Investing.com -- U.S. stocks were somewhat mixed on Friday just after midday. However, the S&P, Nasdaq and Dow Jones Industrial Average are on course for weekly gains. We have also seen some interesting moves by individual stock names. Here are Investing.com’s stocks of the week. Oracle Despite pulling back over the past two sessions, Oracle shares are still up significantly after an al ...
Investing.com -- Yardeni Research raised its year-end target for the S&P 500 to 6,800 from 6,600, citing expectations for Federal Reserve easing and continued economic resilience. The firm assigned a 55% probability to this base case, while giving a 25% chance to a “meltup” scenario that could drive the index to 7,000 by year-end and a 20% probability of a correction. “If the Fed lowers ...
SEOUL (Reuters) -South Korea has ramped up calls for changes to the U.S. visa system so that its workers can visit for longer periods after an immigration raid at a battery plant in Georgia led to the detainment of hundreds of its citizens. The two countries are looking at establishing a working group to consider a new type of visa for Koreans, according to South Korea’s foreign minister who vis ...
Investing.com -- Gemini Space Station has priced its initial public offering (IPO) of 15.2 million shares at $28 each. The company’s Class A common stock is expected to begin trading on the Nasdaq Global Select Market on Friday under the ticker symbol "NASDAQ:GEMI". The offering is scheduled to close on September 15, according to the company’s announcement. Goldman Sachs & Co. LLC, Citigro ...