Johansson says Disney breached her contract by streaming "Black Widow" on the same day it was released in theaters.
On Sept. 28, Lucid Motors opened its doors to visitors for the first time to mark its official start of production. The company plans to make its first vehicle deliveries late next month.
The duration of the global semiconductor shortage just keeps getting shorter -- and with it, investor confidence in semiconductor stocks like Advanced Micro Devices (NASDAQ: AMD), which closed down 6.1% Tuesday. If you recall, market researcher International Data Corporation (IDC) predicted last week that the dearth of semiconductors, which has hamstrung markets for everything from PCs to automobiles over the past year, will begin easing later this year. Speaking at the Code Conference in Beverly Hills, California, reports CNBC, Su pointed to a number of new semiconductor manufacturing plants coming online over the next few months as evidence that, while supplies will remain "likely tight" through the first half of next year, the chip shortage may end sooner than some investors expect.
The Dow Jones Industrial Average tumbled as stocks sold off amid Treasury Secretary Janet Yellen's default risk warning and bond yields rose.
Shares of Camber Energy (NYSEMKT: CEI) jumped 18.4% on Tuesday, as investors on social media sites ramped up their bets on the power solutions company. Camber's majority-owned subsidiary, Viking Energy Group, owns interests in oil and gas fields in Texas, Louisiana, and Mississippi that collectively contain more than 145 active wells. Camber is also expanding into sustainable energy solutions to diversify its business and profit from the growth of alternative fuel sources.
This isn't shaping up to be a good week for the stocks of leading COVID-19 vaccine makers. Shares of Pfizer (NYSE: PFE) were down 1.6% at 11:27 a.m. BioNTech (NASDAQ: BNTX) stock had fallen 9.4%. Moderna's (NASDAQ: MRNA) shares were 6.2% lower.
Shares of Gogo (NASDAQ: GOGO) soared 37.6% on Tuesday after the provider of broadband connectivity services for the aviation market boosted its long-term financial forecast. The air travel industry is recovering from its coronavirus-related plunge -- and Gogo is poised to benefit. Gogo, in turn, is enjoying record equipment sales.
On Tuesday, Teva Pharmaceutical Industries (NYSE: TEVA) was one of the few large-cap stocks to rise in price on a terrible day for the stock market. Teva shares closed nearly 4% higher on some positive legal news for the company. Teva announced that its U.S. affiliate, the similarly named Teva Pharmaceuticals, has agreed to a legal settlement with the state of Louisiana to settle opioid-related claims.
(Bloomberg) -- Micron Technology Inc., the largest U.S. maker of memory chips, fell in late trading after slowing demand from personal-computer makers hurt its forecast.Sales will be about $7.65 billion in the period ending in November, Micron said Tuesday in a statement. That compares with an average analyst estimate of $8.57 billion, according to data compiled by Bloomberg. Excluding certain items, profit will be $2 to $2.10 a share, compared with a projection of $2.56.Most Read from Bloomberg
After a full year of market gains, markets are getting a bit nervous. Inflation is up, US job openings are exceeding the number of unemployed by record amount, and the pile-up of container ships on the West Coast is a continuing reminder that supply chains have not yet recovered from the pandemic disruptions. Taking the measure of current conditions, Jefferies’ global equity strategist Sean Darby lays out the worst case scenario: “…if breakeven inflation expectations were to fall, narrowing real
Electric-vehicle maker Lucid Group Inc. on Tuesday showed off the first cars rolling off its production line and said it will deliver them to customers starting late next month.
Markets are up this year – that’s no news, the gains have been substantial and sustained – but recent weeks have made investors nervous. The resurgence of COVID, rising inflation and stubbornly high unemployment have already made headlines, but new problems are coming up overseas. In China, for example, a developing debt crisis in the giant Evergrande Group threatens to upend that country’s lending system. So, after a full nine months of gains this year, the stock markets are looking at the real
Jim Breyer, founder and CEO of Breyer Capital, would be a buyer of mega cap tech on pullbacks because he expects most of the FAANG stocks to lead the way in terms of next generation technology, he said Tuesday on CNBC's "TechCheck." Breyer told CNBC he has been buying Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Microsoft Corp (NASDAQ: MSFT) and Apple Inc (NASDAQ: AAPL) over the last two years during pullbacks. "For the last two years, when the mega-cap tech stocks sold off significantly, I'm a
The move occurred as the broader market was declining, but the movie theater operator also got some potentially bad news recently.
The market rally suffered a damaging sell-off. Growth stocks are headed for their worst week since the coronavirus crash.
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
Shares of United Natural Foods (NYSE: UNFI) were soaring today after the organic and natural food wholesaler smashed earnings estimates in its fourth-quarter earnings report. United Natural Foods, which is the biggest supplier to Whole Foods and serves 30,000 other organic grocery stores and conventional supermarkets, said revenue fell 0.5% to $6.74 billion as the company faced difficult comparisons with the year-ago quarter when Americans were avoiding restaurants. New CEO Sandy Douglas said in a statement, "I see significant opportunity to accelerate the value we create with and for our customers as well as the opportunity to make our operations more effective and efficient, both leading to continued profitable growth within our estimated $140 billion addressable market."
ARK Invest added to two of her newer positions, and it added to a third stake of a stock that has shed nearly half of its peak value.
Stock futures opened flat to slightly higher Tuesday evening after a tech-led selloff during the regular trading day. Concerns over rising Treasury yields and sparring among Washington lawmakers over the debt ceiling and government funding weighed heavily on equities.
Oil and natural gas prices have climbed to the highest levels in years, but a few stocks are set to out perform as the commodities continue to rise
Is Novavax stock a sell as it falls alongside other Covid vaccine makers Moderna and BioNTech? Is NVAX stock a sell right now?