It’s been a thrilling year of ups and downs for Inovio (NASDAQ:INO). INO stock rocketed as much as 1,000% earlier this year following news that Inovio had a leading candidate in the race for a novel coronavirus vaccine. Things have gotten more complicated since summer, though. Source: Ascannio / Shutterstock.com The government left Inovio out
admin
Even mighty Amazon (NASDAQ:AMZN) has not been immune to the September tech stock selloff. AMZN stock dropped 16% in the first two weeks of the month. Don’t expect that situation to last. Amazon announced Prime Day — its biggest shopping event of the year — will be taking place on October 13 and 14. That’s
Robert Smith, the billionaire chairman and CEO of Vista Equity Partners, said Wednesday that there’s a marked disparity in investment opportunities between the public and private markets. Smith, who spoke with CNBC’s David Faber from the Delivering Alpha conference, said that his firm continues to look at high-growth investments in enterprise software versus more mature areas
In just the last 24 hours, the wall of worry for stocks got a lot higher. President Donald Trump has contracted Covid-19, which keeps him off the campaign trail and secluded in the White House for at least two weeks. The betting markets are raising the odds for his rival Joe Biden, whose policies are
A poor jobs report and news that President Donald Trump has tested positive for Covid-19 weighed on the stock market on Friday. With that in mind, let’s get to some top stock trades in the meantime. Top Stock Trades for Monday No. 1: Nio (NIO) Nio (NYSE:NIO) reported solid third-quarter delivery results on Friday, but
Facing novel coronavirus headwinds, possible product challenges, and difficult competition, Alteryx (NYSE:AYX) stock should be avoided at its current high valuation. Source: Shutterstock More specifically, the company said that, in the second quarter, the amount of time it needed to make deals increased significantly, and it relied more on shorter-term “adoption deals.” Meanwhile, Alteryx provided
Investors are constantly on the lookout for the next big thin sector which will usher in a wave of change in society. Companies in these sectors have the potential to be the next big thing in the market. Robotics stocks are one such emerging sector. Robotics will change society in profound ways, or that is,
U.S. President Donald Trump approaches reporters as he departs on campaign travel to Minnesota from the South Lawn at the White House in Washington, September 30, 2020. Carlos Barria | Reuters Shares of companies tied closely to the economy reopening declined on Friday as President Donald Trump’s positive Covid-19 diagnosis raised concerns about a second
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters President Donald Trump’s health and the state of a fiscal stimulus package will be the
Whenever someone talks about the stock market as a place to buy and sell equities, what usually comes to mind for most people is the New York Stock Exchange (NYSE) or the NASDAQ. There’s no debating why: these two exchanges account for the bulk of stock trading in North America and worldwide. At the same
The stock market has been defying gravity ever since its spectacular March crash, leading some to wonder if another big fall is in store. With a contentious presidential election on the horizon and plenty of pandemic-related uncertainty hanging over equities, it’s fair to assume there are a lot of overvalued stocks out there. Just because
Last month, I discussed the peculiar narrative behind hydrogen fuel cell specialist Plug Power (NASDAQ:PLUG). Starting off as one of the most promising technology startups, PLUG suffered years of disappointment. However, the novel coronavirus pandemic has brought the company into a new light considering the vulnerabilities associated with fossil-fuel-based global supply chains. Suddenly, the left
CNBC’s Jim Cramer on Friday downplayed the stock market decline on President Donald Trump testing positive for the coronavirus, suggesting investors may want to consider buying on pullbacks. “I’m not saying this is much to do about nothing,” Cramer said on “Squawk Box.” ”I am saying that people should have a buy list ready.” Stock futures were sharply
Getty Images Oil prices are expected to rise just slightly in the final quarter of the year, held back from further gains by a deep chill in global travel and a still healing economy. Analysts forecast the prices of Brent and West Texas Intermediate should rise to the low to mid-$40s per barrel, but they
On the first day of trading in the fourth quarter, the stock market got off to a strong start. More stimulus news drove some late day volatility, but it was a solid start to the quarter. With all of that in mind, let’s look at a few top stock trades ahead of the jobs report
As a tech reporter, I have a Mount Rushmore of the last decade’s biggest losers. These are leaders whose arrogance cost shareholders trillions in lost opportunity. One of them has to be Virginia Rometty of IBM (NYSE:IBM). By focusing on dividends and buybacks for IBM stock, Rometty missed the cloud. Source: Laborant / Shutterstock.com She
We’re in the midst of what’s being called the “tech wreck.” After running higher and leading the bull market since mid-April, technology stocks have pulled back in September as investors take profits and evaluate the potential for a second wave of Covid-19 as well as the upcoming presidential election. After rising 75% from a low
When it comes to investing, it helps to be a straight shooter (and a bit of an optimist). But let’s call it for what it is: FAANG stocks, Facebook (NASDAQ:FB) included, have not been doing very well lately. In fact, FB stock stock is down about 12% from its high about a month ago. Source:
Barry Sternlicht, Starwood Capital Group Chairman and CEO, speaking during the 2020 Delivering Alpha conference on Sept. 30th, 2020. CNBC Starwood’s Barry Sternlicht expects high flying technology stocks to fall from their heights if Former Vice President Joe Biden wins the 2020 election and Democrats take control of both chambers of Congress. ”Maybe long term, two,
U.S. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak to reporters after their coronavirus relief negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol in Washington, U.S. August 7, 2020. Jonathan Ernst | Reuters The trading community is actively debating the