Hot PPI Sinks Gold, Freight Stocks: 10 Names To Watch Thursday
August PPI ran hot at 5.4%. Gold fell 2%, the 10-year hit 4.90% and economists split on a September Fed hike.
Stocks · News reference
Jim Cramer recommended buying Uber, Tanger, Rockwell Automation, Amcor, and Neurocrine Biosciences. Uber and Zipline announced a partnership for autonomous delivery. Tanger and Amcor both reported better-than-expected earnings. Rockwell Automation and Neurocrine Biosciences had mixed reactions from analysts. Uber and Amcor shares fell, while Tanger, Rockwell Automation, and Neurocrine Biosciences shares all had varying degrees of movement.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
August PPI ran hot at 5.4%. Gold fell 2%, the 10-year hit 4.90% and economists split on a September Fed hike.
Morgan Stanley analyst Jeffrey Hung maintains Neurocrine Biosciences (NASDAQ:NBIX) with a Equal-Weight and raises the price target from $182 to $183.
Neurocrine Biosciences has received FDA IND acceptance for a Phase 2 study of NBI-1117567, an oral muscarinic M1/M4 selective agonist for Alzheimer's cognition. Nxera Pharma will receive a $10 million milestone payment. This marks the third compound in Nxera's muscarinic agonist portfolio to advance to Phase 2, following direclidine in Phase 3 and NBI-1117570 in Phase 2.
Through controlled access to Claude Mythos 5, Rockwell security teams are exploring ways to accelerate the discovery, validation, prioritization, and remediation of vulnerabilities across software and connected systems