Author: businessinvestopedia.com

For investors who are strong enough to withstand steel market volatility, JPMorgan is recommending two stocks that are poised for significant upside. The investment bank upgraded U.S. Steel and Nucor to “buy,” arguing that the steel market will stabilize in 2025 as interest rates fall and November’s presidential election becomes a thing of the past. “We expect a period of volatility in the coming months, but for investors with a long-term perspective who can tolerate risk, NUE and X are likely to see gains over the next year,” analyst Bill Peterson told clients in a research note on Monday. Peterson…

The reality is that it is neither feasible nor likely for venture capital to be everywhere at the same time. Even as the industry matures and more venture capital flows into Web3 companies, it is unrealistic to expect the funds to be distributed evenly around the world. Certain hubs have already emerged as destinations for innovators, attracted by factors such as looser regulations, visa availability, cost of living, climate, and time of day. Cities such as New York, Lisbon, Dubai, Singapore, and Buenos Aires are among the places that are slowly becoming hubs. However, this maturation will take time, and…

Italian Prime Minister Mario Draghi during a press conference at the Prime Minister’s Office Multipurpose Hall on July 12, 2022 in Rome, Italy.Massimo Di Vita | Mondadori Portfolio | Getty ImagesThe European Union needs up to 800 billion euros ($884 billion) in extra investments per year to meet key competitiveness and climate targets, according to a report by economist and politician Mario Draghi.The report said the EU’s goals of strengthening its geopolitical importance, social equality and decarbonisation are threatened by weak economic growth and productivity compared to the US and China.The wide-ranging review, led by Draghi, who served as Italy’s…

Suzlon Energy shares today rose 3% to hit an intraday high of Rs 77.18 on the BSE after the company announced it has bagged India’s largest wind power order of 1,166 MW from NTPC Green Energy, the renewable energy arm of NTPC.The order will see Suzlon install 370 S144 wind turbines, each with a rated output of 3.15 MW, to power three million homes.The project will be implemented at three locations in Gujarat, according to an exchange filing by the company.”We are pleased to partner with NTPC Green Energy Limited, the renewable energy division of India’s largest power producer NTPC…

China’s real estate market has yet to bottom out despite the turmoil of the past year, according to a report. Standard Chartered CEO Bill Winters.Winters told CNBC’s JP Ong that China’s investment environment is “challenging,” with consumer confidence and international investor confidence relatively low.”We know that the real estate market is at the root of a lot of the questions around confidence, but the real estate market hasn’t fully bottomed out yet and is slowly declining,” he added.”We’re seeing occasional signs of increased activity, but at the same time, it doesn’t feel like we’ve found a true bottom in terms…

Saudi Arabia’s Minister of Investment Khalid Al Falih during the Bloomberg New Economy Forum in Singapore, Wednesday, Nov. 8, 2023. Bloomberg | Bloomberg | Getty ImagesSaudi Arabia’s Investment Minister Khalid Al-Falih has hit back at skepticism about the country’s economic diversification plans as Riyadh touts “green shoring” investment opportunities to attract foreign funds.”There were many who questioned the vision, the ambition, the breadth, the depth, the comprehensiveness and the development of a country like Saudi Arabia that has been dependent for decades on a commodity business like oil, and whether it could achieve what we are trying to achieve with…

September got off to a tough start for the U.S. stock market, with some economic indicators showing signs of weakness. Ignoring the short-term noise, investors looking to pick stocks can consider the recommendations of Wall Street’s top analysts. These professionals conduct research and evaluate a company’s ability to weather headwinds and grow over the long term.With that in mind, here are three stocks that top Street pros favor, according to TipRanks, a platform that ranks stocks based on analysts’ past performance.Planet FitnessThis week’s first Planet Fitness (PLNT) is a franchisor and operator of more than 2,600 fitness centers. The company…

India’s benchmark stock index Sensex closed down over 1,000 points while the Nifty 50 closed below 24,900 points on Friday, dragged down by banking and IT stocks amid uncertainty over the Federal Reserve’s interest rate cut.The 30-stock BSE Sensex index fell 1,017 points, or 1.24 percent, to close at 81,183, while the broader NSE Nifty index fell 293 points, or 1.17 percent, to close at 24,852.Meanwhile, in line with the global trend, Indian stock markets may face further declines on Monday following the latest US employment data, adding uncertainty to the outlook for a Federal Reserve interest rate cut. The…

Indian Railway Finance Corporation share price 169.854:03 pm | September 6, 2024-3.63(-2.1%)One97 Communications stock price 603.84:03 pm | September 6, 2024-22.75(-3.64%)YES Bank stock price 23.144:03 pm | September 6, 2024-0.25(-1.07%)ITC stock price 501.74:03 pm | September 6, 2024-9.5(-1.86%)HDFC Bank share price 1636.954:03 pm | September 6, 2024-8.5(-0.52%)Tata Motors share price 1049.353:59 pm | September 6, 2024-19.81(-1.86%)Zomato stock price 259.953:59 pm | September 6, 20245.1(2.01%)Adani Enterprises share price 2975.454:03 pm | September 6, 2024-39.91(-1.33%)Infosys stock price 1901.854:03 pm | September 6, 2024-31.31(-1.62%)Reliance Industries stock price 2929.654:03 pm | September 6, 2024-56.3(-1.89%)Adani Power share price 634.74:03 pm | September 6, 2024-9.15(-1.43%)Vedanta share…

Forward Air Corporation truck.Source: Business WireCompany: Forward Air (FWRD)work: Forward air is an asset-light transportation services provider. These transportation services include LTL, full truckload, intermodal drayage, freight brokerage and supply chain services throughout North America, Europe and Asia. Its segments include Expedited Freight, Intermodal and OmniLogistics.Market value: $884.7 million ($31.94 per share)Stock Chart IconStock Chart IconForward Air’s financial results for 2024Activist: Ancora AdvisorsOwnership percentage: Approximately 4%Average cost: NoneActivist Comments: Ancora is primarily a family wealth investment advisory and fund manager with $9.5 billion in assets under management. The firm has an alternative asset management division that manages approximately $1.3 billion.…