News
This Yellow Flag Could Be More Important Than the Market's Sell-Off
Monday was a horrible day for the stock market, with just about the only positive thing to say being that major market benchmarks finished well above their worst levels of the day. The Nasdaq
Why DraftKings Stock Dropped 7.3% on Monday
Shares of online betting company DraftKings (NASDAQ: DKNG) fell as much as 7.3% in trading on Monday as investors quickly exited growth stocks. Shares closed the day down 5.7% after a late-day
Why Apple, Facebook, Amazon, and Other Tech Stocks Dropped Today
Mounting concerns of a potential financial crisis in China drove investors to reduce risk on Monday.
Here's how some of the largest and most popular tech stocks fared today:
China Evergrande Group
Why GameStop Stock Slumped Today
Shares of GameStop (NYSE: GME) were down 6.2% on Monday after the broad U.S. stock indexes took a tumble in reaction to the China Evergrande Group (OTC: EGRNF) situation this weekend. The meme
Why AstraZeneca and Surface Oncology Rose Today
AstraZeneca (NASDAQ: AZN) and Surface Oncology (NASDAQ: SURF) shares both traded up on Monday, bucking the heavily bearish trend of the overall stock market. AstraZeneca closed the day more than 5%
Why Shares in Taseko Mines Are Crashing Today
Shares in copper miner Taseko Mines (NYSEMKT: TGB) fell more than 9% as of 3 p.m. EDT today. Although Taseko's mining assets are nearly all in Canada (the company also has a U.S. project in
Why Rare Earth and Lithium Stocks Crashed Today
Monday put investors in lithium and rare earth metal stocks on the edge. While Standard Lithium (NYSEMKT: SLI) and Lithium Americas (NYSE: LAC) sank 10.7% and 13.3%, respectively, by 2:30 p.m. EDT
Why Li-Cycle Holdings Gained More Than 7% Today
Shares of lithium battery recycler Li-Cycle Holdings (NYSE:LICY) ended Monday's trading session up 7.7%, although the gain wasn't in response to any news from the start-up company. Rather, the stock
Why Nucor, Cleveland-Cliffs, and Ferroglobe Shares Crashed Today
Metals stocks, particularly steel stocks, had a rough start to the week. Notable losers by the end of trading on Monday included:
Concerning news from China weighed on all these stocks, but it
Why Shares of Bank of America, Citigroup, JPMorgan, and Goldman Sachs Fell Today
Shares of many large bank stocks fell today along with the broader market sell-off that saw the Dow Jones Industrial Average shed more than 600 points and the S&P 500 index fall 1.7%. Shares of
Why Sea Limited Stock Fell Today
Shares of Sea Limited (NYSE: SE) fell today despite the fact that an analyst raised his price target for its stock. The company -- which is involved in everything from digital entertainment
Why Solar Energy Stocks Plunged on Monday
The stock market has dropped like a rock on Monday as investors sell off nearly every part of the market. The worst of the sell-off is in growth stocks, which are generally very highly valued
Total Construction Starts Decline In August
Third consecutive monthly decline pushes starts to 11-month low
if (typeof jQuery == 'undefined') { document.write('<scr' + 'ipt type="text/javascript"Why Protagonist Therapeutics Stock Plunged Today
Shares of Protagonist Therapeutics (NASDAQ: PTGX) were plunging 26.3% as of 3:39 p.m. EDT on Monday. The big decline came after the company announced that the U.S. Food and Drug Administration has
Why Luokung Stock Sank 26% Today: It's Not Just China
With Chinese stocks falling off the cliff Monday, it wasn't surprising to see Luokung Technology (NASDAQ: LKCO) shares take a hit, too. The huge drop in the price of the Chinese tech stock, though
Why Cosmos, Tezos, and FTX tokens Are Experiencing Sharp Sell-offs Today
Any asset remotely related to decentralized finance is not having a good day Monday. Cosmos (CRYPTO: ATOM), Tezos (CRYPTO: XTZ), and FTX (CRYPTO: FTT) are down 17.12%, 22.26%, and 11.02%,
Market Fears On Fed Tapering Could Be Overshadowed By Major Geopolitical Issues
Global financial markets might have a mild ‘taper tantrum’ this week following the Fed’s announcement, but there are bigger issues afoot that could spook them more significantly, warns the CEO of
Why Moderna Stock Is Falling Today
One of the more popular coronavirus stocks, Moderna (NASDAQ: MRNA), was struggling on Monday. Although it wasn't down by as much as the S&P 500 index, Moderna was still off by almost 2% in late
Why Verastem Stock Spiked Today
Verastem (NASDAQ: VSTM), a small-cap cancer specialist, saw its shares briefly spike by as much as 29% Monday morning. The drugmaker's stock started today's trading session off on a strong note in
Evergrande Could Trigger A Broader Sell-Off
Evergrande Property Services Group Ltd (HKG:6666), now the world’s most indebted property developer, seems to be causing Hong Kong’s financial markets to plunge again today as investors weigh up
Why Dogecoin, XRP, and Polygon Are Plunging Today
Altcoins were undergoing a major correction Monday with big names like Dogecoin (CRYPTO: DOGE), XRP (CRYPTO: XRP), and Polygon (CRYPTO: MATIC) down 11.07%, 12.58%, and 11.28% on heavy volume in the
Evergrande: The Latest Chinese Financial “Crack”
In his Daily Market Notes report to investors, while commenting on Evergrande Property Services Group Ltd (HKG:6666), Louis Navellier wrote:
if (typeof jQuery == 'undefined') {Why All the Dry Bulk Shipping Stocks Just Crashed
Dry bulk shipping stocks hit a reef today and are sinking fast.
As of 12:25 p.m. EDT, shares of Star Bulk Carriers (NASDAQ: SBLK) are down 10%, followed in quick succession by:
Here's Why Apple's iPhone 13 Should Be a Resounding Success
Apple's (NASDAQ: AAPL) iPhone 13 has arrived, and the initial reactions to the smartphone giant's latest and greatest device don't appear all that optimistic. Apple added the usual suite of upgrades
Prudential – New Chapter, New Checks
The previously announced demerger of the US business, Jackson, completed on 13 September 2021. Prudential plc (LON:PRU) has now announced it plans to raise up to $2.89bn by issuing new shares on