Merck is licensing molnupiravir, an antiviral it developed with Ridgeback Biotherapeutics, to a group that will pick drugmakers to make the pill for low- and middle-income countries.
It’s always hard to pinpoint an exact cause of a dramatic sell-off, but in this case, there seem to be a number of factors at work.
The market is nervous about omicron. Cramer says it's time to pounce.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
Shares of Alibaba (NYSE: BABA) fell another 22.7% in November, according to data from S&P Global Market Intelligence. The company not only reported underwhelming earnings, but also sold off after China's Cyberspace Administrator asked another company to delist from U.S. exchanges, causing new worries for Chinese stocks like Alibaba that are also listed in the U.S. In the quarter ended in September, Alibaba grew revenue 29% and reported earnings per share of $1.74 per American depositary share (ADS).
In this article, we discuss the 10 stocks that Jim Cramer is bearish on. If you want to skip our detailed analysis of these stocks, go directly to Jim Cramer is Bearish on These 5 Stocks. Jim Cramer, the finance expert who hosts Mad Money on CNBC, has developed a fan following at the market […]
The crypto's price dropped more than 20% at one point Saturday. The slide is tied to the Fed's signal that the end is coming soon for its pandemic-era bond buying.
How much money people have put away for retirement naturally varies by age group. See how your savings stack up.
On a day when the Nasdaq index is down more than 2%, it shouldn't be surprising that aggressive growth names in the EV sector are leading the way. In addition to market sentiment going against high-growth, speculative companies such as these, Chinese stocks in general are in the crosshairs today. Despite the recent macro factors impacting the share prices of Nio, XPeng, and Li Auto, each company reported strong growth in its latest delivery update.
A stock market crash can be a harrowing experience to endure, and watching the value of your portfolio fall can cause temptations to sell. If there is a market crash soon, here are three companies that could make excellent buys: Roblox (NYSE: RBLX), Airbnb (NASDAQ: ABNB), and Meta Platforms (NASDAQ: FB). Metaverse pioneer Roblox has been experiencing a surge in revenue and new users since the pandemic's onset.
Let's explore why its industry-leading brands and dirt-cheap valuation make it a top stock to buy in December. Ford has turned this trend into an opportunity to reinvent itself, committing $30 billion to make 40% of its sales electric by the end of the decade. Well, unlike General Motors and Tesla, which are building a diverse lineup of EV models that includes sedans, Ford will focus on segments it already dominates, such as the F-150 truck, transit vans, and Mustang sports car (now adapted for a crossover SUV).
Stock market woes intensified last week with the major indexes breaking key levels. Apple and Tesla lead five stocks to watch. Bitcoin plunged Saturday.
The famed investor is bearish on stocks — except for this 1 key sector.
Shares of DraftKings (NASDAQ: DKNG) fell 9.4% on Friday after noted short-seller Jim Chanos said he was betting against the sports betting company. "If you quadrupled DraftKings' revenue and gross profit ... and take their marketing spending, which is currently over 100% of revenue, to 10% of revenue, which is their target, and you keep overhead at today's level ... DraftKings would still be losing $200 million a quarter," Chanos said. It should be noted, however, that DraftKings CEO Jason Robins vehemently disagrees with that view.
AT&T (NYSE: T) was once considered a stable blue-chip stock for income investors. AT&T's decline can be traced back to three big mistakes. First, it bought DirecTV for $49 billion in 2015 in an ill-fated attempt to expand its pay-TV business.
(Bloomberg) -- A brutal 2021 selloff for Chinese stocks trading in the U.S. has now erased more than $1 trillion in value since February and shows no signs of easing as regulators on both sides of the globe continue to put pressure on the firms.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female Founders‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsAutomating the War on Noise PollutionThe Nasdaq Golden Dragon China Index -- which tracks China-exposed firms listed in
Marketguage.com Partner and Director of Trading Research & Education Michele Schneider joins Yahoo Finance Live to analyze small cap stocks and thematic ETFs.
It has been a wild ride for Rivian Automotive investors since the company went public last month. Things could get even wilder.
You must have earned the income for it to be considered compensation for the purposes of contributing to an IRA.
Friday is looking like a lousy day to own unprofitable electric vehicle (EV) stocks. Up and down the supply chain -- from the companies that mine lithium to those that turn lithium into battery packs to those building networks of charging stations -- all EV stocks are tumbling.
The dot-com bust has nothing on what investors are seeing from markets right now, said Berkshire Hathaway's vice chairman Charlie Munger.