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Novavax has resolved manufacturing issues and gained authorization in more than 30 countries. Novavax may be on its way to generating billions of dollars in revenue. With all of this good news, could Novavax stock go parabolic?
Despite sell-offs roiling the broader market, the stock of Digital World Acquisition (NASDAQ: DWAC) is rocketing higher today. There doesn't appear to be any fresh news powering the gains, but excitement surrounding the stock is surging ahead of the company's merger with Trump Media & Technology Group and the launch of their social media platform, Truth Social. It's a social media service backed by Donald Trump that's on track to launch Feb. 21, and investors are pouring into Digital World Acquisition stock ahead of the debut.
The IRS has good news for retirees starting in 2022: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs). For the first time in 20 years, the Internal Revenue Service has … Continue reading → The post Good News for Retirees: RMD Formula Changing for First Time in Decades appeared first on SmartAsset Blog.
For the past 12 years, growth stocks have shone brightly on Wall Street. Below are five growth stocks with all the tools and catalysts necessary to make you richer in 2022 (and likely well beyond). The first fast-paced stock with the potential to drive home solid gains for investors throughout 2022 is electric vehicle (EV) manufacturer Nio (NYSE: NIO).
Let’s talk about quality stocks. Of course, this is the direction that every investor wants to go; but the question is, how to recognize them? Do we go all-in on the big-value, big-name giants? Or do we dig a little deeper, and find the high-end nuggets that are hiding in the sandheap? Weighing in from investment bank Morgan Stanley, chief investment officer Lisa Shalett recommends the latter. She recommends investors to look for beaten-down stocks, equities that have lost value recently – but t
The stock market isn't the right place for New Year's resolutions. Always focus on the long term for the best results.
With the expected explosion of data coming over the next several years, these two stocks could benefit immensely.
If pre-market trading volumes are any indication, the Nasdaq could hit this low point as soon as this morning.
In a somewhat counterintuitive development, shares of Axsome Therapeutics (NASDAQ: AXSM) rose on Thursday even though the company pointed out several issues in the development of one of its drugs. Following the company's latest update on the affected program, one analyst reiterated his bullish outlook on the shares, and they rose by 5.5%. In a regulatory filing, Axsome said it provided an official response to the Food and Drug Administration (FDA) regarding the pending New Drug Application (NDA) its AXS-05 drug candidate.
Many people downsize in retirement as a way to cut back on expenses and make their lives simpler. For some, this means relocating to a smaller home or a retirement community. For others, this can just...
Chinese President Xi Jinping took to the virtual stage at Davos to address Fed Chair Jerome Powell -- please don't lift interest rates.
When interest rates increase, here's what historically has happened to the stock market.
Tilray CEO Irwin Simon joins Yahoo Finance Live’s Julie Hyman to discuss the cannabis industry, why the company is pivoting to food and beverage brands, weed legalization in the U.S., and the end of a partnership with Budweiser.
Procter & Gamble Co. shares rose 0.8% in Wednesday premarket trading after the consumer products company reported fiscal second quarter results that beat expectations and narrowed its full-year sales guidance. Net income totaled $4.22 billion, or $1.66 per share, up from $3.85 billion, or $1.47 per share, last year. Sales of $20.95 billion were up from $19.75 billion last year. The FactSet consensus was for EPS of $1.65 and sales of $20.34 billion. "These results keep us on track to deliver our
GameStop could be hurt by Microsoft spending $68.7 billion to buy Activision Blizzard.
With 4Q21 earnings season kicking off, RBC’s Jospeh Spak believes the quarter’s results will take a back seat to 2022 guidance. And the analyst thinks companies are likely to provide “fairly prudent” outlooks. Looking at the case of Plug Power (PLUG), this is evidently true; compared to Spak’s revenue forecast, the company is taking the safe route. The hydrogen specialist’s preliminary 2022 revenue guide has called for sales between $900-$925 million – broken down to $600 million for material ha
Semiconductor equipment maker ASML on Wednesday beat analyst expectations for earnings in the fourth quarter but missed on sales.
Business is booming for these life science businesses, but their stock prices have been slashed to bargain prices.
Leo KoGuan, who according to Bloomberg is the third-largest individual shareholder at Tesla (TSLA) on Wednesday was publicly lobbying the company over Twitter on what guidance it should provide. KoGuan, the Singapore-based billionaire founder of software maker SHI International, tweeted to CEO Elon Musk to guide to 1.6 million deliveries with a margin above 30%. According to FactSet, analyst expectations are for 1.47 million deliveries, and a gross margin for autos ex regulatory credits of 28.4%.
What happened Blink Charging (NASDAQ: BLNK) stock is electric today, with its shares shooting up 10% as of 12:50 p.m. ET in response to some really big news from the electric car charging network: General Motors (NYSE: GM) is plugging into Blink.