Market News
Not for sale, says Tesla rival on Ford takeover rumors
Ever since California-based Lucid Motors clinched a $1-billion investment from Saudi Arabia’s Public Investment Fund (PIF) beating bigger rival Tesla…
WWE Hall of Famer ‘Booker T’ is taking Activision to court
Former wrestling entertainment star Booker T Huffman filed a copyright infringement suit against the publishers of the video game franchise…
Chipotle Mexican Grill stock soars to 3-year high
Chipotle Mexican Grill Inc. (NYSE: CMG) stock soared to a 39-month high of $612.60 on Tuesday. Investors turned methodical on…
Forty countries back UN draft regulation on braking systems
The UN Economic Commission for Europe (UNECE) on Tuesday announced that 40 countries — including The European Union and Japan…
Exelixis tops bottom and topline targets for Q4, stock rises
Exelixis (EXEL) reported Q4 earnings of 37 cents per share and revenue of $228.6 million that beat analysts’ views. Analysts…
Gilead’s credibility takes a hit on massive NASH-drug failure, rivals jump
Shares of Gilead Sciences (GILD) have tumbled 20% in the past 52 weeks on numerous reasons including weaker-than-expected quarterly results…
Electronic Arts’ stock is riding high on Apex Legends wave
Electronic Arts Inc. (EA) is still riding the Apex Legends wave, with shares up 4.6% in mid-day trade on Tuesday.…
2019 headwinds might come to haunt oil as OPEC cuts supply
The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday announced that it cut oil production through a global supply…
Molson Coors misses Q4 sales estimates and discloses financial restatements; shares fall 6.6%
Molson Coors Brewing Company’s (TAP) shares dropped 6.6% in morning hours on Tuesday after the company reported better-than-expected earnings for…
Four cheap biotech stocks to buy
In the current environment, investment in the biotech stocks could be a risky recommendation for the investors. Despite its erratic…