Shares of Myovant Sciences rose 27% on Monday, after its parent Sumitovant Biopharma unveiled an agreement with Pfizer Inc. to jointly develop prostate cancer and a treatment for women’s health, including The …
Read More »Coronavirus virus update: US average 150,000 COVID-19 cases a day, experts warn of pending ‘humanitarian catastrophe’
The global case for the coronovirus disease COVID-19 climbed to over 54.5 million on Monday, while the US raised more than 11 million after adding 1 million new cases in six days, …
Read More »Trump is not going quietly and fiscal stimulus will not come easily, but investors have big things to worry about.
2020 has already been a year for the record book, and some parts still have the hardest parts ahead. One of the most controversial elections in recent US history has finally ended, …
Read More »Aurora Cannabis Climbs 34% to Lead Fuel Stock Rally Led by Biden in Presidential Race
Aurora Cannabis led a strong rally in the cannabis sector on Thursday, with Democrat Joe Biden leading the presidential election race and hoping that an administration led by him would achieve banking …
Read More »You should not believe that this is all about the stock market bubble – here’s why
I say this because I do not think there are equity overvalues. I do, as I mentioned last week. But the only statistical model I know of that is capable of forecasting …
Read More »The Dow sinks 360 points as investors process Fed policy and lack of economic reports
US stocks traded sharply lower at the start of Thursday as investors digested the Federal Reserve’s economic outlook and its decision to keep benchmark interest rates at supercoil levels for at least …
Read More »Dow aims to expand profits as investors await Apple event, fresh economic data and start of Fed meeting
US stocks were strongly indicated early Tuesday, putting them on track for another season of sequential gains in equities, as the Federal Reserve prepares to close its two-day policy meeting and as …
Read More »The IPO market is poised for the busiest week since May of 2019 – Uber’s IPO week – with 12 deals on tap
The US initial public offering market is set to have its busiest week since May of 2019, when Uber Technologies Inc. went public, with 12 deals expected to raise $ 6.8 billion. …
Read More »The Dow is up 439 points as the stock halts the three-day stock on heavy technical purchases
US stocks recorded sharp gains on Wednesday, triggering a three-day selloff that brought the Nasdaq Composite a day earlier to record the fastest pace in history since last week’s record high. On …
Read More »The S&P 500 has added three companies named Tesla, which are sending car company’s shares down
Three new names will be added to the S&P 500 index, but none of them are Tesla Inc. The S&P Dow Jones Indics announced Friday afternoon that it would add three companies …
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