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Dow Jones Down Slightly as Microsoft Launches New Cloud Services; Walmart+ Forecast Calls for 10 Million Subscribers
After suffering a steep decline to start the week, the Dow Jones Industrial Average (DJINDICES: ^DJI) continued heading lower on Tuesday. The Dow was down 0.26% at 1:10 p.m. EDT today
Why Aurora Cannabis Stock Is Flying High Today
Shares of Aurora Cannabis (NYSE: ACB) were flying 18.5% higher as of 1:26 p.m. EDT on Tuesday. There were two likely factors behind the big gain. Jefferies analyst Owen Bennett upgraded Aurora to
Here's Why Healthcare Stocks Are Falling This Week
The future of Obamacare became murkier this week with the passing of longtime Supreme Court Justice Ruth Bader Ginsburg, who affirmed the constitutionality of various parts of the Affordable Care
Why Kingsoft Cloud Stock Plunged Today
Shares of Kingsoft Cloud (NASDAQ: KC) have plunged today, down by 11% as of 12:05 p.m. EDT, after the company announced a secondary offering. Kingsoft Cloud separately reported a new strategic
Activist Hedge Fund Takes a Stake in Comcast
Activist investor Trian Fund Management has taken a $900 million stake in cable TV and entertainment titan Comcast (NASDAQ: CMCSA). The hedge fund is best known for agitating for change at companies
Why CleanSpark Stock Fell on Tuesday
Shares of CleanSpark (NASDAQ: CLSK), a $250 million energy software company, fell on Tuesday. The stock fell as much as 15.1% in morning trading; as of 12:30 p.m. EDT, it was down about 13%.
The
FDA Accepts Application for Bristol-Myers Squibb and bluebird bio's Multiple Myeloma CAR-T Therapy
A novel approach to multiple myeloma treatment developed by Bristol-Myers Squibb (NYSE: BMY) and bluebird bio (NASDAQ: BLUE) took an important step toward commercialization on Tuesday when the Food
Why DiamondPeak Holdings Stock Just Dropped 10%
Shares of DiamondPeak Holdings (NASDAQ: DPHC), the special-purpose acquisition company (SPAC) that intends to take electric-vehicle (EV) maker Lordstown Motors public later this year, are in the
Is Polaris Stock a Buy After Pandemic Drove Demand for Boats and Motorcycles Higher?
While everyone initially hunkered down during the coronavirus pandemic, not knowing how the crisis would play out, six months into the outbreak and people are more than ready for their lives to
August Existing Home Sales Surge to Highest Level Since 2006
Existing home sales climbed 2.4% in August to a seasonally adjusted annualized rate of 6 million units, as record-low mortgage rates continue to help fuel strong housing demand.
Sales were up 10.5%
Judge Fast-Tracks Tiffany Lawsuit Against LVMH
On Monday, a judge fast-tracked Tiffany & Co.'s (NYSE: TIF) lawsuit against LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) over the quickly crumbling $16 billion merger agreement between the two, but
Why Pinterest Stock Was Gaining Today
Shares of Pinterest (NYSE: PINS) were gaining today, even though there was no specific news on the image-discovery company. One potential driver of today's move higher may be that Pinterest is now
Why Kratos Defense Shares Are Falling Today
Shares of Kratos Defense and Security Solutions (NASDAQ: KTOS) traded down nearly 10% on Tuesday after the defense company was downgraded by J.P. Morgan. The stock has had a strong run over the past
Why Microsoft Paid $7.5 Billion for the Maker of Doom and Fallout
Microsoft (NASDAQ: MSFT) recently agreed to buy privately held ZeniMax Media for $7.5 billion in cash. ZeniMax's core subsidiary, Bethesda Softworks, publishes popular video game franchises like
Tesla Weighs on Nasdaq -- Will Investors Believe Musk This Time?
The stock market has been on edge, and that showed up in the way that major market benchmarks moved early Tuesday. For the Nasdaq Composite (NASDAQINDEX: ^IXIC), the news was a little bit better
Why Carvana Stock Is Soaring Today
Shares of used-car specialist Carvana (NYSE: CVNA) are soaring today, up 30% as of 11:45 a.m. EDT, after the company issued an exciting business update for the upcoming third quarter of 2020. In
These 2 Unlikely Winners Are Up 20%-Plus on a Gloomy Stock Market Day
The stock market has been on edge throughout September, and Tuesday started off with the same kind of volatility we've seen all month long. Stocks initially moved higher in an attempt to rebound
Will Taking a Cruise Ever Be Fun Again?
There's been a lot of talk about when cruise ships will start sailing again, but not a lot of chatter about what the experience will be like. With the Centers for Disease Control and Prevention
Why Vroom Stock Is Zooming 15% Higher Tuesday Morning
Shares of Vroom (NASDAQ: VRM), a used vehicle e-commerce platform offering a digital approach to buying used vehicles, jumped as much as 15.2% higher Tuesday morning after competitor Carvana
Why Matador Resources Stock Rallied as Much as 10% at the Open Today
Shares of U.S.-focused exploration and production company Matador Resources (NYSE: MTDR) rose as much as 10% in the first hour of trading today. A bit of that investor enthusiasm probably arose
Brookfield Property Is Laying Off 20% of Its Retail Workforce
Brookfield Property (NASDAQ: BPY) (NASDAQ: BPYU) plans to lay off 20% of its retail-related workforce, according to a report by CNBC. The global property owner, which has more than 170 retail
Why Westport Fuel Systems Stock Just Crashed 22%
Four days ago, news that Westport Fuel Systems (NASDAQ: WPRT) had won Chinese certification of a new "HPDI 2.0" natural gas engine technology sent the stock soaring nearly 39% in a single day.
Four
Coca-Cola Is Poised for a 2021 Hard Seltzer Launch
The first half of 2021 will see Coca-Cola (NYSE: KO) venture back into the world of adult beverages in the United States for the first time in four decades with the launch of a new hard seltzer
2 Reasons to Sell Eastman Kodak Stock
Shares in Eastman Kodak (NYSE: KODK) have been resuscitated after an internal probe found no evidence of insider trading before the announcement of a $765 million defense production loan to help the
Why Blink Charging Stock Just Charged Ahead 15%
Shares of Blink Charging (NASDAQ: BLNK) are on a tear today, up 15% through 11 a.m. EDT on an announcement from the electric-vehicle (EV) charging network that it has sold or deployed 539 charging


