News
Why Airline Shares Are Falling Today
On Monday morning airline investors were greeted with both good news and bad. Wall Street was more focused on the bad, sending airline shares falling in Monday trading.
Leading the push downward
Nike Continues Drawing Bullish Analyst Predictions
Athletic shoe and sportswear leader Nike (NYSE: NKE) continues to draw positive attention from Wall Street analysts after turning in robust second-quarter fiscal 2021 sales last Friday. Today
Quidel Rapid Antigen Test for COVID-19 Wins Authorization
Diagnostic healthcare specialist Quidel (NASDAQ: QDEL) today announced it has received Emergency Use Authorization from the Food and Drug Administration for a rapid COVID-19 antigen test that
Tesla Leads Nasdaq Lower; Here's How the Nasdaq-100's Newest Stocks Fared
The stock market moved lower on Monday morning, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) having been down as much as 230 points at its worst levels. By just before 1 p.m. EST, however, the
Why Roku Stock Climbed to All-Time Highs Today
Shares of Roku (NASDAQ: ROKU) have climbed as much as 5% to hit all-time highs today. A bearish Wall Street analyst increased his price target, and news of a new strain of COVID-19 that is
Why Nike Stock Was Climbing Today
Shares of Nike (NYSE: NKE) were moving higher after the sportswear giant turned in another strong earnings report Friday evening. Nike again topped estimates on the top and bottom lines, showed off
Wells Fargo to Sell Student Loan Portfolio to PE Firms
Wells Fargo (NYSE: WFC) has announced the sale of its private student-loan portfolio in the first of what could be several divestitures for the bank in the coming months.
The bank did not disclose
Why Intel and AMD Stocks Dipped Today
Shares of both Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD) sank in early trading Monday, and remain in the red at 1 p.m. EST -- down 3% and 3.2%, respectively.
The declines come in
Nordcloud to Become the Latest Hybrid Cloud Acquisition for IBM
The hybrid cloud acquisitions continue for IBM (NYSE: IBM) as it announced today that it would buy Nordcloud, a Finnish company that is a leader in cloud implementation, application transformation
Why JPMorgan Stock Jumped Today
JPMorgan Chase's (NYSE: JPM) stock price climbed on Monday after the bank announced a $30 billion share repurchase program. As of 12:40 p.m. EST, the financial services giant's share price was up
Why uniQure Stock Is Tanking Today
Shares of the gene therapy company uniQure N.V. (NASDAQ: QURE) are down by a noteworthy 16% as of 12:33 p.m. EST Monday. The biotech's shares are tanking today in response to a clinical hold by the
Why Triterras Stock Soared Today
Shares of Triterras (NASDAQ: TRIT) have soared today, up by 14% as of 12:20 p.m. EST, after the company announced that CEO Srinivas Koneru is planning to purchase more shares in the open market
Why CURO Group Holdings Dropped 13% Today
Shares of CURO Group Holdings (NYSE: CURO) are down 13% as of 12:50 p.m. EST on Monday. But holders of the stock probably aren't complaining after the stock soared almost 90% in Friday's session.
Apple Closes All California Stores Due to Spike in COVID-19 Cases
Amid a spike in COVID-19 cases in California, Apple (NASDAQ: AAPL) announced on Saturday that it was closing all of its stores in the state. And as a new strain of the coronavirus sprouted up in
Why Magnite Stock Is Soaring Again Today
Shares of advertising-technology company Magnite (NASDAQ: MGNI) were gaining again on Monday after the company received an upgrade from a prominent analyst. As of 1 p.m. EST, Magnite stock was up
Ford Poised to Soar 34% Higher, Says Analyst
Ford (NYSE: F) can't compete with the performance of market darlings like electric vehicle maker NIO (NYSE: NIO), which has soared 1,000% this year. But the old-line automaker has held its own
Online Dating Heats Up: Bumble Files Confidentially for IPO
Bumble, the female-centric dating app, has filed a confidential S-1 with the Securities and Exchange Commission in the earliest steps toward its initial public offering (IPO), as first reported by
SolarWinds Stock Jumps Despite Downgrades
Shares of SolarWinds (NYSE: SWI) have jumped today, up by 14% as of 11:50 a.m. EST, despite receiving multiple downgrades from Wall Street. Truist Securities and Baird both downgraded SolarWinds
Dow Jones Slumps Despite Stimulus Bill; Nike Stock Soars After Earnings; IBM Acquires Cloud Company
A stimulus bill is likely to pass Congress on Monday, but the stock market may be more concerned about a new strain of COVID-19 detected in the U.K. The Dow Jones Industrial Average (DJINDICES:
Why NantKwest Is Jumping Today
Shares of the cancer immunotherapy company NantKwest (NASDAQ: NK) are up by a healthy 36.6% as of 11:20 a.m. EST Monday morning. The biotech's shares are moving north today for two key reasons:
Markets Are Falling Monday -- But These 5 Stocks Are Looking Up
The stock market moved sharply lower on Monday morning, as market participants reacted negatively to news from around the world of a new mutation of the coronavirus that has prompted another round
Why Plug Power and Bloom Energy Stocks Popped Today
Shares of Plug Power (NASDAQ: PLUG) and Bloom Energy (NYSE: BE), the twin titans of the hydrogen revolution, popped higher this morning, both buoyed by positive analyst commentary out of Morgan
Better Buy: Beyond Meat vs. Darden Restaurants
Beyond Meat (NASDAQ: BYND) and Darden Restaurants (NYSE: DRI) have both been affected by the COVID-19 pandemic this year. Beyond Meat's meteoric growth decelerated as the crisis throttled its orders
Why Luminar Technologies' Stock Is Higher Today
Shares of lidar-sensor maker Luminar Technologies (NASDAQ: LAZR) were sharply higher on Monday morning, on upbeat notes from Wall Street analysts after a sharp "false alarm" sell-off last week.
As
Why Tesla Stock Fell Sharply on Monday
Shares of Tesla (NASDAQ: TSLA) fell sharply on Monday. The stock declined as much as 6.3%. As of 11:00 a.m. EST, however, the stock was down 5.1%.
The growth stock's decline follows S&P Global's