News
Why Core Labs, Centennial Resource Development, and QEP Resources Stocks All Dropped This Morning
Shares of U.S. energy driller Centennial Resource Development (NASDAQ: CDEV) fell as much as 13% in the first hour and a half of trading on Monday. Following close behind was fellow exploration and
Why Marriott International, Booking Holdings, and Azul Stocks All Dropped Today
Coronavirus fears raised their ugly heads in a big way this morning, and all sorts of stocks related to the travel industry are suffering for it. For example, in midday trading, shares of travel
BioLife Solutions to Buy SciSafe in $30 Million Deal
BioLife Solutions (NASDAQ: BLFS) is starting the week with a bang. On Monday morning, the company announced it has signed a definitive agreement to purchase privately held SciSafe. The price is $30
General Electric to Stop Building New Coal Plant Equipment as Renewables Take Focus
General Electric (NYSE: GE) announced on Monday that it would exit the "new build coal power market," in yet another blow to the troubled coal industry.
In a press release, the company said it would
Why Airline Shares Are Falling Today
Airline shares lost altitude on Monday morning after a weekend news cycle heavy on concerns about a new wave of COVID-19 cases and closings. The airlines were hit hard in the spring when the U.S
Illumina to Acquire Cancer Diagnostics Start-up Grail
Gene-sequencing giant Illumina (NASDAQ: ILMN) confirmed last week's rumor that it's buying Grail, a start-up working on early detection of cancer using DNA analysis of blood samples, in a deal worth
Why Peloton Stock Rose Today Even as the Market Crashed
Shares of Peloton Interactive (NASDAQ: PTON) climbed on Monday even as rising coronavirus cases led stock markets around the world to sell off. As of 1:36 p.m. EDT today, Peloton's stock was up more
Roche Spends $451 Million to Acquire Inflazome's NLRP3 Program
In a forward-looking move that could provide it with new drugs to fight a variety of autoimmune disorders, healthcare giant Roche (OTC: RHHBY) is acquiring Ireland-based Inflazome for 380 million
Bank Stocks Fall After Report on Industry's Failure to Address Money Laundering
A report from BuzzFeed alleging that several of the most prominent banks in the world have not been doing enough to prevent money laundering sent shares of bank stocks tumbling Monday morning.
The
Why Carnival Corporation, Norwegian Cruise Line, and Royal Caribbean Stocks Just Crashed Again
Second verse, same as the first.
After sinking steadily through the tail end of last week, shares of cruise industry marquee stocks Carnival Corporation (NYSE: CCL) (NYSE: CUK), Norwegian Cruise
Why Triumph Group Shares Are Plunging Today
Shares of Triumph Group (NYSE: TGI) surged 13% higher on Friday on rumors the aerospace supplier could be a takeover target. But the stock came back down to earth on Monday, declining 21% as of 1
Immunomedics Provides Blockbuster Breast Cancer Survival Data
Over the weekend, Immunomedics (NASDAQ: IMMU) presented previously undisclosed clinical trial results for Trodelvy, a recently approved cancer drug. Gilead Sciences (NASDAQ: GILD) turned a lot of
Beyond Meat Announces a Massive Breakfast Product Retail Expansion
This morning, meat-alternative producer Beyond Meat (NASDAQ: BYND) announced the expansion of Beyond Breakfast Sausage Patties to a greater number of stores throughout the country by the end of
Why Zoom Stock Is Rising Today
Shares of Zoom Video Communications (NASDAQ: ZM) rose today even as the broader market tumbled. Zoom's stock jumped on news that European coronavirus outbreaks could bring more restrictions, which
Dow Jones Tumbles 750 Points; Microsoft Buys Bethesda Softworks; Walmart Stock Vastly Outperforms
The Dow Jones Industrial Average (DJINDICES: ^DJI) tumbled on Monday, down 2.9% at 12:15 p.m. EDT. The possibility of renewed restrictions due to a second wave of COVID-19 and the lack of action
COVID-19 Concerns Are Crushing Energy Stocks Today
Major benchmarks stumbled into the week, with most stock market indexes falling more than 2% by 11 a.m. EDT on Monday. That sell-off spilled over into the energy market, causing crude oil prices to
Why Carnival, Norwegian Cruise Line, and Royal Caribbean Shares Are Sinking in Early Trading
Several major cruise lines, including Carnival Corporation (NYSE: CCL) (NYSE: CUK), Norwegian Cruise Line Holdings (NYSE: NCLH), and Royal Caribbean Group (NYSE: RCL) are seeing their share prices
Airbus Unveils Zero-Emission Hydrogen Airplane Concept
Airbus (OTC: EADSY) on Monday unveiled three hydrogen-powered plane design concepts, part of the European aerospace giant's push to reduce aviation-related carbon emissions by the middle of the next
Better Buy: Western Digital vs. Texas Instruments
Western Digital (NASDAQ: WDC) and Texas Instruments (NASDAQ: TXN) both produce essential components for myriad markets.
WD is one of the world's top producers of HDDs (hard disk drives), flash-based
Better Buy: Costco vs. Constellation Brands
Costco (NASDAQ: COST) and Constellation Brands (NYSE: STZ) are both generally considered stable consumer-oriented stocks. Costco's warehouse clubs sell bulk products at steep discounts, while
Microsoft Bets Big on Gaming with $7.5 Billion ZeniMax Acquisition
Microsoft (NASDAQ: MSFT) announced today that it will acquire ZeniMax and its game-publishing wing Bethesda in a $7.5 billion all-cash deal. ZeniMax's Bethesda gaming subsidiary is responsible for
Why Tesla Stock Fell 7.9% This Morning
Shares of Tesla (NASDAQ: TSLA) fell sharply on Monday morning, declining as much as 7.9%. As of 11:30 a.m. EDT, however, the stock was only down 2%.
The growth stock's decline was likely driven
Nikola Leads Nasdaq Lower, but Roku's Proud as a Peacock
Investors came back from the weekend in a foul mood, and they took out their aggressions on the stock market. Although other market benchmarks fell more sharply, the Nasdaq Composite (NASDAQINDEX:
Stock Markets Plunge; Cruise Ship Stocks Sink Despite Coronavirus Answers
After a weekend of news that was far from relaxing, the stock market opened the new week with a considerable slide. The political ramifications of the death of Supreme Court Justice Ruth Bader
Why Illumina Stock Is Sinking Today
Shares of Illumina (NASDAQ: ILMN) are sinking today, down 6.7% as of 11:48 a.m. EDT, after the genomic-sequencing specialist announced that it plans to acquire GRAIL for $8 billion.
Illumina