Articles for category: Most Popular

Why Dermata Therapeutics Saw Late Surge in Stock Price Why Dermata Therapeutics Saw Late Surge in Stock Price

Dermata Therapeutics, Inc. DRMAW shares rallied in after-hours trading following a pivotal development – the granting of a new patent in Japan for its revolutionary DMT410 program designed to address hyperhidrosis. The Breakdown: The company revealed the patent issuance post-market close on Thursday, marking a milestone as Dermata’s inaugural patent for DMT410. The innovative program ...

The Big Amazon Buzz: Wall Street’s Premier Pick for 2024

Analyst Affection Amazon.com, Inc AMZN has attracted substantial attention in the first week of 2024, as it has emerged as a favorite for numerous analysts. Groundbreaking Acclaim What You Need to Be Informed: Wednesday witnessed an exceptional occurrence, with five different analyst firms declaring Amazon their top pick for 2024, as reported by CNBC. Analyst ...

Will the Bitcoin ETF Finally Get the Green Light in 2024? Will the Bitcoin ETF Finally Get the Green Light in 2024?

This is the third version of this headline I’ve published in this newsletter. And the answer may finally be yes: A spot bitcoin exchange-traded fund (ETF) may begin trading in the U.S. in the coming weeks. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to ...

Nasdaq 100 Faces Record Consecutive Negative Sessions Amid Tech Stock Tumble Nasdaq 100 Faces Record Consecutive Negative Sessions Amid Tech Stock Tumble

The Nasdaq Suffers Historic Tech Stock Tumble The Nasdaq 100 index has just concluded its fifth consecutive session in the red, signifying the most substantial negative streak for U.S. tech stocks in almost 14 months. This downturn commenced after reaching all-time highs on Dec. 28, 2023, at 16,696, but eventually closed down 0.05%. Since then, ...

Costco’s December Success: Net Sales Up 9.9% Costco Cash In With Extra Shopping Day in December, Nets 9.9% Sales Bump

Photo by ablokhin/iStock Editorial via Getty Images Costco, the membership-only retailer listed on NASDAQ as COST, revealed a robust 9.9% surge in net sales, amounting to $26.15 billion for the retail month of December compared to the previous year. Following this news, shares of COST experienced a nearly 1% uptick in extended trading. December not ...

Wednesday Option Activity: FDX, TGT, AMZN Wednesday’s Surge in FDX, TGT, and AMZN Options Trading

The options trading market today has been abuzz with significant activity in the stocks of FedEx Corp (Symbol: FDX), Target Corp (Symbol: TGT), and Amazon.com Inc (Symbol: AMZN). Notably, these three giants have all seen a surge in options trading volume, capturing the attention of market participants and investors alike. Feast of Options: FDX FedEx ...

AI Chip Stock Showdown: AMD vs. Nvidia

Chip stocks have been nothing short of a rocket ship over the past year, driven by the insatiable demand for artificial intelligence (AI) technology. Leading the charge are industry giants Nvidia (NVDA) and Advanced Micro Devices (AMD), both of which are at the forefront of manufacturing specialized chips that power data centers for multiple AI ...

Key Developments in the Mining and Metal Industry Key Developments in the Mining and Metal Industry

Top Stories for Jan. 3, 2024: Ivanhoe Electric’s Executive Chairman, Robert Friedland, is slated to deliver a keynote presentation at the Future Minerals Forum at the King Abdulaziz International Conference Center in Riyadh, Saudi Arabia. Additionally, President and Chief Executive Officer Taylor Melvin will participate in a panel discussion focusing on the development of a ...