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Meme stocks are playing role reversal with AMC Entertainment’s Thursday short squeeze pulling up shares in retail stock GameStop too.
More than $4bn (£2.8bn) was wiped off the value of Coca-Cola after Cristiano Ronaldo appeared to snub the fizzy drink maker at a press conference earlier this week. Shares in the drinks maker dropped as much as 1.7pc after the press conference on Monday in which Ronaldo removed two bottles of Coca-Cola from in front of him. The slide took its value from $242bn to $238bn, although it later recovered some of those losses. Ronaldo's outburst took place at a pre-match press conference in Budapest on
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
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.
Dogecoin has seen its value increase exponentially over the past year, but is it an asset worthy of serious consideration or a speculative bubble waiting to burst? One analyst thinks the latter.
(Bloomberg) -- Alibaba Group Holding Ltd. was the victim of a months-long web-scraping operation by a marketing consultant that siphoned up sensitive data including usernames and phone numbers, according to a court case that wrapped in June.A central Chinese court ruled that an employee of a consultant that helps merchants on Alibaba’s Taobao online mall was guilty of dredging up more than a billion data items on Taobao users since 2019, using that to serve clients. The court imposed jail terms
Prices have dropped from record highs spurred by the economic reopening, potentially pointing to an eventual return to normalcy.
The Fed has limited margin for error in what the central bank says about its current easy-money policy. Any miscues on messaging could be costly to stock investors.
Despite a sharp slump in oil prices, the commodity is approaching significant technical support. Here are three trade setups to catch a bounce.
What happened Shares of Plug Power (NASDAQ: PLUG) plummeted 5% in 12:30 p.m. EDT trading on the Nasdaq Tuesday. It's not hard to figure out why. As Reuters reported this morning, General Motors (NYSE: GM) is teaming up with Wabtec (NYSE: WAB) to supply "electric batteries and hydrogen fuel cell systems" for Wabtec's train locomotives, with deliveries set to begin as early as 2023.
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 […]
Shares of Virgin Galactic (NYSE: SPCE) retraced 4.4% Tuesday -- after rising 5% on Monday in response to the astounding success of rival Blue Origin's auction of its very first space tourism ticket. First: There was no good reason for Virgin Galactic stock declining today -- no analyst downgrades, no negative earnings news, no news at all, in fact. Consider that Blue Origin's magic ticket ended up selling for $28 million on Saturday.
If it is approved, the Novavax Covid-19 vaccine could sell for less than the versions based on messenger-RNA technology that are already in use.
Rolls-Royce Holdings plc ( LON:RR. ) is possibly approaching a major achievement in its business, so we would like to...
You're living inside a giant piggy bank now — and have options for shaking out some cash.
As of 11:50 a.m. EDT, Nikola shares were down 7.6%. There are two pieces of news today that are related to the use of hydrogen in transportation, which Nikola is counting on for its long-term success. First, in what could be potentially considered direct competition for Nikola, the Jaguar Land Rover automotive brand announced it is developing a hydrogen fuel cell electric vehicle (FCEV) based on its new Land Rover Defender sport utility vehicle.
From the get-go, Tesla’s (TSLA) mission has been to stand out from the crowd; throughout the years, it has continued to do so in various ways. For one, obviously, it is a pioneer in the field of electric vehicles and a leader in electric vehicle battery technology. There are also few, if any, CEOs as magnetic as Elon Musk. Other OEMs are also constantly playing catch up with Tesla’s innovations, said Canaccord analyst Jed Dorsheimer following last week’s launch of Tesla’s fastest vehicle-to-date
AMC stock soared in early 2021 amid a “short squeeze." Here's what a $10,000 investment into the stock at the beginning of the year is worth now.
Medicare – health insurance that kicks in at 65 — is not free. You can unwittingly send your Medicare Part B premium – the part that covers certain doctors, outpatient care and preventive care — sky-high by poorly planning your income beginning at age 63. Medicare part B premiums are determined by the income you had two years ago, so your 2019 income determines your 2021 premiums, and your income this year will determine premiums in 2023.
Hindenburg Research has chosen DraftKings as its next target.
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.