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Plus, best-selling author Daniel Kahneman shares insights from his new book, "Noise: A Flaw in Human Judgment."
Shares of Novavax (NASDAQ: NVAX) were sliding 6.7% lower as of 11:14 a.m. EDT on Tuesday. The decline came after the Australian newspaper The Guardian reported major delays with Australia's supply deal for Novavax's COVID-19 vaccine, NVX-CoV2373. Novavax signed an agreement in January 2021 to supply 51 million doses of its COVID vaccine to Australia.
(Bloomberg) -- Another double-digit share price rally could be in store for Cassava Sciences Inc. over the next month, as the biotech vies with retail trading favorites AMC Entertainment Holdings Inc. and GameStop Corp. to be the year’s top performing stock in the Russell 3000.In the run-up to the big reveal from a mid-stage study, the 23-year old drug developer has sprinted about 1,600% so far this year. On July 29, Cassava is expected to present safety and cognition data from about 50 people w
Shares of Chinese electric-vehicle (EV) maker Nio (NYSE: NIO) are about 30% below January 2021 highs. Nio ES8 electric SUVs being loaded for transit to Norway. Nio has been quickly growing sales of its EVs.
Shares of Activision Blizzard (NASDAQ: ATVI) were tumbling 7.7% in midday trading Tuesday as allegations of a hostile work environment embroil the video game company. Work on updates to the massively popular World of Warcraft franchise was also reportedly put on hold as the company responds to a lawsuit over the charges of misconduct. Activision was sued by the California Department of Fair Employment and Housing over a reported "pervasive frat boy workplace culture" that led to charges of harassment and unequal pay.
Cowen Analyst, Krish Sankar, joins Yahoo Finance to discuss what to expect from Apple ahead of the company reporting earnings and the possible effect the release of a new iPhone can have on its stock moving forward.
Myles Udland, Brian Sozzi, and Julie Hyman discuss analyst expectations for Alphabet, Microsoft, and Apple as the market waits in anticipation for these tech earnings.
As talk of potential legislation to legalize cannabis in the U.S. continues, stocks of many Canadian growers have been volatile. In just the past month, shares of Tilray (NASDAQ: TLRY), Sundial Growers (NASDAQ: SNDL), and OrganiGram Holdings (NASDAQ: OGI) are down 30%, 20%, and 18%, respectively. Tilray CEO Irwin Simon did give an interview yesterday in which he discussed the future of the company and explained its position in preparation for potential U.S. legalization.
The semiconductor company reported disappointing preliminary results but is preparing to invest in manufacturing capacity.
BABA broke below $200 in early July so I will assume traders booked a loss at that point in time. In the updated daily bar chart of BABA, below, we can see that the decline in the stock was orderly until recently. The On-Balance-Volume (OBV) line is pointed down again and close to the May low and perhaps a new low.
What happened Shares of AMC Entertainment (NYSE: AMC) were down 5.4% in midday trading Tuesday on no company-specific news, though the Dow Jones Industrial Average had fallen more than 150 points as China's markets continue to tumble.
Sea Limited (NYSE: SE) and Coupang (NYSE: CPNG) are two of the fastest growing e-commerce companies in Asia. Sea owns Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, while Coupang owns the largest online marketplace in South Korea. The market has been much kinder to Sea than Coupang.
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
Shares of Tesla (NASDAQ: TSLA) fell sharply on Tuesday, declining nearly 4% as of 11:40 a.m. EDT. The growth stock's decline follows the electric-car maker's second-quarter report, which was released after the bell on Monday. Tesla shares are likely trading lower primarily because of a bearish day in the overall market.
Brian Sozzi, Julie Hyman, and Myles Udland break down Tuesday’s early market movers, which include: Tesla reporting strong earning that produced its first $1 billion quarterly profit, UPS beating on estimates as the delivery momentum continues to surge, and GE boosting its forecast for free cash flow amid an earnings beat.
Chinese stocks are sinking on regulatory crackdown. Yahoo Finance’s Akiko Fujita and Zack Guzman discuss.
Sales for these companies are expected to increase between 270% and 1,100% over the next four or five years.
Image-based social media app maker Pinterest (NYSE: PINS) experienced a surge in new customers and increasing engagement from existing customers at the onset of the pandemic. As economies are reopening, advertisers are ramping up spending again, and Pinterest expects to reap the rewards. Management guided investors to look for robust revenue growth from the social media app.
Penny stocks are a study in contrasts. They’re equities whose share price stands below $5, and that low price opens up a wide field of possibilities. Chief among these are the ultra-low cost of entry, combined with triple-digit upside potentials. These are stocks that truly can jump sky-high when conditions are right. But penny investors had better be risk tolerant, because these stocks also offer a range of possible downsides. First, there’s that ultra-low cost of entry; it raises the question,
QuantumScape will report second-quarter results late Tuesday after Volkswagen poured more money into the solid-state EV battery startup. QS stock fell. As a development-stage company, QuantumScape may not have any sales worth speaking of for years.
Lucid Motors CEO Peter Rawlinson on today's big market debut, and what's next the EV maker.