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  • Dec 17, 2024

Rockwell Medical Scores Multi-Year Dialysis Deal; Stock Jumps

Rockwell Medical, Inc. (NASDAQ:RMTI) shares are trading higher premarket on Tuesday after it entered into a product purchase agreement with a provider of dialysis products and services. As per the three-year agreement, Rockwell Medical will supply its SteriLyte liquid bicarbonate product to the customer, with an option to renew it for two additional one-year terms. The agreement is expected to generate over $10 million in net sales in the first year, a portion of which was not included in Rockwe

  • Dec 17, 2024

Wall Street’s Smart-Trade Complex Booms Even as Simple Bets Win

(Bloomberg) -- Wall Street’s printing press for complex investment products is having a blockbuster year, minting fees for bankers, hedge fund managers and ETF issuers. Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearYet a slew of these newfangled strategies are struggling to wow — despite healthy demand — in a world where plain and simple bets on the S&P 500 keep winning b

  • Dec 17, 2024

EyePoint reports inducement grants under NASDAQ listing rule

EyePoint (EYPT) announced that the Company granted non-statutory stock options to new employees as inducement awards outside the Company’s 2023 Long-Term Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 54,600 shares of EyePoint Pharmaceuticals common stock to six new employees. The stock options were granted on December 13, 2024. The grants were approved by the Compensation Committee and made as an inducement m

  • Dec 17, 2024

Will Bitcoin Stay Above $100,000 in 2025?

To the delight of many investors, Bitcoin (CRYPTO: BTC) finally breached the $100,000 mark in 2024. Could Bitcoin soar to even greater heights in 2025, or is this surge above $100,000 a short-lived phenomenon, setting the stage for a potential correction? Bitcoin's recent rally has been nothing short of remarkable.

  • Dec 17, 2024

Fed caution, inflation risks propel US Treasury yield forecasts higher again- Reuters poll

U.S. Treasury yield forecasts from bond strategists have marched higher for a second month amid expectations of limited remaining Federal Reserve rate reductions and rising inflation risks in 2025, a Reuters survey found. Having kicked off its easing cycle with a jumbo half-percentage point cut in September, the central bank has lowered its fed funds rate by 75 basis points and looks set to trim another 25 bps on Wednesday to 4.25%-4.50%. Yet, since the first reduction, the benchmark U.S. 10-year Treasury yield, which moves inversely to prices, has shot up around 70 basis points - hitting a near six-month high of 4.50% last month.

  • Dec 17, 2024

Morning Bid: Bonds agitated as Fed meets, G7 politics rumble

Even with another Federal Reserve interest rate cut this week baked in to market pricing, U.S. Treasury bonds appear anxious again about the year ahead - with political upheavals in Germany and Canada clouding the overseas picture. As the Fed meets for the last time this year, there's little doubt in futures markets that it will cut another quarter point off its policy rate. But with the sort of roaring growth in the dominant U.S. services sector seen in this week's December surveys, record high stock markets and likely tax cuts ahead, barely two more cuts are expected next year and Fed policymakers are expected to lift their estimate of long-run neutral rates above 3%.

  • Dec 17, 2024

Citi Says These 2 AI Infrastructure Framework Stocks Are Top Picks for 2025

AI has been driving the markets for the past two years, proving that the technology truly is a game changer – and for multiple games. AI has impacted cloud computing, networking services, content and graphic design – the list seems limitless. While this is undoubtedly good for the economy, and it’s helped boost the stock market to record levels, it’s also driving gains for individual companies and their investors, even beyond the expected horizon of AI stocks. Looking at the tech sector and its

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