The dollar gained broadly, reclaiming safe-haven status on investor concerns about diminishing chances of coronavirus relief [nL1N2H615Q][nL1N2H61A9] as the pandemic intensifies in Europe [nL4N2H52AQ] and parts of the U.S.
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
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
Four Democratic U.S. senators on Thursday sent a letter to Amazon.com Inc's Chief Executive Jeff Bezos, demanding answers over the company's alleged moves to track and monitor employees and limit unionization efforts.
Truist Financial (NYSE: TFC), the nation's sixth largest bank, beat earnings estimates in the third quarter with net income rising 45% to $1.1 billion. The company's earning per share were down 16.8% to $0.79, including merger-related and restructuring costs stemming from the mer
In the latest chapter of litigious rivalry between the two companies, the manufacturer of the NordicTrack line of exercise machines, Icon Health & Fitness Inc., is suing Peloton Interactive, Inc. (NASDAQ: PTON) for alleged violations of several technology patents. According t
For investors looking for momentum, Global X Robotics & Artificial Intelligence ETF BOTZ is probably a suitable pick. The fund just hit a 52-week high and is up 99.5% from its 52-week low price of $14.77/share.
The risk of exposure to the coronavirus on flights is very low, a U.S. Department of Defense study released on Thursday found, a positive sign for the airline industry as it tries to rebound from the pandemic's crushing effect on travel.
With growing inclination of consumers toward health and wellness, The Kroger Co. KR has been making efforts to provide natural, organic and plant-based food items with an unmatched combination of quality and value. In recent developments, the company has expanded its private-labe
Amazon's (NASDAQ: AMZN) Prime Day 2020 is a wrap, and the company shared a few details about the success of the event. This year, the focus of the members-only sale was "supporting small business" and marked the "two biggest days ever for small and medium businesses in Amazon's s
Canada has ordered a national security review of Shandong Gold Mining Co Ltd's bid to acquire a gold mine in the Canadian Arctic, the mine's owner said on Thursday, in the latest sign of pushback faced by China's state miners.
The stock market has put together an impressive performance in the past several weeks, but it's currently going through a reversal of fortune. Investors are blaming the turnaround in part on Washington, which remains unable to come to a consensus on how to provide greater economi
When looking for apparel companies to invest in, you may want to avoid those that rely on the latest fashion trends. While these companies can do well for a while, they are subject to ever-changing consumer tastes, and that can sometimes backfire with devastating effects.With the
Shares of Array Technologies jumped 34% in their Nasdaq debut on Thursday after the solar power equipment maker raised $1.05 billion in its initial public offering.
Eastern Bankshares, a Massachusetts bank with 89 branches in eastern Massachusetts and New Hampshire, raised $1.8 billion in a best-efforts subscription offering on Thursday, offering 179.3 million shares of common stock at $10. The company donated an additional 7.5 million share
YouTube, the video service of Alphabet Inc, said on Thursday it was banning content that targets an individual or a group using conspiracy theories such as QAnon or Pizzagate that have "been used to justify real-world violence."
What happenedUnited Airlines Holdings (NASDAQ: UAL) did its best to put a good face on its third-quarter results, saying it expects that its revenue performance "will be the best ... among our large network competitors," but on Thursday morning, investors weren't buying it.
Confirmed cases of the coronavirus are rising across Europe and many U.S. states, raising fears that a winter wave of COVID-19 will force renewed stay-at-home and lockdown orders that cripple the economic recovery.The recovery is already fragile and uneven: Initial claims for sta