Putting the Heat on Analog Devices Inc. [ADI]
Analog Devices Inc. (ADI) released its latest financial report for the first quarter of fiscal 2021. The report showed that revenues had double-digit growth, while profits and dividends were up as well. Nevertheless, the quotes were lower than expected due to decreased cash flow. The stock market sometimes becomes too complicated for even the most […]
Pfizer (PFE) Aims $15 billion from COVID-19 vaccines sales in 2021
Pfizer (PFE) stock declined slightly despite a strong earnings report on Tuesday as investors focused on the company’s quarterly results. PFE stock performance year-to-date stands at -4.94%, while its performance over the last seven days is just below -6.22%. For the past month, the stock’s price index fell by -4.94%, and over the previous three-month […]
DraftKings Inc. (DKNG): Are Investors Missing The Big Picture?
Sports betting continues to grow as more US states legalize it, and DraftKings Inc. (NASDAQ: DKNG) is also taking advantage of this growth. DraftKings is a platform for online gambling and betting. In recent quarters, the company has expanded significantly in the US market, where it operates in several states. Due to the legalization of […]
Monetizing WhatsApp Is Undermining Facebook (FB) Reputation
Facebook (FB) in 2021 will undergo a series of tests, besides the ongoing antitrust investigations conducted by the US government and the European Union about its acquisitions of Instagram and WhatsApp. A major problem occurred during the Capitol storming when Donald Trump supporters used Facebook platforms, resulting in five deaths. Twitter (TWTR) and Facebook (FB) […]
Riot Blockchain (RIOT) Stock And The Hype Around Cryptocurrency
During the last year, a growth driver for Riot Blockchain, Inc. (RIOT), a public entity that provides support for blockchain technology, is the increasing utility of bitcoin and other cryptocurrencies. The business can be a destination for purchasers who are rightly wary of specifically buying cryptocurrencies. Riot Blockchain owns a large fleet of mines, a […]
Shopify (SHOP) Stock Grew By 188% This Year, But e-Commerce Platform Has To Struggle Ahead
Since the beginning of this year, shares of the e-Commerce platform Shopify Inc. (SHOP) have risen by 188%. The growth driver was the momentum in e-Commerce against the background of COVID-19. However, Wall Street analysts ‘ opinions on the future of Shopify are mixed. According to positive analysts, Shopify will continue to improve business efficiency, […]
Upwork (UPWK) Stock Rose 2.5 Times This Year, Thanks To Increase In Remote Working Trend During Covid
The freelancer search site Upwork Inc. (UPWK) has risen more than 249 percent since the beginning of the year. During the COVID-19 pandemic and forced social isolation, the services provided by the company proved extremely successful. After the pandemic, however the move toward remote work and recruiting temporary workers is likely to continue. Therefore, Upwork’s […]
Vuzix (VUZI)’s insight into the usage of Virtual Reality Smart Glasses in healthcare
Vuzix Corporation (NASDAQ: VUZI) reported that the Organization would have an industry insight on the use of Augmented Reality Smart Glasses in healthcare during a keynote discussion as part of the forthcoming VRARA Healthcare Conference, which will be conducted virtually on 16 December 2020 starting at 12:00 PM EST. In hospitals worldwide, Vuzix Smart Glasses […]
Tesla to pause production of Model S, Model X for 18 days around Christmas
According to an email disclosed by CNBC, Tesla (NASDAQ: TSLA) told its workers at its Fremont, California, factory on Friday that its Model S and Model X electric vehicle production lines would close from December 24 to January 11. To offset one of the two and a half weeks of the closure, along with a […]
Rocket Pharmaceuticals (RCKT) Touches 5-Year High on Positive Gene Expression; Also, Prices Upsized Common Stock Offering
Rocket Pharmaceuticals reports promising Phase 1 data from its gene therapy in heart disease. RCKT shares skyrocketed, reaching a five-year high of $63.94. The pharmaceutical firm upsizes its public offering of 4.6 million of its common stock, valued at $260 million. Shares of Rocket Pharmaceuticals, Inc. (RCKT) rallied to their 5-years high after the company […]
