Tuesday, August 16, 2022
Fate Therapeutics (FATE) is still seeing a good deal of momentum. Over the last few days, FATE announced the presentation of a new off-the-shelf, iPSC-derived, chimeric antigen receptor (CAR)-targeted cell-based cancer immunotherapy program at the American Society of Gene & Cell Therapy (ASGCT) 23rd Annual Meeting. The new preclinical program targets MHC class I related […]
The financial world had quite a shock last week when crude oil prices dropped into negative territory for the first time. While the price of the front-month oil futures contract is no longer negative, it’s still trading at just over $13 per barrel. With the exception of last week, the price hasn’t been that low […]
Not Everyone Is Feeling the Covid-19 Squeeze Earlier this week, General Motors (GM) said it’s suspending its dividend and halting all share buybacks. This is tough to hear but I can’t say this much of a surprise. The auto giant has been taking it on the chin recently. It’s no secret why. As a result […]
Zynga (ZNGA) just teamed up with Amazon.com to offer promotional content to prime subscribers. In fact, ZNGA just debuted its Words With Friends 2 content for Amazon Prime subscribers earlier this week. “This is our first deal working with Amazon (AMZN), and it’s similar to a lot of Twitch Prime deals in the market already,” […]
It seems to be every day that I read a press release or two announcing a dividend reduction. The COVID-19 triggered shutdown of the economy has a lot of companies looking to conserve cash. One way to keep money in a company is to cut or suspend dividend payments. While the dividend reduction may be […]
As communities and individuals are forced to social distance, raising anxiety, and removing many of the social outlets that are key to physical and mental health, Humana (HUM) is raising awareness of the social determinants of health. The company believes social determinants, along with health or clinical factors, should play an increasingly important role in […]
One of the primary beneficiaries to the stay-at-home revolution brought on by COVID-19 is the video communication industry. In particular, Zoom Video Communication (ZM) has been on a tear in recent weeks as more and more people use the product for meetings, discussions, and chats. ZM was trading at new highs when Facebook (FB) announced […]
For over a month now, I’ve been providing you with predictions about who will come out on top of the new normal that is quickly being established by the novel coronavirus. I’ve told you about stay-at-home stocks, work-from-home stocks, and stocks that will benefit from an acceleration in the move to do business online. The […]
Shares of electric vehicle maker, Nio (NIO) have been under pressure. All on news China will cut subsidies on new energy vehicles, such as electric cars, by 10% this year. Under China’s new plan, it will also extend subsidies for buying NEVs to 2022, and tax exemptions on purchases for two years. NIO has also […]
The COVID-19 outbreak led to the unprecedented shutdown of a large swath of the global economy. Companies now face the challenges of reduced sales, revenues, and profits. This new reality has a more significant effect on dividend-paying stocks and the investors that own the shares. Companies that don’t pay dividends don’t have to think about […]
