Text size Breaking even seems possible for the second quarter, according to a leaked email from Tesla CEO Elon Musk. That is fueling a mini rally in Tesla stocks. A big enough profit in the second quarter could cause Tesla shares to join the S&P 500. Sean Gallup / Getty …
Read More »Micron Stock jumps in profit. What investors should know.
Text size Photograph by Tomohiro Ohsumi / Bloomberg Shares of Micron Technology rose after the memory chip maker reported fiscal third-quarter earnings and sales on Monday that exceeded guidance released by the company just a month ago. Micron’s shares (ticker: MU) rose 5.2% in pre-trade trading. Shares closed 1.4% during …
Read More »Micron Earns Profits on Strong Third Quarter Earnings Report and Continuing Demand for Memory Chips
Text size Photograph by Tomohiro Ohsumi / Bloomberg Shares of Micron Technology rose Monday night, after the memory chip maker reported third-quarter tax earnings and sales that exceeded guidance released by the company just a month ago. Micron shares (ticker: MU) rose 6% in the extended session. Shares closed 1.4% …
Read More »Intercept actions fall on NASH disappointment
Text size Dirk Waem / Getty Images NASH was once the next big thing for big drug companies; a newly defined disorder that requires chronic treatment that affects millions of people in developed countries. Dozens of companies are developing drugs for the disease, which can cause life-threatening conditions like decompensated …
Read More »The Dow Jones Industrial Average gains 580 points because no one knows if the stock market is going up or down
Text size Raise your hand if you saw it coming? That’s the massive gain from the Dow Jones Industrial Average, of course. The Dow was up 580.25 points, or 2.3%, while the S&P 500 was up 1.5%, and the Nasdaq Composite finished 1.2%. The first gains were boosted by Boeing …
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