Stocks opened higher Tuesday evening, after a choppy session earlier sent the S&P 500 within striking distance of a record close before the the blue-chip index lost steam and declined. …read more […]
(Bloomberg) — The rally that pushed gold to record heights above $2,000 an ounce has come to an abrupt halt, with the haven metal posting the biggest drop in seven years after bond yields spiked higher.Treasury bond yields climbed, cutting into the negative real rates that had supported the metal. The 10-year Treasury yield jumped the most since June ahead of an expected flood of government and corporate debt issuance. U.S. producer prices increased faster than expected.“Today real rates clearly moved higher and that’s clearly what moved gold lower,” Michael Widmer, head of metals research at Bank of America Merrill …read more […]
There’s a new FDA-approved pain medication on the scene. On Monday, Trevena (TRVN) announced that Olinvyk (oliceridine), the company’s opioid agonist, finally received the FDA’s nod of approval for the management of acute pain in adults who need an intravenous opioid pain reliever. The drug is to be administered in hospitals or other controlled clinical settings.The approval brings to an end a process stretching back to 2018, when Trevena received the dreaded complete response letter (CRL) from the FDA, citing concerns regarding the size of the safety database and potential for QT prolongation.H.C. Wainwright analyst Douglas Tsao calls the approval …read more […]
Trends Expert Matthew Carr examines the global internet of things security market and its future growth potential.
There’s a special class of companies I like to target called “20/20 small caps.”
And I can’t imagine a more apt year to talk about them than 2020.
These are companies that are seeing at least 20% revenue growth and 20% earnings growth. Over the years, I’ve found that these are some of the most profitable stocks to invest in.
Today, I want to highlight a company that’s a 20/20 small cap. But it’s also involved in an opportunity that often gets overlooked by investors.
Internet of Things: …read more […]
Invesco Global Market Strategist Brian Levitt joins Yahoo Finance’s Kristin Myers to discuss his market outlook amid hopes for a vaccine and further stimulus.
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Joe Biden used a tax strategy to evade paying hundreds of thousands of dollars in payroll taxes, as he criticizes President Trump’s plan for a payroll tax deferral. …read more […]
Stocks fell Tuesday, with the S&P 500 closing in on a record level earlier in the session as hopes for a vaccine and further stimulus spurred a global risk rally and a pop in “reopening” stocks. The Nasdaq underperformed again, with some major tech names that had recently led the market higher giving back some gains. …read more […]
(Bloomberg) — Tesla Inc. says hedge fund Cable Car Capital LLC, which is shorting the company’s stock, is funding a former employee’s defamation allegations.The carmaker said in a filing Monday that Martin Tripp’s counterclaim against Tesla was being funded by Cable Car, even though Tripp has said under oath that he had no financing or connection to Tesla short sellers.Cable Car portfolio manager Jacob Ma-Weaver had no immediate comment.Tesla sought an emergency order from a judge forbidding Tripp from publicizing confidential information. Tripp has disclosed volumes of Tesla’s confidential documents, deposition transcripts and filings in his posts on Twitter, YouTube …read more […]
Both Inovio and BionNTech announced that they are making headway in their coronavirus vaccine trials, and will be able to meet deadlines toward the end of the year or a the start of 2021. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]
Indian tax authorities raided the premises of a few Chinese entities and their associates for money laundering, according to an official statement late on Tuesday, adding to New Delhi’s growing discomfort with Beijing after a border clash in June. Since the clash, Prime Minister Narendra Modi’s government has taken steps such as banning some Chinese mobile-phone apps, and tightening the requirements for Chinese investment and participation in government tenders. The statement provided no details on the timing of the raids or on the kind of ‘entities’ mentioned. …read more […]
Fastly CEO Joshua Bixby joins Yahoo Finance’s Zack Guzman to discuss his outlook on the cloud computing space amid President Trump’s scrutiny over the social media app TikTok. …read more […]
Dr. Adrian Burrowes, Family Medicine Physician & CFP Physicians Group CEO, joins Yahoo Finance’s Kristin Myers to break down the latest coronavirus developments, as skepticism grows over Russia’s approved vaccine. …read more […]
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]
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