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Roblox Corporation shows rising price performance, earning an upgrade to its IBD Relative Strength Rating
Following an unblinded, pre-planned interim analysis by the Independent Data Monitoring Committee (IDMC), Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) will stop enrollment in the Phase 3 RALLY study of TNX-102 SL (cyclobenzaprine HCl sublingual tablets) 5.6 mg for fibromyalgia. The IDMC recommended stopping the trial for futility as TNX-102 SL is unlikely to demonstrate a statistically significant improvement in overall change from baseline in pain (primary endpoint) compared to placebo. To
In this article, we discuss the 10 most-shorted stocks Reddit’s WallStreetBets is paying attention to. If you want to skip our detailed analysis of these stocks, go directly to the 5 Most-Shorted Stocks Reddit’s WallStreetBets Is Paying Attention To. Reddit forum WallStreetBets, with a user base of well over 10.7 million and growing, rose to […]
Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland discuss bitcoin’s recent surge.
The host city for Nio, Inc.'s (NYSE: NIO) annual gala event, where it customarily makes new product and services announcements, has been finalized. What Happened: Suzhou, a city located west of Shanghai, China's business capital, has been finalized to hold the fifth annual Nio Day, the CnEVPost reported. The choice of the host city marks the culmination of a multi-step process that includes the invitation of bids, shortlisting of cities based on preliminary surveys and voting of Nio users on the
Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland break down the market action for Chinese stocks amid the country’s crackdown on tutoring companies.
(Bloomberg) -- A selloff in Chinese private education companies sent shockwaves through the equity market Monday, as investors scrambled to price in the growing risks from an intensifying crackdown by Beijing on some of the nation’s industries.Stocks slumped on the mainland and in Hong Kong, with the benchmark CSI 300 Index dropping 3.2% and the Hang Seng Index tumbling 4.1%, the most since May last year. Steep losses in education stocks in the wake of a sweeping overhaul spilled over into other
(Reuters) -Australia's Lynas Rare Earths Ltd posted record quarterly revenue on Monday on the back of "very strong" demand for its range of specialized metals that offset softer prices, sending its shares to a more than eight-year high. Lynas, the largest rare earths producer outside China, reported a jump in fourth-quarter revenue to A$185.9 million ($137 million), more than triple A$38 million a year earlier, pushing the stock up 9% to A$7.01, its highest since January 2013. Demand for rare earth materials such as neodymium and praseodymium (NdPr) has rebounded from a pandemic-driven drop last year as electric vehicles continue to gain popularity amid a global push to reduce carbon emissions.
When we think of the Pfizer (NYSE: PFE) coronavirus vaccine, we think of strong performance. The company wowed the global health community when it reported overall efficacy of more than 90% in six-month follow up of its phase 3 clinical trial. Pfizer has fully vaccinated more than 86 million Americans and is the leading vaccine provider in other countries too -- such as Israel.
Our call of the day comes as investors wait for electric-vehicle giant Tesla to report later. Wall Street doesn't get it, says ARK's Cathie Wood.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Lucid Motors rose in Monday's debut with the luxury electric-vehicle startup becoming one of the biggest new EV stocks.
Many technology stocks were big winners in 2020, but when the new year began investors seemed to lose a bit of their enthusiasm for the sector. Perhaps investors thought that tech stocks were flying too high or that other sectors could grow faster as the economy opened back up. Whatever the case, some fantastic technology stocks are currently on sale and savvy investors would be wise to head straight to the bargain bin.
The number of people hospitalized in Florida has risen to the highest since late February, propelled by the spread of the Delta variant, large numbers of unvaccinated, few preventive measures and more indoor time to escape the heat.
There's also something else that I'm convinced about: Buying certain dividend stocks when the market crashes is a smart idea. You can lock in fantastic yields when you invest in the right dividend stocks that are trading at low prices. What are the best stocks to scoop up during a major market meltdown?
You'd think that stocks that are Dividend Aristocrats -- members of the S&P 500 with at least 25 consecutive years of dividend increases -- would by default have really attractive dividends. You don't even need a lot of upfront money to invest in these promising dividend stocks. Here are the three smartest Dividend Aristocrats to buy with $500 right now, in my opinion.
Advocates say benefits haven't kept up with inflation — and that probably won't change.
(Bloomberg) -- Larry Chen, the former school teacher who became one of the world’s richest people, has lost his billionaire status as China cracks down on its private education sector.Chen, the founder, chairman and chief executive officer of Gaotu Techedu Inc., is now worth $235 million, according to the Bloomberg Billionaires Index, after shares in his online-tutoring firm have plunged about 70% in New York trading since Friday following reports of the regulatory overhaul.On Saturday, China re
(Bloomberg) -- China announced a broad set of reforms for private education companies, seeking to decrease workloads for students and overhaul a sector it says has been “hijacked by capital.”The new regulations, released over the weekend, ban companies that teach school curriculums from making profits, raising capital or going public. They can no longer offer tutoring related to the school syllabus on weekends or during vacations. They also can’t give online or academic classes to children under
In this article, we discuss the 15 best Warren Buffett stocks to buy now. If you want to skip our detailed analysis of Buffett’s history, investment philosophy, and performance, go directly to the 5 Best Warren Buffett Stocks to Buy Now. Warren Buffett, the CEO of Berkshire Hathaway and the Oracle of Omaha is one […]
The private equity firm is putting all employees on vacation, people familiar with the matter said. It's an unusual move intended to recognize employees and avoid burnout from the physical and mental pressure of the COVID-19 pandemic and the frenetic pace of dealmaking. Aquiline has more than $6 billion in assets and over 60 employees in its New York headquarters and London office.