Stock Market

The provider of preclinical and clinical laboratory services for the pharmaceutical, medical device, and biotechnology industries, Charles River Laboratories (CRL), has agreed to acquire Vigene Biosciences for a cash consideration of about $292.5 million. Vigene is a U.S.-based gene therapy contract development and manufacturing organization (CDMO) that provides vector-based gene delivery solutions. Apart from the

Take a look at some of the biggest movers in the premarket: AT&T (T), Discovery (DISCA) – AT&T and Discovery announced a deal to combine Discovery with AT&T’s WarnerMedia unit. The combination would be co-owned by current shareholders of both companies, and would create a new stronger streaming video challenger to the likes of Netflix

by Michael Snyder If you were running a country and somebody decided to fire close to 3,000 rockets at your cities, what would you do?  I know what I would do, and it wouldn’t be pretty.  Every nation on the entire planet has a right to self-defense, but right now Israel is being savagely attacked

Palantir Technologies (PLTR), which is a top provider of analytics and AI (artificial intelligence) services and technology, saw its stock drop ten days in a row prior its earnings report this past week. Of course, this is nothing new for high-growth stocks lately. Wall Street has been dumping most of these securities. Palantir stock did

by Michael Snyder The megadrought that has almost the entire western half of the country in a death grip is starting to become extremely painful.  In some areas, irrigation water is being totally cut off for farmers, and that is going to result in a totally lost year for many of them.  Without water, you

Let’s talk a bit about growth and potential. The two are not always the same thing, but they both are vital for successful investing. The aim of all stock investments, after all, is to achieve growth – and that means finding stocks with the highest potential. It’s natural to gravitate toward the headline-grabbing, big-name giants;

As far as Chinese technology stocks go, Baidu (BIDU) is one of the most oft-considered stocks out there. Often called the “Google (GOOGL) of China,” Baidu remains a top pick for growth-hungry tech investors looking outside of America for growth in this arena. Indeed, Baidu has been quite the growth gem for investors over the

Shares of SNC-Lavalin Group Inc (SNC) jumped more than 15% in early trading Friday after the company posted a profit in its third quarter, driven by higher profits in professional services and project management. Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices worldwide. Profit attributable to shareholders

Shares of Sierra Wireless Inc (SW) rose as much as 10% on Friday morning after the company reported a better-than-expected adjusted profit in its first quarter. Sierra Wireless provides IoT solutions that combine devices, network services, and software to unleash value in the connected economy. Total revenue came in at $108.1 million for the quarter

As with almost everything, timing is an important factor in the stock market. For instance, last year if your business was an e-commerce platform and you were taking it public just as the pandemic hit, chances are the stock could have caught a ride on investors’ love of all things related to online shopping. However,

by Charles Hugh-Smith The Fed has created trillions out of thin air to boost the speculative wealth of Wall Street, but it can’t print experienced workers willing to work for low wages. The Federal Reserve is reassuring us daily that inflation is temporary, but allow me to assure you that wage inflation is just getting started and

If there was one coronavirus stock you wanted to back in 2020, it was Novavax (NVAX). The small vaccine maker accrued huge share gains as it went toe to toe with bigger pharma companies in the race to bring a Covid-19 vaccine to market. But while its candidate NVX-2373 has shown excellent results in clinical

Investors will see whether stocks carry their newfound momentum into the week ahead, as major retailers, including Walmart and Home Depot, report earnings and housing data dominates the calendar. The Federal Reserve may also play a role. Minutes from its last meeting will be released Wednesday, and after April’s hotter than expected consumer and producer

by Shaun Richards The issue of money and what it is considered to be has been something that has undergone quite a few changes in the credit crunch era. For example back then many would have described Quantitative Easing (QE) bond purchases as printing money and therefore being directly inflationary. Whereas we have learnt over

