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This could be an exception to the prevailing wisdom that alcohol is never the answer to your problems.
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 […]
Investors will be laser-focused on Pinterest's monthly-active-user trends when it reports Q3 earnings.
Pinterest stock is jumping on a report that said PayPal was exploring a potential acquisition of the social media company. Paypal (ticker: PYPL) was looking to acquire Pinterest (ticker: PINS) at around $70 a share, which would value the social media site at roughly $39 billion, people familiar with the deal told Bloomberg. The terms could still change, and there is no certainty the talks will lead to an agreement, Bloomberg said.
Emily McCormick breaks down what the Street is expecting ahead of Tesla’s third-quarter results, which the electric automaker is set to report after the bell on Wednesday.
Yahoo Finance's Brian Sozzi, Brian Cheung and Julie Hyman break down how Novavax, Biogen, and Abbott Labs are faring in Wednesday’s market
Yahoo Finance’s Julie Hyman, Brian Sozzi, and Brian Cheung break down Netflix’s Q3 earnings report, and outlook for the streaming landscape.
Shares of Atea Pharmaceuticals (AVIR) plunged 66% on Tuesday to close at $13.82 after the clinical-stage biopharmaceutical company provided update and topline results of the Phase 2 MOONSONG trial. Notably, the trial was evaluating AT-527 in the outpatient setting. The global Phase 2 MOONSONG trial, a randomized, double-blind, multi-center, placebo-controlled trial, was evaluating the antiviral activity, safety and pharmacokinetics of AT-527 550 mg and 1,100 mg, which was administered twice dail
Chinese electric vehicle maker Nio Inc (NYSE: NIO) may introduce its electric sedan ET7’s electric drive system to all models, cnEVpost reported on Tuesday, citing a Chinese news publication. What Happened: The Shanghai-headquartered Nio may bring the second-generation electric motor to other models such as the ES8, ES6 and EC6, as per reports coming from China. The electric drive system has a combined system power of 480kW — 180kW at the front and 300kW at the rear — and a peak torque of 850 Nm
Inovio Pharmaceuticals, Inc. ( NASDAQ:INO ) is possibly approaching a major achievement in its business, so we would...
Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO joins the Yahoo Finance Live panel to discuss what to expect from Tesla's Q3 earnings.
What's really interesting about the stock market is there are always new companies trying new things. And sometimes the stocks of these companies come out of nowhere and blow the market averages away.
Moderna (NASDAQ: MRNA) stock might look a bit expensive these days. At the same time, some investors wonder whether Moderna may have reached peak sales of its coronavirus vaccine. Right now, it's too early to predict if and when coronavirus vaccine sales will slow.
Shares of Novavax (NASDAQ: NVAX) were tanking 12.8% lower as of 10:43 a.m. EDT on Wednesday. The steep decline came after Politico reprted that Novavax "faces significant hurdles in proving it can manufacture a shot that meets regulators' quality standards." Politico's anonymous sources reportedly stated that Novavax's "issues are more concerning than previously understood."
The next decade could be a lost one — unless you do this.
Shares of the global marketing and corporate communications company Omnicom Group, Inc. (OMC) slipped 3.2% in the extended trading session on October 19 after it delivered mixed third-quarter results. Despite registering solid revenue growth driven by increased client spending across all of its verticals, OMC’s revenue failed to meet expectations. Revenue jumped 7.1% year-over-year to $3.43 billion, missing the consensus estimate of $3.45 billion. On a positive note, OMC’s quarterly earnings of
After uproar over a proposal to have banks tell the Internal Revenue Service about their customers’ annual cash-flow information, the Biden administration and congressional Democrats unveiled a new, pared-down proposal on Tuesday. Now the question is whether this version of the proposed reporting requirement, which would kick in at the $10,000 mark instead of covering transactions above a $600 threshold, will, if it passes, win over critics and help the IRS catch tax cheats. In the Biden administration’s bid to ensure rich households pay their full tax bill, they proposed months ago that bank, loan and investment accounts report to the IRS on their customers’ aggregate “inflow” and “outflow” above the $600 point on a yearly basis.
Here's your last shot at a great legal loophole: the Roth conversion of after-tax money in retirement accounts. It's also called a backdoor Roth IRA.
Vertex Pharmaceuticals' (NASDAQ: VRTX) woes began about a year ago when it announced the failure of an alpha-1 antitrypsin deficiency (AATD) candidate in clinical trials. Since that first problem, Vertex shares have dropped 33%. Vertex boasts a billion-dollar cystic fibrosis (CF) business.
Activist investor Engine No. 1 in May shocked the oil-and-gas industry when three of its four nominees were elected to the board by Exxon shareholders, who were frustrated by weak returns and the company's flagging attention to climate concerns. The board members expressed concerns about some projects, including a $30 billion liquefied natural gas development in Mozambique and another multibillion-dollar gas project in Vietnam, the WSJ report said, citing people familiar with the matter. Exxon did not immediately respond to a Reuters request for comment.
A Wall Street report sent Ford stock higher. Ford continues its EV push, rolling out a critical vehicle in bid to unseat Tesla.