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Stock Market Wrap-Up: Buyout Rumors Lift Nokia; Netflix Climbs as Earnings LoomPhoto, wide shot, wide-angle lens,  Logistics company, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/a16a79c7-f73c-405d-ba63-e8d69b66ce4e.png
Stock Market Wrap-Up: Buyout Rumors Lift Nokia; Netflix Climbs as Earnings Loom

The stock market was largely mixed most of Thursday, posting a late-day push higher that brought the Dow Jones Industrial Average (DJINDICES: ^DJI) just barely out of the red. As we've seen often

Tencent Releases “Arena of Valor” In Russia and Middle East to Grow Its Mobile Game Business
Tencent Releases “Arena of Valor” In Russia and Middle East to Grow Its Mobile Game Business

On Thursday, Tencent (OTC: TCEHY) launched its popular mobile game Arena of Valor (the international version of Honor of Kings) in Russia and the Middle East, as the Chinese tech giant tries to

Nokia Stock in Play on Reported Takeover Attempt
Nokia Stock in Play on Reported Takeover Attempt

One-time Finnish tech star Nokia (NYSE: NOK) has been hit hard by the coronavirus pandemic. Nokia stock has bounced back, however, gaining roughly 43% from mid-March to mid-April.

Today, investors

Why Shares of Spirit AeroSystems Fell Today
Why Shares of Spirit AeroSystems Fell Today

Shares of Spirit AeroSystems Holdings (NYSE: SPR) lost 8.6% on Thursday as investors continue to grapple with the COVID-19 pandemic's likely impact on commercial airplane sales. Spirit, a onetime

LOVESAC CO (LOVE) Q4 2020 Earnings Call Transcript
LOVESAC CO (LOVE) Q4 2020 Earnings Call Transcript

Image source: The Motley Fool.

LOVESAC CO (NASDAQ: LOVE)Q4 2020 Earnings CallApr 16, 2020, 8:30 a.m. ET

Operator

Continue reading

Source Fool.com

Why Shares of Plantronics Are Down Today
Why Shares of Plantronics Are Down Today

Shares of Plantronics (NYSE: PLT) were down 22% on Thursday as investors had time to digest the headset and videoconferencing hardware manufacturer's updated guidance. The company in the near term

Good News for COVID-19 Testing Companies: Medicare Nearly Doubles Reimbursement
Good News for COVID-19 Testing Companies: Medicare Nearly Doubles Reimbursement

As of Tuesday, the Centers for Medicare and Medicaid Services (CMS) began paying laboratories $100 for each COVID-19 diagnostic test they conduct using high-throughput technologies to rapidly

Pizza Hut Launches Contactless Pickup, Complete With Tamper-Proof Safety Seals
Pizza Hut Launches Contactless Pickup, Complete With Tamper-Proof Safety Seals

People hankering for pizza but also seeking to keep the coronavirus at bay might want to take note of Pizza Hut's announcement of a new contactless curbside pickup service launched today. Prepared

Why Offshore Drilling Stocks Are Sinking Today
Why Offshore Drilling Stocks Are Sinking Today

Shares of companies focused on the offshore drilling industry are plunging today. Leading the downdraft was Diamond Offshore Drilling (NYSE: DO), which plummeted 38% by 2:30 p.m. EDT on Thursday.

Seeking Experts to Improve Security, Zoom Video Hires Experts Who Cut Their Teeth At Tech's Giants
Seeking Experts to Improve Security, Zoom Video Hires Experts Who Cut Their Teeth At Tech's Giants

For weeks, Zoom Video Communications (NASDAQ: ZM) stock has struggled to maintain momentum under the pressure of a flood of reports of FBI warnings -- and company bannings -- related to the

Amazon Now Wants to Sell You Less Stuff
Amazon Now Wants to Sell You Less Stuff

For the longest time, sales growth has been integral to Amazon.com's (NASDAQ: AMZN) business. Annual sales growth in North America in 2015 and 2016 was 25%, according to data from S&P Global Market

NVIDIA’s Acquisition of Mellanox Gets Nod of Approval From ChinaPhoto, wide shot, wide-angle lens,  Computer hardware manufacturer, sunset photo at golden hour, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/a130cb51-4ded-41be-b600-b83e2078ad65.png
NVIDIA’s Acquisition of Mellanox Gets Nod of Approval From China

Chinese regulators have given their approval for NVIDIA (NASDAQ: NVDA) to acquire Israeli-based Mellanox Technologies (NASDAQ: MLNX). NVIDIA announced it received the go-ahead on April 16, 2020

Chevron Exits Azerbaijan in $1.6 Billion DealPhoto, wide shot, wide-angle lens,  Coal company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.midjourneyapi.xyz/temp/2a011bdc-adca-4de9-8457-d868b31178cf.png
Chevron Exits Azerbaijan in $1.6 Billion Deal

