Outlier Covid-19 vaccine play Ocugen (NASDAQ:OCGN) stock has been on a negative run in the past three months, losing about 17% of its value. Source: Shutterstock The company failed to gain an emergency use authorization (EUA) from the FDA for Covaxin, the Indian variant of the coronavirus vaccine. Moreover, its partner firm Bharat Biotech is
Traders work at the New York Stock Exchange (NYSE) in Manhattan, August 3, 2021. Andrew Kelly | Reuters With Jackson Hole in the rear-view mirror, August’s employment report could be the next driver for markets. Stocks gained in the past week, surging again to new highs Friday after a speech by Federal Reserve Chairman Jerome
Ahead of its second-quarter earnings report, markets sold off shares of Roblox (NYSE:RBLX). However, the gaming platform allayed fears when it posted respectable results. That said, RBLX stock is still relatively expensive compared to other video game stocks like Activision (NASDAQ:ATVI) or Electronic Arts (NASDAQ:EA). Source: Miguel Lagoa / Shutterstock.com Roblox trades at 19 times
Many investors often break their portfolio into separate baskets, such as core holdings versus non-core holdings. Core holdings, including dividend stocks, are often considered to be the best available companies to own as their competitive advantages have set them apart from their peers. These are the stocks investors plan to hold forever. These types of
The relationship between inflation and unemployment has traditionally been an inverse correlation. However, this relationship is more complicated than it appears at first glance, and it has broken down on a number of occasions over the past 50 years. Since inflation and employment (and unemployment) are some of the most closely monitored economic indicators, we’ll delve into their relationship and how
Earlier this year, General Electric (NYSE:GE) stock surged from a split-adjusted $50 per share to as much as $115.36 per share. The surge was mostly due to the Covid-19 “reopening” trade, along with success with its turnaround. Yet in recent months, shares in the industrial conglomerate have traded sideways. Source: Sundry Photography / Shutterstock.com Its
Cristiano Ronaldo and Manchester United MANU, +5.84% have reached an agreement that will put Ronaldo back on the Old Trafford pitch he plied from 2003 to 2009, the club announced. Ronaldo, who had been playing for Italian team Juventus FC, is set to return to the storied English Premier League club pending the completion of
In this article ASTR [The livestream is slated to begin at 4 p.m. EDT. Please refresh the page if you do not see the video player above.] Rocket builder Astra Space is going for its first launch since the company went public, with the company also aiming to reach orbit for the first time. Astra is launching
If you think Carnival (NYSE:CCL) and CCL stock is a good bet at almost $24, you might want to think again. Covid-19 is still very much still an “unwanted passenger” on its cruise ships. As a result, a resumption to pre-pandemic cruising — as well as improvements in the CCL stock price — seem like they’re
In this article HPQ GPS PTON HIBB BIG AAPL Check out the companies making headlines before the bell: Big Lots (BIG) – The discount retailer’s shares tumbled 9.5% in premarket trading after it missed top and bottom-line estimates for its latest quarter. Big Lots earned $1.09 per share, 3 cents shy of analyst forecasts, and
While the broader stock market soars to new highs regularly, growth stocks have also regained their popularity among investors — and that has created many stocks to buy for investors. The Street seems to be delighted about positive updates on the economic front. Meanwhile, the U.S. Senate has recently passed a bipartisan $1 trillion infrastructure package.
This year is shaping up to be a strong one for dividend stocks. Payouts to shareholders are projected to reach $1.39 trillion for all of this year, just 3% shy of their 2019 pre-pandemic high, according to British asset manager Janus Henderson. Dividend payments in the second quarter of this year increased 26% from the
Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining. Some of the major players in the gold industry include Canada-based Franco Nevada Corp. (FNV), Newmont Corp. (NEM), and Australia-based Newcrest Mining Ltd. (NCM).
Is going long Palantir (NYSE:PLTR) stock a bet on the big data dynamo continuing to knock things out of the park? Or is it a bet that the “growth at any price” environment that the market continues to be in will stay intact? The answer is a little bit of Column A, but mostly Column
Oil and natural-gas futures rose Friday, and were on track for strong weekly gains, after Tropical Storm Ida formed in the Caribbean and was on track to threaten the U.S. Gulf Coast. Tropical Storm Ida prompted a hurricane watch for New Orleans and an emergency declaration for the state of Louisiana as it pushed across
Investors watch an electric screen displaying stock price figures at a stock exchange hall on February 18, 2021 in Shanghai, China. VCG | Visual China Group | Getty Images Beijing is eyeing new rules that would restrict domestic internet companies to go public in the U.S., the Wall Street Journal reported on Friday. Chinese regulators
ARCB and ULTA are two stocks for your aggressive growth stock radar screen.
This is my first time writing about Novavax (NASDAQ:NVAX) and the more I learn about the company, I can’t help but think about Inception, the Leonardo DiCaprio movie about dreams within dreams. A lot of the discussion around Novavax’s Covid-19 vaccine feels like living in that film’s impossible dream worlds. People buying NVAX stock are believing
Roberto Machado Noa Check out the companies making headlines after the bell: Peloton Interactive — Shares of Peloton sunk about 10% in extended trading after the exercise equipment company reported a wider-than-expected quarterly loss. The company posted a loss of $1.05 per share in the fiscal fourth quarter, compared with a loss of 45 cents
Advanced Micro Devices (NASDAQ:AMD) stock is up 18% so far in 2021. If anything, AMD stock is now cheaper than it was before. Source: JHVEPhoto / Shutterstock.com That’s because AMD continues to grow rapidly on both the top and bottom lines. Advanced Micro Devices saw $710 million of net income in its second quarter, or