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Nasdaq Markets

Frantic Dow Comeback Falls Short, Logs Third-Straight Loss

6 years ago
The Dow logged its third-straight loss today, despite a frantic scramble and brief foray into positive territory in the final hour of trading. The blue-chip index was off by 332 points at its session lows, weighed down by the latest weekly jobless claims that came in at 89

Why Axon Enterprise Stock Popped 5% Thursday

6 years ago
What happenedShares of stunguns-'n'-body cameras-maker Axon Enterprise (NASDAQ: AAXN) rose as much as 5% in Thursday trading and looks likely to hang on to the bulk of those gains by closing bell. As the final 15 minutes of the trading begin, Axon is still up 4.5%.

Amazon Prime Day Shopping Event Sales Surpasses $3.5 Bln

6 years ago
(RTTNews) - Amazon.com (AMZN) Thursday announced that third-party sellers on its marketplace earned over $3.5 billion in total across 19 countries during this year's Prime Day shopping event.Amazon held Prime Day in India in August, and just wrapped the two-day event across 19 ad

Why Zoom Stock Is Jumping Today

6 years ago
What happenedShares of Zoom Video Communications (NASDAQ: ZM) are jumping today, up by 5% as of 2:40 p.m. EDT as the company continued its annual Zoomtopia conference alongside an analyst day event. Wall Street analysts liked what they saw, and the events triggered a slew of pric

Lawmakers Propose Emergency 3% Social Security Raise

6 years ago
Earlier this week, the news broke that seniors on Social Security will be in line for a 1.3% cost-of-living adjustment (COLA) going into 2021. Earlier in the year, it seemed as if seniors wouldn't be eligible for a raise at all, so the fact that they're getting a bump in benefits

Why Eiger BioPharmaceuticals Stock Skyrocketed Today

6 years ago
What happenedShares of Eiger BioPharmaceuticals (NASDAQ: EIGR) were skyrocketing 19% higher as of 3:10 p.m. EDT on Thursday. The big jump came after the company announced positive results from an investigator-sponsored clinical study evaluating peginterferon lambda (Lambda) in tr

Here's Why Anavex Life Sciences Jumped Higher Today

6 years ago
Shares of Anavex Life Sciences (NASDAQ: AVXL) are up 5.8% at 2:06 p.m. EDT, having been up as much as 28.8%. Investors are excited about the company's drug, ANAVEX2-73, having passed a phase 2 clinical trial in patients with Parkinson's disease dementia.The study used the Cogniti

Vertex Pulls Nasdaq Down, but Wall Street Loves Zoom

6 years ago
The Nasdaq Composite (NASDAQINDEX: ^IXIC) continued to lose ground on Thursday, adding to a pullback over the last few days that has taken the steam out of the tech-heavy benchmark's advance since mid-September. Market participants aren't getting all the support they think they d

Honeywell Buys Ballard Power's Drones Division

6 years ago
Canadian fuel cell pioneer Ballard Power Systems (NASDAQ: BLDP) is getting out of the drones business. Admittedly, Ballard Power is much better known for building zero emission proton exchange membrane fuel cell systems to power electric forklifts and buses (and cars, trucks, tra

Abiomed's Heart Pump Can Improve Outcomes in Some Patients

6 years ago
The use of Abiomed's (NASDAQ: ABMD) Impella heart pumps reduced the rate of death, stroke, myocardial infarction, and repeat procedures in high-risk percutaneous coronary intervention (PCI) patients, according to a new study.The interim data from the healthcare company's single-a

IBM, ServiceNow Deepen Partnership

6 years ago
International Business Machines (NYSE: IBM) and ServiceNow (NYSE: NOW) today announced that they will take their partnership to a new level. IBM, which recently announced a spinoff of a legacy business to focus more on the cloud, will utilize its core strengths in the hybrid clou

Swiss Market Ends Sharply Lower

6 years ago
(RTTNews) - The Switzerland stock market ended sharply lower on Thursday, in line with the trend seen across the globe, as the surge in coronavirus cases and its impact on growth weighed on sentiment.Fading hopes about U.S. fiscal stimulus before the presidential election and ris
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