Small-cap stocks, in general, are more domestic in nature, and this protects them from geopolitical and foreign exchange risks. Thus, small-cap stocks could offer relief to investors when there is uncertainty in the global market, like we are currently facing. Another point in favor of small-cap stocks is that they have historically outperformed their large-cap peers over a long-term horizon. […]

This report was sent to Briefing.com subscribers earlier today.  Research calls posted earlier this morning are available here. Upgrades: > Air Products (APD) upgraded to Buy from Hold at Vertical Research > Bunzl PLC (BZLFY) upgraded to Overweight from Neutral at JP Morgan > Charles Schwab (SCHW) upgraded to Buy from Neutral at Citigroup; tgt lowered to $75 > Joint […]

Silicon Valley Bank chief executive officer Greg Becker sold $US3.6 million ($5.5 million) of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to its failure. The sale of 12,451 shares on February 27 was the first time in more than a year that Becker had sold shares in parent company […]

FILE PHOTO: A man walks past graffiti while demonstrators protest against the government’s pension reform plan in Paris, France, March 11, 2023. REUTERS/Benoit Tessier PARIS (Reuters) – French unions will keep on fighting against President Emmanuel Macron’s pension reform plan despite the upper house of parliament approving the text on Saturday, a leader of one of the main unions said […]

US coffee giant Starbucks has seen its first set of limited edition NFTs, consisting of a collection of 2,000 digital “Stamps,” sold out in minutes despite the overall sour market conditions. Each priced at $100, the NFTs brought in a total of $200,000 for the coffeehouse giant. Starbucks Releases “The Siren Collection” as Part of Web3 Push Starbucks Odyssey, the […]

KYIV (Reuters) – Ukraine has decided to fight on in the ruined city of Bakhmut because the battle is pinning down Russia’s best units and degrading them ahead of a planned Ukrainian spring counter-offensive, an aide to President Volodymyr Zelenskiy said.A satellite image shows smoke from recently dropped ordnance, amid Russia’s attack on Ukraine, in southern Bakhmut, Ukraine, March 6, […]

Premarket action on Friday had the three major U.S. indexes trading mixed. The Dow Jones industrials were down 0.32% and the S&P 500 down 0.18%, while the Nasdaq was 0.11% higher. All 11 market sectors closed lower Thursday. Financials (−4.1%) and materials (−2.54%) fell the most. Utilities (−0.84%) and energy (−1.36%) posted the day’s smallest losses. The Dow closed down […]

KYIV, Ukraine (Reuters) – Russia’s first missile blitz on Ukrainian cities in weeks was met with defiance and disgust over the targeting of civilians, while Ukrainian forces defending the eastern town of Bakhmut continued to thwart Russian attempts to break through.Ukrainian servicemen walk along a muddy road near the frontline town of Bakhmut amid Russia’s attack on Ukraine, Donetsk region, […]