Articles
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5 days ago |
fool.com | Eric Volkman
On a generally upbeat Monday for the stock market, investors weren't only buying into U.S. companies. Quite a few of them also piled into the American Depositary Receipts (ADRs) of Danish biotech Genmab (GMAB 3.94%), on the back of encouraging news from the laboratory. Management's disclosure of the status of a shareholder-pleasing initiative also helped boost sentiment. The price of those ADRs rose by almost 4% as a result -- quite a distance higher than the S&P 500's (^GSPC 0.41%) 0.4% advance.
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5 days ago |
fool.com | Eric Volkman
Investors were surely discovering drug discovery company AbCellera Biologics (ABCL 6.19%) as the trading week kicked off on Monday. On encouraging news in an important North American jurisdiction, those folks bid the biotech's stock up by almost 6% on the day. That was a far higher jump than the 0.4% increase of the benchmark S&P 500 index.
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5 days ago |
fool.com | Eric Volkman
Since the start of the tariff war, investors have been nervous about microchip stocks. That feeling wasn't much in evidence with Broadcom (AVGO 2.67%) on Monday, however, as the company's shares added 3% in value that trading session. A confident and bullish analyst note helped boost sentiment, and power Broadcom to a win over the S&P 500's (^GSPC 0.41%) 0.4% daily gain.
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5 days ago |
fool.com | Eric Volkman
Many investors were jumping aboard Meta Platforms (META 3.61%) stock on Monday, so much so that the pricey social media company's shares rose by almost 4%. Much of this was a reaction to a media report stating that Meta would lean heavily on artificial intelligence (AI) to boost its revenue. The stock's rise easily trumped that of the S&P 500 index, which increased 0.4% on the day. Serious AI advancement planned?
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1 week ago |
fool.com | Eric Volkman
A forgettable Friday on the equities market and intensifying worries about the state of global trade inspired many investors to avoid cryptocurrencies throughout the day. In late afternoon trading, it was hard to find any that were even trading sideways, let alone adding to their value. Among the host of decliners was top coin Ethereum (ETH -4.24%), serving as an uninspired example with a nearly 3% price tumble as of 4 p.m. ET.
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