Zynga, Lululemon, Virgin Orbit, Tilray: What to Watch When the Stock Market Opens Today

Updated Jan. 10, 2022 9:34 am ET Wall Street stock indexes opened lower ahead of inflation data and the first wave of major earnings reports later this week. Here’s what we’re watching in Monday’s trading: It’s a happy day in FarmVille: Take-Two Interactive TTWO -1.45% is acquiring Zynga ZNGA -1.10% in a stock-and-cash deal. Zynga … Read more

Stock Market Today: Dow Rises, Bitcoin Rallies, Biogen Slumps

Text size Federal Reserve Chair Jerome Powell has said the Fed will act against inflation. Today’s inflation data may see a 40-year high. Brendan Smialowski-Pool/Getty Images Stocks were rising Wednesday after key U.S. inflation data, which showed the highest year-over-year rise in inflation in 40 years. Much to the delight of stock investors, the data … Read more

US Federal Reserve Vice Chairman Announces Resignation Following Stock Trading Scandal

Published: 11 ene 2022 11:05 GMT Richard Clarida’s 2020 financial statements have raised speculation about possible insider trading. The Vice Chairman of the United States Federal Reserve Board (Fed), Richard Clarida, has announced that he will resign from his position two weeks before their term expires. The unexpected resignation comes after his recently amended 2020 … Read more

This Space Stock Will Reach Orbit With a Little Help From Good Old H2O

Text size Courtesy Momentus Commercial space stocks have been hit hard by fears of higher interest rates. Some see the drop as an opportunity, which explains new Buy ratings for two companies—both within a few days of each other. The latest came Monday for space logistics provider Momentus . Planet Labs, which offers high-resolution images … Read more

Virgin Galactic Stock: Best Time To Go Long Is Now (NYSE:SPCE)

David McNew/Getty Images News Investment Thesis Despite reaching the most important milestone in its history, Virgin Galactic (NYSE:SPCE) shredded off nearly 80% of its value since June last year. Although it is still one year away from the first revenue-generating spaceflight, the extend of its selloff is not warranted considering its progress and $1bn in … Read more

VORB Stock Alert: Why Is Virgin Orbit Blasting Off Today?

Right now, investors in Virgin Orbit (NASDAQ:speech) are happy it’s Friday. VORB stock has soared more than 25% higher today, finally gaining some altitude after days of nosediving following the company’s high-profile special purpose acquisition company (SPAC) merger last week. Source: shutterstock.com/viewimage News that Virgin Orbit rung the opening bell of the Nasdaq exchange has been … Read more

SPCE Stock Is Lost in Space and Going Nowhere Soon

Despite some overhyped daily gains, Virgin Galactic (NYSE:SPCE) stock is going nowhere. Source: Brian Friedman / Shutterstock.com The space plane company was initially forged through a special purpose acquisition company (SPAC). It went public as Virgin Galactic in late 2019. Although SPCE stock saw some success during its debut, it has since made a round … Read more

Covid-19: Jean Caxtex brings together 10 ministers to “take stock” of Omicron

Matignon announced this Sunday January 2 that Prime Minister Jean Castex will meet this Monday January 3 at 4:10 pm of his ministers “in order to take stock of the impact of the Omicron variant and the continuity of essential public services”. Among the sectors concerned by this meeting, Matignon cited “hospitals, educational facilities, public … Read more

ASTR Stock Alert: 9 Things to Know About the Short Report Hitting Astra Space

InvestorPlace – Stock Market News, Stock Advice & Trading Tips Shares of Astra Space (NASDAQ:ASTR) stock are plummeting today after Kerrisdale Capital released a 26-page short report on the company. Astra became a public entity this year after merging with Holicity, a special purpose acquisition company (SPAC). Furthermore, Astra operates as a satellite and rocket … Read more