Text size Kodak is making a foray into generic drug ingredients Daniel Acker / Bloomberg Eastman Kodak’s shares are enjoying a renaissance. Shares rose 160% on Wednesday morning, taking advantage of the incredible gain of more than 200% on Tuesday. New capital and new business are the reasons for the …
Read More »Trump promotes Kodak loan and EPP acquisition, defends hydroxychloroquine video
President Donald Trump speaks during a press conference at the White House on Tuesday. Associated Press President Donald Trump confirmed Tuesday that the administration was using the Defense Production Act to provide a $ 765 million loan to support Eastman Kodak’s efforts to produce the active ingredients necessary to manufacture …
Read More »Kodak’s shares triple when the company announces a pandemic plan to start manufacturing pharmaceutical ingredients.
The Trump administration’s $ 765 million loan to Eastman Kodak Co. for the launch of a business that makes pharmaceutical ingredients caused the actions of the iconic camera company to skyrocket. Kodak’s stock KODK, + 203.05% More than 200% recovered on Tuesday after the Trump administration announced the news. The …
Read More »Bigger tech stocks get even bigger: Amazon, Apple, and Microsoft stocks set records
Text size The four largest technology companies are now worth almost as much as the next 19 largest companies listed in the United States together. Tomohiro Ohsumi / Getty Images Mega-capitalization technology companies are growing again. On another strong day for the general market on Monday, the shares were led …
Read More »How Nvidia moved from gaming to AI to riding with Mercedes
Text size Courtesy of Mercedes-Benz. If you’ve ever spent hours pushing buttons on a video game controller, I’d like to thank you for your service. I’m starting to think you helped invent driverless cars. You may have also participated in cancer treatments. See Tuesday, Nvidia (ticker: NVDA), a powerhouse of …
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