• Feb 18, 2025

Ex-Nomura Strategist Says Analysts Can’t Forecast Japan Stocks

(Bloomberg) -- Analysts’ forecasts for Japanese stocks show little correlation with their actual performance, according to an analysis of 20 years of data from a former chief strategist at Nomura Holdings Inc. who now teaches at a university in Tokyo.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surre

  • Feb 18, 2025

Gold Revaluation Risks ‘Messy’ Outcome for Fed, Wrightson Says

(Bloomberg) -- Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, according to Wrightson ICAP. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration En

  • Feb 18, 2025

Mexico's economy secretary to meet with Trump officials in US in 'first conversation' on trade

Mexico's Economy Secretary Marcelo Ebrard said Tuesday that he will meet with Trump administration officials in Washington on Thursday in what he called “the first conversation” in a series of negotiations between the two countries. The meeting comes at a fragile moment for the two neighbors, whose bilateral trade exceeded $800 billion last year. U.S. President Donald Trump has threatened to impose 25% tariffs on all imports from Mexico — though so far limited them to steel and aluminum — and signed an executive order to rename the Gulf of Mexico as the Gulf of America.

  • Feb 18, 2025

Why Is Constellation Brands (STZ) Stock Rocketing Higher Today

Shares of beer, wine, and spirits company Constellation Brands (NYSE:STZ) jumped 8.7% in the pre-market session after Warren Buffett's Berkshire Hathaway revealed a position in the company (STZ) worth roughly $1.2 billion in the fourth quarter of 2024. Given Buffett's reputation for identifying quality opportunities in the stock market, the market is likely to read the information positively for the company's prospects in the near term.

  • Feb 18, 2025

Why Walgreens (WBA) Stock Is Trading Up Today

Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) jumped 13.5% in the morning session after CNBC's David Faber said that a potential deal between the company (Walgreens) and private equity firm Sycamore Partners "was showing signs of life." The stock's reaction is lifting investors' optimism as markets continue to digest the long-term implications of its recent dividend suspension (first time in over 90 years) and lawsuit with the Department of Justice.

  • Feb 18, 2025

Why Moderna (MRNA) Stock Is Up Today

Shares of biotechnology company Moderna (NASDAQ:MRNA) jumped 11.8% in the morning session after it continued to build on the 3% gain from Friday when it reported fourth-quarter 2024 financial results. Despite this, Barclays seems to be exercising caution, downgrading the stock to equal weight from overweight earlier in the morning. The firm cited "policy risks, fewer clinical catalysts, and broader economic uncertainties that could limit its upside.".