For more than a decade, China has been waging a quiet offensive against the U.S. dollar, and the front line has been oil. Beijing’s pitch to oil-producing countries has been simple: stop pricing your crude in U.S. dollars and start accepting Chinese yuan instead. Every barrel that trades in yuan is a barrel that doesn’t […]

Big pharma is currently facing a potential “bubble effect” due to the surging demand for weight loss and diabetes drugs, as revealed in a report by Deloitte released on Monday. Drugs such as Novo Nordisk‘s (NYSE:NVO) Wegovy and Eli Lilly’s (NYSE:LLY) Zepbound have driven research and development returns to their highest levels in years, concealing the stress experienced by the remaining sector. The […]

Daniel Newman, CEO of Futurum Group, suggested that Microsoft‘s (NASDAQ:MSFT) Q3 earnings may hold a surprise. Newman took to X on Tuesday to highlight CEO Satya Nadella‘s announcement of Copilot deployment to about 743,000 Accenture (NYSE:ACN) employees. Nadella called it the “largest” rollout of the AI-driven tool to date. The deployment began in 2023 and has since scaled […]

The stock market is roaring back to all-time highs with a historic 12.5% four-week surge, yet a stark disconnect remains as everyday consumers grapple with economic pessimism, highlights Charlie Bilello. The ‘Elevator Up’ Market Surge The S&P 500 has staged a staggering comeback, gaining 12.5% over four weeks to mark its 20th biggest advance since […]

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through […]

Job satisfaction has fallen to a record low in the United States, according to the New York Federal Reserve’s SCE Labor Market Survey released on Tuesday, with workers reporting the weakest appetite for switching employers since 2021. The share of workers expecting to move to a new employer fell to 9.7%, the lowest in five […]

Ethereum (CRYPTO: ETH) ETFs recorded $276 million in net inflows last week, yet prominent crypto trader Ansem warns the $300 billion asset could target $1,300 if the downtrend continues. The Bear Case Building Ansem laid out a multi-pronged case against Ethereum. Solana (CRYPTO: SOL) dominated retail activity this cycle, Hyperliquid (CRYPTO: HYPE) dominated perps activity, […]

Major U.S. indices closed higher on Thursday, with the Dow Jones Industrial Average up 0.2% at 48,578.72, the S&P 500 gaining nearly 0.3% to 7,041.28, and the Nasdaq advancing about 0.4% to 24,102.70. These are the top stocks that gained the attention of retail traders and investors through the day: Netflix Inc. (NASDAQ:NFLX) Netflix shares saw […]