It seems that every week or so, another pharmaceutical company announces a breathtaking, breathless breakthrough on the way to perfecting a vaccine for the novel coronavirus. And those who’ve monitored Inovio (NASDAQ:INO) stock know how crowded the field is: At least 15 companies are vying to cross the finish line first. It’s enough to conjure
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Satellite antenna builder Kymeta announced Tuesday that it closed a significant new round of fundraising led by Bill Gates, as the start-up looks to increase manufacturing and sales of its mobile communications product. “At the end of the day, the problem that our customers want to solve is highly reliable broadband service,” Kymeta executive chairman
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Medtronic — Shares of the medical device company rose 3.5% after Medtronic beat Wall Street expectations for its fiscal first quarter. The company’s adjusted earnings per share of 62 cents was 43 cents higher
Shares of Ford (NYSE:F) are a lot like sugar cookies. They aren’t expensive and hey, it’s a long time until dinner. Meanwhile, there’s little nutritional value and the blast of sugar isn’t healthy. F stock, these days, is more like a cheap cookie without the sweet taste. That may be OK if you’re seeking a
People walking along Wall Street in the Financial District of Manhattan on September 03, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines after hours Monday: Standex International — Shares of the industrial mold manufacturing company rose 0.2% on the back of better-than-expected results
The first step in setting long-term goals is to determine how much you spend on short-term expenses. Once you know how much money you need for the here-and-now, you can assess how much you can put into investing for your future. Regular monthly expenses such as cable and cellphone bills are easy. But don’t overlook
Rising investor interest in coronavirus related stocks will benefit these ETFs.
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 consecutive years. But how would an investor choose the best dividend aristocrats for their portfolio? After all, dividend aristocrats are established companies that are members of the S&P 500 index. That means they’re
By any conventional measure Amazon (NASDAQ:AMZN) is overvalued. With a market cap of $1.66 trillion, AMZN stock is being valued at over four times its potential 2020 revenue of $400 billion. That’s based on its second quarter sales of $101 billion. Source: Jonathan Weiss / Shutterstock.com It’s not unusual to value a tech company at 10
The S&P 500 gapped up and held most of its gains throughout Monday’s session. The move comes on positive potential developments around the novel coronavirus. With that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: Advanced Micro Devices (AMD) Advanced Micro Devices (NASDAQ:AMD) continues
Tesla’s rapid run higher, which has seen the shares gain nearly 400% this year, has left one notable investor confused. “I really can’t explain Tesla,” Joel Greenblatt, co-CIO at Gotham Asset Management, said Monday on CNBC’s “Squawk Box.” “I think there’s a lot of speculation in the market and I think some of it’s there. I
Tim Cook, chief executive officer of Apple Inc., waves while arriving on stage during the Apple Worldwide Developers Conference (WWDC) in San Jose, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Apple — The company gained 2.2% in volatile trading, following last week’s strong rally that
Children’s entertainment company Genius Brands (NASDAQ:GNUS) went on a wild ride earlier this summer. GNUS stock rallied from less than 50 cents to a peak of more than $10 in share in June. Source: patat / Shutterstock.com At the time, traders rushed to call the company’s new Kartoon Channel app the Netflix (NASDAQ:NFLX) for kids. That comparison
From the time since exchange-traded funds (ETFs) first launched in the financial market, they have been widely viewed as a more liquid alternative to mutual funds. Not only could investors gain the same broad diversification that they could with indexed mutual funds, but they could also have the freedom to trade them during market hours. More
Coca-Cola (NYSE:KO) is the world’s largest soft drink maker and it has one of the most recognizable brands of any company in any industry, but KO stock lacks sizzle and it has for some time. Source: Fotazdymak / Shutterstock.com Undoubtedly, there was a time when Coca-Cola was a cornerstone of many Americans’ portfolios. Should today’s
Jen-Hsun Huang, chief executive officer of Nvidia Corp., holds up a Titan C CPU and GeForce GTX Titan X graphics card . David Paul Morris | Bloomberg | Getty Images Stocks have delivered very impressive gains recently. Indeed, indexes are circling record levels, boosted by strong second quarter earning reports and reopening optimism. That’s despite
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target earned $3.38 per share for the second quarter, substantially above the consensus estimate of $1.62 a share. The retailer’s revenue also beat forecasts, with comparable-store sales up 24.3% compared with a consensus FactSet estimate of a 7.6% increase. Target’s
Even if you’re a long-term, passive investor, you need to keep a wary eye on your holdings. Exhibit A? French drug maker Sanofi (NASDAQ:SNY). Source: nitpicker / Shutterstock.com A year ago, Sanofi was a slow if stable global pharma name, locked in a trading range of $40-$50. The dividend, paid annually, was a little unpredictable,
Readers of mine know that I’m very bullish on clean energy stocks, since I see the world in 2030 as one being populated with electric vehicles, hydrogen fuel cells and hydrogen/wind/solar power. But one obscure, small clean energy stock which I haven’t rung the bull horn on is FuelCell Energy (NASDAQ:FCEL). That’s because in my
Take a look at some of the biggest movers in the premarket: Alibaba (BABA) – The China-based e-commerce giant reported better-than-expected profit and revenue for its fiscal first quarter, helped by a pandemic-related boost in online shopping. Alibaba had 874 mobile monthly active users in June, up 28 million from March. BJ’s Wholesale Club (BJ)