A clinical-trial flop for Annovis Bio is reminding investors that developing new drugs for Alzheimer's disease is an extremely risky business.
Yahoo Finance's Emily McCormick breaks down the key numbers from Pinterest's Q2 earnings report.
Amazon's stock is getting hit after its latest earnings report. Here are three quick reasons why.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce initiation of the 450km 2D seismic program and a comprehensive community water well drilling campaign in the Kavango basin of NE Namibia.
Once, at the end of a long job interview, after discussing everything else under the sun, I asked the interviewer what the pay range was for the position. Her lips thinned; she was clearly offended. She said it wasn’t something the company was comfortable sharing. As frustrating as her response was, it was also typical. Anyone who has ever looked for a job probably has experience with companies being cagey about pay. But often we accept it as the way the negotiation game is played, like it’s a d
Brian Sozzi, Julie Hyman, and Myles Udland break down earnings which include: Amazon missing revenue estimates, Pinterest shares falling after reporting a significant decline in monthly users in Q2, and Procter & Gamble announcing a new CEO.
The market may be overreacting to the e-commerce giant's revenue miss, giving investors a good buying opportunity.
This was particularly the case for Pinterest (NYSE: PINS). Pinterest's second-quarter 2021 results definitely proved to be interesting, highlighted by staggering revenue growth and user engagement headwinds simultaneously. Pinterest's second-quarter revenue skyrocketed 125% year over year to $613 million.
Axsome Therapeutics (NASDAQ: AXSM) has been a zero-to-hero biotech stock. It's still a company with a lot of potential, though -- it has four leading treatment candidates in its pipeline, all with high chances of earning regulatory approval. It announced top-line clinical trial results on AXS-05 for the treatment of depression (phase 2), AXS-07 for the treatment of migraine headaches (phase 3), and AXS-12 for the treatment of narcolepsy (phase 2).
Exxon and Chevron reversed a year-earlier losses, as oil prices jumped. Chevron also resumed stock buybacks.
With us today are Mr. Eduardo de Salles Bartolomeo, Chief Executive Officer; Mr. Luciano Siani Pires, Executive Vice President, Finance and Investor Relations; Mr. Marcello Spinelli, Executive Vice President, Iron Ore; Mr. Mark Travers, Executive Vice President, Base Metals; Mr. Carlos Medeiros, Executive Vice President, Safety and Operational Excellence; and Mr. Alexandre D'Ambrosio, Executive Vice President, Legal and Tech. First, Mr. Eduardo Bartolomeo will proceed to the presentation on Vale's second quarter 2021 performance.
In this article, we discuss the 15 stocks that will double in 2021. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks that Will Double In 2021. The economy of 2020 was closely linked to the COVID-19 pandemic. However, the vaccine rollout at the turn of the […]
Canadian marijuana company Sundial Growers (NASDAQ: SNDL) is a much safer investment than it was at the start of the year. Initially, Sundial invested CA$188 million, and it has since increased that to CA$538 million.
Prosecutors said the prototypes didn’t function and were Frankenstein monsters cobbled together from parts from other vehicles.
(CAT) stock is slipping after the machinery manufacturer reported robust sales and earnings Friday morning. Caterpillar (CAT) reported a profit of $2.60, beating estimates for $2.41, on sales of $12.9 billion, ahead of forecasts for $12.5 billion. Caterpillar stock was off 3.1% at $206.02 at 9:36 a.m. in premarket trading.
Shares of Citrix Systems (NASDAQ: CTXS) plummeted 14.3% through 1:15 p.m. EDT today, after the software-as-a-service (SaaS) provider announced what even it called "mixed" results in its fiscal Q2 2021 financial report. On the one hand, Citrix beat earnings with a report of $1.24 per share (pro forma) earned, where Wall Street had been looking for only $1.19. Citrix's $1.24-per-share pro forma profit vastly overstated the company's profits as calculated according to generally accepted accounting principles (GAAP), which amounted to only $0.50 per share, a year-over-year decline of 44%.
Richard Flynn warned that 'naive' investors were at risk of 'life changing' losses because they did not understand risk management.
Shares of Erytech Pharma SA rocketed 98.5% on heavy volume in premarket trading Friday, enough to make them the biggest gainer and most actively traded ahead of the open, after the France-based biopharmaceutical company said it's treatment for hypersensitive acute lymphocytic leukemia (ALL) patients was granted Fast Track designation by the Food and Drug Administration. Trading volume was 11.5 million shares in recent trading, compared with the full-day average of about 66,600 shares. "This is y
(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.It dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qual
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At Insider Monkey, we follow nearly 900 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]