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…
May 15, 2024
“Shares of Novavax closed nearly 50% higher on Monday as Wall Street cheered the company’s new multibillion-dollar deal with French drugmaker Sanofi that sparked a dramatic turnaround for the struggling vaccine maker. Novavax’s stock almost doubled on Friday after it announced the licensing agreement with Sanofi. Novavax on… Continue Reading…
May 9, 2024
“Real estate investor, Grant Cardone, issued a warning on May 5th regarding the stock market, posting on X: “WARNING: Stock Market is due for 50% correction taking S&P below 2674. Tens of millions of households will have their retirement & savings… Continue Reading…
May 1, 2024
“Warner Bros. Discovery shares have slumped since the media and entertainment company was created two years ago, but that hasn’t dented its chief executive’s pay. Last year, CEO David Zaslav received pay valued at $49.7 million, a 27% increase from 2022, the… Continue Reading…
April 16, 2024
“Shares of Globe Life rebounded 20% Friday after sinking 53% Thursday following a short seller report alleging multiple instances of insurance fraud…” https://www.cnbc.com/2024/04/12/globe-life-shares-rebound-after-plummeting-over-50percent-thursday.html Following controversy is a good way to make money in stocks. The only problem is getting to the stock early enough. Scandals are… Continue Reading…
April 1, 2024
“…Lee recently told CNBC that the small-cap Russell 2000 could soar 50% this year. That implies identical upside in the Vanguard Russell 2000 ETF (NASDAQ: VTWO). What makes that forecast particularly intriguing is that some Wall Street analysts see substantial downside in the large-cap… Continue Reading…
March 28, 2024
“Turkey’s central bank on Thursday raised its key interest rate, the one-week repurchase rate, from 45% to 50%, citing the continuing need to counter climbing inflation in the country… Turkish annual consumer price inflation soared to 67% in February, fueling concerns that… Continue Reading…
March 27, 2024
“Thanks to rising home prices and elevated mortgage rates, it’s now cheaper to rent than it is to buy a home in all of America’s biggest metropolitan areas, according to a new report by Realtor.com. In its February monthly rent… Continue Reading…
March 25, 2024
“…Over the past year, Chipotle stock has gained an impressive 74%, but that’s just the beginning. For those lucky enough to get in on its IPO in early 2006, the stock has soared from $22 to roughly $2,798, a mind-boggling… Continue Reading…
February 26, 2024
“Shares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company’s first mission completed further milestones as it approached the moon. Intuitive Machines’ stock surged as much as 65% in trading Tuesday to an… Continue Reading…
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