Meme Stock Report for 6\/29: Clover Health, Playboy, Virgin Galactic

Last Friday, Virgin Galactic Holdings Inc. (NYSE: SPCE) soared by 39% following the company’s announcement that it had received approval from the Federal Aviation Administration to carry passengers into space. That is, ordinary (if very wealthy) people willing to pay a likely ticket price in the double-digit millions for the chance. There is not a […]

Stock futures poised to gain after lackluster session

How long-term investors should focus their portfolios Hennessy Focus Fund co-portfolio manager Ira Rothberg points out his market picks. U.S. equity futures are trading slightly higher ahead of Wednesday's opening bell. The major futures indexes suggest a gain of 0.1% following Tuesday's lackluster session. GET FOX BUSINESS ON THE GO BY CLICKING HERE Asian shares […]

Biogen's stock soars as Alzheimer's drug costs revealed after FDA approval

Biogen’s Alzheimer’s drug can actually help: Dr. Marc Siegel Alzheimer’s treatment revival Biogen Inc. shares were on track for their biggest gain on record after the drugmaker released pricing for its recently approved Alzheimer’s drug Aduhelm.  Shares of the Cambridge, Massachusetts-based Biogen gained as much as 64% on Monday, hitting a record high of $468.55 […]

AMC stock halted by NYSE yet Robinhood takes heat

Matt Kohrs on the rise of meme stocks and AMC stock popularity Retail trader Matt Kohrs discusses the growing popularity of meme stocks and the influence of Reddit investors on Wall Street. AMC shares surged over 100%, prompting a trading halt by the New York Stock Exchange (NYSE) Wednesday, before resuming around 12:37 pm ET.  […]

AMC stock surges as hedge fund buys — then sells — $230M stake

More On: amc AMC stock surges as company pledges to ‘go on offense’ Some movie theater chains are dropping mask requirements ‘Meme’ mob behind Gamestop frenzy might still imperil soaring AMC Emily Watson gets ‘Too Close’ in tense psychological thriller Suspense, mystery, intrigue — the latest AMC drama has a plot twist not even the […]

Stock futures trade cautiously ahead of GDP, jobless reports

Bob Doll expecting ‘a lot of volatility’ from markets Former Nuveen chief equity strategist Bob Doll provides insight into inflation, cryptocurrencies and investing in today’s markets.  U.S. equity futures were trading lower ahead of the release of major eocnomic data. The major futures indexes suggested a decline of 0.2% when the Thursday trading session begins […]

Stock futures decline ahead of Fed minutes, retail earnings

Where to put your money in today’s market Oxbow Advisors founder Ted Oakley tags his market winners on ‘The Claman Countdown.’ U.S. equity futures pointed early Wednesday to continued selling, adding to losses from the previous session. The main futures indexes suggested a decline of 0.4% when trading begins on Wall Street. GET FOX BUSINESS […]

Stock futures higher ahead of earnings, jobless claims

Look at cyclical value stocks as economy reopens: Market strategist The Leuthold Group chief investment strategist Jim Paulsen, LPL Financial chief market strategist Ryan Detrick and The MarketGauge Group managing director Michele Schneider on today’s markets and the American economy.  U.S. equity futures are pointing to gains ahead of the start of the Thursday Wall […]