Tag: Stock News

Aurora Cannabis
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Investors Probably Didn’t Turn Their Backs on Tilray Cannabis Stocks Today

Brian Evans - Jan 16, 2019

Tilray’s share price plummeted today on the expiry of its IPO lock-up period. But is the sell-off investors exiting cannabis stocks? Or, is it as simple as…

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Pharma Stocks Decline as House Democrats Investigate Drug Prices

Brian Evans - Jan 16, 2019

Stock prices of twelve of the largest pharmaceutical companies in the USA have fallen sharply after the commencement of a Congressional investigation into prescription drug pricing practices.…

Activision Blizzard
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Activision Blizzard May Be Accused of Securities Fraud by Investors

Brian Evans - Jan 16, 2019

Pomerantz Law Firm has issued a shareholder alert and, it says, is investigating Activision Blizzard and its “officers” for possible securities fraud or other “unlawful business practices.”…

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Anonymous Trader That Can Gain $175 Million From S&P 500 Bet Was Not “Doing a Buffett”

Brian Evans - Jan 16, 2019

Was the anonymous trader who “caused a stir” in the U.S. equity options market on Monday with a massive bet–– Doing a Buffett?” Saqib Iqbal Ahmed asks…

Jamie Dimon
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Government Shutdown Could Slash US Economic Growth to Zero: JPMorgan CEO Jamie Dimon

Brian Evans - Jan 15, 2019

Jamie Dimon, the CEO of JPMorgan Chase, warns that the partial US government shutdown could cut the United States’ economic growth to zero if it continues through…

David Kwon
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SEC Charges Group Behind Filing System Hack, $4.1 Million in Illegal Trades

Brian Evans - Jan 15, 2019

New charges have emerged from a 2015 case of hacking and insider trading, the SEC announced today. In the previous case, Ivan Turchynov and Oleksandr Ieremenko hacked…

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Amazon and Walmart Stock in Danger? India Tightens E-Commerce Rules

Brian Evans - Jan 15, 2019

Last month, India implemented new regulations for foreign e-commerce firms including Amazon and Walmart-owned Flipkart, placing pressure on the two conglomerates. According to Mukesh Aghi, the U.S.-India…

ARK Invest
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Tesla’s Share Price Hikes as the Electric Vehicle Market and Automotive Stocks Rise

Brian Evans - Jan 15, 2019

Tesla stock is seeing near 4% gains so far on the New York Stock Exchange (NYSE) as the US stock markets recover from two days in the…

Delta Airlines
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Delta Airlines Expects to Lose $25 Million in Revenues Due to US Government Shutdown

Brian Evans - Jan 15, 2019

The third-largest airline in the United States by domestic market share, Delta Air Lines, has disclosed that the ongoing partial government shutdown will cost it millions of…

bird box
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Netflix Shares are Soaring, But Here’s Why Customers Won’t be Happy

Brian Evans - Jan 15, 2019

Netflix shares soared at Tuesday’s opening bell, extending the video streaming giant’s impressive January run. But while investors are clamoring to increase their NFLX holdings, consumers have…