Shares of General Electric traded higher on Monday as the industrial giant’s 1-for-8 reverse stock split became effective.
Shares of Vaxart (Nasdaq: VXRT) rose on Monday after the biotech said the U.S. Food and Drug Administration (FDA) had cleared its Investigational New Drug (IND) application for its oral coronavirus vaccine. As of 2:20 p.m. EDT, Vaxart's stock price was up more than 12%. Vaxart's S-only vaccine construct produced higher serum antibodies than its other vaccine candidate, which expresses both S and N proteins, in a non-human primate study.
In this article, we discuss the 10 best high short interest stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best High Short Interest Stocks to Buy Now. Stocks with high short interest have dominated the headlines in the finance world for a good […]
For years, Amazon (NASDAQ: AMZN) has felt like a must-own stock. Amazon stock is fallible, it turns out. The tech giant reported revenue growth of 27% to $113.1 billion, missing the analyst consensus at $115.1 billion.
A second-quarter earnings report reminded investors how difficult it is for independent companies to launch new cancer drugs.
Shares of Nvidia (Nasdaq: NVDA) stock inched up a respectable 2% as of 2:15 p.m. EDT Monday after the graphics, crypto-mining, and artificial intelligence semiconductor manufacturer announced an advance in the latter part of its business this morning. As Nvidia revealed, it is setting up a "hosted AI development hub" called the "NVIDIA Base Command Platform" to offer its customers "instant access to powerful computing infrastructure wherever their data resides." NVIDIA Base Command Platform went live in May for "early access" customers, but it is now available for anyone who wants to lease access to the company's "NVIDIA DGX SuperPOD supercomputers" month to month to accelerate their own efforts at developing and testing AI algorithms.
On Monday morning, shares of XPO Logistics (NYSE: XPO) opened down more than 40%, but there is no bad news to report. The split became official on Monday, with GXO Logistics (NYSE: GXO), the supply chain business, trading for the first time on its own. GXO has a lot of exposure to fast-growing sectors including e-commerce, while XPO is one of the top less-than-truckload trucking operators with a large freight brokerage operation.
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
You might think that any stock handpicked by Warren Buffett and his top investment managers would be held in high regard by most investors. Several stocks in Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio are either beaten down, have bargain valuations, or both. Here are three underrated Buffett stocks that are smart buys right now.
In this article, we will discuss the 10 best stocks to buy according to John Paulson. If you want to skip our detailed analysis of Paulson’s history, investment philosophy, and hedge fund performance, go directly to the 5 Best Stocks to Buy According to John Paulson. John Paulson is an American billionaire hedge fund manager who oversees […]
In this article, we discuss the 10 best stocks to buy right now. If you want to skip our detailed analysis of these stocks, go directly to What are the 5 Best Stocks to Buy Right Now? Merely a day after the United States Department of Commerce released growth numbers that indicated that the US […]
Immunovant (NASDAQ: IMVT), a company developing a monoclonal antibody for the treatment of autoimmune diseases, is down almost 25% after receiving a cash injection of $200 million from Roivant Sciences. Prior to today's announcement, Roivant owned 57% of Immunovant because it was spun out of Roivant in 2019 through a special purpose acquisition company (SPAC). In March, Roivant said it would reacquire the 43% of Immunovant it didn't own.
GE's turnaround is gaining traction as key businesses improve while the industrial giant continues to shrink its debt load.
President Biden's job approval bounced back to a level President Obama never regained after his first few months in office.
If you want to know who really controls Infinity Pharmaceuticals, Inc. ( NASDAQ:INFI ), then you'll have to look at the...
Many investors are so focused on accumulating wealth that they neglect the second part of the equation.
Baillie Gifford, a large-scale investment management firm in the UK, published its “Long Term Global Growth Fund” second quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly return of 13.59% was recorded by the fund for the second quarter of 2021, compared to the 7.53% return of its MSCI […]
Shares of ON Semiconductor (NASDAQ: ON) are up a solid 14% in 11 a.m. EDT trading Monday after the semiconductor manufacturer crushed analyst expectations for Q2 earnings -- and didn't do half bad on sales, either. Expected to report a $0.49 pro forma profit on $1.62 billion in sales in fiscal Q2 2022, ON Semiconductor instead posted earnings of $0.63 per share on sales of $1.67 billion this morning. Actual earnings when calculated according to generally accepted accounting principles (GAAP) were only $0.42 per share -- but even this was a big improvement over Q2 last year, when ON Semiconductor broke even.
A surge in COVID-19 cases across the U.S. also has many investors on edge, renewing worries around a stalled economic recovery. There is good reason investors have been down on Nikola, a maker of electric and hydrogen fuel cell trucks.
Readers hoping to buy Valero Energy Corporation ( NYSE:VLO ) for its dividend will need to make their move shortly, as...