While the health care sector has been a chronic underperformer in recent years, our process is showing that a number of stocks in this struggling sector are exhibiting real signs of strength. With an encouraging earnings report this week, followed by an impressive breakout above resistance, Boston Scientific Corp. (BSX) may be setting up for significant gains beyond current levels. The daily chart shows how BSX is setting up with a classic “big base breakout” pattern, where a multi-month consolidation pattern is finally exited with a significant upside move. As legendary technical analyst Alan Shaw used to say, “The bigger…
Author: usaeverydaylife
India has resumed issuing tourist visas to Chinese citizens for the first time in five years starting Thursday, according to a Weibo post by the Indian embassy in China on Wednesday, marking a significant step in de-escalating tensions between the two countries.Tensions between China and India escalated after their military clashed in June 2020 over their disputed Himalayan border, which resulted in casualties on both sides, according to Reuters.Following the deadly incident, India rolled out restrictions on Chinese investments and barred access to many Chinese applications, including Shein, TikTok and Weibo.Both countries have moved toward rebuilding their relationship with several high-level…
Sign at the entrance to the Puma store in Midtown Manhattan.Erik Mcgregor | Lightrocket | Getty ImagesPuma shares plummeted 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs.In a preliminary updated after markets closed on Thursday, the retailer said it expects full-year sales to decline by a low-double digit percentage this year, compared with its prior forecast of sales growth in the low- to mid-single digit range.Puma also said it expects to post an operating profit loss in 2025 — a huge swing from the 445…
A Cambodian BM-21 multiple rocket launcher returns from the Cambodia-Thai border as Cambodian and Thai troops exchanged fire in a new round of clashes in Preah Vihear province on July 24, 2025.Str | Afp | Getty ImagesThe escalating conflict between Thailand and Cambodia could have a negative impact on their tourism-dependent economies, but Cambodia’s is more vulnerable, analysts said.Both countries exchanged fire across the border in multiple areas on Thursday after weeks of simmering tensions, with least 11 civilian deaths.Tourism is a significant economic driver for both countries, contributing about 12% and 9% to Thailand’s and Cambodia’s gross domestic product,…
AYLESBURY, ENGLAND – JULY 24: UK Prime Minister Keir Starmer and Prime Minister Narendra Modi of India walk in the grounds at Chequers on July 24, 2025 in Aylesbury, England. Kin Cheung | Getty Images News | Getty ImagesU.K. and India’s bilateral trade is set to get a more than $34 billion annual boost over the long term following their free trade agreement, with the countries’ leaders calling it a “historic” deal.The FTA, which slashes duties on goods including textiles, alcohol and automobiles, was signed Thursday in the presence of Indian Prime Minister Narendra Modi and his UK counterpart, Keir…
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions.WASHINGTON, DC – JUNE 2: A NASA logo is displayed at the entrance to the Mary W. Jackson NASA Headquarters building on June 2, 2025 in Washington, DC. (Photo by Kevin Carter/Getty Images)Kevin Carter | Getty Images News | Getty ImagesOverview: HEADLINEFor half a year now, NASA’s been weathering a storm on every front, from its budget to its chain of command and potential program terminations. Employee uproar was an inevitable chapter of the saga.A group…
US President Donald Trump and Indian Prime Minister Narendra Modi attend “Howdy, Modi!” at NRG Stadium in Houston, Texas, September 22, 2019.Saul Loeb | Afp | Getty ImagesPressure on India to seal a trade deal with the U.S. has intensified this week ahead of a fast-approaching Aug. 1 deadline, which will see tariffs increase to 26%.A trade deal between the U.S. and Japan announced on Wednesday, which addressed sticking points on greater market access for American autos and agricultural products, has also added to the urgency for New Delhi.Like Japan, India has resisted greater market access for American agricultural products…
Opening callsGood morning from London.There’s just under an hour and a half to go until the final opening bell of the week, and regional indexes are currently looking poised to move into negative territory.Futures tied to the German DAX, Italian FTSE MIB and French CAC 40 indexes were all last seen trading 0.2% lower. Those tied to London’s FTSE 100 were last heading marginally lower.Regional shares ended the Thursday session higher, as investors focused on U.S.-EU trade talks, the European Central Bank’s widely anticipated interest rate hold and a flurry of corporate earnings.— Chloe Taylor Source link
A worker performs a final check on new Volkswagen ID.3 electric cars at the Volkswagen plant on May 14, 2025 in Dresden, Germany.Sean Gallup | Getty Images News | Getty ImagesGermany’s Volkswagen on Friday lowered its full-year guidance and reported a sharp drop in second-quarter profit, as the auto giant navigates the disruptive impact of U.S. tariffs.Europe’s biggest carmaker posted operating profit of 3.83 billion euros ($4.49 billion) for the three months through June, down 29% from 5.4 billion euros a year ago.Analysts had expected second-quarter profit to come in at 3.94 billion euros, according to a Factset-compiled consensus.Volkswagen reported second-quarter sales…
A bagpipe player wears traditional dress next to Donald Trump as he arrived at his Trump Turnberry Resort on June 24, 2016 in Ayr, Scotland.Getty ImagesAs U.S. President Donald Trump visits Scotland this week, the U.K. will be looking to further cement warm ties with the White House leader and to complete some important unfinished business.The president is due to visit two Trump-owned golf sites in Turnberry and Aberdeen between Friday and Tuesday, as well as one of his new golf courses that’s set to open in August.He’s also due to have an informal meeting with U.K. Prime Minister Keir Starmer…
