The global tally for the coronavirus-borne illness climbed above 242.5 million on Friday, while the death toll edged above 4.93 million, according to
Investing in the metaverse will be a key theme over the next decade, one analyst says. Here are seven companies that stand to cash in.
The global war against COVID-19 has changed over the course of the past week -- and changed dramatically just this past weekend.
Shares of the COVID-19 vaccine makers Pfizer (NYSE: PFE), Ocugen (NASDAQ: OCGN), and Vaxart (NASDAQ: VXRT) are all moving in the wrong direction today. Specifically, Pfizer's stock is down by approximately 4%, Ocugen's equity is in the red by 5.64%, and Vaxart's shares are underwater by a hefty 8.7%, as of 12:23 p.m. ET Monday afternoon. On Sunday, the White House's chief medical advisor, Dr. Anthony Fauci, said that the preliminary data regarding the severity of the omicron variant was "encouraging."
Buffett prefers assets with clear, material use, and these definitely fit the bill.
High-growth but richly valued tech stocks have been getting hammered by the market as of late, and software cybersecurity disruptor Zscaler (NASDAQ: ZS) hasn't been exempt. As for the specific plunge today (Zscaler is up 36% in 2021 with just weeks to go until the new year), analyst Stephen Bersey at Daiwa Capital downgraded Zscaler to underperform and stuck a $286 price target on the stock. A slew of other Wall Street prognosticators waxed optimistic on Zscaler last week after the company said revenue grew 62% year over year in the last quarter, and deferred revenue (sales collected from customers, but for which service has not yet been provided) boomed 74% higher.
The Wall Street giant really likes these dividend stocks — for very good reasons.
The stock market stayed in full high-volatility mode on Friday, but investors weren't complaining given the positive tone on Wall Street. Investors seemed comfortable that the Omicron COVID-19 variant isn't likely to flare up into a new full-blown crisis, and that gave investors more confidence in the potential for the global economy to weather any resulting turbulence. Gains for the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) were substantial and provided a nice respite from recent declines.
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Lucid (LCID) shares opened 12% lower on Monday after the high-end electric vehicle startup revealed it received a subpoena from the Securities and Exchange Commission (SEC) over its recent tie-up with a special purpose acquisition company.
Dr. Stephen Hoge, president of Moderna, said Sunday that there's a risk its vaccine would decrease in effectiveness due to Omicron.
The chip making giant plans to retain majority control of Mobileye after taking it public next year.
For the past 12 years, investing in growth stocks has been a moneymaking strategy. Historically low lending rates and an accommodative Federal Reserve have allowed fast-paced companies to thrive. Back in 2013, J.P. Morgan Asset Management, a division of JPMorgan Chase, released a report that compared to performance of publicly traded companies that initiated and paid a dividend between 1972 and 2012 to stocks that didn't pay a dividend over the same period.
U.S.-listed shares of Alibaba Group Holdings Ltd. rocketed Monday to post their best performance in more than four years as numerous Chinese internet stocks started to mount a comeback after a tough recent stretch.
Acadia Pharmaceuticals said late Monday its Rett syndrome treatment succeeded in a pivotal study — and ACAD stock rocketed.
In a matter of weeks, many growth stocks have gone from hot to cold over fears of an economic slowdown, the omicron COVID-19 variant, and valuation concerns. Lucid Group (NASDAQ: LCID) and Nio (NYSE: NIO) are two very different electric vehicle (EV) companies that are looking to make names for themselves on the global stage. Let's determine if now is the right time to buy Lucid and Nio, or if investors should run for the exits.
On Sunday, Dr. Fauci gave a guardedly hopeful update on the omicron variant, and investors in travel and leisure stocks latched onto that hope.
Tesla has become the definitive leader in the electric vehicle race, but even King Musk may not be immune to supply shortages.
These two under-the-radar metaverse stocks can give attractive returns to retail investors in the long run.
Nvidia Corp. shares just closed into a correction Monday following a big decline last week, joining Advanced Micro Devices Inc.
Maximizing your retirement savings is essential to a secure retirement, and a part of that is minimizing taxes on 401(k) withdrawals.