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Management has good reasons to upgrade its 2021 growth outlook after releasing its second-quarter results.
What happened The stock market was having a mildly strong day. As of 1 p.m. EDT, all three major averages were higher by 0.3% or less. However, high-momentum fintech Upstart (NASDAQ: UPST) was another story altogether.
Stop losing money on mediocre businesses.
ARK Invest keeps adding to some of CEO Cathie Wood's bigger holdings even as the market took a hit on Monday.
(Bloomberg) -- Nouriel Roubini -- renowned for foreseeing the mortgage collapse that helped produce the 2008 financial crisis -- said the post-pandemic world seems to be heading toward a repeat. “My concern is that we are in a debt trap,” Roubini, chairman and chief executive officer of Roubini Macro Associates, said in an exclusive interview on Bloomberg TV at the Greenwich Economic Forum in Connecticut. “When central banks are going to want to essentially phase out unconventional monetary poli
What happened Shares of online gambling stock DraftKings (NASDAQ: DKNG) fell as much as 8.2% in trading on Tuesday after reportedly making an offer to acquire global competitor Entain (LSE: ENT). Entain's shares jumped over 20% on the report, but investors didn't like the move from DraftKings quite as much.
In one year, GameStop stock has risen 2,280%. Biotech company Ocugen's stock has risen 2,140% in a year. In addition to broader trends, it is equally important to look at the company-specific factors that could keep the company ahead of its competition.
Cassava Sciences could hold the holy grail in Alzheimer's treatment. But once-highflying SAVA stock has plummeted this year.
A large portion of that market actually revolves around algorithms and software platforms that help companies make data-driven decisions, automate repetitive tasks, streamline their operations, and cut costs. Nvidia (NASDAQ: NVDA) is the world's top producer of discrete GPUs. Nvidia's discrete GPUs are usually associated with high-end PC gaming, but it also sells high-end GPUs for data centers that process AI and machine learning tasks more efficiently than stand-alone CPUs.
In this article, we will take a look at the 10 cheap semiconductor stocks to buy now. You can skip our detailed analysis of the semiconductor industry’s outlook for 2021 and some of the major growth catalysts for semiconductor stocks and go directly to the 5 Cheap Semiconductor Stocks to Buy Now. Semiconductors form the […]
How do your retirement savings compare to savings by other people in your age group? Are you keeping up with the proverbial Jones?
Shares of Alibaba have fallen over the past year. Here are a few risks to consider before buying the stock.
If you buy high-quality companies and hang onto them for long periods of time, your chances of growing your initial investment by leaps and bounds goes up significantly. What's more, Novavax's vaccine development platform should allow it to quickly tackle new variants and develop potential combination treatments in the future.
In this article, we discuss the 10 best diversified stocks to invest in. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Diversified Stocks to Invest In. Big corporations have been eagerly diversifying their portfolios over the past few years in order to shield themselves from the […]
Dan Howley joins Brian Sozzi, Julie Hyman, and Emily McCormick to break down the SEC's investigation into Activision Blizzard's workplace environment after the company suffered allegations of sexual misconduct and workplace discrimination.
Democrats are in the middle of a major effort to raise taxes on the wealthiest Americans to help offset the cost of their proposed expansion of the social safety net. “How is it possible for millionaires and billionaires that can pay a lower rate of tax than teachers, firefighters, or law enforcement officers?” President Joe Biden asked during remarks on the economy delivered at the White House last week. “Big corporations and the super wealthy have to start paying their fair share of taxes. It’
India-based Bharat Biotech has completed the Phase 2 and 3 trials of COVID-19 vaccine, Covaxin, for use in 2 to 18 years. Ocugen Inc (NASDAQ: OCGN) is the U.S. partner for the vaccine. The Company said that data analysis from 1,000 volunteers is ongoing. It will submit the data by next week to the Drugs Controller General of India (DCGI), the regulatory authority of India. Ella also said the Phase 2 trials of the Company's COVID-19 intranasal vaccine are expected to be over by next month. As per
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
Xu Jiayin, the chairman of troubled China Evergrande was overheard trying to rally his employees, but it didn't go well.
Shares of AMC Entertainment Holdings (NYSE: AMC) continued to fall in morning trading Tuesday despite much of the rest of the market largely rebounding from yesterday's rout. Although there was no news specific to the theater operator to account for its 4% decline at noon EDT, retail investors may be showing the weakness inherent in its business. AMC's so-called apes, the retail investors who have rallied around the theater operator's stock believing they are on a mission to defeat short-sellers, have largely held strong, though the company's shares have slid 22% over the past week.
In recent weeks, we’ve seen markets pull back after a prolonged upward trend. The reasons are varied, and include rising inflation, a weak jobs market, and the spread of the COVID Delta variant. At the same time, despite the increasing number of cases in this COVID wave, we’re not seeing a jump to lockdown policies – and while cases are up, severe cases are not. As the danger of COVID starts to ebb, economies are starting to rev up again. JPMorgan’s global equity strategist Dubravko Lakos-Bujas