Year: 2020

On Wednesday, Needham analyst Laura Martin raised her price target on Apple shares to $140 from $112.50 on the belief that the company’s new bundled services could drive potential upside. …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

Did the stock market’s epic rally just need a little breather? The last few weeks have seen stocks experience their first meaningful correction since the bull market kicked off in March. Now, the question swirling around the Street is, will the rally pick back up again, or is more downside on the way?According to Morgan Stanley’s chief U.S. equity strategist Mike Wilson, uncertainty regarding the presidential election and stalemate on the next stimulus package could lead to declines in September and October. “On the correction, there’s still downside as markets digest the risk of congressional gridlock on the next fiscal …read more […]

A Corsair IPO is right around the corner. The company filed to go public in August after delaying its IPO in 2012. As one of the biggest names in the gaming industry, investors are looking forward to Corsair stock.
But is Corsair a good investment? Here’s what we know…
Corsair Gaming IPO: The Business

CEO Andy Paul co-founded Corsair Components in 1994. Now known as Corsair Gaming, the company is a leading global provider of gear for the gaming industry. Corsair provides mice, keyboards, headsets and controllers for gamers. The company also has Elgato, a streaming suite for content creators. Corsair aims to …read more […]

Acquisitions further Trulieve’s mission of being the leading customer-focused cannabis brand in the United StatesTALLAHASSEE, FL, Sept. 16, 2020 /CNW/ – Trulieve Cannabis Corp. …read more […]

(Bloomberg) — The White House strongly signaled Wednesday that it is willing to increase its pandemic-relief offer in talks with Democrats and that Senate Republicans should go along in order to seal a stimulus deal in the next week to 10 days.Chief of Staff Mark Meadows said President Donald Trump is open to the compromise $1.5 trillion stimulus proposal from a bipartisan group of House lawmakers that was an effort to break a months-long deadlock over bolstering the U.S. economy amid the pandemic.The long-shot plan from a 50-member group of House Democrats and Republicans has a bigger total spending figure …read more […]

Vaxart (VXRT) began the week with a monster Monday session. Shares of the vaccine specialist surged by 47% after the biotech announced it had been given the go ahead from the FDA to commence the Phase 1 clinical trial of its oral COVID-19 vaccine candidate.The study will evaluate the vaccine’s effect on healthy adults between the ages of 18 to 55, examining the safety and reactogenicity of a two-dose regimen.The trial’s commencement couldn’t have come sooner for this high-flying coronavirus stock, as the small cap is significantly behind peers in the development of its COVID-19 vaccine program. However, based on …read more […]

Weekly Yahoo Finance tech commentary and analysis plus highlight of top industry news and features. …read more […]

Calendar pages are rapidly falling away to November 3.
And regardless of the presidential election’s outcome, one of the biggest winners that night could be a recession-resistant industry on the rebound.
American cannabis multistate operators (MSOs) have already enjoyed a sizable bounce from their early 2020 lows…

The U.S. Marijuana Index is up 140.7% from its March 18 bottom.
And this could merely be the first leg higher of a much larger rally.
Over the next couple of months, the U.S. cannabis market will be on the cusp of getting even bigger. And this November, election night results could send shares of American pot stocks …read more […]

Kodak shares are skyrocketing after a legal review found that the company did not violate policies in how it awarded stock option grants to its CEO. Yahoo Finance’s Emily McCormick joins Zack Guzman to break down the details. …read more […]

Jared Holz, Healthcare Equity Strategist at Jefferies, weighs in on the latest coronavirus vaccine developments, as President Trump states in an interview that a COVID-19 vaccine may be ready in four weeks. …read more […]

In the biotechnology world, clinical data readouts are make-or-break. Release favorable results, and rewards in the form of sky-high gains could be on tap, but if the data misses the mark, shares could also be catapulted, only in the opposite direction.Cassava Sciences (SAVA) is a prime example of the former. On Monday, the company published the final results from the Phase 2b study of sumifilam (PTI-125), its small molecule drug that targets an altered form of filamin A (FLNA), in mild-moderate Alzheimer’s disease (AD). The data demonstrated statistically significant improvements in biomarkers of disease and cognition. In response, shares rounded …read more […]

(Bloomberg) — With just days to go until President Donald Trump’s ban on TikTok in the U.S. comes into effect, the race is on for the video-sharing app’s Chinese owner, ByteDance Ltd., to win approval for its plan to avoid a shutdown.Technology giant Oracle Corp. has emerged as the Beijing-based company’s chosen partner for a deal, beating out Microsoft Corp. But instead of an outright sale as ordered by Trump, the deal on the table affords Oracle only a minority stake in a company that will continue to be controlled by ByteDance. There’s still much to be decided before the …read more […]

JFrog CEO Shlomi Ben Haim joins Yahoo Finance’s Zack Guzman to break down the software company’s stellar public debut. …read more […]