Why Centrus Energy Stock Crashed Today
Key Points
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Centrus Energy announced a large debt issuance last night.
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The uranium supply company could raise as much as $750 million in new cash.
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Read MoreThis Trump Tariff Could Increase America's Trade Deficit
President Donald Trump’s trade war has fractured America’s relationship with much of the world,
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Read MorePiper Sandler sees upside for Nvidia ahead of second-quarter earnings
Piper Sandler has increased its price target for Nvidia shares to $225 from $180, suggesting roughly 23% upside from current levels.
The investment firm reiterated its overweight rating on the stock, citing expectations for strong second-quarter results and continued demand momentum.
Analyst Harsh Kumar noted that the firm’s estimates are largely in line with consensus for the July quarter and slightly below for October.
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Read More10 Best Large Cap Tech Stocks to Buy Now
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
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Read MoreMany employer health plans, fidcuaries are easy targets for ERISA suits, researchers warn
The federal Employee Retirement Income Security Act of 1974 requires employers with health plans and retirement plans to act as “fiduciaries,” meaning that the employers should perform their plan oversight duties “solely in the interest of plan participants” and “with the care, skill, prudence and diligence” that a “prudent man” would use in a similar situation.
The Burst
Market Commentary: Little-Known Indicator Forecasts Market Plunge
Some indicators aren’t well known or understood but can be highly effective when used by proficient traders. SKEW is one such indicator; it measures the perceived tail risk of the distribution of S&P 500 investment returns over a 30-day horizon.
Read MoreThe Ivy
Airline Stocks Plummet Now, What’s The Best Play?
It’s a strange phenomenon that at this time of year the airline industry, which you might think sees an uptick in travel spending, actually sees share prices nosedive.
More specifically, the share prices of airlines goes down even as those companies tend to make more money in the coming months as travel demand spikes.
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