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Sutro stock collapsed Thursday — and was among the biggest biotech stock dives — after its ovarian cancer study disappointed investors.
High-quality items seldom go on sale. Grab them when they do.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
Keeping up the returns would be a neat trick in today’s market, as the main indexes are all steeply down for the year so far – with losses of 15% on the S&P 500 and 24% on the NASDAQ. For investors, then, the best strategy may just be to follow a winner. Billionaire investing legend George Soros is most definitely a winner. He’s built a portfolio worth billions, and had possibly the greatest bull run in hedge fund history, averaging 30% annualized returns for 30 years. Starting in 1992, when he
Investors instead looked at the massive declines in stocks over the first four months of 2022 and concluded that even with some reasons for worry, the downturn had been too fast. Both Upstart Holdings (NASDAQ: UPST) and Global-e Online (NASDAQ: GLBE) were up quite strongly on the day, and shareholders seem to be having a change of heart after having been extremely negative on the high-growth companies ' prospects recently. Shares of Upstart Holdings jumped 23% on Tuesday.
Cryptocurrency prices undermined by fears of recession. Tokens, which are supposed to reduce volatility, are collapsing.
In just two days, Chinese electric vehicle manufacturer Nio (NYSE: NIO) is scheduled to report its first-quarter earnings-- at least, according to Nasdaq.com, it is. The company hasn't officially announced its release date yet, and other financial data providers point out that, seeing as Nio reported its Q1 earnings on May 28 in two of the past three years, it's more likely to report closer to that date this year as well. Is there a good reason to buy Nio stock ahead of earnings?
Inflation remains white-hot. These stocks can help ease the pain.
(Bloomberg) -- Investors who bet against ETFs tracking Russian assets in the build up to the Ukraine invasion made the right call -- and they’ve been paying the price ever since.Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionOmicron Is Turning Out to Be a Weak VaccineElon Musk Says Twitter Must Prove Bot Claims for $44 Billion Deal to ProceedMicrosoft Will Boost Pay and Stock Compensation
(Bloomberg) -- Walmart Inc. tumbled the most in almost 35 years after cutting its full-year profit forecast due to inflationary pressures, especially in food and fuel.Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneWalmart Flashes a Warning Sign to the Entire Consumer EconomyElon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt BurdenUS Set to Block Russian Debt Payments, Raising Default OddsElon Musk Does Not Care About Spam BotsThe worsening outlook
In this article, we discuss 10 best stocks to consider for retirement. If you want to see more dividend stocks in this selection, click Living Off Dividends in Retirement: 5 Best Stocks To Consider. The average age of retirement in the United States is 62, and American retirees represent a significant proportion of the adult […]
(Bloomberg) -- Jamie Dimon was handed a rare defeat from shareholders as they rejected a pay proposal, just months after the board unfurled lucrative incentives for the JPMorgan Chase & Co. chief to stay on for a number of years.Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneWalmart Flashes a Warning Sign to the Entire Consumer EconomyElon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt BurdenUS Set to Block Russian Debt Payments, Raising Default Odd
U.S. stock futures opened higher Tuesday afternoon after rallying during the regular trading day, as investors took in reassurances from Federal Reserve Chair Jerome Powell that the central bank was set on using its policies to bring down inflation still running at multi-decade highs.
The Wall Street Journal reported that the crash of China Eastern flight 5375 was likely due to an intentional nosedive.
Ray Dalio's Bridgewater Associates, the world's largest hedge fund, has parted ways with its stake in Tesla and placed new bets on meme-stocks AMC and GameStop during the first quarter.
Down Thursday, up Friday, down Monday -- seesawing semiconductor stock Nvidia (NASDAQ: NVDA) played true to form on Tuesday, rising once again, and this time by a pretty significant number, closing the day up 5.3%. Tuesday did start off well for Nvidia stock, with investment bank Piper Sandler saying it is "moving to a more positive stance" on semiconductor stocks in general, after making some pessimistic comments about the sector two weeks ago. On the one hand, rumblings of weakness in PC sales and worries over whether GPU demand can hold up in the context of a crypto sell-off, combined with more general concerns about rising interest rates and inflation, have investors feeling nervous about semiconductor growth estimates.
The FDA has signed off Sorrento Therapeutics Inc's (NASDAQ: SRNE) investigational new drug application (IND) for Abivertinib (Fujovee) for Phase 2 MAVERICK study in metastatic castrate-resistant prostate cancer (mCRPC). The MAVERICK study will be conducted in a partnership with the Prostate Cancer Clinical Trials Consortium and will enroll participants with both abiraterone-naïve and abiraterone-progressing mCRPC. The MAVERICK trial will be conducted as an open-label study of Abivertinib with ab
The California-based electric vehicle maker said earlier this year that it planned to more than triple the size of its Arizona factory.
Energy Transfer (NYSE: ET) has a long history of developing infrastructure projects to support growing energy demand. The company has built thousands of miles of pipelines, multiple oil and gas processing facilities, and several storage and export terminals over the years. The master limited partnership (MLP) currently expects to invest upwards of $2.1 billion this year in expanding its energy infrastructure network.
In this article, we discuss Warren Buffett’s 8 new stock picks in 2022. If you want to read about some more Buffett stock picks, go directly to ‘Greedy When Others are Fearful’: Warren Buffett’s 4 New Stock Picks in 2022. There are few value investors who have accumulated as much fame as Warren Buffett of […]
Some analysts think Tesla CEO Elon Musk is just looking for a scapegoat to walk away from the $44 billion Twitter deal or negotiate a lower price.
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