- Oops!Something went wrong.Please try again later.
Here's the latest market that the insurance disruptor is entering, and why it could have an immediate impact.
Portugal captain held up bottle of water and shouted in Portuguese: ‘Agua!’
Oracle Corp. (ORCL) reported stronger-than-expected results for the fourth quarter of fiscal 2021. However, following the earnings release, shares of the cloud database company plummeted 4.8% in Tuesday’s extended trading session. Oracle reported quarterly revenues of $11.23 billion, a growth of 8% from the prior year. Also, it surpassed the consensus estimate of $11.04 billion. The company’s increase in revenues can be attributed primarily to the growth witnessed in its cloud services and licen
Prices have dropped from record highs spurred by the economic reopening, potentially pointing to an eventual return to normalcy.
Dynavax Technologies (NASDAQ: DVAX) stock was down 6.3% as of 11:26 a.m. EDT, while shares of Novavax (NASDAQ: NVAX) and Vaxart (NASDAQ: VXRT) were falling 7.8% and 10.6%, respectively. The declines for the biotech stocks appear to merely be run-of-the-mill volatility on a day when the overall stock market was down. Sales of its Heplisav-B hepatitis B vaccine were negatively impacted by the COVID-19 pandemic.
Myles Udland, Brian Sozzi, and Julie Hyman break down Wednesday’s early market movers which include: Oracle’s stock taking a dip after announcing lower quarterly revenue guidance than expected, Wolfe Research upgrading cruise industry stocks as the firm says all signs are pointing to a strong restart in the industry, and Ark Invest buying $42 million in shares of DraftKings after short-seller report.
Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy is when the stock hits bottom; that will maximize returns when the share price starts to rise again. Wall Street’s analyst corps know this, and they are not shying away from recommending stocks that may have hit bottom. Using TipRanks database, we pinpointed
It seems Bill Gates has conflict on the brain. “Whatever the reason, most of the books on my summer reading list this year touch on what happens when people come into conflict with the world around them,” the Microsoft founder wrote in a blog post on Monday, where he revealed his summer 2021 reading list. Gates says that he has been drawn to works analyzing the “complicated relationship between humanity and nature,” which he suggests could be driven by how the coronavirus has upset lives and livelihoods over the past year, as well as his own push to prevent a climate disaster.
A California judge on Tuesday dismissed a lawsuit brought by rapper Ice Cube against trading platform Robinhood claiming the trading platform used his image to promote its products, without his consent. The rapper sued Robinhood in March, alleging that it was damaging his reputation and violating trademark law by using his image and a take on his musical lyrics, and making it appear as if he endorsed the company, without his consent, in its "Robinhood Snacks" newsletter.
In this article we will take a look at the 10 best steel stocks to buy amid upcoming infrastructure, construction boom. You can skip our detailed analysis of these companies, and go directly to the 5 Best Steel Stocks to Buy Amid Upcoming Infrastructure, Construction Boom. Steel prices are soaring amid a rising demand as […]
Soccer great Cristiano Ronaldo sends a jolt to Coke's investors.
Many investors have been overwhelmed by the number of SPAC deals in the electric-vehicle space over the last year, and some have soured on the space now that a couple of last year's darlings have turned out to be, well, less than they seemed. Colorado-based Solid Power, founded in 2012, is one of several companies working to develop so-called solid-state batteries, which omit the liquid electrolyte used in the lithium-ion batteries that power most electric vehicles today.
Rolls-Royce will invest £80m in energy storage technology that will boost the range of electric aircraft. The jet-engine maker said its investment in energy storage systems (ESS) will create 300 jobs by the end of the decade, helping to power both fully electric and hybrid aircraft designs. The battery pack designs are aimed at vertical takeoff and landing “urban mobility” vehicles, often dubbed "flying taxis", and small fixed-wing aircraft with up to 19 seats for short commuter flights. Rolls i
MannKind Corporation (NASDAQ: MNKD) and United Therapeutics Corporation (NASDAQ: UTHR) have announced that the FDA has accepted for review the marketing application of Tyvaso DPI (inhaled treprostinil). Under priority review status, the application seeks approval to treat pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The agency's review will complete in October and indicated that they had not identified any potential review i
Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks initially suffered […]
Just Eat Takeaway's (OTC: GRUB) $7.3 billion takeover of Grubhub, which was announced a year ago, finally closed on June 15. Grubhub's investors received 0.671 shares of the new American depositary receipts for each of their original shares, and the merged company will become one of the world's largest third-party food delivery platforms outside of China. Grubhub's investors might be wondering if they should sell their new shares or put some faith in the new company.
Dramatic courtroom clash as judge says evidence for charges against Tevin Biles-Thomas is ‘insufficient’
Who is buying stocks and cryptos from me when I’ve trimmed and sold for the past month or so? Sure, there are banks and institutions and hedge funds and family offices investing and trading, just as always.
In this article we will take a look at the 10 best stocks to invest your $1000. You can skip our detailed analysis of these companies to invest in, and go directly to 5 Best Stocks to Invest Your $1000. Let’s be honest: It’s extremely hard to start a business. It takes years and a […]
Luminar Technologies Inc (NASDAQ: LAZR) has introduced Blade for the future of design and integration of autonomous technology across robotaxis, trucking, and consumer cars at its inaugural Studio Day in New York City. Luminar also showcased the first consumer vehicle fully integrated with Luminar's Iris lidar, which is on track for series production with Luminar's OEM partners, starting in late 2022. Luminar is kicking off a global customer roadshow this week to reveal Iris's performance, abili
(Bloomberg) -- Raytheon Technologies Corp.’s chief executive officer said he hopes U.S. Federal Reserve officials are correct in their view that the recent jump in prices is just transitory and that the U.S. economy isn’t entering a more costly inflationary cycle.“The question is, how long is transitory? Is it six months, is it 12 months or have we gotten into what would unfortunately be in an inflationary cycle?” Raytheon CEO Greg Hayes said during a virtual event hosted by the Business Roundta