Dallas Fed President Rob Kaplan and St. Louis Fed President James Bullard say they believe inflation will be higher than the Fed's 2% target next year.
Shares of General Electric traded higher on Monday as the industrial giant’s 1-for-8 reverse stock split became effective.
Shares of Vaxart (Nasdaq: VXRT) rose on Monday after the biotech said the U.S. Food and Drug Administration (FDA) had cleared its Investigational New Drug (IND) application for its oral coronavirus vaccine. As of 2:20 p.m. EDT, Vaxart's stock price was up more than 12%. Vaxart's S-only vaccine construct produced higher serum antibodies than its other vaccine candidate, which expresses both S and N proteins, in a non-human primate study.
For years, Amazon (NASDAQ: AMZN) has felt like a must-own stock. Amazon stock is fallible, it turns out. The tech giant reported revenue growth of 27% to $113.1 billion, missing the analyst consensus at $115.1 billion.
In this article, we discuss the 10 best high short interest stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best High Short Interest Stocks to Buy Now. Stocks with high short interest have dominated the headlines in the finance world for a good […]
A second-quarter earnings report reminded investors how difficult it is for independent companies to launch new cancer drugs.
Shares of Nvidia (Nasdaq: NVDA) stock inched up a respectable 2% as of 2:15 p.m. EDT Monday after the graphics, crypto-mining, and artificial intelligence semiconductor manufacturer announced an advance in the latter part of its business this morning. As Nvidia revealed, it is setting up a "hosted AI development hub" called the "NVIDIA Base Command Platform" to offer its customers "instant access to powerful computing infrastructure wherever their data resides." NVIDIA Base Command Platform went live in May for "early access" customers, but it is now available for anyone who wants to lease access to the company's "NVIDIA DGX SuperPOD supercomputers" month to month to accelerate their own efforts at developing and testing AI algorithms.
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
On Monday morning, shares of XPO Logistics (NYSE: XPO) opened down more than 40%, but there is no bad news to report. The split became official on Monday, with GXO Logistics (NYSE: GXO), the supply chain business, trading for the first time on its own. GXO has a lot of exposure to fast-growing sectors including e-commerce, while XPO is one of the top less-than-truckload trucking operators with a large freight brokerage operation.
You might think that any stock handpicked by Warren Buffett and his top investment managers would be held in high regard by most investors. Several stocks in Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio are either beaten down, have bargain valuations, or both. Here are three underrated Buffett stocks that are smart buys right now.
Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.
State governments in the country have had to ration Covid-19 vaccines doses and shut down free vaccination centres, while private centres, where Indians can pay to get the vaccine, have plenty of shots available.
These top-tier growth, value, and income stocks can build investor wealth, even with the market near an all-time high.
Immunovant (NASDAQ: IMVT), a company developing a monoclonal antibody for the treatment of autoimmune diseases, is down almost 25% after receiving a cash injection of $200 million from Roivant Sciences. Prior to today's announcement, Roivant owned 57% of Immunovant because it was spun out of Roivant in 2019 through a special purpose acquisition company (SPAC). In March, Roivant said it would reacquire the 43% of Immunovant it didn't own.
A surge in COVID-19 cases across the U.S. also has many investors on edge, renewing worries around a stalled economic recovery. There is good reason investors have been down on Nikola, a maker of electric and hydrogen fuel cell trucks.
President Biden's job approval bounced back to a level President Obama never regained after his first few months in office.
In this article, we discuss the 10 best stocks to buy right now. If you want to skip our detailed analysis of these stocks, go directly to What are the 5 Best Stocks to Buy Right Now? Merely a day after the United States Department of Commerce released growth numbers that indicated that the US […]
GE's turnaround is gaining traction as key businesses improve while the industrial giant continues to shrink its debt load.
Every investor in Novavax, Inc. ( NASDAQ:NVAX ) should be aware of the most powerful shareholder groups. Insiders often...
Baillie Gifford, a large-scale investment management firm in the UK, published its “Long Term Global Growth Fund” second quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly return of 13.59% was recorded by the fund for the second quarter of 2021, compared to the 7.53% return of its MSCI […]
Roku had a total of 53.6 million active accounts at the end of Q1 2021, and is targeting double-digit growth with their operating system and hardware. Roku might benefit from the confusion of streaming platforms and the users that want to switch to an ad-based streaming model while the streaming wars stabilize and each platform develops content for a specific consumer.