News
Why Charlotte's Web Holdings Stock Jumped Today
Shares of Charlotte's Web Holdings (OTC: CWBHF) were jumping 6.9% higher as of 3:11 p.m. EDT on Friday. The CBD leader didn't announce any news. The most likely factor behind the solid gain was
Coronavirus Vaccine Will Be Free for Americans, Says HHS Official
Americans won't have to pay anything for vaccines that prevent COVID-19.
Zip. Zero. Nada.
That's assuming, of course, that one or more of the vaccine candidates now in development proves effective
Nasdaq Stays Close to Record Highs; Upgrades Lift Tesla; Applied Materials Gets an Earnings Boost
Friday was a pretty quiet day for the Nasdaq Composite (NASDAQINDEX: ^IXIC). Investors are largely waiting to see whether the favorable trends that have helped the Nasdaq claw back huge losses
Why Ebang International Stock Soared Today
Shares of Ebang International Holdings (NASDAQ: EBON) surged on Friday after the maker of bitcoin-mining machines and chip designer announced plans to launch a new cryptocurrency trading platform
Wells Fargo Overhauls Risk Management Operations With 6 New Hires
Wells Fargo (NYSE: WFC) has overhauled its compliance and risk management operations with six new appointments in an effort to enhance oversight.
The new appointees build out the new, centralized
Dow Jones Little Changed as Apple Bans Fortnite, Caterpillar Reports Rough July Sales
The Dow Jones Industrial Average (DJINDICES: ^DJI) had eked out a 0.1% gain by 1:10 p.m. EDT Friday. Progress on a new stimulus bill has hit a wall, with Congress in recess and no talks scheduled
Downward Pressure on GSX Techedu Stock Picked Up Steam on Friday
Shares of Chinese online-education company GSX Techedu (NYSE: GSX) are like a snowball rolling downhill. As of 1:30 p.m. EDT on Friday, the stock was down 13%. And it's now fallen about 40% from
SEC Investigation Sinks iQiyi and Baidu Shares
Baidu (NASDAQ: BIDU) and its offshoot iQiyi (NASDAQ: IQ) reported mixed financial results after the market close on Thursday, but the bigger story was the confirmation of a regulatory probe into the
Personalis Turns to Liquid Biopsies for Growth. Will It Work?
Building a genomics platform isn't easy. To gain insights into mysteries of biology, any "-omics" platform needs volumes of data that would have been impossible to obtain, let alone process, just a
Baidu, Inc. (BIDU) Q2 2020 Earnings Call Transcript
DraftKings Whiffs on Q2 Earnings, but a Sports Restart Should Help in Q3
A lack of sporting events had DraftKings (NASDAQ: DKNG) reporting a wider-than-expected loss for the second quarter this morning, but with pro baseball, football, basketball, and some college sports
Why Sunnova Energy, Rimini Street, and OptiNose Stocks All Dropped Today
Sunnova Energy International (NYSE: NOVA). Rimini Street (NASDAQ: RMNI). OptiNose (NASDAQ: OPTN). What do a solar panel installer; a database software contractor; and a pharmaceutical company
Caterpillar's Coronavirus Woes Continue: Retail Machine Sales Tumble
Caterpillar's (NYSE: CAT) latest three-month sales numbers ending in July again show how coronavirus woes continue to hurt the industrial company. Each month, Caterpillar releases statistics for its
Why Dillard's Stock Popped Today
Shares of Dillard's (NYSE: DDS) were shooting higher today after the department store chain turned in a second-quarter earnings report that was much better than expectations. The company actually
Shouldn't Dollar Tree Have Done Better During the COVID-19 Lockdown?
Few businesses were as beneficially positioned for the coronavirus pandemic as the dollar-store industry, which, as millions of Americans faced unemployment due to lockdowns, helped consumers
Why Farfetch Stock Is Surging Today
Shares of online luxury-fashion seller Farfetch (NYSE: FTCH) were trading sharply higher on Friday, after the company reported that its second-quarter loss was narrower than Wall Street had
Why BioXcel Therapeutics Stock Is Down Today
Shares of clinical-stage biotech BioXcel Therapeutics (NASDAQ: BTAI) are down by 9.9% as of 11:58 a.m. EDT on Friday, after the company released its second-quarter earnings report before the market
Why Purple Innovation Stock Was Down Today
Shares of mattress company Purple Innovation (NASDAQ: PRPL) went down on Friday after the company reported record quarterly revenue and operating income for the second quarter of 2020. As of 12:30
Why Verona Pharma Stock Is Vaulting Higher Today
Shares of Verona Pharma (NASDAQ: VRNA) were vaulting 12.8% higher as of 11:52 a.m. EDT on Friday. The nice gain came after the drugmaker provided its second-quarter update before the market opened.
"Fortnite's" Epic Battle With Apple and Google Escalates
A tiff between Epic Games and Apple (NASDAQ: AAPL) and Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google spilled over into the courts Thursday. The publisher of the well-known battle royale game
5 Ways the Rich Can Live Cheaper Than You
One of the strange realities of life is the fact that you can live much more cheaply when you're rich than you can when you're poor. When you have money, a lot of the costs people without money face
Stock Markets Ease Lower; DraftKings Earnings, iQiyi Investigations Hit Shares
Friday morning began quietly on Wall Street, with a general lack of news allowing major market benchmarks to stay close to where they began the day. Some market participants pointed to disappointing
Lowe’s Earnings: 3 Trends to Watch
Investors have pushed Lowe's (NYSE: LOW) stock returns well above the broader market this year, which is no shock given that consumer spending has surged in its home improvement retailing niche. But
Why DraftKings Is Falling Today
Shares of DraftKings (NASDAQ: DKNG) are falling 5% in morning trading after the sports-wagering outfit reported second-quarter results that struck out on hitting analyst earnings expectations.
Why iQIYI Stock Tumbled Today
Shares of iQIYI (NASDAQ: IQ) sank on Friday after the Chinese streaming company reported its second-quarter results. The headline numbers were mixed relative to analyst expectations, and iQIYI