After 33 years of operational difficulties, American vaccine development company Novavax has finally received approval for its COVID-19 vaccine shot. According to testing results, the Novavax vaccine has efficacy rates that are of a similar level to the vaccines developed by Pfizer and BioNTech as well as Moderna.
As the...
Bank of America Corp joined its biggest rivals in capitalizing on the stock market bonanza that occurred this year. With the NYSE enduring a wild ride, BofA experienced a 17% rise in sales and trading throughout the first quarter, with equities and underwriting more than tripling.
During a conference call...
Chinese delivery and warehousing firm JD Logistics surged during its debut on the Hong Kong Stock Exchange, amassing a stock market value of $34 million to make it the exchange's second-largest listing this year.
During its debut on Friday, JD Logistics shares rose 18.3% above its initial public offering (IPO)...
With vital inflation data scheduled to be released publicly later this week, future shares traded on the Nasdaq and S&P 500 dropped on Monday amid investor uncertainty.
Technology shares similarly experienced declines of their own, with hi-tech heavyweights largely rejecting a deal by members of the Group of Seven (G7)...
Software startup Sprinklr is looking to target a $5 billion valuation through its Initial Public Offering (IPO) on the New York Stock Exchange, the company revealed on Monday. The company is determined to raise up to $380 million in its efforts.
With high-profile customers including the likes of Microsoft Corp...
While already the most shorted stock on the market, American Airlines Group Inc skyrocketed yet again after being mentioned on the Wall Street Bets forum on Reddit. This comes after GameStop Corp. stocks surged due to being the focal point of debate on the exact same forum.
American Airlines's rapid...
Vehicle-for-hire company Didi Global Inc. experienced a 7% decline on the New York Stock Exchange on Friday following a Chinese government decision to launch a cybersecurity review of the company. As a result, Didi, which only started trading publicly on Wednesday, fell to a value of $15.26 per share.
The...
U.S. stocks experienced widespread gains as markets came to a close on Thursday. This rise came as a result of renewed investor confidence due to solid corporate earnings outweighing the threat that the new delta variant of the coronavirus poses to economic recovery.
While the S&P 500 rose by 0.4%...
Data analytics startup Amplitude made its direct trading debut on the New York stock exchange on Tuesday, with shares beginning the day trading at $50 on Nasdaq. As is the case with other direct listings, Amplitude will not issue new shares at a set price. Instead, shareholders will have...
Crude oil futures on the New York Stock Exchange reached $83 per barrel on Friday morning, thereby offsetting an earlier decline when the dollar was weakening. This increase comes as the supply of the largest American oil storage hub dries up amid an energy crisis which has led to...