By the end of 2022, Hyundai HYMTF, -1.74% expects to offer seven vehicles in a lineup it calls “everyday sports cars.” The Korean automaker is building its N brand — a subbrand that offers high-performance editions of its ordinary cars. Arguably the most important of the bunch is the 2022 Hyundai Elantra N—a track-tuned version of
Traders on the floor of the New York Stock Exchange, with Blend signage, July 16, 2021. Source: NYSE Strategists see more selling ahead after stocks sold off Tuesday, led downward by tech and large cap growth names. A sharp jump in interest rates over the last several sessions stung the market, particularly the growth names.
72 The latest reading of the New York City Recovery Index out of a possible score of 100. New York City’s economic recovery index experienced a slight increase the week of Sept. 18, rising from an overall score of 71 to 72 after falling by as much as six points the week before. A partial
In this article CRM TWTR HUN AMAT Internet company Microsoft’s China office building is seen in Shanghai, China, Dec. 8, 2020. Costfoto | Barcroft Media | Getty Images Check out the companies making headlines in midday trading. Tech stocks — Tech stocks dropped as the benchmark 10-year Treasury yield touched a high of 1.567% Tuesday.
Biotech stocks are infamously one of the most volatile sectors in the stock market. Investors often venture into speculative companies with no proven pipelines. Emerging firms with a pipeline of drugs and products still in the clinical phase post little to no revenue. They raise cash by tapping capital markets to pay for research and
I usually avoid the word “bet” when providing financial analysis. That’s because rigorous financial analysis is the opposite of a bet. Rather, it’s a decision supported by solid arguments and facts, all of which form either a bullish or a bearish thesis. But when it comes to sports-betting company DraftKings (NASDAQ:DKNG), I guess I’ll allow
As you may be aware, some business combinations with special purpose acquisition companies (SPACs) have not gone well. But one exception — at least so far — is eFFECTOR Therapeutics (NASDAQ:EFTR) and EFTR stock. Source: Shutterstock This clinical-stage biotechnology firm focuses on selective translation regulation inhibitors (STRIs) in cancer. EFTR stock is currently up some
Some 90 million Americans have low health literacy. They struggle with whether they can have a couple of beers while on medication, for example, and sometimes reach the wrong conclusion. You may not be one of them, but what if your father is? Or your grandmother? Or the lady who watches over your two-year old?
In this article OMEG Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images SPACs are getting a much-needed reality check after investors and regulators grow wary of the Wall Street craze, and the majority of deals could
Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters This is a very tricky moment for the markets. The market is in the middle of another rise in interest rates, which is causing traders and investors to move a lot of stocks around. Political dysfunction
Which home improvement stocks will benefit from a busy summer?
The standard formula for calculating the marginal propensity to consume, or MPC, is marginal consumption divided by marginal income. This is sometimes expressed as M P C = m C m Y where: m C = Marginal consumption m Y = Marginal income begin{aligned}&MPC = frac{ mC }{ mY } \&textbf{where:} \&mC = text{Marginal consumption} \&mY =
Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Alphabet’s Google unit will cut the commissions it collects on third-party software sales in its Cloud Marketplace. That’s according to a person familiar with the matter who spoke to CNBC, who said Google will now collect just 3% of sales
Production Preview Week 1 is on deck for Lucid Motors (NASDAQ:LCID), and people are taking notice. After all, this is a literal door-opening event, and LCID stock is up a few percent today alone. And there’s still more to come. Source: Around the World Photos / Shutterstock.com Long story short, Lucid Motors has long claimed
MicroVision (NASDAQ:MVIS) is still up for sale, at least according to the company’s latest 10-Q report. The reason is pretty simple. It still only has one customer for its Lidar products. And that is on a royalty revenue basis. This leaves MVIS stock fairly overvalued at the present time. Source: shutterstock.com/temp-64GTX I have written about
Robinhood (NASDAQ:HOOD) stock looks great again, and the company’s management responded by pushing ahead with a cryptocurrency wallet. This puts it in competition with a host of companies including Coinbase (NASDAQ:COIN). The company is also thinking of adding crypto assets to its balance sheet, which could boost HOOD stock. Source: OpturaDesign / Shutterstock.com Unlike Robinhood’s original
Merck is in advanced talks to acquire Acceleron Pharma Inc., according to people familiar with the matter, in a move that would bolster the pharmaceutical giant’s rare-disease business. The deal for Acceleron, which has a market value of around $11 billion, could be announced this week, assuming talks don’t fall apart, the people said.
Jeff Bezos pops champagne after emerging from the New Shepard capsule after his spaceflight on July 20, 2021. Blue Origin Jeff Bezos has called Blue Origin his life’s most important work – and the hours he is devoting to the space company are growing accordingly. Historically, Bezos had dedicated Wednesday afternoons to either updates and
U.S. Department of Agriculture (USDA) home loans open the dream of owning a home up to people in low-population areas who otherwise could not afford it. If you live in a place with a population of less than 35,000 and you can’t qualify for a conventional loan, you may qualify for a USDA guaranteed loan
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Energy stocks – Energy stocks led the S&P 500 on Monday as oil prices climbed amid supply concerns driven