The strategy change is hurting SAP's financials, but it's also setting the stage for a revival in its fortunes. Bulls see SAP as a cheap and undervalued cloud play.
Shares of Novavax (NASDAQ: NVAX) were sliding 6.7% lower as of 11:14 a.m. EDT on Tuesday. The decline came after the Australian newspaper The Guardian reported major delays with Australia's supply deal for Novavax's COVID-19 vaccine, NVX-CoV2373. Novavax signed an agreement in January 2021 to supply 51 million doses of its COVID vaccine to Australia.
(Bloomberg) -- Another double-digit share price rally could be in store for Cassava Sciences Inc. over the next month, as the biotech vies with retail trading favorites AMC Entertainment Holdings Inc. and GameStop Corp. to be the year’s top performing stock in the Russell 3000.In the run-up to the big reveal from a mid-stage study, the 23-year old drug developer has sprinted about 1,600% so far this year. On July 29, Cassava is expected to present safety and cognition data from about 50 people w
Myles Udland, Brian Sozzi, and Julie Hyman discuss analyst expectations for Alphabet, Microsoft, and Apple as the market waits in anticipation for these tech earnings.
Shares of Chinese electric-vehicle (EV) maker Nio (NYSE: NIO) are about 30% below January 2021 highs. Nio ES8 electric SUVs being loaded for transit to Norway. Nio has been quickly growing sales of its EVs.
Shares of Activision Blizzard (NASDAQ: ATVI) were tumbling 7.7% in midday trading Tuesday as allegations of a hostile work environment embroil the video game company. Work on updates to the massively popular World of Warcraft franchise was also reportedly put on hold as the company responds to a lawsuit over the charges of misconduct. Activision was sued by the California Department of Fair Employment and Housing over a reported "pervasive frat boy workplace culture" that led to charges of harassment and unequal pay.
As talk of potential legislation to legalize cannabis in the U.S. continues, stocks of many Canadian growers have been volatile. In just the past month, shares of Tilray (NASDAQ: TLRY), Sundial Growers (NASDAQ: SNDL), and OrganiGram Holdings (NASDAQ: OGI) are down 30%, 20%, and 18%, respectively. Tilray CEO Irwin Simon did give an interview yesterday in which he discussed the future of the company and explained its position in preparation for potential U.S. legalization.
The semiconductor company reported disappointing preliminary results but is preparing to invest in manufacturing capacity.
Tilray CEO Irwin Simon talks with Yahoo Finance's Julie Hyman on the integration of Tilray and Aphria thus far, and his vision for the company and cannabis industry heading into a post-pandemic world.
See: We have $8 million saved for retirement, are in our early 50s and want to retire early, but are worried about healthcare expenses — what can we do? Before you get discouraged or angry, know that there are many, many variables that go into determining if one will be secure in retirement. It’s also important to note that anything can change, and even people who have amassed a million dollars or more for retirement could find themselves in a predicament that forces them to go back to work or adjust their spending.
What happened Shares of AMC Entertainment (NYSE: AMC) were down 5.4% in midday trading Tuesday on no company-specific news, though the Dow Jones Industrial Average had fallen more than 150 points as China's markets continue to tumble.
Shares of Tesla (NASDAQ: TSLA) fell sharply on Tuesday, declining nearly 4% as of 11:40 a.m. EDT. The growth stock's decline follows the electric-car maker's second-quarter report, which was released after the bell on Monday. Tesla shares are likely trading lower primarily because of a bearish day in the overall market.
Brian Sozzi, Julie Hyman, and Myles Udland break down Tuesday’s early market movers, which include: Tesla reporting strong earning that produced its first $1 billion quarterly profit, UPS beating on estimates as the delivery momentum continues to surge, and GE boosting its forecast for free cash flow amid an earnings beat.
Sea Limited (NYSE: SE) and Coupang (NYSE: CPNG) are two of the fastest growing e-commerce companies in Asia. Sea owns Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, while Coupang owns the largest online marketplace in South Korea. The market has been much kinder to Sea than Coupang.
Sales for these companies are expected to increase between 270% and 1,100% over the next four or five years.
For at least a decade now, value investors have had a terrible time, and the resurgence of value stocks in the U.S. this year has been pretty mild.
Myles Udland, Brian Sozzi, and Julie Hyman discuss Intel’s plans to expand its new foundry business as it ramps up production of Qualcomm chips in order to compete with other chipmakers.
Hundreds of Chinese companies are listed on U.S. markets. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.
QuantumScape will report second-quarter results late Tuesday after Volkswagen poured more money into the solid-state EV battery startup. QS stock fell. As a development-stage company, QuantumScape may not have any sales worth speaking of for years.
Image-based social media app maker Pinterest (NYSE: PINS) experienced a surge in new customers and increasing engagement from existing customers at the onset of the pandemic. As economies are reopening, advertisers are ramping up spending again, and Pinterest expects to reap the rewards. Management guided investors to look for robust revenue growth from the social media app.
Intel Corp. shares declined steadily in the extended session Monday, handing back daily gains, after the chip maker revealed its "road map" and repackaging plans for its future products.