The ongoing AI boom has made energy stocks one of the hottest corners of investing. Once-boring utility companies are soaring as tech giants look to feed their ravenous data centers, while three of the top 10 best performing stocks in the S&P 500 this year are wholesale power providers with nuclear businesses. Meanwhile, all this … Read more
(Reuters) -Tech and growth stocks dragged Wall Street’s main indexes lower on Friday, at the end of an upbeat holiday-shortened week that was driven by expectations around a traditionally strong period for markets. The Dow Jones Industrial Average fell 0.95%, the S&P 500 was down 1.33% and the Nasdaq Composite briefly was down 1.72%. COMMENTS: … Read more
Why Is Coeptis Therapeutics Stock Falling On Friday? Coeptis Therapeutics Holdings, Inc. (NASDAQ:COEP) shares are trading lower on Friday. The firm announced plans to implement a 1-for-20 reverse stock split, which will take effect on December 31. The decision follows authorization from the company’s board of directors and majority stockholders. The reverse stock split aims … Read more
Goodbye Santa rally? U.S. stocks fell Friday as investor sentiment turned gloomy. The Dow Jones Industrial Average closed more than 300 points lower, while the Nasdaq Composite Index, which contains more technology-focused stocks, slid 1.5%. Stocks recovered some ground from sharper declines earlier in the day, however. “Initially the market was so focused on the … Read more
An airplane – Photo: Kevin Carter (Getty Images) Despite opening the year with a door plug blowout whose fallout reverberated throughout the industry, U.S. airlines had a pretty good year in the stock market. Bloomberg reports that the S&P Supercomposite Airlines index rose 57% this year, beating the S&P 500 by more than 30 percentage … Read more
Justin Sullivan / Staff / Getty Images Major U.S. indexes slumped at midday Friday as tech stocks lost ground. Shares of Super Micro Computer and Tesla led losses in the S&P 500. Lamb Weston shares gained following reports activist investor Jana Partners took another step in its effort to force changes at the frozen potato … Read more
(Bloomberg) — A selloff in the world’s largest technology companies hit stocks in the final stretch of a stellar year. Most Read from Bloomberg In another session of slim trading volume — which tends to amplify moves — the S&P 500 lost 1.1% and the Nasdaq 100 slipped 1.4%. While every major industry succumbed to … Read more
https://www.tipranks.com/news/company-announcements/elite-pharmaceuticals-launches-generic-vyvanse-for-adhd-market Elite Pharmaceuticals ( (ELTP) ) has issued an update. Elite Pharmaceuticals announced the launch of its generic version of Vyvanse® (Lisdexamfetamine Disylate) in various strengths, targeting the ADHD treatment market. The product, which is marketed under the Elite Laboratories, Inc. label, is expected to capture a portion of the $4.3 billion annual sales reported … Read more
https://www.tipranks.com/news/company-announcements/ingles-markets-faces-nasdaq-filing-delay-due-to-hurricane Ingles Markets ( (IMKTA) ) has issued an announcement. Ingles Markets announced that it received a notice from Nasdaq due to a delay in filing its Annual Report for the fiscal year ending September 28, 2024. The delay, attributed to the impact of Hurricane Helene, has not affected the immediate Nasdaq listing of its … Read more
Justin Sullivan / Getty Images The S&P 500 fell 1.1% on Friday, Dec. 27, 2024, as tech stocks lost ground heading into the final weekend of the year. Tesla stock dropped for a second straight day ahead of next week’s expected update on quarterly vehicle deliveries. Lamb Weston shares advanced following reports that an activist … Read more