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The 3 Things That Could Derail This Rally
Seeking Alpha· 2025-11-02 12:00
Group 1 - The NASDAQ index increased by 4.7% in October, indicating a strong performance in the equity market despite ongoing government shutdown concerns [1] - The biotech sector is highlighted as a focus area for investment, with a model portfolio of 12-20 high upside biotech stocks being offered by The Biotech Forum [1] - The Biotech Forum provides live chat discussions on trade ideas, weekly research, and option trades, enhancing investor engagement and information sharing [1] Group 2 - The article emphasizes the expertise of Bret Jensen, who has over 13 years of experience as a market analyst in the biotech sector [1] - The ongoing government shutdown has lasted for five weeks without resolution, yet equities continue to rally, showcasing market resilience [1]
Equity rally is more fundamentally driven than many appreciate, says Morgan Stanley's Mike Wilson
CNBC Television· 2025-06-30 20:24
Joining me now is Mike Wilson, Morgan Stanley's chief US equity strategist and CIO. Uh Mike, great to have you uh with me here. It's it's it's a fascinating round trip we've had, right, since early uh I guess since February in a sense.Where does the market sit in your mind relative to all the the kind of important drivers, right. I mean, we had this tariff policy scare and then a little bit of relief off of that. But in terms of the fundamental picture, technicals, demand for stocks, and all the rest of it. ...
Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company
CNBC· 2025-06-02 20:56
Core Insights - Pierre-Dimitri Gore-Coty, a long-serving executive at Uber, is leaving the company after nearly 13 years, having played a significant role in its global mobility and delivery operations [1][2] - Andrew Macdonald has been appointed as the new Chief Operating Officer, overseeing global mobility, delivery, and autonomous businesses, along with other key functions [3] Company Leadership Changes - Gore-Coty joined Uber in 2012 and rose to senior vice president of delivery by 2021, contributing to the company's expansion and the launch of Uber Eats [1][2] - Macdonald, who joined Uber four months after Gore-Coty, will report directly to CEO Dara Khosrowshahi and manage various operational aspects of the company [3][4] Financial Performance - Uber's stock closed at $83.64, reflecting a 39% increase this year, while the Nasdaq index remains relatively flat [4] - The company reported first-quarter results that exceeded earnings expectations but fell short on revenue [5] Legal Challenges - The Federal Trade Commission has filed a lawsuit against Uber, alleging deceptive billing and cancellation practices related to its Uber One subscription service, which CEO Khosrowshahi described as puzzling [5]