Applied Nutrition buys Nutrablend assets for $16m Applied Nutrition has acquired the majority of the assets of US-based sports nutrition manufacturer Nutrablend Group for $16m (£12m) in cash. The deal includes a production and logistics facility in New York state with
Credo Technology gains hedge fund backing and AI infrastructure demand, driving shares up 270% over the past year. Credo Technology Group (NASDAQ:CRDO) has become a top holding in a ChatGPT-themed stock portfolio, reflecting strong demand for its high-speed connectivity pr
The bank projects exponential growth from a $17 billion market, driven by mainstream adoption and regulatory clarity. Citigroup forecasts the tokenized securities market will expand to $5.5 trillion by 2030, up from $17 billion currently. The bank’s base case assumes robus
IBM’s $10 billion quantum commitment and $1 billion CHIPS Act grant drive shares to $320, while IonQ and Rigetti retreat despite revenue growth. IBM shares climbed 7% to $320 in early trading Monday, extending a 32% gain in May, the strongest monthly performance in nearly
A blended 6.5% yield from dividend-focused ETFs and REITs outperforms rental income from a $720,000 duplex by nearly threefold. A $720,000 portfolio combining dividend-focused ETFs and REITs generates $46,800 in annual income, nearly triple the $16,420 net rental yield fro
The 1% Rule From Clark Howard Consumer finance host Clark Howard, who has spent decades answering listener questions on saving and debt, put his entire philosophy into one sentence: "I increase what I save every six months by 1%. That's been a core principle, what I've bee
The shopping mall REIT sets a 2028 FFO midpoint of $1.90, surpassing analyst estimates of $1.84 per share. Macerich (MAC) announced a 2028 funds from operations (FFO) target of $1.80 to $2.00 per share, with a midpoint of $1.90. The guidance was disclosed in slides ahead o
Micron’s relative strength index reaches 90, its highest level in nearly 30 years, raising concerns of a potential pullback. Micron’s (MU) relative strength index (RSI) has climbed to 90, a level not seen since September 1995, when it last hit 96. The RSI, a key momentum i
Times have become difficult for the stock of cybersecurity firm Zscaler (NASDAQ: ZS). The company, known for its zero-trust security, recently received downgrades from investment company Evercore ISI This occurred following its earnings release for the third quarter
Nvidia’s new RTX Spark Superchip for PCs sparks pre-market gains for partners and losses for rivals Intel and AMD. Shares of Microsoft, Dell, and HP rose in pre-market trading after Nvidia unveiled the RTX Spark Superchip, targeting the personal computer market. The new pr
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