On January 20, American stock markets closed at new all-time highs. The S&P 500 index rose 1.39% to 3852 points, the NASDAQ rose 1.97%, the Dow Jones added 0.83%. Risk appetite has increased on the back of an improving epidemiological situation in the States, positive expectations from the reporting season, and partly due to the […]
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Adamis Pharmaceuticals Corp (NASDAQ: ADMP) shares were down 14% in early trading Thursday. On Wednesday, shares jumped 78% to 1.43, likely on the FDA news. The biopharmaceutical firm announced a request to the FDA for the investigational use of its COVID-19 treatment drug Tempol. The meeting that followed the request tendered by Adamis Pharmaceuticals
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The renewable biofuels firm is making steady progress and has just announced a $350 million offering of common stock shares. Gevo, Inc. stock has plunged with the announcement of the common stock offering. The biofuels firm mentioned that it is selling the common stock shares at-the-market price in a registered direct offering worth $350 million.
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After months of speculation, Jack Ma makes his first appearance in the public. How’s this going to influence BABA stock? The Chinese e-commerce giant, Alibaba (BABA) stock have jumped back with Jack Ma’s video going public. The 56-year-old owner of the company resurfaced for the first time since making comments against the government on its
On January 19, American stock indexes finished trading in the green zone. The S&P 500 Index rose 0.81% to 3799 points, the NASDAQ rose 1.53%, the Dow Jones added 0.38%. The optimism was driven by a call for Congress, Janet Yellen, who will become the next finance minister, to increase fiscal stimulus by raising government
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Netflix (NFLX) has achieved another milestone by having a 203.6 million customer base. This is an epic achievement and joins the infamous 200-club which already includes the likes of YouTube and Steam. Netflix saw huge growth potential in 2020 when the whole world was in lockdown mode. The pandemic caused millions of users to spend
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Over the past 12 months, Coupa Software Inc (NASDAQ: COUP) has grown by more than 100%. What are the factors that are required to support the company’s growth in the next quarter? Coupa Software offers financial performance management software that helps companies manage their finances. Demand for software of this kind remains strong as more
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For Martin Luther King Day, the U.S. treasuries were closed yesterday. In the meantime, on Wednesday, the Americans are waiting for the unveiling of Joe Biden. In the run-up to that time, a $1900 billion corona support plan was already revealed. Janet Yellen, Minister of Economy, also accepts. The former Fed Chairman suggests that a
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One of the world’s top videoconferencing platforms, Zoom Video Communications (ZM), has raised $2 billion in a secondary share issue. The Wall Street Journal reported that Zoom CFO Kelly Steckelberg said that Zoom initially expected to receive $1.5-1.75 billion but received more thanks to investors’ high demand. According to a Zoom Inc (ZM) press release,
On January 14, the American stock indices closed in the red. The S&P 500 index dropped 0.38% to 3796 points, the NASDAQ dropped 0.12%, the Dow Jones lost 0.22%. The weakening of optimism was due to macrostats. The number of initial applications for unemployment benefits for the week unexpectedly rose to the highest in five
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