Midcap container and packaging manufacturer Sonoco Products (SON) is in the throes of a bearish-to-bullish reversal, with the prospective completion of the initial bottoming-out process implying a move to around the $55 level. The stock closed Thursday at $47.21. The identical two-year, daily bar charts herein depict the current bullish setup. We’re buyers here. DISCLOSURES: None. (…
European defense startups are attracting swathes of private capital, as investors look for exposure to an industry on the cusp of receiving a leg-up from massive rearmament plans. Pressure from U.S. President Donald Trump , the ongoing Russia-Ukraine war and widespread geopolitical instability culminated in commitments from the European Union and the U.K. this year…
Check out the companies making the biggest moves in midday trading: Six Flags Entertainment — The theme park operator jumped 7% after the company reported increased attendance and strong interest in its 2026 season-pass program. Tesla — Shares of the electric vehicle company rose 6%, extending recent gains. Tesla is up nearly 12% over the…
Eli Lilly and Novo Nordisk are preparing to take their rivalry to the next frontier of weight-loss medications: pills. Both companies expect to launch oral obesity drugs in the U.S. next year, once regulators approve them. Daily pills could introduce more people to GLP-1s, the class of medicine that’s best known for weekly shots. But…
Participants at the presentation of new iPhone models from Apple try out the new thinner iPhone Air. Andrej Sokolow | Picture Alliance | Getty Images Apple has postponed the launch of its new iPhone Air model in China due to regulatory issues surrounding its eSIM design, the company said. Wireless carriers in China need a…
LOS ANGELES — Why would anyone keep a prop from the set of “Jaws?” Steven Spielberg was musing about what it felt like while making his 1975 oceanic classic, and how little he thought any of it would matter when shooting the now-legendary opening scene of a woman night-swimming past an ocean buoy. His primary…
One of the most shocking games of college football Week 2 was the Florida Gators falling to South Florida. Now, the Gators get a chance to redeem themselves when they face LSU in Week 3. Which top teams need to be on upset alert? This page may contain affiliate links to legal sports betting partners….
Apple could get a much-needed boost to its stumbling stock in the form of a bullish chart pattern. The iPhone maker appears poised to form a “golden cross,” a chart pattern that emerges as a stock’s short-term 50-day moving average exceeds its long-term moving average, typically measured over 200 days. The technical indicator is widely…
Shares of RH fell slightly Friday after the luxury furniture retailer significantly missed revenue expectations in its fiscal second-quarter earnings report and slashed its full-year revenue outlook. The chain said Thursday that it will take another $30 million hit to its forecast because of tariffs, even though the retailer stood by its full-year projection three…
Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Shares of Pfizer and Moderna fell on Friday after a report that Trump administration health officials plan to link Covid vaccines to the deaths of 25 children. The report from the…
