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BioCryst Pharmaceuticals Jumped Higher Today; Here's Why Investors May Be Wrong
Shares of BioCryst Pharmaceuticals (NASDAQ: BCRX) are up 9% at 2:00 p.m. EDT after the biotech increased the number of COVID-19 patients expected to enroll in its phase 1 clinical trial. The study
Don't Be Fooled: Luckin Coffee's Chairman Is Still in Control After "Ousting"
On July 5, Luckin Coffee (OTC: LKNC.Y) Chairman Charles Lu was seemingly ejected, along with three other directors, from the board of Luckin, the embattled Chinese coffee retailer that was recently
Why Shares of ServiceNow Rose 43.5% in the First Half of 2020
Shares of cloud enterprise software company ServiceNow (NYSE: NOW) rose 43.5% in the first half of 2020, according to data from S&P Global Market Intelligence. The cloud IT company rose along with
Zoom Video Launches 'Hardware as a Service'
Shares of videoconferencing superstar Zoom Video Communications (NASDAQ: ZM) are sagging in afternoon trading Tuesday, down a fraction of 1% -- but the news today isn't actually bad at all.
This
The Treasury Department Announces a Second Round of Airline Loans
Five more U.S. airlines have signed letters of intent to accept federal aid under the CARES Act, CNBC reports. The Treasury Department previously announced agreements with the first group of
Why NIO Stock Is Up Again Today
Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were up sharply on Tuesday afternoon, as investors continued to react positively to an upbeat June sales report.
As of 2 p.m. EDT, NIO's
AT&T Expanding 25% Discount to More Customers
AT&T (NYSE: T) is giving new customers a break on certain wireless plans. The sprawling telecom announced on Monday that it has expanded a 25% discount program to include doctors, nurses, and
Walmart Launching Subscription Service for Less than $100 a Year
Retail giant Walmart (NYSE: WMT) is launching a subscription program later this month. The Walmart+ membership program will include fuel discounts, same-day shipping at no additional cost, and other
Gap Tries Business-to-Business Face Mask Sales
Gap (NYSE: GPS) has commenced a new business-to-business program supplying companies and organizations with face masks, hoping to add some cash to its coffers.
Gap has had a tumultuous year, and not
Why ASML Holding N.V. Stock Was Up 12% in June
Shares of lithography-solutions company ASML Holding N.V. (NASDAQ: ASML) rose 11.6% in June, according to data provided by S&P Global Market Intelligence. Not much happened with the company during
Wyndham Hotels to Open Its First Locations in Nepal and Bhutan
With properties in approximately 90 countries worldwide according to its own figures, Wyndham Hotels & Resorts (NYSE: WH) said today it plans to open hotels in two more nations where it has had no
Monster Beverage Prepares to Jump Onto the Hard Seltzer Bandwagon
Monster Beverage (NASDAQ: MNST) is looking to enter into a partnership with a major beer distributor to develop a new hard seltzer brand. Stifel Nicolaus analyst Mark Astrachan told clients in a
Philip Morris Gets FDA Approval to Market Its 'Heatsticks' as 'Reduced Exposure'
In a potential win for international tobacco titan Philip Morris (NYSE: PM), the FDA approved its "heatsticks" and the associated electronic IQOS device for marketing as a "reduced exposure" tobacco
Why Universal Display Shares Fell 27% in the First Half of 2020
Shares of Universal Display (NASDAQ: OLED) fell 27.4% in the first half of 2020, according to data from S&P Global Market Intelligence. The stock generally followed the market through the COVID-19
Why MaxLinear Stock Popped Today
Shares of MaxLinear (NYSE: MXL) have popped today, up by 14% as of 12:20 p.m. EDT, after the company raised its guidance for the second quarter. The analog chipmaker said it is benefiting from the
Why Shares of DraftKings Plunged 16.2% in June
Shares of DraftKings (NASDAQ: DKNG) fell 16.2% in June, according to data provided by S&P Global Market Intelligence, as shares took a breather from a long run higher. But this remains one of the
4 Tough Tasks for Pinduoduo’s New CEO
Pinduoduo (NASDAQ: PDD) CEO Colin Huang recently stepped down and handed the reins over to his chief technology officer Chen Lei. Chen, who co-founded Pinduoduo with Huang in 2015, has held the CTO
Why Micro Focus International Stock Got Crushed Today
Shares of U.K.-based technology company Micro Focus International (NYSE: MFGP) got crushed on Tuesday morning after it provided interim results for the six-month period that ended April 30
These 3 Stocks Are Absurdly Overvalued Right Now
Lockdown measures to limit the spread of COVID-19 have boosted the consumption of online services over the last several months. Many companies exposed to this trend are poised to thrive, but their
Genius Brands Isn't as Smart as It Thinks It Is
When you take on the role of being your own hype machine, no one should be surprised when reality falls short of the promise. Shares of Genius Brands (NASDAQ: GNUS) plummeted 25% on Monday and
How a COVID-19 Second Wave Could Affect Stimulus Checks
The U.S. experienced a record number of new COVID-19 cases in early July, according to the Centers for Disease Control and Prevention (CDC), indicating that a second wave of the pandemic is on the
The Stock Market Is Bouncing as Biotechs Climb on Coronavirus Vaccine Deals
The stock market has performed well lately, with even occasional downturns often reversing course quickly. That's what investors saw on Tuesday morning, as all three major market benchmarks started
Is Sirius XM Stock the New King of All Media?
Sirius XM Holdings (NASDAQ: SIRI) is reportedly going shopping again. The satellite radio giant is making a play to acquire podcasting hub Stitcher from Scripps (NASDAQ: SSP), according to a Wall
Why Federal Realty Stock Lost a Third of Its Value in the First Half of 2020
Shares of retail-focused real estate investment trust (REIT) Federal Realty (NYSE: FRT) fell 33% through the first six months of 2020, according to data from S&P Global Market Intelligence. At the
Here's Why Square Stock Is Soaring to a Fresh All-Time High on Tuesday
The stock market gave back some of Monday's gains on Tuesday, but if you looked at a quote of Square's (NYSE: SQ) stock price, you'd never know it.
As of 10:40 a.m. EDT, Square's stock was trading


