The launch of Madrigal Pharmaceuticals Inc.’s NASH drug Rezdiffra exceeded all expectations in the recent quarterly earnings release. The stock rose more than 50% in a few days – and the company now has a market cap of close to $8 billion.

NVIDIA Corporation has delivered better-than-expected sales and earnings in its latest quarterly report as it continues to progress banking on the incessant demand for its artificial intelligence (AI) chips. 

What is true is that predictions of higher inflation are conditional on passage of the proposed measures (as modeled by the modelers), and the models themselves.

There were two major datapoints released the week of Nov. 18 pertaining to inflation—the consumer price index (CPI) and the producer price index (PPI).

The Dow Jones Industrial Average (DJIA) has snapped its recent soft patch, extending its midweek bullish pivot into a firm Friday performance.

The dollar breaks out to the upside after more than two years.

Looking at Q3 as a whole, total earnings for the S&P 500 index are expected to be up +8.1% from the same period last year on +5.7% higher revenues.

Gold and silver finished higher. The Dollar gained a little ground to finish around 107.50.

This week, the S&P 500 has been hugging the upper edge of its expected move with precision, and next week’s $72 expected move in 3.5 trading days is aggressive for a holiday week.

The Q3 2024 blended earnings growth estimate now stands at 7.4%.

Nvidia is looking to absorb "overpriced" framing. And likely for good reasons.

In the U.S., equities have staged a solid rally this month with most of the move occurring after the election.  Elsewhere in the world, equities haven't exactly shared in the gains.

Gold broke out from a 13-year cup and handle pattern earlier this year to a new all-time high and advanced to $2800/oz.

TJX relies on excess designer inventory, avoiding import costs.

Dillard’s Inc is an American fashion apparel, cosmetics, and home furnishings retailer.

As Bitcoin reached a new all-time high (ATH) of $98,310 today, the ETH/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum, the second-largest digital asset.

Wall Street had a mixed session, but turned in a solid weekly wins across the board.

There are currently 6.9 million people unemployed out of a labor force of 168.4 million. This comes to a U-3 unemployment rate of 4.1%.

The University of Michigan just released its revised Consumer sentiment data for the month of November, which came in below expectations at 71.8 (street expecting 74.0).

While it may feel like the stock market has gone gangbusters since the close on 11/5, the S&P 500 ETF is up just over 3%, while the mega-cap Tech-heavy Nasdaq 100 is up even less at 2.5%.