It's finally happening. Chevron (NYSE: CVX) is selling off its investment in the oil-rich former Soviet Union nation of Azerbaijan -- and its exit couldn't come at a better time for this energy

Inovio Pharmaceuticals Lands $6.9 Million Grant to Fund a Clinical Trial for Its Coronavirus VaccinePhoto, wide shot, wide-angle lens,  Medical device manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/3a7f6312-1eee-4702-9005-93cc1e62f970.png
Inovio Pharmaceuticals Lands $6.9 Million Grant to Fund a Clinical Trial for Its Coronavirus Vaccine

Inovio Pharmaceuticals (NASDAQ: INO) has been a leader in the race to develop a vaccine for SARS-CoV-2, the novel coronavirus that causes COVID-19. The company recently started a phase 1 clinical

Why Shares of Jack in the Box Soared on ThursdayPhoto, wide shot, wide-angle lens,  Supermarket, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/12c4d93c-5c0e-4e39-8e32-e47404ce9d79.png
Why Shares of Jack in the Box Soared on Thursday

Shares of fast-food chain Jack in the Box (NASDAQ: JACK) soared on Thursday, rising as much as 21.6%. As of 3:05 EDT, however, the stock was up 19.2%.

The stock's gain follows a business update from

Abbott Labs Soars After Pandemic Buying Boosts ResultsPhoto, wide shot, wide-angle lens,  Medical device manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/3a7f6312-1eee-4702-9005-93cc1e62f970.png
Abbott Labs Soars After Pandemic Buying Boosts Results

Stay-at-home orders prompted consumers to stock up on nutrition products and customers in emerging markets were strong buyers of pharmaceuticals, helping Abbott Laboratories (NYSE: ABT) beat

Badger Meter Inc (BMI) Q1 2020 Earnings Call Transcript
Badger Meter Inc (BMI) Q1 2020 Earnings Call Transcript

Image source: The Motley Fool.

Badger Meter Inc (NYSE: BMI)Q1 2020 Earnings CallApr 16, 2020, 11:00 a.m. ET

Operator

Continue reading

Source Fool.com

Here's Why Simon Property Group and Other Mall REITs Were Plunging on ThursdayPhoto, wide shot, wide-angle lens,  Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.midjourneyapi.xyz/temp/138548fd-aba2-4b3e-b9ee-93725b372952.png
Here's Why Simon Property Group and Other Mall REITs Were Plunging on Thursday

Thursday was actually one of the calmer days in the stock market in recent memory. As of 3 p.m. EDT, the Dow Jones Industrial Average was down by 0.3% and the S&P 500 had risen by 0.2%. There were

Comcast Says Streaming Video Demand Jumped 50% in Recent Weeks
Comcast Says Streaming Video Demand Jumped 50% in Recent Weeks

Social distancing is leading to increased television time, especially for on-demand streaming services. Comcast (NASDAQ: CMCSA) said this week that it has seen soaring network traffic across its TV

Apple to Open its South Korea Retail Store This WeekPhoto, wide shot, wide-angle lens,  Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png
Apple to Open its South Korea Retail Store This Week

Apple (NASDAQ: AAPL) is gearing up to reopen its sole store in South Korea, the first retail location to return to operations outside of China since the start of the COVID-19 pandemic. 

Back in

Netflix Is Now Worth More Than Disney
Netflix Is Now Worth More Than Disney

Investors have sent Netflix's (NASDAQ: NFLX) share price soaring as demand for home entertainment has boomed amid social distancing efforts to curb the spread of the novel coronavirus. At the same

Why Rite Aid's Q4 Earnings Caused the Stock to Tank More Than 20%
Why Rite Aid's Q4 Earnings Caused the Stock to Tank More Than 20%

Rite Aid Corporation (NYSE: RAD) stock could be causing whiplash for investors this year. In less than five months, the pharmacy chain's shares have had eight double-digit-percentage swings. And now

Report: Gilead Is Considering Taking a Stake in Arcus Biosciences
Report: Gilead Is Considering Taking a Stake in Arcus Biosciences

Gilead Sciences (NASDAQ: GILD), a busy company these days, might be adding another significant investment to its agenda. An article published by Bloomberg after the market closed Wednesday, citing

Google's Video Conference App 'Meet' Now Looks Like Zoom, Integrates With Gmail, and Is Trademarked
Google's Video Conference App 'Meet' Now Looks Like Zoom, Integrates With Gmail, and Is Trademarked

It's increasingly difficult to say Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) isn't taking the work-at-home movement seriously. On Thursday, its flagship brand Google updated its video conferencing

Carnival Plans to Limit Passenger Numbers When It Starts Cruising Again
Carnival Plans to Limit Passenger Numbers When It Starts Cruising Again

Already looking forward to the moment when its vessels can weigh anchor again with fresh rosters of vacationers aboard, Carnival Corporation (NYSE: CCL) says it might reduce the number of passengers