Kaitlyn Johnson, a seven-year-old from outside Dallas who loves cheerleading, her science classes, and the color pink, and Justin Pritikin, a 17-year-old high school senior in New Jersey looking forward to starting college, have never met. But they’ve got one important thing in common: they were both among the courageous participants in clinical trials of […]
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September has historically been the least volatile month of the year, but volatility this September is the lowest it’s ever been, says LPL Financial’s Ryan Detrick. “So far this year, 40 basis points is the average intraday move that we’ve seen so far on the S&P 500 this September, which is the least volatile ever,” […]
Read moreEarlier this month, Variety reported that Amazon CEO Jeff Bezos issued a mandate to the company’s studio: produce more “high-end drama series with a global appeal.” This morning, Variety reported that the company is following that order by moving forward with three major science fiction shows: adaptations of Larry Niven’s Ringworld, Neal Stephenson’s Snow Crash, […]
Read moreAnother Wall Street firm is getting even more bullish on Nvidia, even after the stock’s amazing market-leading run during the past year. Citi Research reiterated its buy rating and raised its price target for Nvidia shares, predicting the company will generate earnings significantly above expectations next year. Nvidia shares rose 2 percent shortly after Friday’s […]
Read moreRoku is still riding high after a monster first day of trading, up another 20 percent to $28.30 in morning trading Friday. The company debuted on the Nasdaq on Thursday under the ticker symbol ROKU and jumped nearly 70 percent by the end of trading that day. The stock closed at $23.50 Thursday, giving the […]
Read moreFacebook may face growing trouble in Washington but the company still enjoys a warm reception on Wall Street. The company’s stock outperformed the shares of the other largest U.S. internet companies in the third quarter, as investors shrugged off negative headlines about extremist content, Russian-bought political ads and even a large intended share sale by […]
Read moreBritain’s regulators could grant interim permission for European Union investment and trading firms to continue operating in the U.K. after the country leaves the bloc in 2019. Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), said giving “interim permission” may be one solution for dealing initially with a wave of firms from the […]
Read moreAs cities across the United States fight for a chance to be the home of Amazon’s second headquarters, Detroit Mayor Mike Duggan contended Friday on CNBC that his city has the assets envisioned by Jeff Bezos, founder of the e-commerce and cloud-computing giant. Although there’s some great competition from other cities, the Motor City and […]
Read morePresident Donald Trump will travel to Asia in November as he tries to curb North Korean aggression and potentially rework trade deals. The president will go to Japan, South Korea, China, Vietnam and the Philippines, as well as Hawaii, during the Nov. 3 to Nov. 14 trip, the White House said in a statement Friday. […]
Read moreShares of Zogenix zoomed 150 percent in premarket trading Friday after positive results from a study on its treatment of a rare form of epilepsy. At one point in early premarket trading where volume is light the shares had tripled. The biotechnology company reported significant results in a Phase 3 trial of its drug ZX008, […]
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