Oil drops in Asia on OPEC forecasts OPEC cut its demand forecast for Q1 this morning, as Covid-19’s rampage through the US and Europe threatens demand...
Asia equities dip lower as investors in a cautious mood Wall Street limped to a negative close overnight, as a lack of stimulus progress and a...
Advanced Micro Devices’ (AMD) stature has substantially increased over the past several years. The chipmaker has released some great products which have eaten into its traditionally...
Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a...
Electronic Arts Inc. has agreed to buy UK-based game developer and publisher Codemasters for $1.2 billion, with shareholders expected to receive £6.04 in cash per ordinary...
Public Storage said it held discussions in recent weeks with activist hedge fund investor Elliott Associates, which had confidentially submitted the names of six nominees for...
Shares of Germany’s CureVac jumped more than 7% in US pre-market trading after the biopharma company announced the enrollment of the first participant in the large-scale...
AMC Entertainment has secured a $100 million lifeline from Mudrick Capital Management as the cash-strapped theater chain is grappling with the financial fallout from the pandemic-led...
Stocks Jump On Vaccine Rollout, Hopes For Bipartisan Stimulus Bill Tyler Durden Mon, 12/14/2020 - 08:05 US equity futures jumped alongside European markets on Monday amid...
Global buyout firm, KKR & Co. has agreed to buy a large portfolio of industrial properties from High Street Logistics Properties in a deal valued at...
Alibaba has received a 500,000 yuan ($76,463) fine from the State Administration for Market Regulation (SAMR) for not properly declaring its previous acquisitions, according to CNBC....
Moderna has inked a deal to supply the US with another 100 million doses of its COVID-19 vaccine candidate, doubling the total amount of orders secured...
United Airlines predicts increased cash burn in the fourth quarter as a rise in COVID-19 cases continues to impact travel demand. The carrier now expects 4Q...
Jerome Powell The "Most Transformational" Fed Chair Since Volcker, Bloomberg Gushes Tyler Durden Sun, 12/13/2020 - 11:00 The ignorance surrounding monetary policy in the financial journalism...
In 2020, biotechs have taken center stage. There are several biotech stocks that could generate stellar returns over the near future, according to Wall Street analysts....
CloseCloseCloseStocks plunge into a bear market as the viral outbreak threatens to devastate the economy.Healthcare has performed relatively better than the broader market which already has...
Next week provides a special short-term seasonal opportunity, one of the most consistent of the year. The last 4 trading days of October and the first...
AstraZeneca announced that it has agreed to acquire US drugmaker Alexion Pharmaceuticals in a cash and stock deal worth $39 billion. The Britain-based pharmaceutical company said...
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app...
After the various headwinds associated with the coronavirus delayed the release of Apple’s (AAPL) iPhone 12, the new smartphone was finally unleashed on the market on...
While many companies have been crushed by Covid-19’s impact, Amazon (AMZN) has benefited immensely. Sales have gone through the roof and the company has made all...
GameStop’s (GME) stellar 2020 market performance got a reality check this week. After almost tripling this year, shares of the video game retailer cratered by 21%,...
Markets have been turning mostly up since the election, as investors have taken the measure of the macro environment and appear pleased. There is some expectation...
Futures Tumble On Stalled Stimulus Talks, Brexit Chaos Tyler Durden Fri, 12/11/2020 - 07:41 Global markets dropped on Friday as Brexit negotiations appeared on the verge...
Whitney Tilson’s email to investors discussing Tesla Inc (NASDAQ:TSLA) like Qualcomm, Inc. (NASDAQ:QCOM) in 1999; Doug Kass predicted Tesla’s capital raise; Tesla is watching its stock...
Commenting on the stimulus talks and today’s trading Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more Uncertainty Remains As Stimulus...
It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their...
Lululemon reported better-than-anticipated results for the third quarter of fiscal 2020 (ended Nov. 1) as the athletic apparel retailer benefited from strong e-commerce sales during the...
MetLife, Inc. has announced that it will sell its Metropolitan Property and Casualty Insurance unit to a subsidiary of the Zurich Insurance Group, in an all-cash...
Airbnb had a perfect first day on the NASDAQ on Thursday. Shares closed at $144.71 - more than double what they sold for the previous evening....