McCarthy and MAGA Republicans rally around Trump ahead of possible indictment

House Speaker Kevin McCarthy, R-Calif., and several MAGA Republicans rallied around Donald Trump on Saturday ahead of the former president’s possible indictment by a Manhattan grand jury. Trump, in posts…

Alibaba shares rally 6% after massive earnings beat

Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said its own product is currently undergoing internal…

Biotechs that could rally 35%+ include one targeting Schizophrenia

With new drug launches and product approvals on the horizon, some biotechnology stocks could finally be due for a breakout, market participants say. Biotech investors could use a break. The…

Bitcoin struggles around $23,000 level as new-year rally loses steam

Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued…

Cowen says a little-known defense systems can rally 40%

Aerospace and defense company Moog is Cowen’s top small and medium-cap pick for 2023. Analyst Cai von Rumohr reiterated the stock’s outperform rating, calling it a transition story with 40%…

Wells Fargo upgrades Spotify, says stock can rally nearly 50% as margins expand

It’s time to jump back into the Spotify bandwagon, according to Wells Fargo. Analyst Steven Cahall upgraded the audio streaming stock to to overweight from equal weight, saying the company…

Bernstein upgrades Diageo, says spirits giant can rally nearly 30%

Bernstein is getting bullish on Diageo . Analysts Trevor Stirling upgraded the Johnnie Walker and Ketel One parent to outperform from market perform. He also hiked his price target on…

Bitcoin briefly rises above $24,000, extending its new year rally amid a broader gain in tech stocks

Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Bitcoin…

Luxury stocks rally as China reopens, but consumers may shop ‘in-house’

A salesperson showing the limited edition launched by Emporio Armani to welcome the Year of the Tiger at a duty-free store in Haikou, south China’s Hainan Province, January 15, 2022.…

January was bitcoin’s best month since 2021, but crypto isn’t ready for a ‘rocket ship rally’ yet

Bitcoin is rounding out its best month in more than a year. It’s already recovered more than half of its 2022 losses and some say it’s found a bottom in…