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Privia Health shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
Shares of Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) dropped 4% as of 10 a.m. EDT Monday, and given the headlines coming out of China last week regarding how the government is cracking down on tech companies left and right, this is not too surprising. As The Wall Street Journal reported over the weekend, the Chinese government is pressing tech giants Tencent Holdings (OTC: TCEHY) and Alibaba affiliate company Ant Group to help it develop a new "state-backed digital currency" -- i.e., a cryptocurrency -- to be dubbed the e-CNY (or electronic Chinese yuan). This is bad news for Alibaba because Ant operates the Alipay digital payments network already, and the emergence of a competing e-CNY brings "the risk of eroding the huge user base" that Alibaba and its affiliates have built up over the past decade.
Shares of Tonix Pharmaceuticals (NASDAQ: TNXP) were crashing 28.3% lower as of 10:24 a.m. EDT on Monday. The big decline came after Tonix announced on Friday following the market close that it is halting enrollment in a late-stage clinical study evaluating TNX-102 SL in treating fibromyalgia. Tonix made the decision to stop enrollment in its late-stage study of TNX-102 SL after the study's Independent Data Monitoring Committee (IDMC) completed an interim analysis.
It shows about the worst medium-term forecasts on record for pretty much all the assets most of us own in our retirement accounts. If they happen, they’ll mean your SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 Trust (VOO) and Schwab U.S. Small-Cap ETF (SCHA) lose about half their value, in inflation-adjusted terms, by 2028.
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 break down the market action for Chinese stocks amid the country’s crackdown on tutoring companies.
Amid deep uncertainty about its ability to compete, this semiconductor giant may have what it takes to justify its risk.
Lucid Motors rose in Monday's debut with the luxury electric-vehicle startup becoming one of the biggest new EV stocks.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
(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.
Hundreds of Chinese companies are listed on U.S. markets. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.
The British microchip company Arm is falling behind rivals and struggling to gain a foothold in crucial new markets, according to evidence gathered by Nvidia as the US tech titan seeks secure to support for a $40bn (£29bn) takeover. Research commissioned by Nvidia claims that Arm is “stuck in the mud” and would be unable to fund the major investments needed to compete against American rivals if the acquisition is blocked and it is forced into a Plan B of going public. The report, by chip industr
AMC Entertainment is likely to let investors down, but this stock could grow stronger as the economy reopens.
(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) -A U.S. federal judge has ruled that Lithium Americas Corp may conduct excavation work at its Thacker Pass lithium mine site in Nevada, denying a request from environmentalists who said the digging could harm sage grouse and other wildlife. The ruling marked a rare win for a U.S. critical minerals project as environmental groups increasingly pressure courts and regulators to block mining projects, even if they produce metals key to building electric vehicles. Chief Judge Miranda Du of the federal court in Reno, Nevada, said late on Friday that the digging - needed to determine whether the land holds historical import for Native Americans - may proceed while she determines the broader question of whether former President Donald Trump's administration erred when it approved the project in January.
Denali unveiled promising test results in Hunter syndrome, but DNLI stock tanked Monday on broader pipeline questions.
Biogen's (NASDAQ: BIIB) earnings report last week offered us a clear picture of why the biotech company is in need of a change. CEO Michel Vounatsos says the company is in the process of becoming not just an MS company -- but a full neuroscience company. Biogen recently reported positive data from a pivotal phase 3 trial investigating zuranolone for major depressive disorder (also known as clinical depression).
It looks like Citigroup Inc. ( NYSE:C ) is about to go ex-dividend in the next three days. Typically, the ex-dividend...
If you buy stakes in game-changing businesses, you have the opportunity to take a large sum of money and turn it into a life-altering amount of cash. Whereas real estate is traditionally a slow-growing, if not boring, sector, technology-driven real estate company Redfin (NASDAQ: RDFN) is showing Wall Street that it has the ability to completely change how properties are purchased, sold, and viewed. Traditional real estate companies charge up to a 3% commission/listing fee when a home is bought or sold.
These renewable energy stocks can provide a much lower risk profile than betting on a stock with a price-to-sales ratio of nearly 200.
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.