News 

Gaming giant Nvidia, after 113% gain, could surge another 23%, BofA analyst says

“The analyst said the company’s current generation “Pascal” gaming graphics cards have 40 percent share of Nvidia card owners on PC gaming distribution platform Steam” writes Rick Wilking for cnbc.com. Nvidia shares will surge again this year due to a strong upgrade cycle in its gaming graphics chip business, according to Bank of America Merrill Lynch.He raised his price target to $275 from $251, representing 23 percent upside from Thursday’s close.He now has the highest price target on the stock out of 29 analysts, according to FactSet. Source: cnbc.com Share This:

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Markets News 

Get ready: home remodeling is set to surge at the fastest pace in more than a decade

“Home remodeling is projected to grow at the fastest pace in more than a decade this year, according to a report out Thursday” writes Andrea Riquier for marketwatch.com. Those indicators measure the housing market trends that are nudging more and more homeowners to renovate.The leading indicator of remodeling activity, produced by the Joint Center on Housing Studies at Harvard University, suggests homeowner spending on improvements and repairs will be close to $340 billion in 2018, 7.5% higher than spending in 2017.The index, also known as the LIRA, gauges the level…

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NHL Power Rankings: Scalding Flames surge, Penguins also on the move

“There are several teams on significant winning streaks, and that alters this week’s NHL power rankings as a result” reports sportingnews.com. Here is the complete breakdown of Sporting News’ NHL power rankings for Week 13.Three of the top seven teams in the power rankings are from Central Division.Dylan Larkin has only four even strength goals this season — also has one on the power play and two more shorthanded. Source: sportingnews.com Share This:

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News Oil 

US shale oil output poised to surge above 6.5 million barrels a day in February

“American shale oil drillers will deliver another month of strong growth in February, the U.S. Department of Energy forecast on Tuesday” writes unknown author for cnbc.com. Oil output from the nation’s major shale oil regions is poised to grow by 111,000 barrels a day next month, according to the latest drilling productivity report from the department’s U.S. Energy Information Administration. Source: cnbc.com Share This:

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News Stocks 

Kohl’s shares surge after two banks upgrade the retailer making a comeback

“And while the company’s initiatives could increase foot traffic at Kohl’s stores, the analyst also highlighted its growing relationship with e-commerce giant Amazon” writes Daniel Acker for cnbc.com. Kohl’s stock rallied in premarket trading Friday after two Wall Street banks upgraded the company’s shares. Source: cnbc.com Share This:

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Crypto News Stocks 

China’s blockchain fever gets hotter even as regulator queries price surge

“Stock punters also pushed up other blockchain concept stocks such as Xiamen Anne , Brilliance Technology and Shenzhen Zqgame “ writes Midwest Communications Inc for 95kqds.com. Client Service International Inc jumped the maximum 10 percent for the third straight day, although the software maker flagged risks to investors, saying it was still “exploring” blockchain technology.SHANGHAI (Reuters) – China’s blockchain-related companies extended their bullish run on Friday, as punters brushed aside concerns raised by regulators about the rationality of stock price surges this week.Most of these companies had seen their shares…

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Ultra shares surge on recovery signals after profit warning 

“His departure was also attributed to the company having failed to hit growth targets for several years, and delays in completing a major acquisition in the US, the $235m purchase of Sparton which makes sensors used to track submarines” writes Alan Tovey for telegraph.co.uk. However, a trading update on Thursday signalled that the situation has stabilised for the business, which specialises in naval warfare equipment, such as submarine-detecting sonar buoys.Ultra said that it expects full-year underlying profit to be in line with downgraded expectations of  £120m, on revenue of around…

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Crypto News 

Cryptocurrency pickup lines will make your Tinder success surge to an all-time high

“Armed with the knowledge that cryptocurrency is the ~hot topic~ of the moment, I decided to write some cryptocurrency-related pickup lines” writes Rachel Thompson for mashable.com. Why not capitalise on the crypto-buzz and make interest in you surge to an all-time high?. Per Google Trends data, interest in cryptocurrency is at an all-time high. Source: mashable.com Share This:

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Joules and Fat Face buck fashion gloom with sales surge

“Family-friendly clothing brands Joules and Fat Face have celebrated not succumbing to the retail discounting frenzy by posting a surge in sales over the festive period” writes Ashley Armstrong for telegraph.co.uk. In order to revive sales, much of the high street began slashing prices before Christmas.Anthony Thompson, chief executive of Fat Face, said that the heavily promotional environment had meant that many of his rivals had “lost all price integrity”. Fat Face shunned all discounting until Boxing Day, which Mr Thompson said gave customers “confidence that they could buy something…

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