Articles by admin

(Bloomberg) — Small-cap drug developer Five Prime Therapeutics Inc. is on track to post one of this year’s biggest daily stock moves after reporting promising data from a mid-stage cancer study.The South San Francisco, California-based biotech firm skyrocketed as much as 349% after a combination of its drug and chemotherapy helped some patients keep their stomach cancer at bay for longer than those receiving just chemotherapy. Should this rally hold, it would be the third biggest single-day move on the New York Stock Exchange and Nasdaq Exchange, according to data compiled by Bloomberg.Its stock-surge trails a pair of micro-caps with …read more […]

It’s time to unleash the bulls, says one top market strategist. …read more […]

Neel Shah, PEAK6 Capital Management Senior Portfolio Manager joins the Yahoo Finance Live panel to talk about Alibaba’s Singles Day, the tech outlook and how the race for a vaccine is weighing on the markets. …read more […]

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(Bloomberg) — Pfizer Inc. Chief Executive Officer Albert Bourla pocketed about $5.6 million after selling stock, the latest executive to reap the rewards of insider share transactions amid a vaccine-fueled rally for some pharmaceutical companies.Bourla disposed of more than 130,000 shares on Monday, according to a filing with the U.S. Securities and Exchange Commission. Sally Susman, executive vice president and chief corporate affairs officer at Pfizer, also offloaded about $1.8 million in stock.Pfizer’s shares soared that day after a report on results from its experimental vaccine with partner BioNTech SE. Anthony Fauci, the top U.S. infectious-disease specialist described the findings …read more […]

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Yahoo Finance’s Myles Udland, Julie Hyman, Brian Sozzi, and Dan Howley recap Apple’s M1 chip event. …read more […]

The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But when you pick a… …read more […]

The number crunchers at Goldman Sachs are bullish on how a COVID-19 vaccine could impact the stock market. Yahoo Finance’s Brian Sozzi weighs in. …read more […]

President-elect Joe Biden made a campaign proposal to erase $10,000 for roughly 37 million Americans who owe federally-backed student loan debt, and experts are divided on if the incoming president will be able to make good on that promise. …read more […]

Shares of Alibaba fell on Wednesday — despite setting a new record for Singles’ Day — after Beijing released draft rules defining what constitutes anti-competitive behavior for the first time ever. CFRA’s John Freeman joins Yahoo Finance Live to discuss the implications of the move for China’s big tech companies such as Alibaba and JD.com. …read more […]

Wynn Resorts, Limited (NASDAQ:WYNN) missed earnings with its latest quarterly results, disappointing overly-optimistic… …read more […]

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The company said on Wednesday the sale was part of a pre-announced trading plan, adopted by Bourla on Aug. 19. Bourla sold 132,508 shares at $41.94 per share, according to a Securities and Exchange Commission filing late Tuesday. “The sale of these shares is part of Dr. Bourla’s personal financial planning and a pre-established (10b5-1) plan, which allows, under SEC rules, major shareholders and insiders of exchange-listed corporations to trade a predetermined number of shares at a predetermined time,” Pfizer said. …read more […]