August 12, 2024
“Lumen Technologies… shares soared after the telecommunications company said it had secured $5 billion in new deals. And there’s a raft of other positive news that seems to be driving the stock… Lumen shares were up 43% in Wednesday’s premarket. The… Continue Reading…
August 12, 2024
“CervoMed (CRVO) The first Morgan Stanley pick we’ll look at is CervoMed, a clinical-stage medical research firm specializing in neurodegenerative diseases and conditions… Overall, the analyst expects positive clinical results and rates CRVO an Overweight (i.e., Buy). His $35 price… Continue Reading…
August 12, 2024
“SoftBank Group shares tanked nearly 19% on Monday amid a global sell-off, wiping off billions of dollars from founder Masayoshi Son’s fortune. On Monday, Son’s net worth fell by $4.6 billion alone, according to the Forbes real-time billionaires list. Monday’s… Continue Reading…
August 8, 2024
“Warren Buffett sent shockwaves through the investing world over the weekend by slashing his big Apple stake by half, causing the tech stock to crater on Monday amid the intensifying global sell-off. Berkshire Hathaway disclosed in its earnings filing that its Apple… Continue Reading…
August 8, 2024
“Charles Schwab and Fidelity Investments have resolved technical issues with their apps, the online brokerages said on Monday, on a day users rushed to trade as markets slumped on rising fears of a U.S. recession. Some customers struggled to log… Continue Reading…
August 8, 2024
“High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell as much as 12.2% in premarket trading. The losses in the Magnificent Seven stocks were set to wipe out nearly $1 trillion from the combined market value of the… Continue Reading…
August 8, 2024
“Stocks fell sharply on Monday, with the Dow Jones Industrial Average posting its worst day in nearly two years, as worries over the health of the U.S. economy sparked a global market sell-off. The Dow dropped 1,033.99 points, or 2.6%, to end at 38,703.27.… Continue Reading…
August 7, 2024
“Amazon shares closed down about 8.7% on Friday, a day after the company reported mixed second-quarter results and gave a forecast for the third quarter that fell short of Wall Street’s expectations. Revenue in the second quarter rose 10% from a year earlier… Continue Reading…
August 6, 2024
“…The stock plummeted 26% to $21.48 at the close. It was the second worst day ever for the shares, behind only a 31% drop in July 1974, which was three years after Intel’s IPO. The company’s market cap is now… Continue Reading…
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