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MAC earnings call for the period ending June 30, 2021.
Shares of Digital World Acquisition Corp (DWAC), the special purpose acquisition company which will merge with former President Trump's social media company soared 180% on Thursday. Trading was briefly halted for volatility as retail investors piled on the stock.
Yahoo Finance's Dan Howley breaks down the numbers to know from IBM's Q3 earnings report.
Today's gains probably shouldn't be too surprising, however, coming as they do on the back of positive comments from the CEO of MJBiz, a cannabis industry news site, yesterday evening. Speaking at MJBizCon 2021 in Las Vegas, company CEO Chris Walsh predicted that whatever happens in Congress, 2022 will see at least four more states flip to recreational marijuana legalization -- and perhaps as many as seven. Additionally, Walsh points out that Idaho and Nebraska are in line to legalize marijuana for medicinal purposes.
Nvidia (NASDAQ: NVDA) stock popped 2% as of 12:15 p.m. EDT, after the maker of semiconductors for video games and other uses announced its next-generation cloud gaming platform, GeForce RTX 3080-class gaming on GeForce NOW. Didn't Nvidia actually announce the latest development on GeForce NOW last month? For that matter, didn't it announce the opening of the cloud gaming platform early last year?
Ygal Arounian, Wedbush Securities VP of Equity Research, discusses recent reports that PayPal is in late talks to acquire Pinterest in a $45B deal.
After falling yesterday, shares of Plug Power (NASDAQ: PLUG) are roaring back today as the pessimism that plagued the fuel cell specialist's stock on Wednesday seems to be waning. The catalyst for today's movement appears to be news that the company is progressing in its plans to develop a green hydrogen production facility in its home state of New York. As of 10:25 a.m. EDT on Thursday, shares of Plug Power were up 5.7%.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) and its joint venture partner NAMCOR (the state oil company of Namibia) announce the completion of the first seismic acquisition program ever conducted in the Kavango Basin, in northeast Namibia.
Former U.S. President Donald Trump's plan to create a new social media app after Twitter Inc and Facebook Inc barred him from their platforms this year won an endorsement from investors on Thursday who sent shares in a shell company backing the effort soaring. Trump Media and Technology Group and Digital World Acquisition Corp, a Special Purpose Acquisition Vehicle, said on Wednesday they would merge to create a new social media app called TRUTH Social. Trump's company said it plans a beta launch next month and a full roll-out in the first quarter of 2022.
Digital World Acquisition Corp. jumped 44%, and its A-class shares gained 30%, after announcing a plan to merge with Trump Media Technology Group, which aims to launch a social-media platform backed by former President Donald Trump. The transaction values the Trump media group at an enterprise value of $875 million, the company said. What's called Truth Social is aiming for a beta launch in November, and Trump Media Technology also is planning to launch "non-woke" entertainment programming, news
Plug Power (NASDAQ: PLUG) stock is 57% off its high price of more than $73 this year. Let's take a closer look at Plug Power's recent performance and its growth prospects. Plug Power has a long history of incurring losses.
Of all the companies that could make a bid for Pinterest (NYSE: PINS), Paypal (NASDAQ: PYPL) was one of the least likely. While the offer represents a 26% premium over Pinterest's closing price on Tuesday before the news broke, the stock was trading near a 52-week-low at the time, and $70 a share would still be 22% below its peak in February.
(Bloomberg) -- Hedge funds including D.E. Shaw and Saba Capital Management own stakes in a special purpose acquisition company that surged Thursday after former President Donald Trump announced plans to create his own publicly traded media firm through a reverse merger.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureBeef Industry Tr
Ocugen's share price has skyrocketed roughly seven times more than Novavax's has. Does that make Ocugen the smarter vaccine stock to buy right now? Here are seven reasons why Novavax stock is a no-brainer pick over Ocugen.
Just because a company's stock is getting heavy attention in internet chatrooms doesn't mean its actual business can't also have potential.
Shares of AT&T Inc (NYSE: T) are trading slightly higher—although volatile— following better-than-expected third-quarter financial results. What Happened: AT&T reported quarterly adjusted earnings of 87 cents per share, which beat the estimate of 78 cents per share. The company reported quarterly revenue of $39.92 billion, which beat the estimate of $39.14 billion. Related Link: AT&T Shares Gain After Q3 Earnings, HBO Strength, Robust Full Year Outlook Cramer's Take: 'I'm willing to say this is
Bank of America (BAC) has revealed that it plans to renew its $25 billion share buyback plan, which was announced in April 2021. In the six months period, the banking giant said to have repurchased stocks worth about $14 billion. The current renewed authorization replaces the prior program. The repurchases may be made through open market transactions or privately negotiated deals. (See Bank of America stock charts on TipRanks) The timing and amount of repurchases will depend on the company’s cap
(Bloomberg) -- Former President Donald Trump on Wednesday announced a deal that would enable him to regain a social media presence after he was kicked off Twitter Inc. and Facebook Inc. platforms. Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyBeef Industry Tries to Erase Its Emissions With Fuzzy Methane MathGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightForget Palm Springs—Santa Fe Is the Ne
With yields ranging from 4% to 10.3%, this trio is perfectly positioned to help income investors navigate volatility.
Welcome to the public markets, hot dog chain Portillo's.
The company reported a strong third quarter. But investors have been burned in the past, and the stock remains in transaction limbo.