Text size The deal comes ahead of GlaxoSmithKline’s planned spinoff of its consumer health division in July. AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy compa...
Tag: Stock
Where to buy Vertical Aerospace stock: it has surged to a 3-month high on volume surge
Vertical Aerospace stock, the Shares of London-based zero-emission electric airplanes start-up Vertical Aerospace, surged by about 42% on Tuesday and continued on the same trajectory on Wednesday by s...
ARK’s Cathie Wood: ‘Private markets get it,’ but disruptive tech is beaten-up in the stock market
When it comes to valuing disruptive innovation, private markets seem to understand the opportunity better than the stock market, according to Cathie Wood, founder and chief executive of ARK Investment...
AT&T, Warner Bros. Discovery Deal Leaves Plot Twists for Investors
Primetime TV came early — really early — on Monday morning for investors as the blockbuster deal between Discovery and AT&T (T) had closed, clearing up the picture for the new Warner B...
Dow Jones Falls As Inflation Hits 40-Year High; This Warren Buffett Stock Spikes As Oil Jumps
The Dow Jones Industrial Average saw early gains fade as inflation hit a 40-year high. Energy plays such as Warren Buffett stock Occidental Petroleum (OXY) spiked higher as the cost of oil rose again....
Nvidia Stock Loses a Wall Street Supporter
The markets are in such chaos that the unthinkable has happened in 2022: Shares of king Nvidia (NVDA) are down. And down by a significant amount – 27%, as it happens. The stock has been a perennial wi...
Is AT&T Stock a Buy Following Warner Bros. Discovery Spinoff? J.P. Morgan Weighs In
On Monday, Warner Bros. Discovery began trading as a separate entity for the first time after being spun off from AT&T (T). By choosing to go down the tax-free route rather than pursue a more comp...
Buy the Dip in Nvidia Stock or Wait for Lower Prices?
Nvidia (NVDA) – Get NVIDIA Corporation Report stock has been on a horrid skid, racking up a near-20% decline over the last five days. At one point, Nvidia stock was up more than 3% on April 12,...
A new world order for the stock market is coming, explains BlackRock CIO
Making money in the stock market will likely look different over the next few years compared to the low interest rate era seen from the end of the Great Financial Crisis, says BlackRock’s CIO of...
Cathie Wood Watch: Ark Buys Roku, Bulks Up on Biotech, Sells Twitter
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on Monday bought shares of a top video-streaming company, several biotechnology companies and an array of other tech-relate...
AT&T Isn’t Calling My Name, But I Have a Trade Idea
On Friday, AT&T (T) and Discovery closed the $43B “Reverse Morris Trust” deal that turned their media operations into one larger, potentially key player in that space, while separating...
Stock futures inch higher following highest inflation data in decades
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 4, 2022. Brendan McDermid | Reuters Stocks futures inched higher in overnight trading as investors weighed the late...
Cisco Stock Slumps. It Faces Competition From Arista and Juniper, Analyst Says
Text size Cisco Systems logo Gabriel Bouys/AFP via Getty Images Shares of Cisco Systems were falling Tuesday after the networking hardware and software giant was downgraded to a Sell by Citi. Analyst ...
Concerned about inflation? Here’s why stock investors should stay the course, says Ritholtz COO
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters For stock investors pondering how to ride out the worst bout of inflation in f...
GSK Stock Eyes Breakout After Racking Up HIV Treatment Wins
GlaxoSmithKline (GSK) has racked up a series of recent HIV treatment wins and, on Monday, GSK stock flirted with a breakout. X Last month, Glaxo’s ViiV Healthcare won Food and Drug Administratio...
Highly Rated Lockheed Martin Stock Near Buy Zone With Earnings Due
With earnings on tap for Apr. 19, Lockheed Martin (LMT) stock is trading about 2% under a 480.09 entry. The pattern is a second-stage flat base on the weekly chart. X Be aware that it’s risky to...
Stock market news live updates: April 12, 2022
U.S. stock futures were near breakeven ahead of overnight trading Monday following a down day on Wall Street marked by worries of an economic slowdown as war in Ukraine, COVID-19 lockdowns in China an...
Microsoft Stock Slips on Concern About Growth for Office 365
Text size Microsoft Office is one of the company’s biggest businesses. Dreamstime Microsoft shares are under pressure from concerns about how the company might be affected by slowing growth in t...
Alibaba Stock Stake Slashed by Charlie Munger’s Daily Journal
Text size Charlie Munger attends the annual Berkshire shareholders meeting in Omaha in 2019. JOHANNES EISELE / AFP / Getty Images Daily Journal , which Charlie Munger had served as chairman until rece...
Shopify Plans Stock Split That’s Bound to Tap Retail Frenzy
(Bloomberg) — Canada’s Shopify Inc. just became the latest tech giant to announce plans to split its stock in a bid to bring a higher number of loyal retail investors to its shareholder base. Mo...
AT&T Stock Rises After Completion of WarnerMedia Spinoff
Text size AT&T has completed the spinoff of WarnerMedia. Justin Sullivan/Getty Images AT&T wrapped up its WarnerMedia spinoff late last week, and the stock was rising on Monday. The stock jump...
What Does the Pensando Acquisition Mean for the Stock? Wells Fargo Weighs In
With the ink having barely dried following the Xilinx acquisition, last week, Advanced Micro Devices (AMD) disclosed that it intends to bring networking startup Pensando under the fold, in a deal said...
AT&T ‘Looks More Like Verizon.’ What Wall Street Is Saying About the Stock.
Text size AT&T has spun off WarnerMedia. Andrew Harrer/Bloomberg Investors sent AT&T stock up nearly 8% on Monday after the spinoff of WarnerMedia. Wall Street analysts seem to be just as upbe...