Shares have fallen
Moderna (MRNA) shares have lost most of their growth since the start of 2021, last week's financial report was significantly worse than market analysts' forecasts and confirmed the fears of many investors.
Moderna (MRNA)'s share ...
The state of the company's stock
Shares in Beyond Meat (BYND) fell sharply in non-trading hours after the vegan meat producer disappointed investors with its financial results for the third quarter of 2021, as well as its outlook for the fourth.
Be...
Tesla shares sale
Elon Musk, Tesla's CEO and the richest man in the world, according to regulatory filings, sold more than 4.5 million Tesla shares this week, raising about $5bn. Tesla's sh...
Biggest IPO in history
Rivian's listing on the Nasdaq exchange was one of the most anticipated in 2021 investors were not disappointed. The company raised $11.9bn for its development and was valued at $85.9bn, higher than Ford's capitalisation, for ...
The company's business is not growing the way investors want it to
Disney (DIS) on Wednesday released its earnings and revenue report for the 4th quarter and full fiscal 2021 ended 2 October.
The quarterly report was worse than market analysts' for...
House sale business
Zillow Group Inc. has reached a deal to sell about 2,000 homes as part of its ill-fated demolition programme, the company's biggest wholesale sale, as it begins unloading thousands of homes and ceasing its business.
Ne...
Coinbase's earnings and revenue
The financial report from cryptocurrency exchange Coinbase (COIN) disappointed investors as Q3 2021 revenues and profits were below analysts' forecasts due to low volatility and...
Robinhood users hacked
Shares in Robinhood (HOOD) fell 3.2% in off-trade after the company reported a hacking attack that put the personal data of 5 million of its customers into the hands of attackers. Robinh...
AMD chip supplier
AMD's (AMD) stock jumped to a new high on news of a partnership with Meta (Facebook's new name), which will use AMD chips for its data centres. AMD unveiled new Instinct M...
The company's stock jumped
General Electric announced that it will be divided into 3 specialized companies in the health, aerospace and energy sectors and share prices will rise after trading.
...
Musk Sells 10% of Tesla
Tesla (TSLA) shares fell sharply on Monday after Elon Musk tweeted about selling a large stake of his stock to pay taxes. Market analysts see no reason to sell Tesla stock to retail investors, instead pointing to a good buyin...
PayPal deal with Amazon
Shares of PayPal (PYPL) fell nearly 3 percent in after-hours trading Monday after the company reported Q3 earnings below Wall Street expectations and gave a disappointing outlook.
PayPal (PYPL), the payments g...
The COVID pill
Shares of Pfizer (PFE) jumped sharply Friday, following the release of stronger efficacy results for its COVID-19 pill compared to its Merck (MRK) counterpart. Shares of other coronavirus drug makers as well as vaccine makers fell. He...
Smith & Wesson in Tennessee
Weeks after announcing the decision to move to East Tennessee, Smith & Wesson officials began construction on their future home Friday.
The groundbreaking ceremony was attended by several state and local leaders....
Weekly Schedule
U.S. inflation data for October and quarterly earnings reports from Coinbase (COIN), PayPal (PYPL), Palantir (PLTR) and Disney (DIS), as well as the Rivian IPO will be the focus of stock market participants this week.
Stocks this we...
The company's earnings and outlook
Qualcomm (QCOM) shares rose after the postmarket on Wednesday after the chipmaker achieved better-than-expected sales and revenue reports. The high sales outlook for the holiday quarter shows that Qualcomm is respo...
Game from Blizzard delayed
Activision Blizzard (ATVI) shares fell 12% in the post-market on Tuesday after the company disappointed investors with a delay in the release of two key games and a below-expected holiday quarter f...
2021 outlook
Pfizer (PFE) shares rose sharply by 4% on Tuesday after the company beat analysts' Q3 revenue and earnings estimates and raised its sales forecast for 2021. Pfizer investors are encouraged by expected sales of booster doses of COVID-19 ...
Reasons for the stock rise
Lyft's shares rose sharply on Tuesday after a 73 percent quarterly revenue increase. Lyft welcomed investors with news of the return of a director to the company's business and drivers. This allowed for continued growth du...
IPO from Rivian
Electric car startup Rivian, backed by Amazon and Ford, has filed a new Form S-1 with the SEC, with a tentative share price to go public. In the IPO, Rivian hopes to raise $8.4bn. The success of Tes...
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