This isn't shaping up to be a good week for the stocks of leading COVID-19 vaccine makers. Shares of Pfizer (NYSE: PFE) were down 1.6% at 11:27 a.m. BioNTech (NASDAQ: BNTX) stock had fallen 9.4%. Moderna's (NASDAQ: MRNA) shares were 6.2% lower.
The Dow Jones Industrial Average tumbled as stocks sold off amid Treasury Secretary Janet Yellen's default risk warning and bond yields rose.
Agency head says Republican governor's administration demanded she retire after incident. Kassidy Peters, Noem's daughter, received her certification four months later.
The bank has been dealing with some regulatory setbacks, as well as a lower analyst rating this morning.
The move occurred as the broader market was declining, but the movie theater operator also got some potentially bad news recently.
Palantir (NYSE: PLTR) and IBM (NYSE: IBM) are two very different types of tech companies. Palantir's market value has tripled since its direct listing last September, thanks to the robust growth of its data mining and AI platforms. IBM, which went public 110 years ago, has lost about a fifth of its value over the past decade as it struggled to grow its legacy businesses.
Markets are up this year – that’s no news, the gains have been substantial and sustained – but recent weeks have made investors nervous. The resurgence of COVID, rising inflation and stubbornly high unemployment have already made headlines, but new problems are coming up overseas. In China, for example, a developing debt crisis in the giant Evergrande Group threatens to upend that country’s lending system. So, after a full nine months of gains this year, the stock markets are looking at the real
Last week, biotech Cassava Sciences (NASDAQ: SAVA) published topline interim-analysis data for simufilam, a potential treatment for Alzheimer's disease. Unfortunately, these developments do not paint a clear path to victory, but instead, they raise more perplexing questions about its science. In the study, the first 50 Alzheimer's patients with mild to moderate disease who received simufilam for a period of 12 months saw their cognition improve by an average of 3.2 points on the Alzheimer's Disease Assessment Cognitive Subscale (ADAS-COG) from baseline.
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
RV Capital Management, an investment management firm, published its second-quarter 2021 investor letter – a copy of which can be downloaded here. The NAV of the Business Owner Fund was €994.14 as of the end of the second quarter. The NAV increased 14.0% since the start of the year and 901.9% since its inception on […]
(Bloomberg) -- If there's any country that might've been in a position to rescue Europe from its energy crisis, it’s the U.S. — home to vast shale fields holding a seemingly endless supply of natural gas and giant terminals capable of liquefying it and shuttling it abroad. Most Read from BloombergThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtHSBC Bets Big on China as Pressure Mounts in LondonHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May B
While the Nasdaq Composite Index on Tuesday morning was suffering a decline of more than 2%, market internals suggest investors in the Nasdaq-listed stocks are buying rather than selling stocks. The Arms Index Arms Index, a volume-weighted breadth measure, fell to 0.426, while many on Wall Street see declines below 0.500 as suggesting panic buying. The Arms Index is calculated by dividing the ratio of the number of advancing stocks over decliners by the ratio of the volume of advancing stocks ov
Some people might have thought Moderna's (NASDAQ: MRNA) stock market gains were over when the company pocketed an Emergency Use Authorization for its coronavirus vaccine in December. After all, the stock advanced 434% in 2020.
After bounding higher to start the week yesterday, shares of Plug Power (NASDAQ: PLUG) are headed in the other direction today. Instead, shareholders are likely responding to the stock's rise yesterday and to news related to another company dealing in hydrogen production, Cummins (NYSE: CMI). The other likely catalyst for the stock's decline is the news that Cummins has received a $5 million award from the Department of Energy Hydrogen and Fuel Cell Technologies Office.
The 800+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 30th. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
What happened Shares of several COVID-19 vaccine makers were sliding on Monday. BioNTech stock (NASDAQ: BNTX) was down 6.5% at 12:09 p.m. EDT. Shares of Moderna (NASDAQ: MRNA) had slipped 4.4%. Novavax (NASDAQ: NVAX) stock had fallen 6%.
Brian Sozzi and Julie Hyman break down the news of Ford and SK innovation’s plans to invest $11.4 billion to build an electric F-150 assembly and battery plant in the U.S. and what this investment could mean for the EV industry race moving forward.
(Bloomberg) -- Stocks headed toward their biggest slide since May as a Senate hearing with Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen left investors reluctant to pile back into riskier assets.Most Read from BloombergThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtHSBC Bets Big on China as Pressure Mounts in LondonHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThe Rise of the Pandemic Dash
In this article, we discuss the 10 stocks to sell according to Julian Robertson’s Tiger Management. If you want to skip our detailed analysis of Robertson’s history, investment philosophy, and hedge fund performance, go directly to 5 Stocks to Sell According to Julian Robertson’s Tiger Management. Billionaire, hedge fund manager and philanthropist Julian Robertson is […]
Shares of Apple (NASDAQ: AAPL) stock dipped 1.5% in noonday trading, EDT, Monday, and the slip appears tied to some news out of Europe that broke late last week. As The Verge reported Thursday, the European Commission, the executive arm of the European Union, is considering mandating that all cellphones sold in the EU use a standard USB-C power cord. It could be a big problem for Apple, however, which uses, and sells, proprietary Lightning cables to charge its iPhones.