Fidelity Investments launched Fidelity Digital Assets back in October. Here's why the asset manager decided to enter the cryptocurrency game.
Shares of DiDi Global (NYSE: DIDI), Alibaba (NYSE: BABA), and NetEase (NASDAQ: NTES) were all rising today on no company-specific news. All of these China-based companies are likely seeing their share prices jump today after a major sell-off of Chinese tech stocks over the past couple of weeks. DiDi's stock was up 9.3%, Alibaba popped 4.9%, and NetEase's share price spiked 12.6% as of 2:15 p.m. EDT.
The restaurateur posted earnings, which were actually pretty good. But it seems there was other news investors didn't like.
In this article, we will discuss the 11 best pharma and biotech stocks to buy according to Jim Simons’ Euclidean Capital. If you want to skip our detailed analysis of Simons’ history, investment philosophy, and hedge fund performance, go directly to the 5 Best Pharma and Biotech Stocks to Buy According to Jim Simons’ Euclidean […]
Flora Growth (NASDAQ: FLGC) surged as high as $7.95 in afternoon trading Wednesday, a rise of more than 50% to the highest level the stock has touched since its initial public offering in May. Colombia-based Flora, which just announced plans to move its corporate headquarters to Miami from Canada, cultivates cannabis and processes it into medicinal-grade cannabis oil and other products, which it supplies to pharmacies, cosmetics companies, and medical clinics. The cream, already sold in Canada, will now also be sold through Flora's distribution channels in Latin America.
Leading home backup-generator manufacturer Generac Holdings (NYSE: GNRC) reported its second-quarter 2021 results today, and there were several areas of good news. Generac exceeded analyst estimates with sales of $920 million, which was 68% above the prior-year period. Earnings were also above expectations with adjusted net income of $2.39 per share versus $2.35, according to Zack's consensus estimate.
Shares of New York Community Bancorp (NYSE: NYCB) traded nearly 10% higher as of 12:15 p.m. EDT after the bank reported earnings results for the second quarter of 2021. New York Community Bancorp, a bank with assets of nearly $58 billion that specializes in multifamily lending, generated diluted earnings per share (EPS) of $0.30 on total revenue of $347 million. EPS would have been $0.33 for the quarter if you exclude one-time, non-recurring tax charges and $10 million of expenses related to New York Community Bancorp's planned acquisition of Flagstar Bancorp (NYSE: FBC), which will bring the combined bank to $87 billion in assets.
Growth stocks are moving, and the popular ETF money manager is making moves. Let's dive into her shopping list to see some of the stocks she bought on Tuesday.
(Bloomberg) -- China’s largest private education firms are moving swiftly to overhaul their businesses to adjust to a harsh new reality after Beijing launched a sweeping crackdown on the $100 billion sector.Two of the sector’s biggest names have in past days reached out to reassure investors and managers their businesses remain viable and won’t abruptly collapse, according to people familiar with the matter. Yuanfudao, the $15.5 billion startup backed by Tencent Holdings Ltd. and DST Global, pla
Shares of Fastly (NYSE: FSLY) were rising 3.2% heading into midday Wednesday after the content delivery network (CDN) provider announced it was making available a beta version of its Signal Sciences agent on its edge cloud platform. Fastly wants developers to be able to protect their apps and application programming interfaces (APIs) regardless of where they're found -- whether in the cloud, onsite, in a hybrid environment, or at the network edge. Edge computing allows data center processing to be relocated to the device (or to the "edge," as it were), where real-time processing can occur, allowing for faster response times.
What happened Wednesday is shaping up to be a profitable day for cannabis investors. Here's how some of the most popular pot stocks were performing as of 12:30 p.m. EDT today: Sundial Growers (NASDAQ: SNDL), up 10% OrganiGram Holdings (NASDAQ: OGI), up 9% Aurora Cannabis (NASDAQ: ACB), up 8% Canopy Growth (NASDAQ: CGC), up 7% Hexo (NYSE: HEXO), up 7% So what The gains were sparked by a blockbuster earnings report from industry heavyweight Tilray (NASDAQ: TLRY).
In this article, we discuss the 15 best gambling stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Gambling Stocks to Buy Now. In 2020, as a result of the lockdown in reaction to the global pandemic, several brick-and-mortar casinos saw a sharp drop in […]
Myles Udland, Brian Sozzi, and Julie Hyman breakdown more earnings which include: Spotify quarterly revenue beating despite missing user target, Boeing stock seeing a surge after reporting its first profit in 2 years, and Pfizer raising guidance as COVID vaccine is expected to generate more revenue.
House Speaker Nancy Pelosi says Congress needs to pass legislation, a day after Senate Majority Leader Chuck Schumer advocated forgiveness from the president's pen.
Brian Sozzi, Julie Hyman and Myles Udland discuss big tech earnings which include: Microsoft raising revenue forecast after topping earnings, Alphabet beating estimates on a strong wave of advertising growth, and Apple reporting a blowout quarter as the global chip shortage creeps up on the tech company.
As the world becomes more digital, the financial sector is subject to new innovations. These two companies are changing the game.
Stock market investors have had a tough time lately, and Wednesday's moves showed how different readings on the broader global economy are making it hard for investors to interpret what's going on. Amid widespread confusion about how much to worry about a new flare-up of COVID-19 cases and the potential impact on the economic recovery, markets were largely mixed Wednesday morning. On a day packed with corporate earnings releases, a couple of stocks stood out.
In this article, we will be looking at the 10 best dividend aristocrats with over 4% yield. If you want to skip our detailed analysis of dividend investing, you can go directly to the 5 Best Dividend Aristocrats with Over 4% Yield. According to data from a book called Active Value Investing: Making Money in […]
Investors -- and governments -- have rallied behind Novavax (NASDAQ: NVAX) since the start of the coronavirus vaccine race. Since, Novavax has lost a considerable amount of steam -- in spite of strong clinical trial data. Next week's earnings report may offer some clues.
Dan Ives, Wedbush Securities Analyst, joins Yahoo Finance to discuss Apple and Microsoft’s earnings results.
Elon Musk earlier this week made his most bullish statements yet on iron-based batteries, noting that Tesla is making a “long-term shift” toward older, cheaper lithium-iron-phosphate (LFP) cells in its energy storage products and some entry-level EVs. The Tesla CEO mused that the company's batteries may eventually be roughly two-thirds iron-based and one-third nickel-based across its products. Musk's comments reflect a change that is already underway within the automotive sector, mainly in China.