Based on its earnings report, Pfizer (PFE) raised estimated sales of its Covid-19 vaccine to $33.5 billion for 2021, reflecting a 30% increase as Delta sweeps through nations, reports The Wall Street Journal. The biopharmaceutical giant is one of many major players reporting profitable earnings for the last quarter as these mega-caps continue to outperform. [...] Read more at ETFtrends.com.
Sony Group Corp said on Wednesday its PlayStation 5 (PS5) gaming console has sold more than 10 million units since launching last November, outstripping sales of its predecessor even as the Japanese firm grapples with a global chip shortage.
The Nasdaq was set to rise on Wednesday as record quarterly earnings from Google-parent Alphabet helped heavyweight technology stocks steady after their worst sell-off in more than two months in the previous session.
The NASDAQ 100 Pre-Market Indicator is up 73.47 to 15,030.44. The total Pre-Market volume is currently 28,773,716 shares traded.The following are the most active stocks for the pre-market session: New Oriental Education & Technology Group, Inc. (EDU) is +0.16 at $2.35, with
The global chip shortage has grounded major automotive factories to a halt but pushed technology giants to become more flexible by diverting existing supplies to their most profitable products, analysts and executives said.
Since its launch in 2013, Robinhood has seen explosive growth as a trading platform for retail investors, and younger traders in particular. In fact, a study of Gen Z and millennial investors conducted by The Motley Fool in April found that nearly 40% used the platform, making Ro
Stock Futures Trade Sideways Ahead Of Fed DecisionU.S. stock futures were mixed after the major benchmarks pulled back from record highs, ending a five-day winning streak. No doubt, the recent Chinese regulatory crackdowns have been weighing on the stock market. Alphabet (NASDAQ:
Last week, connected fitness company Peloton Interactive (NASDAQ: PTON) announced the forthcoming release of Lanebreak, an in-app video game users can play on its well-known exercise bike. When the game launches to all subscribers this winter, users will be able to work out while
U.S. stock index futures were muted on Wednesday after mixed results from large technology and internet giants, with investors awaiting the Federal Reserve's monetary policy decision later in the day.
Spotify Technology SA beat Wall Street estimates for second-quarter revenue on Wednesday, as the music streaming company reported a 20% jump in paid subscribers for its premium service driven by demand in Europe and North America.
Asian equities looked set for a fourth straight day of losses on Wednesday as a storm in Chinese equity markets rippled across the region, boosting safe-haven currencies ahead of a Federal Reserve policy meeting.
Asian shares stayed stuck at seven-month lows on Wednesday, as markets continued to digest a storm in Chinese equity markets, while currency markets were quiet with traders wary of placing large bets prior to the outcome of a Federal Reserve meeting.
Sparkline Capital, an investment management firm that uses machine learning to help investors achieve alpha in large data sets, recently launched the Sparkline Intangible Value ETF (ITAN), an actively managed fund that evaluates companies based on their “intangible value.” Intangible value is the value of a company derived from its intangible assets, says Sparkline founder [...] Read more at ETFtrends.com.
Asian shares stayed stuck at seven-month lows on Wednesday, as markets continued to digest a storm in Chinese equity markets, while the dollar rested with traders reluctant to place large bets ahead of the outcome of the Federal Reserve meeting.
South Korea's LG Display Co Ltd on Wednesday posted a better-than-expected second-quarter profit as pandemic-led demand for TVs and laptops drove up panel prices, pushing its shares up as much as 4% in morning trade.
South Korea's LG Display Co Ltd on Wednesday swung to a profit in the second quarter versus a loss a year earlier, as pandemic-led demand for TVs and laptops drove up panel prices.
South Korea's LG Display Co Ltd on Wednesday swung to a profit in the second quarter versus a loss a year earlier, as pandemic-led demand for TVs and laptops drove up panel prices.
We've now heard from all of the big banks, so on this week's Industry Focus: Financials, Matt Fankel and Jason Moser are digging into the results. They're diving into the latest numbers from JPMorgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), and Gol
You win some, you lose some. But if you turn those wins and losses into something bigger, something inspirational... well then you might just make the world smarter, happier, and richer. As an NFL quarterback and head coach, Frank Reich has won and lost under the brightest of lig