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Nasdaq Approaches New Record as Jobs Data Lifts Payroll Stocks
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has led other major benchmarks upward in the recovery from the coronavirus bear market, and today, it became the first of them to move back into
Why Luckin Coffee Stock Rocketed Higher Today
Shares of Luckin Coffee (NASDAQ: LK) surged on Friday, continuing the stock's incredible ascent off its lows. By the close of trading, Luckin's stock was up 36% after rising as much as 67.7% earlier
Lonza Swipes a Top Roche Executive to Be Its Next CEO
The current head of global pharma technical operations at Roche (OTC: RHHBY) is jumping ship to take the lead role at Lonza (OTC: LZAGY). Pierre-Alain Ruffieux will become the new chief executive
Here's Why Shares of SolarEdge Climbed 27% in May
Continuing the upward trajectory which they experienced in April, shares of SolarEdge Technologies (NASDAQ: SEDG) bounded 27% higher in May, according to data from S&P Global Market Intelligence. In
WESTPORT FUEL SYSTEMS INC (WPRT) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool.
WESTPORT FUEL SYSTEMS INC (NASDAQ: WPRT)Q1 2020 Earnings CallJun 5, 2020, 10:30 a.m. ET
Operator
Source Fool.com
Energy Stocks Lift Stock Markets Toward New Highs
The stock market made an assertive statement of extreme confidence on Friday, responding favorably to news that the U.S. employment picture has begun to recover. The recovery from March's lows has
China and the Truth
A civilizational gap, it seems is a difficult thing for Americans to admit. When Kiron Skinner, former Director of Policy Planning at the State Department, floated the idea that China hailed from a
Sorrento Reports It Has a Second Potential Antidote for COVID-19
On Friday, Sorrento Therapeutics (NASDAQ: SRNE) announced positive results from preclinical testing of STI-4398, a protein to neutralize the SARS-CoV-2 virus. The company said that the drug
12 Oil Stocks That Are Crushing the Market Today
Today's a good day to own stocks of all kinds. It's incredibly good for oil stock investors, with many companies in the oil patch seeing their shares rocket higher than the 2.5% gains the S&P 500 is
Why Tiffany Stock Is Up Today
Shares of luxury jeweler Tiffany & Co. (NYSE: TIF) have jumped today, up 6.7% as of 3:30 p.m. EDT, after luxury conglomerate LVMH Moet Hennessy (OTC: LVMHF) backed off its threat to renegotiate the
Why Avis and a Bankrupt Rival Are Soaring Friday
Shares of Avis Budget Group (NASDAQ: CAR), a vehicle rental company, bounced as much as 18% higher Friday. This came after a surprisingly positive jobs report electrified the markets, and investors
Why Macy's and Other Retail Stocks Are Trading Higher Today
Shares of consumer-discretionary retail operators were trading higher on Friday on growing investor optimism after new data indicated that the unemployment rate in May was better than expected.
Charged Up About Fuel Cell Vehicles in China, Toyota Forms New Joint Venture
While it's not a road that many automakers have traveled far down, Toyota Motor (NYSE: TM) is driving ahead in the development of fuel cell vehicles. The company announced today that it has signed
Legend Biotech's IPO Blows Past Expectations
On Friday, Legend Biotech (NASDAQ: LEGN) became the latest biotechnology start-up to pull off a surprisingly successful initial public offering. The cell-based cancer therapy developer originally
Why Menlo Therapeutics Stock Sank Today
Shares of Menlo Therapeutics (NASDAQ: MNLO) were sinking 10.4% as of 3:20 p.m. EDT on Friday after dropping as much as 14% earlier in the day. The decline came after the company announced the
SeaWorld Makes a Splash After Getting the Thumbs-Up to Reopen June 11
People hankering for the fun of watching sea lions, orcas, or dolphins performing in a marine mammal show after spending several months in COVID-19 lockdown may have their chance as early as next
Why Shares of Boeing and Its Suppliers Are Climbing Today
Airline stocks left for dead just a month ago are now soaring higher on the early signs of a post-pandemic recovery, and the elation sweeping through the sector is affecting shares of Boeing (NYSE:
Why Michaels Stock Gained Again Today
Shares of Michaels Companies (NASDAQ: MIK), the arts-and-crafts retailer, were gaining for the second day in a row today, this time lifted by the May employment report that smashed expectations and
Why Mall REITs Macerich, Simon, Tanger, and Penn REIT Jumped on June 5
Shares of mall real estate investment trust (REIT) Macerich (NYSE: MAC) rose as much as 25% in early Friday trading on Wall Street. Following along were peer Pennsylvania REIT (NYSE: PEI), industry
Why Slack Stock Plunged Today
Shares of Slack Technologies (NYSE: WORK) plummeted on Friday, following the release of its first-quarter earnings results.
As of 2:55 p.m. EDT today, Slack's stock was down more than 13% after
Why Oil Drilling Stocks Are Gushing Higher Today
A lot of oil stocks are surging today, with one category -- oil drillers -- seeing some of the biggest gains. As of 1:56 p.m. EDT on Friday, the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) was up 2.8%
Why Canada Goose Stock Fell 18% Last Month
Shares of outerwear maker Canada Goose (NYSE: GOOS) lost 18.2% in May, according to data from S&P Global Market Intelligence. The sharpest drop of the month was a 6.5% single-day decline based on
Why General Motors Stock Is Rising Today
Shares of General Motors (NYSE: GM) were moving higher on Friday, on new signs that the economy might be recovering from coronavirus-induced disruptions more quickly than had been expected.
As of
Gap Says Reopened Stores Have Already Recovered 70% of Last Year’s Sales
A silver lining in Gap's (NYSE: GPS) otherwise dour first-quarter earnings report yesterday was that sales at already opened stores have recaptured 70% of last year's numbers.
CFO Katrina O'Connell
Why Movie Theater Stocks Soared Today
Movie theater stocks including AMC Entertainment (NYSE: AMC), Cinemark Holdings (NYSE: CNK), Marcus (NYSE: MCS), and National Cinemedia (NASDAQ: NCMI) were all moving higher today after the May