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CMA earnings call for the period ending September 30, 2021.
(Reuters) - Jack Dorsey on Monday stepped down as the chief executive officer of Twitter Inc, the social media firm he helped found in 2006 and steered through a high-profile hack and the controversial banning of former U.S. President Donald Trump.
Nathan Valencia died after he participated in his fraternity’s charity boxing event
Shares of Merck & Co. (NYSE: MRK) were trading 5.5% lower as of 12:46 p.m. ET on Monday. The decline came after Citi analyst Andrew Baum downgraded the stock from buy to neutral, and lowered his 12-month price target on it from $105 to $85. In this case, Baum's downgrade decision was driven by a pair of significant disappointments that Merck reported in recent weeks.
-- in which its stock shed 3.6%, shares of semiconductors star Nvidia (NASDAQ: NVDA) are bouncing back Monday morning, up 2.8% as of 11 a.m. ET. The reason: I suspect investors are shrugging off last week's bad coronavirus news and focusing on some good Nvidia news that got overlooked. Specifically, I mean the news that on Friday analysts at investment bank Bank of America doubled down on their buy rating on Nvidia stock.
Electric vehicle stocks are back to trading more on the progress in their business, and less on splashy IPO hype.
After sliding along with the rest of the stock market on Friday, shares of lithium mining stock Lithium Americas (NYSE: LAC) are rebounding in a big way on Monday -- up 13.6% as of 12:15 p.m. ET. You can thank the friendly analysts at National Bank Financial for that. No sooner had Lithium Americas finished its Friday slide than an analyst at the Canadian investment bank stepped in and reiterated an outperform recommendation on the stock.
Shares of Krystal were up 120% in Monday trading on the company's report of initial data from the pivotal trial of its Vyjuvek treatment.
Words have power -- as investors discovered to their dismay last week. News of the new omicron variant of COVID-19 shocked the stock market, sending shares of cruise line stocks Royal Caribbean (NYSE: RCL), Carnival (NYSE: CCL) (NYSE: CUK), and Norwegian Cruise Line Holdings (NYSE: NCLH) tumbling 10% and more in Friday trading.
The technology powering virtual reality (VR) experiences has significantly improved in recent years. This technology is powering real-world applications like virtual walkthroughs of buildings and products still on the drawing board, or collaborations with colleagues in a virtual meeting room. Facebook has made a big splash into this new "metaverse" by changing its name to Meta Platforms (NASDAQ: FB), but that's not the only way to play this trend as an investor.
Microsoft (NASDAQ: MSFT) recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. When Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. Microsoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.
Vertex Pharmaceuticals (NASDAQ: VRTX) has given more than one investor a headache over the past year. Investors worry that Vertex is struggling to expand beyond its core portfolio of cystic fibrosis (CF) treatments. Considering the time Vertex shares have spent in the doldrums, you may be getting a little impatient.
Bionano Genomics, BioCryst Pharmaceuticals, and NRx Pharmaceuticals all have the potential to make their early shareholders rich.
These stocks could still provide amazing returns for the next decade, despite their already-impressive growth.
Here’s some really good news: More Americans have a cool $1 million or more in their retirement accounts than ever before. The Boston-based investment giant says the number of 401(k) accounts with seven-figure balances swelled 84% in the 12 months ended June 30 to 412,000, while the number of seven-figure IRAs jumped more than 64% to 341,600.
Paysafe Limited ( NYSE:PSFE ) is possibly approaching a major achievement in its business, so we would like to shine...
Shares of biopharma company Vir Biotechnology (NASDAQ: VIR) are up 13.7% as of 11:57 a.m. ET on Monday in response to reports that a new strain of the COVID-19 virus has been identified. Indeed, headlines regarding the new omicron variant of the coronavirus began to surface before Thursday's Thanksgiving holiday. It just took a while for investors to connect the dots all the way back to Vir Biotechnology, which potentially benefits from a renewed outbreak of infections stemming from this new strain of the pandemic-causing virus.
Although it's been a dud of a performer in 2021, telehealth platform Teladoc Health (NYSE: TDOC) is a holding I fully expect to deliver 10X (or greater) returns by the time I'm ready to enjoy retirement. While some folks would opine that Teladoc was lucky to be in the right place at the right time when the pandemic struck, I'd contend that they're not looking at the bigger picture. For instance, in the six years leading up to the pandemic, Teladoc's average annual sales grew by 74%.
In this daily bar chart of CRWD, below, we can see that prices have declined this month to break below the cresting 200-day moving average line. The On-Balance-Volume (OBV) line has been weak the past three months as sellers of CRWD have been more aggressive. In this weekly Japanese candlestick chart of CRWD, below, we see a mixed picture.
(Reuters) -Three U.S. House Democrats on Monday asked the head of the Federal Aviation Administration (FAA) to provide more details of the agency's oversight of Boeing's 737 MAX and questioned whether the planemaker had been held fully accountable. The lawmakers, including House Transportation and Infrastructure chairman Peter DeFazio, asked FAA Administrator Steve Dickson in a letter Monday what the agency had done, if anything to hold Boeing employees responsible for various transgressions. The letter said these included Boeing's apparent violation of its approved 737 MAX type design, as well as evidence of an internal plan to downplay the significance of a key safety system called MCAS tied to both fatal crashes.
Capital gains taxes on real estate and property can be reduced when you sell your home, up to certain tax limits, if you meet the requirements.