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Oil prices also rose. Analysts said there was a 'solid fundamental rationale' behind the rally.
Ocugen (NASDAQ: OCGN) shares took center stage earlier this year when the biotech joined the coronavirus vaccine race. The company partnered with India's Bharat Biotech to co-develop and co-commercialize Bharat's vaccine candidate -- Covaxin -- in the U.S. As a result, Ocugen shares soared as much as 763% in about six weeks. Now, some investors might be wondering if Ocugen will hang onto this positive momentum -- or whether the stock is heading for a crash.
This week I see Netflix (NASDAQ: NFLX), AT&T (NYSE: T), and Robinhood Markets (NASDAQ: HOOD) as vulnerable investments in the near term. It doesn't help that Netflix disappointed investors with its previous quarterly update three months ago.
As the fears of the memory chip price declines start to materialize, the latest slump of Micron Technology (NASDAQ: MU) completely erased the yearly gains. While short-term headwinds shouldn't be a reason to "panic-sell, "prospective buyers should carefully evaluate upsides vs. downsides in their investment time frame.
When you take a look at Pfizer's (NYSE: PFE) revenue, blockbusters, and product pipeline, you wouldn't expect the stock to trade at a bargain. Pfizer is the leading seller of coronavirus vaccines. Pfizer also is working on a coronavirus pill treatment candidate and expects to report phase 2/3 data this quarter.
California-based spaceflight company Virgin Galactic Holdings (SPCE) has postponed the launch of its first commercial flight to the fourth quarter of 2022 from the third quarter. Further, the company will not conduct the second test flight this year, according to a report published by BBC. The delay is due to a planned upgrade program, targeted to boost the spaceship’s durability, which will commence a month later than planned. Shares of the company closed nearly 17% down on Friday at $20.01. Vi
Alibaba has become the most fashionable way to play a China rebound. But its rival looks like a better buy.
In this article we will check out the progression of hedge fund sentiment towards Energy Transfer L.P. (NYSE:ET) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]
The Yahoo Finance panel breaks down what to expect in a stacked week for the market as we await Netflix, Airlines, and Tesla earnings. Watch as the panel discusses how these most recent earnings could shape the market.
To expand its audience base, movie exhibition company AMC Entertainment (AMC) has launched an open caption format at 240 locations in 101 markets in the U.S. The format particularly targets those people whose native language is not English or who have hearing difficulties. Shares of the company closed 1.7% higher on Friday. The stock, however, declined 0.6% in early trade on Monday. Based out of Kansas, the company operates nearly 950 theatres and 10,500 screens across the globe. (See Insiders’
Morgan Stanley analyst Carlos De Alba downgraded the steelmaker to the equivalent of Sell from Hold, cutting his target for the stock price by more than half.
(Bloomberg) -- Zillow Group Inc. is taking a break from buying U.S. homes after the online real estate giant’s pivot into tech-powered house-flipping hit a snag.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureThe Biggest Public Graveyard in the U.S. Is Becoming a ParkGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverHate-Speech Case Forces Japan to Confront Workplace RacismZillow,
Although impacted in the short term by macroeconomic forces, the green tidal wave in electric vehicles (EVs) is expected to continue permeating the auto industry for the foreseeable future. The global semiconductor shortage has been an obstacle, but Tesla, Inc. (TSLA) is weathering the storm and positioning itself for consensus-beating deliveries. The electric automaker is expected to report earnings after market close on Wednesday, October 20. (See Tesla Website Traffic on TipRanks) Delivering
Warren Buffett is one of the greatest investors of our time. As a result of his long-term success, when he takes a position in a publicly traded stock, investors take notice. Read on to find out about a handful of stocks that Warren Buffett owns and determine for yourself whether they're also right for you to own.
What's the use of an S&P 500 stock paying a giant dividend — like AT&T — if you're only going to miss out on price gains?
Despite their stock prices taking a breather, these companies' operations seem to be unstoppable.
With the second-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the third quarter of 2021. One of these stocks was C3.ai, Inc. (NYSE:AI). C3.ai, Inc. (NYSE:AI) investors should […]
Buy low, sell high. You've no doubt heard that investing advice plenty of times. And it has worked well through the years in many cases. However, there's another approach that also can be quite effective: Buy high, sell higher.
With the underlying business gaining momentum, management may follow what other well-known names have done with their shares recently.
Zillow Group was falling sharply Monday after saying it won’t sign any new contracts to buy homes through the end of the year. Zillow (ticker: Z) cited a “backlog in renovations and operational capacity constraints.” Zillow said pausing new acquisitions will allow it to work through its backlog.
Every investor in fuboTV Inc. ( NYSE:FUBO ) should be aware of the most powerful shareholder groups. Generally...