Oil futures start the week on a mixed note, with U.S. crude prices down a few pennies, but global benchmark crude up on optimism over a recovery in global demand.
Annovis Bio's Alzheimer's drug failed to significantly outperform the placebo in a midstage test, leading ANVS stock to plummet on Thursday.
Shares of Tesla (NASDAQ: TSLA), the electric car kingpin, soared 5% through 11:30 a.m. EDT Thursday, bouncing back from a post-earnings sell-off in the stock. Beginning with the obvious (and least interesting) reason: This morning, StreetInsider.com reports that analysts at Germany's DZ Bank have upgraded Tesla shares from sell to buy, and more than doubled their price target on the stock, to $750 a share. More interesting than DZ's upgrade are some comments made by Morgan Stanley analyst Adam Jonas this morning.
Yahoo Finance's Emily McCormick joined Yahoo Finance Live to break down the key takeaways from PayPal's recent earnings report.
Ford's electric truck ambitions appear to be gaining steam.
Akiko Fujita joins Myles Udland, Brian Sozzi, and Julie Hyman to discuss the consequences of China’s continued scrutiny towards Didi stock and Uber shares dropping due to Softbank’s plan to sell shares to cover Didi losses.
Advanced Micro Devices is no longer an underdog; it's a leading chip designer gobbling up market share.
There's little question that Nvidia (NASDAQ: NVDA) has been one of the market's star performers in recent years. Over the past three years alone, Nvidia stock has more than tripled -- and that isn't just a recent phenomenon. The stock has grown so quickly in recent years, Nvidia felt compelled to split its shares.
According to the Wall Street Journal, AMC's multi-bagger rally was driven by retail speculation and an intentional short squeeze. AMC has reopened almost all its U.S. locations. In July, Disney (NYSE: DIS) released Black Widow, the first Marvel movie to hit theaters since the pandemic.
Cleveland Cliffs extended gains from its reversal last week crossing above an area of resistance around 23.45. A lot of earnings on tap among miners.
We’re well into the Q2 earnings season and the results coming in show a strong overall performance so far. In fact, according to FactSet, if the S&P 500’s actual growth rate for the quarter hits 74.2% - as appears likely right now - it will amount to the biggest year-over-year earnings growth rate the index has displayed since Q4 2009. It’s a confidence boosting turn of events and a slightly surprising one, as noted by Oppenheimer’s Chief Investment Strategist John Stoltzfus. Stoltzfus believes
While the first space race was between the US and the Soviets, the second one is fought within the US. Virgin Galactic Holdings, Inc.(NYSE:SPCE) is a prominent competitor in the commercial spaceflight race. Earlier this month, the founder Richard Branson officially made it to space, announcing regular space tourism trips to start in 2022.
Brian Sozzi, Julie Hyman, and Myles Udland dive back into earnings which include: Comcast beating estimates with a strong push from parks reopening and broadband subscribers, Merck cutting full-year guidance despite drug sales rebounding, and PayPal stock dipping after profit misses analysts’ expectations.
In this daily bar chart of SAVA, below, we can see that prices have exploded higher from a base pattern around $10. SAVA has soared above the rising 50-day moving average line. The 200-day line intersects down around $40 so when compared to the current price level we would consider SAVA extended or "overbought" at three times the level of long-term indicator.
For each of the following three ultra-popular stocks, the lowest price target from an analyst on Wall Street implies downside ranging from 50% to as much as 97%! First up is one of the absolute hottest stocks since the end of 2019, biotech stock Moderna (NASDAQ: MRNA). Taking into account Moderna's insane run over the past two weeks, shares are up almost 1,700% since the end of 2019.
Zoom Video Communications (NASDAQ: ZM) has been an impressive growth stock since its initial public offering two years ago. The video conferencing company went public at $36 per share, and it's trading at nearly $360 at the time of this writing -- which gives it a market cap of over $100 billion. Zoom certainly became a household name during the pandemic, but is the stock still worth buying after its massive post-IPO run?
In fact, the stock in companies like MercadoLibre (NASDAQ: MELI) and Pinterest (NYSE: PINS) have already been great investments, with prices surging 210% and 215%, respectively, in the past three years. MercadoLibre operates the largest digital payments and e-commerce platform in Latin America. This approach has helped MercadoLibre build a strong moat around its business.
Prosecutors said the prototypes didn’t function and were Frankenstein monsters cobbled together from parts from other vehicles.
Sirius XM Holdings (NASDAQ: SIRI), Annaly Capital Management (NYSE: NLY), and New Oriental Education & Technology Group (NYSE: EDU) are three low-priced stocks that seem cheap right now. Two are profitable with healthy yields, and one is trading roughly for its net cash position. Momentum is back at Sirius XM.
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.
As the world becomes more digital, the financial sector is subject to new innovations. These two companies are changing the game.