What happened In what hardly qualifies as a surprising development, shares of both Pfizer (NYSE: PFE) and BioNTech (NASDAQ: BNTX) fell in price on Thursday. This was on the back of a Supreme Court decision that struck down a key government vaccination mandate. The two companies are perhaps best known by the general public these...
Non-fungible tokens (NFTs) do not seem to be losing their momentum as they continue to attract a wide range of users. Now, VCR Group, a hospitality firm based in New York City, has opened NFT offerings for its clients. The company has announced the launch of a live token sale available to its private dining...
Cool Company Freelance UK is the fastest-growing umbrella company working to simplify and streamline administration for contractors. Providing freedom for contractors without the bureaucracy. While allowing businesses to benefit from access to niche talent without the need to take on new hires, or handle the admin associated with contract recruitment. Kris Simpson is the Head...
A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration The White House will meet with executives from major tech companies, including Alphabet-owned Google (GOOGL.O), Apple Inc (AAPL.O) and Amazon.com Inc, , to discuss software security after the United States...
FVCBankcorp (FVCB) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2021. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term...
peshkov/iStock via Getty Images Thesis The Direxion Daily S&P Oil & Gas Exploration & Production Bear (DRIP) 2X seeks daily investment results of 200% of the inverse of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index contains small, medium and large sized E&P producers such as SM...
We wrote last week about the record year for special purpose acquisition companies (SPACs) in 2021. We counted over 1,000 new listings last year, and remarkably over 59% were SPACs. Today we explore another group of listings – traditional initial public offerings (IPOs) – and revisit some research on short and long-term IPO performance. Record new...
What happened Shares of Denali Therapeutics (NASDAQ: DNLI) were down by 18.3% for the week as of the market close on Thursday, based on data from S&P Global Market Intelligence. Much of the decline came after the company announced Thursday that the Food and Drug Administration had placed the Investigational New Drug (IND) application for...
Taiwan Semiconductor will increase capital spending by up to $44 billion The shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) are trading at all-time highs today, last seen up 6.4% at $140.74, after reporting record fourth-quarter profits. The Apple (AAPL) supplier’s quarterly report also included an upbeat current-quarter outlook, as demand for semiconductors continues to surge. What’s...
© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.49% Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower. At the close in NYSE, the fell 0.49%, while the index fell 1.42%, and the index declined 2.51%. The...