfolio Positioning https://seekingalpha.com/article/4699934-looking-forward-macroeconomic-synopsis-useful-for-portfolio-positioning?source=feed_tag_etf_portfolio_strategy Jun 18, 2024 - US Consumer data is holding up for now despite significant challenges like high interest rates, inflation and skyrocketing debt. Read more to see my thoughts.
Central banks seen buying up more gold in next 12 months - World Gold Council https://seekingalpha.com/news/4117190-central-banks-seen-buying-up-more-gold-in-next-12-months-world-gold-council?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news Jun 18, 2024 - Gold futures rise on weaker U.S. retail sales data, increasing likelihood of Fed rate cut. Central banks have a growing appetite for gold, according to data from the World Gold Council.
Freightos files for mixed shelf offering https://seekingalpha.com/news/4117149-freightos-files-for-mixed-shelf-offering?source=feed_tag_israel Jun 18, 2024 - Freightos Limited (CRGO) files mixed shelf offering prospectus for up to 14.9M shares at $11.50/share, with additional 42.25M shares and 9.05M warrants.
GeoVax stock rockets 50% on BARDA award for COVID-19 vaccine https://seekingalpha.com/news/4117122-geovax-stock-rockets-on-barda-award-for-covid-19-vaccine?source=feed_sector_healthcare Jun 18, 2024 - GeoVax (GOVX) stock shot up 50% amid news the US government plans to fund a Phase 2b study of the company's next-generation COVID-19 vaccine. Read more here.
Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder https://www.cnbc.com/2024/06/18/fisker-ev-maker-bankruptcy.html Jun 18, 2024 - Consumer adoption for EVs has grown slower than expected, costs have risen and investor interest in EVs other than Tesla has dried up.
Mustang Bio stock soars 45% after closing 477% higher in prior session https://seekingalpha.com/news/4117110-mustang-bio-stock-soars-after-closing-477-percent-higher-in-prior-session?source=feed_sector_healthcare Jun 18, 2024 - Mustang Bio (MBIO) shares were up 45% Tuesday after closing 477% higher Monday following positive data for the company’s blood cancer drug MB-106. Read more here.
Homebuyers gained a slight edge in May, but the Twin Cities remains a seller's market https://www.startribune.com/home-buyers-gained-a-slight-edge-in-may-but-the-twin-cities-remains-a-sellers-market/600374381/ Jun 18, 2024 - There's still pent-up demand across much of the metro, so prices posted another healthy increase.
Why Chegg Stock Is Up Big Today https://www.fool.com/investing/2024/06/18/why-chegg-stock-is-up-big-today/?source=iedfolrf0000001 Jun 18, 2024 - The company is cutting costs as it looks to rework its offering
GMS Gears Up to Report Q4 Earnings: Here's What to Expect https://www.zacks.com/stock/news/2289932/gms-gears-up-to-report-q4-earnings-here-s-what-to-expect?cid=CS-ZC-FT-analyst_blog|earnings_preview-2289932 Jun 18, 2024 - GMS' fourth-quarter fiscal 2024 results are likely to portray higher sales throughout its product category. Yet, high expenses are likely to mar the bottom line.
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