The two-child policy has been such a stunning success that Beijing is moving to a three-child policy.
Shares of Moderna (NASDAQ: MRNA) jumped 8.4% to a record closing high of $419.05 on Wednesday, as investors bid up the biotech's stock price ahead of its upcoming earnings announcement. Moderna said on Tuesday that the U.S. Food and Drug Administration (FDA) granted Fast Track designation for its mRNA vaccine candidate against respiratory syncytial virus (RSV) in adults older than 60. The Fast Track designation will accelerate the FDA's review of Moderna's drug.
What happened Shares of BioNTech (NASDAQ: BNTX) had jumped 11.8% higher at 11:42 a.m. EDT on Wednesday. The gain came after The New York Times reported that the U.S. Food and Drug Administration will likely approve the Pfizer-BioNTech COVID-19 vaccine by early September.
Yahoo Finance's Jared Blikre joined Yahoo Finance Live to break down the key takeaways from Roku's recent earnings report.
Shares of Novavax (NASDAQ: NVAX) surged 18.7% on Wednesday after the biotechnology company struck a deal to supply as many as 200 million doses of its coronavirus vaccine candidate to the EU. Should Novavax's vaccine obtain regulatory approval, the European Commission (EC) will purchase up to 100 million doses. Novavax hopes to complete the rolling submission for its drug to the European Medicines Agency in the third quarter.
There’s an old saying in the markets that you should ‘sell in May and go away.’ It’s a reference to long-noticed trend of summertime swoons, when market trading slows, or even dips, especially in August. Recent statistical research by CFRA research has quantified the phenomenon. Since 1945, they say, August is the year’s third-worst month for returns on the S&P 500, on average. The trend is particularly marked in years when the index set record high levels in July. A report from LPL Financial ad
Brian Sozzi gives us his take on Weber Grills ahead of the company’s IPO debut in the NYSE and also breaks down the features that differentiate Weber from other grill companies.
Yahoo Finance's Ines Ferre joined Yahoo Finance Live to break down Etsy's latest earnings report.
In this article, we discuss the 10 stocks Reddit is piling into before earnings. If you want to skip our detailed analysis of these stocks, go directly to 5 Stocks Reddit is Piling Into Before Earnings. The stock market is on track to register a strong earnings quarter as more firms release their second quarter […]
Shares of BeyondSpring (NASDAQ: BYSI) soared on Wednesday after the pharmaceutical company released promising clinical trial results for its investigational lung cancer treatment. A phase 3 trial of BeyondSpring's plinabulin treatment in combination with chemotherapy medication docetaxel to treat second and third line non-small cell lung cancer (NSCLC) reached its primary endpoint of statistically significant improvement in overall survival versus docetaxel alone. The combination treatment study also met its secondary endpoints, including significantly improving overall response rate (the proportion of patients whose tumor is reduced by a drug), progression-free survival rate, and 24- and 36-month overall survival rates.
Shares of Zoom Video Communications (NASDAQ: ZM) were rising today on seemingly no company-related news. The maker of the popular video-calling app, Zoom, saw its share price jump today, likely because some investors are concerned that rising COVID-19 cases caused by the delta variant are bringing more restrictions. Zoom's app became the go-to service for communicating with friends, family, and colleagues during strict lockdowns and social distancing last year, and that helped drive up Zoom's share price in 2020.
Muddy Waters Capital Founder and CIO Carson Block joins Yahoo Finance Live to discuss the crackdown on U.S.-listed Chinese companies.
What happened Shares of eXp World Holdings (NASDAQ: EXPI) gained 36% in today's trading session, according to data from S&P Global Market Intelligence. The stock surged after the real estate company posted its second-quarter earnings results.
Shares of semiconductor manufacturer Nvidia (NASDAQ: NVDA) -- a supplier of chips for everything from playing video games to mining cryptocurrency to performing artificial intelligence tasks -- are posting a tidy 2.3% gain as of 2:25 p.m. EDT Wednesday. In a note out this morning, Rosenblatt raised its price target on Nvidia stock 25% to $250 -- that's incidentally about 25% above where the stock trades today. Rosenblatt cites Nvidia's earnings power on "best-in-class AI" and its opportunities in next generation networking and data processing as well as autonomous driving software, and apparently believes even the company's 94-times-earnings valuation currently is not too much to pay for Nvidia stock.
After a heady rally in the first half of 2021, Avis Budget Group (NASDAQ: CAR) stock suffered one of its worst declines so far this year on Wednesday, finishing the session down 16.6%. Avis Budget reported its best quarter in history on the evening of Aug. 3. From one of its worst-ever quarters this time last year to its best-ever quarter today, Avis Budget's turnaround is nothing short of remarkable.
Yahoo Finance’s Jared Blikre reports on the day's trending tickers.
Yahoo Finance’s Alexandra Canal to break down Rihanna’s path to becoming a billionaire and Jeff Bezos being dethroned as the world’s richest person.
General Motors (NYSE: GM) reported its second-quarter 2021 earnings today, and the stock is reacting strongly. Revenue of $34.2 billion handily beat expectations of about $31 billion, but earnings per share came in short of estimates, which is what investors appear to be focusing on today. As of 12:50 p.m. EDT, GM shares were down 8.4% following the report.
Shares of Alteryx (NYSE: AYX) were taking a dive today after the data analytics company once again offered up a disappointing earnings report. Alteryx beat estimates with its second-quarter earnings report.
Shares of solar energy stock SunPower (NASDAQ: SPWR) fell as much as 11.8% in trading on Wednesday after reporting second-quarter 2021 financial results. SunPower's revenue was up 41.9% in the quarter to $308.9 million, and net income from continuing operations jumped from $55.9 million to $75.2 million, or $0.40 per share.
Shares of Coursera (NYSE: COUR) stock rocketed to a 17.4% gain as of 12:07 p.m. EDT Wednesday despite the company having just reported Q2 2021 financial results that look "mixed" in the extreme. On the one hand, Coursera blew away analyst targets for Q2 revenue, producing $102.1 million where Wall Street had expected only $91.5 million. On the other hand, though, Coursera appears to have missed analyst predictions on profit entirely.