Tesla Stock Today: Elon Musk’s Twins, EV Charging and What Else to Know

Text size It was revealed that Tesla CEO Elon Musk had twins last year with one of his top executives. Getty Images Shares of electric vehicle maker Tesla rose 1% in premarket trading Thursday. Here’s...

This strategist warned investors not to chase momentum at the top. Now he says it’s time to be a contrarian.

Michael Darda, chief economist and market strategist at MKM Partners, was no fan of the stock market when it was registering record highs. “Blinded by liquidity and false expectations of the proverbia...

UAE’s Healthcare Industry is Up Next to Launch Into Metaverse

The Thumbay Group will launch UAE’s first metaverse hospital shortly.  With AR and VR technology, patients can interact with doctors virtually. The healthcare firm Thumbay Group is set to launch the f...

Merck Is Now in Advanced Talks to Buy Cancer Biotech Seagen for $40 Billion

Text size New Jersey-based Merck has a market value of more than $234 billion. Michael Vi/Dreamstime Merck & Co  is in advanced talks to buy Seagen in a deal that could value the cancer biotech at...

Merck Is in Advanced Talks to Buy Seagen for Roughly $40 Billion or More

Merck & Co. is in advanced talks to acquire Seagen and is aiming to agree on a purchase of the cancer biotech in the next few weeks, according to people familiar with the matter, in a deal that co...

Fintech Company MAPay Leveraging Blockchain to Revolutionize the Healthcare Payment Market » NullTX

Healthcare technology firm, MAPay, is utilizing distributed ledger technology to solve significant healthcare payment pain points worldwide. Voorhees, NJ – July 5, 2022 – MAPay, a healthcare technolog...

Boeing and 7 More Industrial Stocks for the Second Half of 2022

Text size Industrial demand held up better than industrial stocks in the second quarter. Dreamstime The first half of 2022 was lousy for most stocks, including shares in the industrial sector. But tha...

Pfizer Raises Covid-19 Vaccine Price 27%. What It Means for the Stock.

Text size Pfizer said it has signed a deal to supply the U.S. with vaccines in the fall, while Moderna has yet to announce a sale. Jacob King – WPA Pool / Getty Images Pfizer has raised the U.S....

Supreme Court Curbs EPA’s Authority. What’s Happening To Energy Stocks.

Text size The Supreme Court ruled the EPA must get clear congressional approval before making sweeping regulations to deal with climate change. George Frey/Getty Images Coal mining and oil stocks were...

Novartis Will Cut 8,000 Jobs Under CEO’s Shake-Up Plan

Text size Vasant Narasimhan, CEO of Novartis. ERIC PIERMONT/AFP/Getty Images Pharmaceutical giant Novartis said Tuesday it will lay off more than 7% of its workforce, just a few months after CEO Vas N...

Axsome Therapeutics Stock Soars on Proposed FDA Labeling for Depression Drug

Text size Axsome is reviewing the proposed labeling from the FDA. Dreamstime Shares of Axsome Therapeutics were soaring Monday after the biopharmaceutical company announced some good news in an attemp...

NFL Player To Match Donations Up To $100K

Las Vegas Raiders defensive end Carl Nassib (94) during the second half of an NFL football game … [+] against the Philadelphia Eagles, Sunday, Oct. 24, 2021, in Las Vegas. AP Photo/Rick Scuteri ...

Merck Pushes Forward With Potential Deal for Seagen

Merck & Co. is pushing forward with a potential deal for biotech Seagen Inc., according to people familiar with the matter, in what would be one of the largest takeovers of the year. The Wall Stre...

Here’s How It’ll Impact Reproductive Healthcare — Beyond Abortion

Topline The Supreme Court overturned Roe v. Wade on Friday and gave states license to ban abortion—and many already have—which experts warn could have far-reaching and dangerous implications for treat...

Google Ventures & The Virgin Group Are Investing In Sesame, A “Superstore” For Healthcare

Healthcare is at a tipping point. Amidst a myriad of regulations, pharmaceutical pricing policies, insurance premiums and co-payments, and varying care models, navigating affordable healthcare is a si...

