Take a look at some of the biggest movers in the premarket: Zynga (ZYNG) – The online game maker’s shares soared 48.2% in the premarket after it agreed to be acquired by video game maker Take-Two Interactive (TTWO) for $9.86 per share in cash and stock, implying a total deal value of $12.7 billion. Take-Two
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Vaxart (NASDAQ:VXRT) is a clinical-stage biotech company focused on commercializing orally-delivered vaccines. VXRT stock has been volatile in 2021, thanks to hopes and setbacks related to its potential Covid-19 vaccine product. Source: Ascannio / Shutterstock.com However, Vaxart is more than just a quick Covid-19 play. The company’s platform, more broadly, is focused around trying to make
CNBC’s Jim Cramer said tech stocks could bottom Thursday, one day after the Nasdaq‘s 3.3% plunge on rising bond yields and Federal Reserve tightening concerns. The “Mad Money” host said he’s glad there’s so much negativity in the market because as a stock picker for his charitable trust, there are many names on sale. “I
There seems to be a shift in the market. Speculative growth stocks and cryptocurrency, among other hot 2021 trends, have slumped in recent months. Meanwhile, more defensive stocks such as energy, utilities, industrials and food and beverage companies are rising. Amid these shifting sectoral winds, it’s time to take a look at infrastructure stocks. Infrastructure
Cannabis operator Sundial Growers (NASDAQ:SNDL) stock has had a wild ride. Sundial was a hot stock in 2019, it went to almost zero in 2020, and then came roaring back amid the WallStreetBets excitement. Source: Jetacom Autofocus / Shutterstock.com Sundial had a fairly underwhelming 2021 from a stock perspective, as shares slumped back under a dollar.
The Mexican peso (MXN) is one of the most traded currencies in the world and is third in the Western Hemisphere, behind only the U.S. dollar (USD) and the Canadian dollar (CAD). Although the peso crosses with USD attract fewer investors than major pairs, including the euro (EUR/USD) and yen (USD/JPY), the peso still offers
In this article INTC COUR AAPL GDDY NFLX The Netflix logo is seen on their office in Hollywood, California. Lucy Nicholson | Reuters Stocks started the new year on rocky footing as investors confronted the prospect of rising omicron cases, higher bond yields and the Federal Reserve tightening its monetary policy. These macroeconomic factors can
Ah, the joys of the content publication stream! During the time that this story about potential entertainment stocks jumping higher due to consumers wanting out of novel coronavirus-related restrictions was initially researched, the omicron variant dominated headlines. But recently, infectious disease experts identified a new variant in France. Are we on the verge of yet
In this article BAC 7203.T-JP F WMG UAA KO A general view of the Halewood Ford transmission assembly plant after Ford announced a 230 GBP investment on October 18, 2021 in Halewood, England. Christopher Furlong | Getty Images Check out the companies making headlines in midday trading. Ford Motor – Shares of Ford surged more than 12%
Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. Earnings reports season gets off to a slow start next week before a number of banks and financial companies report their latest quarterly results on Friday, Jan. 14. The bank earnings will be closely watched, especially given that bank stocks, as a
In this article C Pedestrians cross a road in front of a Citigroup Citibank branch in Sydney, Australia, on June 1, 2018. Brendon Thorne | Bloomberg | Getty Images Citigroup will be the first major Wall Street institution to enforce a vaccine mandate by terminating noncompliant workers by the end of this month. The bank
I hypothesize that retail investors don’t spend much time considering country-specific exchange traded funds (ETFs) to buy. I don’t have empirical data to back up this assertion. However, it seems logical that most smaller investors are looking to get more bang for their buck. For example, why buy three or four country-specific emerging markets ETFs
A sign outside a restaurant on Deer Park Avenue in North Babylon, New York shows openings for all positions on November 12, 2021. John Paraskevas | Newsday | Getty Images Hiring is expected to have been strong and broad-based in December, even as some companies were asking employees to work from home again temporarily due
There are many lessons to be learned from the harrowing tale of Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Unfortunately, some investors won’t learn these lessons and will attempt an ill-fated rescue mission with DIDI stock. Source: Piotr Swat / Shutterstock.com Truly, there’s no better time than the present to abandon hope with this once-hailed company. The
In 2020, every macro trend could not go more right for Peleton (NASDAQ:PTON) and PTON stock. Last year was, at-best, mediocre period for the exercise-equipment maker in terms of the macro situation. And late last year, the situation turned quite negative for the company and its shares. Source: JHVEPhoto / Shutterstock.com Now all signs are
Fast deals. Fancy cars. Wads of cash. Rich brokers. Unscrupulous executives. What do these things have in common? They’re often found in some of the biggest blockbuster hits about the financial industry. Hollywood has a long history of sensationalizing the industry and the professionals who take part in it. If you’re not convinced, watch films
Nic Carter talks about the global macro situation for Bitcoin, Web 3.0, Bitcoin mining, and much more. Nic is a venture capitalist and prominent thought leader in the Bitcoin community. He has contributed some of the most noteworthy and highly shared articles and essays on Bitcoin over the past five years. IN THIS EPISODE, YOU’LL
In this article GDDY The GoDaddy banner hangs outside of the New York Stock Exchange as the website hosting service makes its initial public offering (IPO) on April 1, 2015 in New York City. Spencer Platt | Getty Images Company: GoDaddy, Inc. (GDDY) Business: GoDaddy operates in three segments: Domains, Hosting and Presence and Business
Solar stocks, for the most part, ended 2021 on a weak note. Many investors decided to take money off the table following significant gains seen in alternative energy names. For instance, the Dow Jones U.S. Renewable Energy Equipment Total Stock Market Index was down 24.0% in 2021. Yet, despite the volatility in shares prices of
In this article CHWY PJC KSS In this photo illustration the Discovery Channel logo of an US television network is seen on a smartphone and a pc screen. Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines in midday trading. GameStop – Shares of the video game retailer jumped about 4% after news