Fresh off IPO, ‘biofacturing’ company Zymergen’s stock plunges more than 70% after some really bad news
Less than four months after going public, Zymergen announces that its sole current product is struggling, a major target…
How investors are using alternative data to track the inflation debate
With the debate over inflation dominating financial markets as the global economy reopens from the COVID-19 pandemic, investors…
Robinhood’s stock soars toward first close above IPO price
Shares of Robinmood Markets Inc. shot up 16.5% in midday trading Tuesday to $43.88, putting them on track to…
Expeditors beats earnings expectations, sees logistics challenges remaining for rest of the year
Expeditors International of Washington Inc. reported Tuesday second-quarter profit and revenue that rose well above expectations,…
Sanofi to buy mRNA developer for $3.2 billion
Shares of Translate Bio Inc. soared 29.8% in premarket trading on Tuesday after Sanofi said it will spend $3.2…
Arconic stock slips after swinging to loss, while revenue came up short of expectations
Shares of Arconic Corp. slipped 0.2% in premarket trading Tuesday, after the aluminum company swung to a loss, which…
Marvell Technology to acquire Innovium in all-stock deal valued at $1.1 billion
Marvell Technology Inc. said Tuesday it has reached an agreement to acquire Innovium Inc., a provider of software for…
You may not believe it, but August actually is a great time to be in stocks
August has delivered investors above-average gains over much of the U.S. market’s history.
Need to Know: JPMorgan’s Kolanovic pinpoints the moment to start investing in this ravaged asset class again
China’s regulatory crackdown has rattled U.S. investors. But JPMorgan says it’s time to stop panicking.
Eli Lilly’s stock falls after profit comes up short of expectations, while revenue beat
Shares of Eli Lilly & Co. fell 1.4% in premarket trading Tuesday after the drug maker missed second-quarter profit…
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