These ‘zombie’ companies could feel the cash burn, warns New Constructs

Carvana Co., Freshpet Inc. and Peloton Interactive Inc. could feel the cash burn as the Fed raises interest rates, according to independent equity research firm New Constructs. The research firm, whic...

This dividend fund is down 3% vs. S&P’s 20% drop. Here are its top stock picks

By now even the most ardent tech and growth-stock enthusiasts realize the bull market is over. John Kornitzer’s approach to selecting high-quality stocks for the Buffalo Flexible Income Fund is one th...

North Carolina’s Opportunity To Ban Health Industry Gag Clauses And Unleash Price Transparency

This piece was co-written with Cynthia Fisher. Jason Dean from Tennessee needed stitches on his knee after a minor accident last year. He went to a local hospital that told him insurance would cover t...

Buying From Mark Cuban’s Pharmacy Could Save Medicare Billions, Study Says

Medicare’s prescription-drug program could save billions of dollars annually if it purchased generic acid-reflux, cancer and other drugs from a new pharmacy backed by investor Mark Cuban, according to...

Energy and these 2 other sectors led the S&P 500. Now they’ve tanked. Here’s why that could be good for the stock market.

An unwind of the stock market’s best performing sectors had to happen eventually. And that may be just what this bear market ordered, according to Jonathan Krinsky, chief market technician at BTIG. Si...

Blame The Regulatory State For The Healthcare Burnout Crisis

LOS ANGELES, CA – MAY 09: Members of the Service Employees International Union-United Healthcare … [+] Workers West started weeklong strike today at Cedars-Sinai Medical Center on Monday, ...

FedEx’s Dividend Hike Stands Out

Text size FedEx trucks at a sorting facility Justin Sullivan/Getty Images FedEx grabbed the headlines this week for dividend announcements, declaring an increase of more than 50% to its quarterly payo...

Stock Market Bargain Hunters May Want to Hold Off

A 20%-plus decline in the stock market often is a signal to bargain hunters to step in. But strategists caution that U.S. stocks could be in for further losses, and investors may want to remain patien...

Why Alt-Health Is Retail’s Next Big Growth Opportunity

(Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Ness may represent a legendary monster in Scotland, but it’s also waking a slum...

The Days of Big Pharma Are Over. Big Biotech Is on Its Way.

W hen GlaxoSmithKline spins off its enormous division selling drugstore staples like Advil and Tums next month, it will represent more than just the latest shuffling of assets among corporate giants. ...

These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates

One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...

Biotechnology’s Path To Web3

While the financial industry is experiencing ruthless backlash from the loss of value in cryptocurrencies, especially the heralded stable coins, the Biotechnology industry is positioning itself for su...

Roku, Tesla, and Other Cathie Wood Favorites Are Falling

Text size Ark Invest CEO Cathie Wood. Courtesy of ARK Cathie Wood’s $12 billion flagship exchange-traded fund was falling again in Monday trading. It is another sign that “innovation stocks” such as R...

U.S. Stocks Poised to Open Lower on Monday Ahead of Fed Week

Stocks are poised to open lower on Monday. (Photo by Spencer Platt/Getty Images) Getty Images Text size U.S. stocks were poised for a lower opening on Monday ahead of the Federal Reserve’s decision on...

Five Beaten-Up Biotech Stocks Saw Big Share Purchases

Text size Biotech stocks Kymera, Cullinan Oncology, Repare, Iovance, and Kodiak Sciences are all in the red so far this year, but they’ve seen large stock buys. Dreamstime Biotech stocks have taken so...

These 19 large-cap stocks have now dropped at least 60% from their 52-week highs

The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% f...

Blockchain Technology in the Healthcare Market Expected to Contribute $121Bn by 2030

The mounting need to tackle data breaches and information leaks is expected to thrust blockchain technology in the healthcare market to a compound annual growth rate (CAGR) of 68.3% between 2022 and 2...