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Promising results for the company's lead Alzheimer's drug have made Cassava one of 2021's most exciting stocks.
You bring up an interesting dilemma some retirement savers may not think of, which is having your retirement assets locked away in investment portfolios intended to be used at an older age. Employer-sponsored retirement accounts, such as 401(k) plans, are a great tool for investing for retirement because they are tax-deferred, which means more money is growing until it’s time to withdraw. The first task is to double check on your company’s policy for the age 55 rule (for readers unfamiliar with this rule, it allows people age 55 or older who were separated from their jobs — either because they were fired or voluntarily left — to tap into the 401(k) from their current employer before the required age 59 ½).
Michael Burry issued the warning in a series of tweets that have since been deleted.
The multinational conglomerate General Electric Company (GE) announced the date for its 1-for-8 reverse stock split to be effective post-close of trading on July 30. The shares will start trading on a split-adjusted basis on August 2. Shares closed down 1.7% at $12.78 on June 18. Over the years, GE has gradually divested several businesses, including nearly all of GE Capital, without making any related alterations to reduce the share count. (See GE stock chart on TipRanks) Carolina Dybeck Happe,
(Bloomberg) -- For almost three decades, Michael Larson has quietly shuffled around one of the world’s biggest fortunes with a chief priority: Keep his fabulously wealthy bosses out of the headlines.The conservative bets, the nondescript office, the investment firm’s generic-sounding name; they were all carefully designed to shield Bill Gates and Melinda French Gates from criticism and produce steady, if seemingly unimpressive, returns.The couple’s divorce announcement last month cracked the cur
Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock […]
Morgan Stanley said 2021 was beginning to resemble 2004, a year which may offer clues for investors as to what will happen in the months ahead.
In this article, we will take a look at the 10 best alternative energy stocks to buy now. You can skip our comprehensive analysis of these companies, and go directly to the 5 Best Alternative Energy Stocks to Buy Now. The global alternative energy industry has steadily gained traction, with more people attempting to implement […]
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Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) plans to develop TNX-102 SL (cyclobenzaprine HCl sublingual tablets) for Long COVID Syndrome (Long COVID), which is now known officially as Post-Acute Sequelae of COVID-19 (PASC1). Tonix plans to meet the FDA in Q3 of 2021 to seek agreement on designing a potential Phase 2 study and the overall clinical development plan. TNX-102 SL is in the second Phase 3 trial (RALLY) for fibromyalgia. The interim analysis results are expected in Q3 of 2021, an
(Bloomberg) -- After a slew of news related to renewed crackdowns from China triggered a Bitcoin selloff, chartists and analysts are turning to a sinister-sounding technical signal.The original cryptocurrency has formed a death cross, meaning its average price over the last 50 days fell below that of its 200-day moving average. The indicator is typically seen as a closely-watched technical measure that could offer a hint at more pain to come.Many analysts had anticipated the coin, amid a recent
We’re in interesting times, there’s no doubt about that. The COVID crisis is receding, the economic reopening is proceeding apace – but there are inflationary worries. Many experts are concerned that further cost-of-living increases will result as consumer demand outstrips supply. On the other hand, the Federal Reserve believes it can curb an outbreak of inflation should it occur without throwing the recovery off track. Looking at economic conditions, Raymond James strategist Scott Brown noted,
(Bloomberg) -- Obscure oil company Torchlight Energy Resources Inc. saw its shares more than double in a week after it became the latest stock touted on Reddit as a possible short squeeze.The Plano, Texas-based company jumped as much as 74% to $10.88 a share on Monday before paring some gains, though it’s still up about 130% from a week ago. Torchlight, which has a market capitalization of about $1.2 billion, is the second-biggest gainer on the Nasdaq this year.In December, Torchlight announced
Bitcoin (BTC) heads up a huge liquidations pile-up as recorded on Bybt. At the time of press, the trading information platform recorded well over $1 billion liquidated in 24 hours across exchanges.
His administration just gave relief to borrowers who brought claims against their school.
(Reuters) -The U.S. Supreme Court on Monday allowed a U.S. Patent and Trademark Office tribunal that has gained a reputation for canceling patents to continue operating, but reined in the power of its in-house judges. The justices, in a 5-4 ruling authored by conservative Chief Justice John Roberts, upheld a 2019 lower court decision that the judges on the Patent Trial and Appeal Board were appointed in a way that violates a U.S. Constitution provision intended to ensure accountability for powerful government officials. The ruling indicates that the tribunal's current structure failed to provide for enough direct review of the patent judges - who have power to invalidate issued patents - by their superiors who are accountable to the U.S. president to satisfy constitutional requirements.
(TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported that 2021 production guidance for its Candelaria Copper Mining Complex ("Candelaria") in Chile is reduced to 150,000–155,000 t of copper and 85,000–90,000 oz of gold on a 100% basis.
The Bitcoin dominance rate (BTCD) has been increasing since May 19 and is approaching a crucial resistance line.
In this article, we will take a look at the 10 best data stocks to buy now based on the data of over 860 hedge funds tracked by Insider Monkey. You can skip our detailed analysis of the data industry and go directly to see the 5 Best Data Stocks to Buy Now. The data […]
The subscription economy has exploded in recent years to include everything from streaming services to tech solutions; could it now transform the auto industry?
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F filings […]