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Barrick Gold’s Major Acacia Acquisition Attacked by Hedge Fund

[yesterday 4:43 PM] Last month, Barrick Gold (NYSE: GOLD) made news when it made a $285 million offer in stock to acquire a further 36.1 percent of Acacia Mining (LON: ACA) stock in a move to further cement their ownership of the London-listed miner. Already owning…

Array Biopharma Spikes on Acquisition News

[yesterday 4:36 PM] One of the biggest small movers on today’s market is Array Biopharma, decidedly not a household name, but a firm that is making headway in innovative cancer treatment. Marketinsider’s Daniel Strauss reports the stock price of this smaller…

U.S. Stocks Calm, But Experts, Retailers Are Not

[yesterday 4:10 PM] It’s steady waters as major U.S. index figures remain mostly level this morning, heading into what might be a volatile trading week. At CNBC this morning, Fred Imbert notes a paltry 16 point change on the Dow Jones Industrial Average in early…

Why Now is a “Critical” Time for Apple, Says Analyst

[yesterday 2:00 PM] While Apple (NASDAQ: AAPL) has been doing well over the past few years, recent trade tensions between the U.S. and China could have a significant impact on the iPhone manufacturers and tech giant. With a new round of retaliatory tariffs having…

Why Goldman Sachs Says Ford Motors Stock is Now a Buy

[Jun 15 5:48 PM] One of America’s oldest auto manufacturers is supposedly undervalued. With Wall Street’s attention fixated on other competitors, such as Tesla, one analyst report indicates that the markets aren’t recognizing what is a clear buying…

Broadcom Issue Shows Impact of U.S./China Trade Problems

[Jun 14 4:02 PM] Many investors looking at the onslaught of news coming out of the US/China trade conflict know intuitively that this kind of thing is bad for business – but news this morning from the tech sector really brings home the point. A story published by…

Facebook Stock Booted from the Top Ethics Index

[Jun 14 11:29 AM] Facebook (NASDAQ: FB) just took a significant blow to its perceived transparency and trustworthiness. With issues regarding data privacy continuing to plague the company and shareholders calling for the company to split apart, one major index has…

Amazon Sued Over Alleged Child Privacy Protection Violation

[Jun 13 10:51 PM] Amazon (NASDAQ: AMZN) is facing two lawsuits in the U.S. that accuse the company of violating child privacy protection through its Alexa AI assistant. The pair of federal lawsuits filed in Seattle and Los Angeles, allege that the e-commerce giant…

Oil Prices Soar On Reports Of Tanker Attacks In The Gulf Of Oman

[Jun 13 12:19 PM] Oil prices rebound Oil prices jumped on Thursday morning following reports that two tankers have been attacked in the Gulf of Oman, near the Iranian coastline. Multiple shipping agents say oil tankers Kokuka Courageous and Front Altair sustained…

Savara Plummets 71% After Drug Study Fails to Yield Results

[Jun 13 11:27 AM] Biotech companies have been making some major moves in the markets for the past couple of weeks as news developments both positive and negative come into play. Today was no different as one of the biggest movers for Wednesday’s trading session…

Mattel Gains on Saying No to MGA

[Jun 12 4:50 PM] Classic toymaker Mattel (NASDAQ: MAT) is a publicly traded company under pressure these days, but it seems to have gotten a jump by rejecting a merger offer from MGA Entertainment, a much newer company. Some would say that the privately held MGA is…

U.S. Market Delicately Balanced on Fed and Trade

[Jun 12 4:00 PM] As of this morning, we have yet to see U.S. index figures go either way, although DJIA spiked some 40 points early before settling back down – but there was decidedly negative movement in world stocks overnight, and some “weakening,” as the…

Elon Musk Says Tesla Could Have a Record-Setting Quarter

[Jun 12 1:30 PM] Tesla (NASDAQ: TSLA) has been struggling over the past few months, with first-quarter sales figures coming in at below Wall Street’s expectations. As market sentiments turned against the company with most experts sounding the alarm bells, Tesla…

Texas Legalizes Hemp and CBD Production

[Jun 12 12:15 AM] Another U.S. state has legalized CBD and hemp production recently much to the enthusiasm of investors and analysts. Governor of Texas Greg Abbott signed a new law late on Monday which legalized cannabinoid (CBD) production in the state while…

Beyond Meat Stock Plummets After JP Morgan Downgrade

[Jun 11 5:59 PM] Shares of Beyond Meat (NASDAQ: BYND) had a rough session on Tuesday after the stock was downgraded to a neutral rating from overweight by J.P. Morgan analyst Ken Goldman. News of the downgrade sent shares in the alternative meat company down 20% in…

Lyft Jumps On Analyst Upgrade, Positive Outlook

[Jun 11 1:30 PM] Shares of Lyft Inc (NASDAQ: LYFT) rose before the opening bell Tuesday, after the stock was upgraded to positive from neutral by an analyst at Susquehanna. In a note to investors, analyst Shyam Patil wrote: “With the US rideshare market becoming…

U.S. Stock Markets Set To Continue Rally As Trade Tensions Ease

[Jun 11 12:13 PM] Wall Street poised to open higher Early trading trends from the U.S. stock index futures indicate stocks will extend gains on Tuesday, as investors continue to celebrate the US-Mexico deal that averted 5% tariffs on all Mexican imports. As of 5:51…