Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining, the company said on Friday. ...

These days, everyone's on pins and needles when it comes to the economy, the labor market, the state of inflation, the next Fed chair. Where we go in 2026. Uh, I want to bring in now someone who's very central to all of that.The Fed Reserve Board Governor Steven Myron. And Stephen, we got to start with this CPI number yesterday. Uh, you people went nuts.They lost their minds. Of course, I've been questioning this government data for about four or five years, and everyone said, "Don't worry, it's the gold st ...

Core Points - Nevada Sunrise Metals Corporation has granted 3,250,000 stock options to its directors, officers, and consultants, exercisable at $0.05 per share for five years [1] - The company is a junior mineral exploration firm based in Vancouver, Canada, focusing on gold, copper, and lithium projects in Nevada [2] - Nevada Sunrise holds rights to a 100% interest in the Griffon Gold Mine Project and the Coronado Copper Project, along with full ownership of several lithium projects in Esmeralda County, NV [3] Company Overview - Nevada Sunrise is engaged in mineral exploration with a strong technical team [2] - The company has interests in multiple projects, including the Griffon Gold Mine Project and the Coronado Copper Project, both located in Nevada [3] - Additionally, Nevada Sunrise owns water rights in the Lida Valley basin, which complements its exploration activities [3]

Core Viewpoint - Vireo Growth Inc. plans to acquire additional senior secured convertible notes of Medicine Man Technologies Inc. (Schwazze) at a significant discount, indicating a strategic move to strengthen its financial position and market presence [1][2]. Group 1: Acquisition Details - The total outstanding principal plus accrued interest of the acquired notes is approximately $2.6 million, with Vireo acquiring them for about $1.6 million, payable in subordinate voting shares at a price of $0.54 per share [1]. - Upon closing, Vireo will have acquired approximately 89% of the outstanding senior secured convertible notes of Schwazze, subject to customary conditions and necessary approvals [2]. Group 2: Company Background - Vireo Growth Inc. was founded in 2014 as a pioneering medical cannabis company, focusing on building a disciplined and strategically aligned platform in the industry [3]. - The company emphasizes a long-term mindset and a commitment to its customers, employees, shareholders, and the communities it serves, aiming to leverage its national portfolio while maintaining a strong local market focus [3].

In Brief Rocket Lab has won an $816 million contract — its largest to date — with the U.S. Space Development Agency as the company continues to diversify beyond its “rocket company” label.The company said Friday that its subsidiary, Rocket Lab USA, was awarded a prime contract by the Space Development Agency (SDA) to design and manufacture 18 satellites. The satellites will be equipped with advanced missile warning, tracking, and defense sensors for the agency’s Tracking Layer Tranche 3 program. This contr ...

An analyst bumped his price target higher on the company.Investor sentiment on tech stocks drove many of those titles higher on Friday. This included Broadcom (AVGO +3.18%), whose profile has risen thanks to its cutting-edge artificial intelligence (AI) chips. The company was swept up in the bullish trend, which was bolstered by an analyst's price target raise on its stock. A 2% move made a differenceThe raiser was Truist Securities's William Stein, who made an upward adjustment to his Broadcom target to $5 ...

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Information in Investor's Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or perfo ...

Core Viewpoint - American Homes 4 Rent (AMH) is a significant player in the single-family rental market, focusing on acquiring, developing, and managing rental properties across the United States [1] Financial Performance - Citigroup has maintained a Neutral rating for AMH, lowering its price target from $39 to $34.50, indicating a cautious outlook on the stock's potential growth [2][6] - AMH's current stock price is $31.39, reflecting a slight decrease of 0.93% from the previous day, with a market capitalization of approximately $11.63 billion [5][6] Investor Sentiment - Institutional investors, such as Axa S.A., have increased their stake in AMH by 13.6%, now holding 600,387 shares valued at approximately $21.7 million, which represents 0.16% of the company [3][6] - Hantz Financial Services Inc. has notably increased its holdings in AMH by 922.2% in the second quarter, now owning 828 shares valued at $30,000, indicating growing interest in the company [4] - Other financial entities, including AlphaQuest LLC and SVB Wealth LLC, have recently acquired new positions in AMH, reflecting a positive sentiment among some investors [4]

Market Performance - The S&P 500 had a rough start to the week but finished up 0.1% from the previous Friday [1] - The S&P 500 is currently up 16.46% year to date, while the S&P Equal Weight Index is up 10.04% year to date [4] Historical Context - On October 9, 2007, the S&P 500 reached an all-time high of 1565.15, followed by a drop of approximately 57% to 676.53 on March 9, 2009, marking the Global Financial Crisis [1] - It took over 5 years for the index to reach a new all-time high on March 28, 2013, closing at 1569.19 [1] Volatility Insights - The S&P 500 experienced its largest intraday price volatility of 10.77% on April 9, 2023, since December 24, 2018, which had a volatility of 19.10% [3] - The average percent change from the intraday low to the intraday high over the past 20 days is 0.96% [3] Moving Averages - The S&P 500 has been above the 50-day moving average since December 18, 2022, and above the 200-day moving average since May 12, 2023 [2] - The 50-day moving average has been above the 200-day moving average since July 1, 2023 [2]