Market News
Costco Q1 Earnings Preview: Comp sales growth lifts expectations
Costco Wholesale Corporation (COST) is expected to post its first-quarter results on Thursday, December 13, after the market closes. Analysts…
Marinus Pharmaceuticals (MRNS) surges on positive data from Ganaxolone trial
Shares of Marinus Pharmaceuticals (MRNS) jumped after the pharma company reported positive data from the Phase 2 ganaxolone clinical trial in…
Gilead names Daniel O’Day as Chairman and CEO
Gilead Sciences Inc. (GILD) has named Daniel O’Day as its new Chairman and Chief Executive Officer, effective March 1, 2019.…
Companies reporting earnings this week: Dec 10 – 14
A slew of major companies are reporting earnings this week. Specialty apparel retailer Ascena Retail Group (ASNA) will announce its…
Investor caution mounts as crypto market braces for a long lull
After so many ‘up and down’ cycles, cryptocurrencies now follow a clear pattern when they enter the bear market. While…
Facebook’s image suffers some more bruising
Facebook Inc. (FB) had its share of controversies this year. From the much-talked-about Cambridge Analytica scandal to security breaches to…
Fiat comes to Detroit just as GM plans to leave
Fiat Chrysler Automobiles NV (FCAU) is planning to reopen one of its factories in Detroit to build its Jeep Grand…
Lyft files for public listing ahead of Uber, likely to be valued around $30 bn
Ending months of speculations, ride-hailing service Lyft filed for public listing on Thursday. The San Francisco-based company, which competes with…
A quick look at analyst recommendations on Tesla (TSLA) stock
Though analysts, in general, remain skeptic about the health of Tesla Motors (TSLA), the recent operational improvements in production and…
Moderna raises over $600-million through IPO, falls below IPO price
Biotech company Moderna raised above $600 million on Thursday by selling about 26 million of its common stock at $23…