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Qualcomm’s incoming CEO Cristiano Amon is incredibly bullish on the future. Here’s how he thinks 5G could change the world.
WASHINGTON (Reuters) -Electric vehicle company Workhorse Group will file a legal challenge to the U.S. Postal Service decision in February to award a multibillion-dollar, 10-year contract to Oshkosh Defense to manufacture a new generation of postal delivery vehicles, a source familiar with the matter told Reuters. Workhorse had proposed building an all-electric vehicle fleet for USPS and has won the support of many U.S. lawmakers. USPS did not immediately comment.
Portugal captain held up bottle of water and shouted in Portuguese: ‘Agua!’
Prices have dropped from record highs spurred by the economic reopening, potentially pointing to an eventual return to normalcy.
Shares of Torchlight Energy Resources (TRCH) surged 41.6% to close at $5.07 on June 15. Torchlight Energy is an oil and gas Exploration and Production (E&P) company with a market cap of approximately $950 million. Over the past month, the stock has skyrocketed over 135% and is up a whopping 1,107% over the past year. Reasons for the Spike in the Share Price Torchlight has been one of the most-mentioned stocks on StockTwits recently, and that enthusiasm among the traders appears to be sending its
Dynavax Technologies (NASDAQ: DVAX) stock was down 6.3% as of 11:26 a.m. EDT, while shares of Novavax (NASDAQ: NVAX) and Vaxart (NASDAQ: VXRT) were falling 7.8% and 10.6%, respectively. The declines for the biotech stocks appear to merely be run-of-the-mill volatility on a day when the overall stock market was down. Sales of its Heplisav-B hepatitis B vaccine were negatively impacted by the COVID-19 pandemic.
Oracle Corp. (ORCL) reported stronger-than-expected results for the fourth quarter of fiscal 2021. However, following the earnings release, shares of the cloud database company plummeted 4.8% in Tuesday’s extended trading session. Oracle reported quarterly revenues of $11.23 billion, a growth of 8% from the prior year. Also, it surpassed the consensus estimate of $11.04 billion. The company’s increase in revenues can be attributed primarily to the growth witnessed in its cloud services and licen
FA CENTER Lumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions. It’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations.
Researchers featured a pair of Anavex Life Sciences drugs in a paper on Alzheimer's disease this week, but AVXL stock plunged.
A California judge on Tuesday dismissed a lawsuit brought by rapper Ice Cube against trading platform Robinhood claiming the trading platform used his image to promote its products, without his consent. The rapper sued Robinhood in March, alleging that it was damaging his reputation and violating trademark law by using his image and a take on his musical lyrics, and making it appear as if he endorsed the company, without his consent, in its "Robinhood Snacks" newsletter.
Rolls-Royce will invest £80m in energy storage technology that will boost the range of electric aircraft. The jet-engine maker said its investment in energy storage systems (ESS) will create 300 jobs by the end of the decade, helping to power both fully electric and hybrid aircraft designs. The battery pack designs are aimed at vertical takeoff and landing “urban mobility” vehicles, often dubbed "flying taxis", and small fixed-wing aircraft with up to 19 seats for short commuter flights. Rolls i
Many investors have been overwhelmed by the number of SPAC deals in the electric-vehicle space over the last year, and some have soured on the space now that a couple of last year's darlings have turned out to be, well, less than they seemed. Colorado-based Solid Power, founded in 2012, is one of several companies working to develop so-called solid-state batteries, which omit the liquid electrolyte used in the lithium-ion batteries that power most electric vehicles today.
Soccer great Cristiano Ronaldo sends a jolt to Coke's investors.
In this article, we discuss the 10 best dividend stocks to buy according to billionaire Richard Chilton. If you want to skip our detailed analysis of Chilton’s history and hedge fund performance, go directly to the 5 Best Dividend Stocks to Buy Now According to billionaire Richard Chilton. Note that all hedge fund data is […]
It seems Bill Gates has conflict on the brain. “Whatever the reason, most of the books on my summer reading list this year touch on what happens when people come into conflict with the world around them,” the Microsoft founder wrote in a blog post on Monday, where he revealed his summer 2021 reading list. Gates says that he has been drawn to works analyzing the “complicated relationship between humanity and nature,” which he suggests could be driven by how the coronavirus has upset lives and livelihoods over the past year, as well as his own push to prevent a climate disaster.
In this article we will take a look at the 10 best steel stocks to buy amid upcoming infrastructure, construction boom. You can skip our detailed analysis of these companies, and go directly to the 5 Best Steel Stocks to Buy Amid Upcoming Infrastructure, Construction Boom. Steel prices are soaring amid a rising demand as […]
Biopharmaceutical company Sage Therapeutics, Inc. (SAGE) and Biogen Inc. (BIIB), a pioneer in neuroscience, together announced positive results for the Zuranolone drug, which is being evaluated for the treatment of Major Depressive Disorder (MDD). However, Shares of SAGE plunged 19.3% to close at $58.80 on June 15, as the findings of the WATERFALL study fell short of investors’ expectations. Sage is a clinical-stage biopharmaceutical company engaged in the development and commercialization of no
(NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") announced today that it has submitted a proposal (the "Proposal") to the board of directors of EXFO Inc. (TSX: EXF) (NASDAQ: EXFO) ("EXFO") to acquire all of the outstanding subordinate voting shares and multiple voting shares of EXFO at a price of US$7.50 (C$9.14 at yesterday's exchange rate) in cash per share. The Proposal values EXFO at approximately US$430 million (C$524 million at yesterday's exchange rate) on an undiluted basis, and represents
Stocks have tallied historic gains under Biden since Election Day thanks to massive stimulus and a booming economy. Here’s what could happen next.
Rolls-Royce Holdings plc ( LON:RR. ) is possibly approaching a major achievement in its business, so we would like to...
(HTZGQ) shares have been rallying amid investor enthusiasm for the rental-car company ahead of its planned emergence from bankruptcy on June 30. Investors appear to be attracted to Hertz because of strong rental-car pricing, a discounted valuation relative to rival (CAR) (ticker: CAR), and expectations that the company will have greater financial and operational flexibility once it exits bankruptcy. Hertz shares (HTZGQ) rose 23 cents, or 3%, to $7.91 on Tuesday after hitting a new 52-week high of $8.89.