U.S. stock futures tumbled on Wednesday, with notable pressure ahead for the technology sector and rising bond yields in focus, while investors also waited for private-sector payrolls data. How are stock-index futures trading? Dow Jones Industrial Average futures YM00, -0.99% fell over 300 points, or 1%, to 33,833 S&P 500 futures ES00, -1.17% dropped 1.2%
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A very popular term in business is disruption, or causing a radical change through innovation. Hippo Holdings (NYSE:HIPO) is a digital homeowners insurance provider that went public in August. Potential HIPO stock investors wonder if this insurance provider will disrupt the insurance market. Source: TDKvisuals / Shutterstock.com It seems to me that HIPO stock lacks
Palantir Technologies Inc. PLTR, +0.17% shares rallied in the extended session Tuesday after the data-software company said it was selected for a U.S. Army intelligence program contract. Palantir shares surged more than 10% after hours, following a 0.2% rise to close at $23.21. The company said it won a $823 million contract to provide the Army
There are many reasons to believe the share price of QuantumScape (NYSE:QS) stock should rise. After all, the company is developing solid-state lithium EV batteries for future commercialization. Yet, QS stock is down almost 73% year-to-date. What’s with the disconnect? Source: Michael Vi / Shutterstock.com Such batteries promise a quantum leap over current dominant lithium-ion
Many studies have investigated how disparities in homeownership rates among Black and Latino Americans, as compared with their white peers, contribute to the country’s broader racial wealth gap. But new research finds that even among those Black and Latino Americans who are able to achieve homeownership, the return on their investment pales in comparison to
Recently, Novavax (NASDAQ:NVAX) fell fast. Closing at $207.31 per share on Sept. 30, the vaccine play opened at around $190 on Oct. 1. After that, NVAX stock quickly went into free fall, dropping as low as $154 per share. Source: Ascannio/Shutterstock.com The reason? Breaking news of Merck’s (NYSE:MRK) antiviral Covid-19 pill. Interim results suggest it
Dear MarketWatch, My mother moved to an apartment from her house in 2014 and started using the house as rental property. She bought it with my father in the 60s, and she bought part of it from him after they divorced in the 70s. I don’t know if I have documentation of any costs, but
Have you been keeping an eye on the developments in the genetic editing space? We have. Source: Shutterstock And recently, CRISPR gene editing pioneer Feng Zhang achieved a breakthrough in CRISPR therapy cell-delivery. Instead of using the “default” Cas9 enzyme, Zhang used a sub-family of the Cas13 enzyme. One that’s just tiny enough to fit
Another day, another trading scandal? This time the focus is on Vice Chair Richard Clarida. Citing financial disclosure forms, Bloomberg News reported he shifted funds from a Pimco bond fund into two stock-market funds — a day ahead of a statement from Chair Jerome Powell about possible policy action as the pandemic worsened. Clarida’s trades
After rising over $100 briefly this year, Cassava Sciences (NASDAQ:SAVA) stock is struggling to rebound. A long document written by the lawyer of a short-seller sent SAVA stock lower. The document challenged the accuracy of some of Cassava’s clinical results Source: Atthapon Raksthaput / Shutterstock.com Cassava has two major clinical studies underway. The top-line data
When she was a college student in the 1970s, Kristen Taylor had the opportunity to visit Walt Disney World DIS, +4.04% on many occasions. Taylor attended Stetson University, about 60 miles away from the resort, which was then still in its infancy. Many of her classmates were among the Magic Kingdom’s first employees, so she
Shares in Greenidge Generation (NASDAQ:GREE) popped by 6.81% on Wednesday. That’s good news for investors, after GREE stock spent most of the past three weeks in a skid. In fact, GREE made it into Wednesday’s list of biggest pre-market stock movers. Before it began to lose steam, GREE stock gained as much as 17%. What was
The U.S. Fish and Wildlife Service proposed Wednesday to remove 23 animals and a plant from the endangered species list, reluctantly declaring them all likely extinct. They join the list of 650 U.S. species already determined to be lost. Among the latest delisting are the ivory-billed woodpecker, Bachman’s warbler, Scioto madtom, San Marcos gambusia, and eight species
It seems to me that Pinterest (NYSE:PINS) has been lumped in with all the other stocks that benefited greatly from Covid-19. This includes Zoom Video Communications (NASDAQ:ZM) and Peloton Interactive (NASDAQ:PTON). Down more than 24% year-to-date through Sep. 29, it’s easy to see that PINS stock is struggling to find its way. Source: Nopparat Khokthong
Philippine President Rodrigo Duterte Announces Retirement from Politics Philippine President Rodrigo Duterte, whose brash and authoritarian style has upended governance in the country, said that he intends to retire from politics, indicating he won’t seek the vice presidency next year. Oct. 2, 2021 at 7:52 a.m. ET by Jon Emont
As September came to a close, the benchmark S&P 500 index was just a few ticks shy of returning 15% since the start of the year. That’s a very solid performance considering the prior year’s remarkable upside response to the novel coronavirus pandemic. At the same time, investors should be concerned about the specter of
Rivian Automotive Inc., which is working on electric delivery vans for Amazon.com Inc. in addition to electric trucks for consumers, filed for an initial public offering Friday. Rivian launched the R1T, an electric pickup truck meant for consumers, in September. The company said in its filing with the Securities and Exchange Commission that it intends
After breaking out of major resistance in August, Palantir (NYSE:PLTR) stock is on the way to topping its 52-week high. The Reddit favorite is attracting buyers after a recent deal with Wejo, a global leader in connected vehicle data. Source: Ascannio / Shutterstock.com Palantir’s alliance with Wejo is important, even though the deal will have
A Long Island man has pleaded guilty to running a years-long ‘birth tourism’ scheme through which he brought 117 pregnant women from Turkey to the U.S. to give birth and gain citizenship for their children. Ibrahim Aksakal, 49, of East Patchogue, N.Y., admitted running websites and Facebook pages in Turkey with names like “Let my
Coinbase Global (NASDAQ:COIN) went public in 2021 with a direct listing and a reference price of $250. On its trading debut on April 14, COIN stock opened at $381 reached a high of $429.54, then hit a low of $310 and closed at $328.28. Source: Primakov / Shutterstock.com The first day of trading is often a