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.
Nothing seems to be going right for Novavax (NASDAQ: NVAX) these days. The European Commission granted authorization to Novavax's Nuvaxovid COVID vaccine in December. On Jan. 14, HAS approved Nuvaxovid, making it the fifth COVID-19 vaccine approved in the country.
What happened Chinese electric vehicle maker Nio (NYSE: NIO) was one of many electric vehicle companies whose shares were trading lower on Tuesday afternoon, amid a broad market decline triggered by rising rates on government bonds.
Meme stock trio AMC Entertainment (NYSE: AMC), GameStop (NYSE: GME), and Tonix Pharmaceuticals (NASDAQ: TNXP) were all lower in morning trading Tuesday following the long weekend. There was no news directly associated with any of the stocks, but GameStop has a tangential relationship to big market news -- though it may surprise a few people its shares are moving in the direction they are. Microsoft announced this morning it was acquiring Activision Blizzard for almost $70 billion in cash, or around $95 per share.
Yahoo Finance’s Julie Hyman and Brian Sozzi discuss Microsoft’s acquisition of Activision Blizzard, Bobby Kotick remaining CEO of the video game company, and the outlook for gaming publishers.
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
Chinese President Xi Jinping took to the virtual stage at Davos to address Fed Chair Jerome Powell -- please don't lift interest rates.
Share prices of Rivian Automotive (NASDAQ: RIVN) briefly fell to $75.13 per share on Friday before closing the session at $79.95 per share. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share. Howard Smith: Markets aren't always efficient, and that's how investors can gain an advantage.
Virgin Galactic's stock is down after announcing a plan to raise up to $500 million in debt, but there's a way this could be good news.
Shares of clinical-stage biotech companies can skyrocket in a short period based on positive clinical and regulatory news. With that said, let's look at two clinical-stage biotechs that currently boast significant upside potential if we go by average price targets assigned by Wall Street analysts: CRISPR Therapeutics (NASDAQ: CRSP) and Axsome Therapeutics (NASDAQ: AXSM).
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.
When interest rates increase, here's what historically has happened to the stock market.
These three top growth names are already down a lot and trade at fair prices, but could become really huge bargains if the market falls more amid rising interest rates.
The market is seeing red in Tuesday's trading, and Asana (NYSE: ASAN) stock is suffering a substantial pullback. The workplace software company's share price was down roughly 9.7% over the previous 24-hour period as of 2:15 p.m. ET. High levels of inflation, rising Treasury bond yields, weak economic data, and anticipation for upcoming interest rate hikes are combining to make investors more risk averse.
California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.
Citi Global Wealth Chief Investment Officer and Head of Global Wealth Investments David Bailin joins Yahoo Finance Live to discuss the outlook for the market, the Fed winding down its accommodative policy, and inflation
The metaverse, widely considered to be the next frontier of internet technology, has become a hot topic in the world of investing. Although it's still mostly unchartered territory, the metaverse has the potential to change the way people study, work, play, and live their lives. Here's why I view Cloudflare (NYSE: NET) and Roblox (NYSE: RBLX) as potentially unstoppable metaverse stocks that investors should pick up in 2022.
Jimmy Lee, The Wealth Consulting Group CEO, joins Yahoo Finance Live to assess the outlook for the market, bank stocks, the financial sector, and the overall economy.
Yahoo Finance's Brian Cheung discusses the earnings reports for Goldman Sachs, BNY Mellon, PNC, and Truist.
Shares of the Facebook parent company are getting beat up amid a market sell-off. This could be a buying opportunity.