Gilead Sciences stock was climbing Friday on hopes that it would get into the obesity-drug game. GLP-1s, the technical name for the popular obesity drugs, has been one of the biggest drivers of pharmaceutical stocks in recent months. Which may be why Gilead stock has gained 2.8% to $64.55 in afternoon trading Friday after Jefferies released a note late Thursday night.
An “upscale McDonald's” is a luxury many can't afford, he says.
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The Canadian dollar edged higher against its U.S. counterpart on Monday as investors awaited further insight into the Bank of Canada's move to cut interest rates and after speculators raised their bearish bets on the currency to a record high level. As of June 11, non-commercial accounts had increased their net short positions in the Canadian dollar to 129,493 contracts from 91,639 in the prior week, data on Friday from LSEG and the U.S. Commodity Futures Trading Commission showed.. "The jump in Canadian dollar shorts is a cyclical trade," said Adam Button, chief currency analyst at ForexLive.
FEATURE Nvidia stock was trading down slightly Monday. The chip maker has been getting more price-target upgrades on Wall Street. Nvidia shares fell 0.6% at $131.07 on Monday. The stock closed up 1.
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55% are worried about their personal and day-to-day family finances
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Fisker an electric-vehicle start-up that attempted to follow in Tesla footsteps, filed for bankruptcy. It becomes the latest battery-powered car start-up to seek protection from creditors, following Lordstown Motors and Arrival as the electric-vehicle stock bubble is bursting. Founder Henrik Fisker successfully raised more than $1 billion from investors, but was unable to steer a path to profitability for the company.
Investors who hold Chipotle stock at the end of trading Tuesday will be recorded for company's stock split. Here's what to know about the next steps.
CFRA's Sam Stovall said history suggests the S&P 500 could slump as much as 12% before notching further gains later this year.
The S&P 500 risks as much as an 86% crash when the "bubble of all bubbles" burst, one economist warned.
The arrangement the CEO has set up should allow his three children to exercise considerable sway at the conglomerate after his death.
Tesla shareholders on Thursday confirmed they want Elon Musk to get a massive record pay package for running Tesla for the last six years. The question now is, how much will he get going forward?
CREA predicts this could be the last slow month now that interest rates are moving lower
A 55-year old man reduced signs of Alzheimer’s in his blood through lifestyle changes and a personalized regime of supplements and medications.
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