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Shares of Eli Lilly (LLY +2.87%) rose to a new all-time high on Tuesday, following upbeat analyst remarks. Image source: Getty Images. Getting more bullish JPMorgan analyst Chris Schott reiterated his overweight (read: buy) rating on Eli Lilly’s stock and boosted his share price target from $1,300 to $1,400. Even after today’s gains, JPMorgan’s new…
Non-qualified mortgage loans, by their nature, have risks not commonly seen in conforming underwriting. Processing Content To meet those needs, RiskSpan launched Credit Model 7.1 last week. It works alongside RiskSpan’s existing non-QM prepayment model, which predicts how fast borrowers pay off their loans. Together, the two models let clients estimate both credit risk and…
Despite a disappointing year for gold and silver — the two most widely observed commodities — broader commodity strategies are continuing to deliver for investors. Just look at the actively managed ALPS CoreCommodity Natural Resources ETF (CCNR). To be sure, the $419.3 million CCNR, which turned two years old earlier this month, is an equity-based…
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Nonbank mortgage giant Rocket Cos. closed on a multibillion-dollar credit agreement with JPMorgan Chase on Thursday that will replace the facility it took out while two of its large acquisitions were pending last year. Processing Content The new credit line Rocket will use for general corporate purposes has an initial $2.5 billion capacity and allows…
The cryptocurrency industry entered the second half of 2026 on a cautious note, according to CoinGecko’s quarterly analysis. Total crypto market capitalization fell 12.6% during April–June, dropping by roughly $305 billion to end the period at $2.1 trillion — its lowest level since September 2024. This marked the third consecutive quarter of losses for digital…