JGB Futures Edge Lower as Investors Assess Mixed Signals
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Viking Therapeutics (VKTX) Rebounds on Bargain-Hunting. Are You Missing Out?
We recently published . Viking Therapeutics, Inc. (NASDAQ:VKTX) is one of Wednesday's best performers. Viking Therapeutics bounced back by 5.46 percent on Wednesday to finish at $25.69 apiece as investors resorted to early bargain-hunting to take advantage of its cheap valuations. This followed the company's 42-percent decline on Tuesday, dragged by results of its weight loss clinical trial that saw a huge dropout rate in the number of enrollees due to mild to moderate adverse effects, including nausea and vomiting. In a statement, Viking Therapeutics, Inc. (NASDAQ:VKTX) said it registered a 28-percent dropout rate in the overall number of enrollees for the second phase of its VK2735 clinical study, sparking concerns about the drug's tolerability. In a call with analysts, Viking Therapeutics, Inc. (NASDAQ:VKTX) CEO Brian Lian said that GI-related adverse event rates might be further reduced through lower starting doses and or slower dose escalation. He added that the company was looking to explore it further in an upcoming maintenance dosing study. Following the resu While we acknowledge the potential of VKTX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio
Yahoo
11 minutes ago
- Yahoo
H World Group (HTHT) Jumps on Impressive Earnings, Outlook
We recently published . H World Group Ltd. (NASDAQ:HTHT) is one of Wednesday's best performers. Shares of H World Group grew by 5.43 percent on Wednesday to close at $35.16 apiece as investors were impressed by its earnings performance and growth outlook for the current quarter. In the second quarter, attributable net income increased by 45 percent to 1.5 billion yuan from 1.067 billion yuan in the same period last year, on the back of a strong performance from Legacy-Huazhu. Total revenues grew by 4 percent to 6.4 billion yuan from 6.148 billion yuan year-on-year, near the high-end guidance of 1 to 5 percent revenue growth target. Pixabay/Public Domain As of June 30, H World Group Ltd.'s (NASDAQ:HTHT) worldwide hotel network ended at 12,137 with rooms totaling 1.18 million. Of the total, 12,016 hotels were under Legacy-Huazhu. Looking ahead, H World Group Ltd. (NASDAQ:HTHT) said it expects revenues in the third quarter of the year to grow by 2 to 6 percent. While we acknowledge the potential of HTHT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio
Yahoo
11 minutes ago
- Yahoo
IREN Ltd. (IREN) Jumps as Investors Optimistic Ahead of Earnings
We recently published . IREN Ltd. (NASDAQ:IREN) is one of Wednesday's best performers. IREN Ltd. grew its share prices by 5.5 percent on Wednesday to finish at $19.76 apiece as investors repositioned portfolios ahead of the release of its earnings performance for the full fiscal period of 2025. According to the company, it is scheduled to report its financial and operating highlights after market close on August 28, a Thursday, alongside an investor call to elaborate on the results. Among the highlights to be watched out for include its outlook for the next fiscal period, having achieved its operating hash rate target of 50 EH/s in June this year which was expected to help bolster revenues from Bitcoin mining moving forward. In a statement earlier, IREN Ltd. (NASDAQ:IREN) said a 50 EH/s operating hash rate could help generate some $830 million in annualized hardware profit. Last month, IREN Ltd. (NASDAQ:IREN) announced a higher Bitcoin production of 728 units that successfully raked in $83.6 million in revenues. The total figure marked a 27.6 percent increase from the $65.5 million in revenues from 620 Bitcoins mined in June. Additionally, IREN Ltd. (NASDAQ:IREN) benefitted from an 8.66-percent higher Bitcoin price last month, at t $114,891 versus the $105,730 in June. While we acknowledge the potential of IREN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