Inovio Pharmaceuticals (INO) has been playing catch up in the Covid-19 vaccine race for a while now. One of the early frontrunners, the biotech has been unable to get its DNA Covid-19 vaccine INO-4800 to Phase 3 testing yet. However, Oppenheimer’s Hartaj Singh thinks the latest update should change all that. Earlier this week, Inovio

The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines in midday trading. Disney — The media giant’s share price sank more than 3% after it missed revenue and streaming subscriber estimates. Disney earnings

by Stucky I hate Fred Reed. I hate China. I hate this article.  Because Fred Reed is correct. China is supposedly going to overtake America as the world’s economic superpower in the not so distant future, they say. I say “supposedly” because when you read this article you just might find yourself wondering, as I did

Shares of the electric vehicle company Fisker Inc. (FSR) have jumped more than 15% in the pre-market trading session after it entered into an agreement with Foxconn to jointly develop and manufacture a new electric vehicle under Project PEAR (Personal Electric Automotive Revolution). The new vehicle which will be sold under the Fisker brand will

Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts. DoorDash (DASH) –

Tether has released a statement showing their monetary allocations. This isn’t the actual legal document requested by the NYAG. This is something else. So…per Tether:The majority of its assets are in ‘commercial paper’. Aka IOU’s. Since Tether also owns Bitfinex, it seems Tether prints, then hands them over to Bitfinex for an IOU promissory note.

Commodity prices are on the rise. The price of steel, for instance, is up by 10% since the start of April and has increased by more than 100% year-over-year. Freight costs have also surged – ocean freight is up by over 145% in the past year and truck freight costs have increased by over 30%.

In this article ABNB COIN DIS Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Disney — Disney shares slipped more than 3% after the company’s

by Michael Snyder The next Middle East war has begun.  Israel has sent troops over the line into Gaza, and Israeli officials are telling us that they will be there for as long as it takes.  Ultimately, the Israeli government didn’t have much of a choice.  Hamas had already fired more than 1,600 rockets into

Shares of Home Capital Group (HCG) rose more than 6% Thursday after the company reported substantial growth in net income in its first quarter. The Toronto-based company provides deposit, mortgage, and retail credit services in Canada. Net income was C$64.5 million (C$1.24 per share) in Q1 2021, an increase of 138.5% from C$0.52 per share

Canada Goose parkas hang on display at a store in Richmond Hill, Ontario. Chris So | Toronto Star | Getty Images Check out the companies making headlines in midday trading.  Canada Goose — Shares of the retailer slid 6% despite beating analysts’ earnings expectations. Canada Goose reported earnings of 1 cent per share, compared to

by: Mike Adams (Natural News) Elon Musk just ignited a firestorm of controversy when he announced Tesla would not longer accept Bitcoin due to the environmental concerns related to Bitcoin mining and its gargantuan energy consumption. The pro-Bitcoin community erupted in a fierce backlash, claiming that most of Bitcoin’s energy usage comes from renewables, and

Chinese smart electric vehicle provider XPeng Inc. (XPEV) announced its Q1 results. Total vehicles delivered by the company jumped about 487% to 13,340 from 2,271 in the corresponding period of the previous year. On the back of deliveries of the P7 model, total revenue increased 616.1% year-on-year to $450.4 million and came in ahead of

Take a look at some of the biggest movers in the premarket: Vroom (VRM) – Vroom stock jumped 11% in the premarket after it reported a smaller-than-expected loss for its latest quarter. The online used-car retailer’s revenue beat estimates as demand surged. Consumers are turning to used cars as the global chip shortage crimps production

by Michael Snyder Our enemies now understand that you can completely paralyze America by taking out just a handful of pipelines.  Even though all of us knew that any gasoline shortages were just going to be temporary, the shut down of the Colonial Pipeline caused a frenzied wave of “panic buying” all along the east coast.  But

Sometimes, a new technology will change the world forever. 5,000 years ago, a nameless Sumerian started marking clay tablets with a stylus, and invented writing; a little over three centuries ago, the steam engine took its place in our lives; early in the last century, Henry Ford came up with the assembly line. There’s no