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Girlbosses Deserve Second Chances, Too

Girlbosses Deserve Second Chances, Too

Bloomberg2 days ago
Women, Money & Power
The female founders of brands like Outdoor Voices, The Wing, and Reformation are returning to business after public downfalls. Bloomberg Opinion columnist Beth Kowitt explains why it's a win for women. (Source: Bloomberg)
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Gold futures in New York surge as tariff confusion sweeps precious metal market
Gold futures in New York surge as tariff confusion sweeps precious metal market

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Gold futures in New York surge as tariff confusion sweeps precious metal market

Gold (GC=F) futures in New York hit intraday record highs on Friday amid reports that imports of Swiss gold bars would not be exempt from tariffs. The precious metal hit $4,490 per ounce on the Comex exchange after the Financial Times reported one-kilogram and 100-ounce bars of gold are indeed subject to 39% reciprocal tariffs on Switzerland recently announced by the Trump administration. "The move is significant because 1-kilo and 100-ounce gold bars form the backbone of much of the gold trading activity in the United States," Ryan McIntyre, senior managing partner at investment manager Sprott, told Yahoo Finance. McIntyre said contracts on the Comex exchange in New York are based on 100-ounce bars, noting "the introduction of tariffs will likely inject additional uncertainty into that market." The clarification from Customs and Border Patrol, also reported by Bloomberg, sent gold futures in New York skyrocketing as traders assessed the implications on transfers of the precious metals and how the futures market could be reshaped. "Likely imposing 39% tariffs on Swiss kilobars is akin to pouring sand into an otherwise well functioning engine," wrote Ross Norman, CEO of UK-based Metals Daily. Traders are still weighing whether the steep tariffs on Swiss kilo-bars reflect a real policy shift or a possible misclassification error. "On a broader scale, the gold market is highly liquid and global, meaning we would expect gold flows to adjust in ways that minimize disruptions," McIntyre said. Gold inventories in New York skyrocketed earlier this year as institutional investors shipped elevated amounts of physical bars to vaults in Manhattan ahead of tariff announcements. In late March inventories reached their highest level since the pandemic in 2021, according to Bloomberg data. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Click here for in-depth analysis of the latest stock market news and events moving stock prices Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The Street Loves This ‘Strong Buy' Pharma Stock
The Street Loves This ‘Strong Buy' Pharma Stock

Yahoo

time16 minutes ago

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The Street Loves This ‘Strong Buy' Pharma Stock

Indivior (INDV) is up 90% since April and has consistently hit new highs, driven by optimism for Sublocade. INDV stock set its latest 52-week high in morning trading on Aug. 8. Technical indicators are overwhelmingly bullish. Indivior has a 100% 'Buy' rating from Barchart. Despite the current momentum, INDV is volatile and speculative. I recommend strict risk management and stop-loss strategies for any potential investment. Today's Featured Stock Valued at $3.03 billion, Indivior (INDV) is a specialty pharmaceutical company. It is engaged in discovering and developing medications and treatment for alcohol addiction, opioid overdose, cocaine intoxication, and co-occurring conditions, such as schizophrenia. Its future seems to be based on analysts' love of Sublocade, which is an extended-release injection of buprenorphine used for the treatment of moderate to severe opioid use disorder. Sublocade works by steadily releasing buprenorphine into the bloodstream, helping to reduce cravings and withdrawal symptoms associated with opioid dependence. More News from Barchart Robinhood Stock Seemingly Can't Be Stopped in 2025. Is It Too Late to Buy HOOD Here? Dear Ford Stock Fans, Mark Your Calendar for August 11 Cathie Wood Is Buying Shares of This Little-Known Ethereum Treasury Company. Should You? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! What I'm Watching I found today's Chart of the Day by using Barchart's powerful screening functions to sort for stocks with the highest technical buy signals; superior current momentum in both strength and direction; and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. INDV checks those boxes. Since the Trend Seeker signaled a buy on April 25, the stock has gained 92.7%. INDV Price. vs Daily Moving Averages: Barchart Technical Indicators for Indivior Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Indivior shares hit a new 52-week high on Aug. 8, touching $22.36 in morning trading. Indivior has a Weighted Alpha of +128.91. INDV has an 100% 'Buy' opinion from Barchart. The stock has gained 69.29% over the past year. INDV has its Trend Seeker 'Buy' signal intact. Indivior is trading above its 20-, 50-, and 100-day moving averages. The stock made 20 new highs and gained 46.08% in the last month. Relative Strength Index (RSI) is at 90%. There's a technical support level around $21.72. Don't Forget the Fundamentals $3.03 billion market capitalization. 12.36x trailing price-earnings ratio. Revenue is projected to decline 9.09% this year and another 1.16% next year. Earnings are estimated to increase only 1.10% this year and an additional 11.48% next year. Analyst and Investor Sentiment on Indivior I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are bullish on INDV, and so is Morningstar. The Wall Street analysts tracked by Barchart have issued 7 'Strong Buy' and 1 'Moderate Buy' opinion on the stock. Their price targets are between $20-$30 with a consensus of $25.83. Morningstar thinks the stock is undervalued by 23% with a fair value of $28.77. Only 958 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line on Indivior INDV currently has momentum and is hitting new highs. Analysts seem to think a turnaround may be in its future. I caution that INDV is volatile and even speculative in the current environment, which means investors should use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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