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Here’s a quick wrap-up of other headlines making news today.
Here’s a quick wrap-up of other headlines making news today.
Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, with its partner, Serum Institute of India Pvt. Ltd. (SII), today announced a regulatory submission to the World Health Organization (WHO) for emergency use listing (EUL) of Novavax' recombinant nanoparticle protein-based COVID-19 vaccine candidate with Matrix-M™ adjuvant. The submission to WHO is based on the companies' previous regulatory s
Fuel-cell stocks were higher today, with Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), and FuelCell Energy (NASDAQ: FCEL) gaining 3.2%, 5.6%, and 11.4%, respectively as of 1 p.m. EDT. With more and more carmakers investing in hydrogen fuel-cell technology, investors in fuel-cell stocks are getting increasingly upbeat about the prospects. A report from Reuters this morning revealed how some of the auto giants from across the world are looking beyond battery-electric vehicles and investing in hydrogen, which appears to be pumping interest in hydrogen fuel-cell stocks.
The electric vehicle market is growing rapidly, and these companies each have an interesting role to play in its future.
These stocks are all about the big payoff.
The Ways and Means Committee recently unveiled a batch of proposed tax law changes zeroing in on how the super-rich use retirement accounts
It’s time to start buying this September pullback in the stock market. Lehman Brothers blew up in 2008 because the U.S. government failed to realize it was too big to fail. Lehman had sold a lot of flawed financial products around the world, so when it blew up, it created systemic problems.
In the face of powerful stock market strength, it's important to focus on the long term for the best results.
Among Facebook, Apple, Amazon, Netflix, and Alphabet (formerly Google), there are two clear-cut buys and one popular stock to steer clear of.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) and its joint venture partner NAMCOR (the state oil company of Namibia) announce the Ministry of Mines and Energy ("MME") has granted approval of a one year extension on the First Renewal Period from 29 January 2022 to 29 January 2023, relating to the approximate 6.3 million acre (PEL) 73 exploration licence, due to the impacts of the Covid-19 pandemic on the Company's operations.
Cathie Wood believes in the potential of gene editing. It's not surprising that Wood's ARK Genomic Revolution ETF (NYSEMKT: ARKG) and ARK Innovation ETF (NYSEMKT: ARKK) have invested heavily in several gene-editing stocks. The ARK Innovation ETF recently sold some of its shares of Editas Medicine (NASDAQ: EDIT).
Shares of Peloton Interactive (NASDAQ: PTON) were falling 6% in midday trading Wednesday on no specific news related to the connected fitness equipment maker, but following a weeks-long slide in its stock. Peloton stock is now down 45% from its 52-week high and off more than 33% year to date. Doubts persist about the ability of Peloton to continue growing in a post-pandemic world.
Nio shares have taken a hit from macro news recently, but some company-specific developments may be pushing it higher today.
Axsome Therapeutics (NASDAQ: AXSM) is close to earning approval for a new depression drug that could generate billions in annual revenues. Unfortunately, the proposed action date for the Food and Drug Administration (FDA) to grant approval already came and went. Consensus price targets suggest Axsome Therapeutics' stock price could rise 197% if most investors begin seeing the company in the same light as the investment-bank analysts who follow it closely.
Everywhere we go these days, we are introduced to revolutionary new electric vehicle (EV) products and features: electric passenger and commercial vehicles, charging stations, and driverless pizza delivery cars to name a few. One stock name that has become synonymous with EVs is Tesla (NASDAQ: TSLA).
Chinese regulators have asked China Evergrande Group to avoid a near-term default on its dollar bonds, Bloomberg Law reported on Thursday, the day the property developer is due to make a much-awaited interest payment on its offshore debt. In a recent meeting with Evergrande executives, regulators said the company should communicate proactively with bondholders to avoid a default but didn't give more specific guidance, Bloomberg reported, citing a person familiar with the matter. The Wall Street Journal reported separately on Thursday that Chinese authorities were asking local governments to prepare for the potential downfall of Evergrande, China's second-biggest property developer, citing officials familiar with the talks.
Wall Street is getting increasingly worried about a stock market crash. Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) are two such stocks that investors may consider buying hand over fist amid the ongoing correction. Trading at 28.5 times trailing earnings, Apple is trading at a discount to the S&P 500's earnings multiple of 31.
Shares of Roku were rising in premarket trading Thursday after one analyst raised his rating and price target on the stock, saying the streaming media player will continue to benefit from the “rapid pace” of growth in the connected television advertising marketplace. Michael Morris, an analyst at Guggenheim, lifted his rating on Roku (ticker: ROKU) to Buy from Neutral with a price target of $395. Roku shares were up more than 3% early Thursday to $335.
Leading technology investor Cathie Wood said she would be willing to sell down her flagship fund’s large stake in Tesla next year if the stock reaches its $3,000 price target early, according to reports. Cathie Wood, the chief executive of ARK Invest, was speaking virtually at the Morningstar Investor Conference Wednesday when she doubled down on Tesla, referencing its exposure to emerging technologies like artificial intelligence. ARK’s flagship fund, the (ticker: ARKK), outperformed most markets in 2020, with total returns of 152% last year.
In this article, we will take a look at the 10 stocks making big moves after earnings reports. You can skip our detailed analysis of these companies, and go directly to the 5 Stocks Making Big Moves After Earnings Reports. Notable stocks from consumer cyclical, industrial, and technology sectors, including AutoZone, Inc. (NYSE:AZO), FedEx Corporation […]
When stocks hit bottom, investors should take note. Stock prices fall for a reason, but those reasons don’t always mean that the stock is unsound. In fact, some fundamentally strong equities can fall to rock bottom prices – and when that happens, it’s a buying opportunity. Wall Street’s analysts are frequently on the alert for these cases, as they generally offer investors some of the best upside potentials in the market. Using TipRanks’ database, we pinpointed three stocks whose price has falle