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Shares of Carvana Co. CVNA, -6.63% were surging more than 9% in premarket trading Tuesday after JPMorgan analyst Rajat Gupta ended his bearish call on the used-car retailer, upgrading the stock to neutral from underweight. Gupta wrote that Carvana was “not out of the woods” but that risks around the name “seem better understood.” He […]

Eli Lilly & Co. Inc. LLY, +0.61% said its new Type 2 diabetes treatment Mounjaro brought in $187.3 million in sales in the third quarter of the year, beating the FactSet consensus of $79.0 million. It was the therapy’s first full quarter on the U.S. market after receiving approval from the Food and Drug Administration […]

Pfizer Inc.’s PFE, -1.86% stock rose 3.4% before market open on Tuesday, lifted by the pharmaceutical giant’s third-quarter earnings. The company earned $1.51 a share on net income of $8.608 billion, compared with earnings of $1.42 a share and net income of $8.146 billion in the same period last year. On an adjusted basis, Pfizer […]

Types of Forex Scams and How to Recognize Them There are many scams associated with Forex targeting the public and retail traders. While the Forex market industry is increasing, the amount of Forex scams are also on the rise. Similar methods are also used in cryptocurrency scams. Here’s how to recognize forex scams and stay […]

On Tuesday, the Australian dollar started growing against the US counterpart. The current quote is 0.6419. At the meeting the Reserve Bank of Australia lifted the interest rate to 2.85% annual from 2.60% previously. This decision was anticipated, and this increase by 25 base points goes in line with the previously voiced RBA policy. This […]

EURUSD, “Euro vs US Dollar” The pair is pushing off the support level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.9885 is expected, followed by growth to 1.0245. An additional signal confirming the growth will be a bounce off the […]