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Syria says U.S. oil firm signed deal with Kurdish-led rebels

Syria’s foreign ministry said on Sunday that an American oil company had signed an agreement with Kurdish-led rebels who control northeastern oilfields in what it described as an illegal deal aimed at “stealing” Syria’s crude. A ministry statement, published on state media, did not name the firm involved in the deal with the Syrian Democratic Forces (SDF), an alliance that seized swathes of north and east Syria from Islamic State with U.S. help. There was no immediate response from SDF officials to a Reuters’ request for comment. …read more […]

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Top 5 Robotics and Artificial Intelligence Stocks To Buy According to Hedge Funds

What are the best robotics and artificial intelligence stocks to buy today? In this time of uncertainty characterized by volatile market movements, economic contraction, and spiraling unemployment, finding stocks to put your money into seems like an arduous task. Some investors might think that the stock market is acting irrationally and puzzled by the quick […] …read more […]

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'Be Wary Of Cashing In': Stock Market Update For The Week Ahead

The Past Week, In A Nutshell What Happened: Stocks closed the week practically unchanged after mixed reactions to a slew of blow-out earnings results.Remember This: “Although the stock market will certainly experience pullbacks, disappointments and corrections along the way, the horses have just begun this race and investors should be wary of cashing in a winning Superfecta ticket too early,” said Jim Paulsen, chief investment strategist at the Leuthold Group.Pictured: Profile chart of the S&P 500 E-mini FuturesTechnical: Broad-market equity indices held onto recent gains, evidenced by the absence of directional surprise.Recapping last week’s action: On Monday, after the prior …read more […]

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Analysts Say These 2 Stocks Are Their Top Picks for the Rest of 2020

There’s no denying it, 2020 has been a strange year. A viral outbreak rocked the world to its core, laying waste to the global economy. At the same time, amid violent bursts of volatility, stocks revved their engines and sped forward, seemingly brushing off all of the chaos unfolding in the background. Rebounding vigorously off of March lows, the S&P 500 has crossed over into positive territory for the year so far. Making it that much more difficult to predict the market’s trajectory, COVID-19 isn’t going away any time soon, with the virus making a reappearance in several parts …read more […]

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The Week Ahead In Biotech: Novavax Coronavirus Vaccine Readout, FDA Decisions And More Earnings

Biotech stocks came under pressure in the week ended July 31 amid mixed earnings from the sector and some adverse clinical readouts.COVID-19 news flow continued to pour in, with big pharma tie-ups flaunting positive tidings. In the biggest ever coronavirus funding deal, the Sanofi SA (NASDAQ: SNY) GlaxoSmithKline plc (NYSE: GSK) won a joint $2.1 billion U.S. federal funding award.Here’re the key catalysts for the unfolding week:Conferences72nd National Hemophilia Foundation’s Annual Bleeding Disorders Meeting 2020 (virtual meeting): Aug. 1-8PDUFA DatesFDA is scheduled to rule on DBV TECHNOLOGIE/S’ ADR (NASDAQ: DBVT) Viaskin peanut allergy patch Wednesday. However, cancellation of …read more […]