Business Pen, Author at VYRE Business News Global

U.S. Stocks May Face Increased Downside Risk in Upcoming Months, Warns BofA Strategists

Business PenJuly 29, 2024

July 29, 2024

Seasonal Trends and Election Volatility Pose Near-Term Risks, While Dividend and Capital-Expenditure Plays Offer Some Optimism: BofA Global Research The U.S. stock market rally might...

Mullen Automotive Inc. (NASDAQ: MULN) Receives Order for Mullen Campus EVs from Leading Transportation and Logistics Company

Business PenJuly 29, 2024

July 29, 2024

Mullen Automotive, Inc. (NASDAQ: MULN), a manufacturer of electric vehicles, announced that DB Schenker, a leading global transportation and logistics company, has purchased four Mullen...

Nvidia’s Stock Rallies Amidst Strong Chip Sector Performance Ahead of Key Earnings Reports

Business PenJuly 29, 2024

July 29, 2024

Nvidia Corp. shares saw a significant rebound on Monday, aligning with a strong day for the semiconductor sector and anticipation of upcoming earnings reports that...

Fed’s Upcoming Decisions Could Determine the Future of Tech Stocks and Small-Caps

Business PenJuly 29, 2024

July 29, 2024

The Federal Reserve’s upcoming meeting could play a crucial role in the direction of tech stocks and small-cap equities. While a rate cut is not...

In a Challenging Box Office Climate, Premium Formats Thrive

Business PenJuly 29, 2024

July 29, 2024

The U.S. box office had a tough second quarter, with sales dropping to $1.95 billion—a 27% decline from the same period last year. Excluding 2020,...

Imax Shares Climb on Positive Outlook for the Entertainment Industry

Business PenJuly 25, 2024

July 25, 2024

Shares of Imax surged after the company announced that challenges from last year’s Hollywood strike and the pandemic are now behind it. The stock jumped...

AbbVie Stock Reaches New High Amid Strong Demand for Non-Humira Drugs

Business PenJuly 25, 2024

July 25, 2024

AbbVie (ABBV) shares hit a record high on Thursday as the biopharmaceutical company reported better-than-expected revenue and raised its guidance, thanks to strong demand for...

Keurig Dr Pepper Inc. (NASDAQ: KDP) Gains Attention for Unexpected Price Movement

Business PenJuly 25, 2024

July 25, 2024

Keurig Dr Pepper Inc. (NASDAQ: KDP) has captured the attention of the investment community today due to its surprising bullish price movement. The company’s shares...

Sokoman Minerals Provides Exploration Update at the Fleur de Lys Gold Project, Northwestern Newfoundland

Business PenJuly 25, 2024

July 25, 2024

Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (“Sokoman” or the “Company”) is pleased to provide the following update from the 2024 exploration program at the 100%-owned Fleur de...

Lineage Launches Trading with 2024’s Biggest IPO

Business PenJuly 25, 2024July 25, 2024

July 25, 2024July 25, 2024

Lineage, the world’s largest temperature-controlled warehouse real estate investment trust (REIT), began trading in the market’s largest initial public offering (IPO) of 2024. In its...