Posts filtered by tags: Movers[x]


 

Climate Change SPAC soars 80% amid plans to merge with electric-vehicle charging network EVgo

Jackyenjoyphotography/Getty Images Electric vehicle charging network EVgo is going public via a merger with the Climate Change Crisis Real Impact I SPAC.The merger will value EVgo at $2.6 billion and raise $575 million in proceeds for the company to expand its charging network.Shares of the Climate Change SPAC soared as much as 80% in Friday trades.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The Climate Change Crisis Real Impact I SPAC soared as much as 80% on ...
Tags: Lyft, Finance, Trends, Markets, Tesla, Electric Vehicles, Trading, Stocks, Stock Market, Goldman, Movers, SPAC, David Crane, Matthew Fox, Mover, SPAC IPO


Affirm extends its 2-day post-IPO surge to 160%

Affirm Affirm continued its post-IPO winning streak on Thursday. The stock has now surged as much as 160% in just two days of public trading. The online installment loan provider recently , selling 24.6 million shares for $49 each. Since Affirm's founding, more than 6 million consumers have used the online lender to pay overtime. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Affirm extended its two-day post-IPO streak on Thursday as shares surged 31% at intrad...
Tags: Trends, Markets, Peter Thiel, SEC, Stocks, Stock Market, Nasdaq, Max Levchin, Affirm, Movers, Spark Capital, GIC, Levchin, Tech Stocks, Mover, Stock Mover


Elon Musk tweeted a meme that helped spark a 4% jump in a Japanese video game stock

Mike Blake/Reuters Shares of Bandai Namco, a Japanese video game maker, surged as much as 4% after Elon Musk tweeted a meme that included a character from one of its properties."Hey you...Yeah you Queen...You're gonna make it!" Musk tweeted to his 42 million followers along with an accompanying image.Sign up here our daily newsletter, 10 Things Before the Opening Bell.A Tuesday night tweet of a meme from Elon Musk is all it took for shares of Bandai Namco to surge 4% in Wednesday trades."H...
Tags: Twitter, Elon Musk, Finance, Trends, Markets, Trading, Stocks, Stock Market, Goldman, Movers, Musk, Meme, Bandai Namco, Mike Blake, Namco, Matthew Fox


Zomedica has soared 270% since Carole Baskin of 'Tiger King' promoted the company in a Cameo video

Josh Pieters and Archie Manners Shares of Zomedica have soared as much as 270% since a video surfaced online that shows Carole Baskin of Netflix's hit show "Tiger King" promoting the company and one of its products.The video appears to have been made for a user of the Cameo app, where Baskin will record minute long messages for $299."I don't know if you guys have heard about Zomedica, but they help our veterinarians and our furry friends," Baskin said.Sign up here our daily newsletter, 10 ...
Tags: Trends, Markets, Netflix, Trading, Stocks, Stock Market, Goldman, Movers, Baskin, Matthew Fox, Penny Stock, Carole Baskin, Penny Stocks, Cameo app, Mover, Josh Pieters


3 Rules to Follow When Packing For a Long Distance Move

Moving across the country can be a thrilling experience, one that gives you a chance to explore new cities and get a fresh start in your personal life or career.  But a long distance move is also a complicated and exhausting process, one that can take weeks of careful planning. If you want to make your trans-continental trek as pain-free as possible, here are three rules to follow when packing up your house.  1. Don’t Take What You Don’t Need If you’re doing a long distance move...
Tags: Fashion, Moving, Movers, Packing, Packing Hacks, Moving Tips, Home Life, Moving Company, Moving Guide, Moving With Kids, Moving Boxes, Packing Guide


EV startup Faraday Future targets $3 billion public debut as SPAC craze continues

The Faraday Future FF91. Lucy Nicholson/Reuters EV startup Faraday Future is looking to go public via a merger with a SPAC, Bloomberg reported. Property Solutions Acquisition Corp is in talks with Faraday to bring the EV maker public at a valuation of about $3 billion, according to Bloomberg.Property Solutions traded up as much as 21% following the report.Visit Business Insider's homepage for more stories.The SPAC craze has continued into 2021 as electric vehicle startup Faraday Future look...
Tags: Trends, Markets, Tesla, Bloomberg, Nvidia, Trading, Stocks, Stock Market, Movers, Faraday, Faraday Future, Reuters, Ev, SPAC, Jia Yueting, Lucy Nicholson


Nio soars 14% to top $100 billion market valuation after unveiling the luxury ET7 sedan

(Photo by STR / AFP) / China OUT (Photo by STR/AFP via Getty Images) Nio soared as much as 14% on Monday after it unveiled its first luxury electric sedan over the weekend, called the ET7.Nio also announced a partnership with Nvidia to develop autonomous driving capabilities for its vehicles.Monday's move higher in shares helped Nio top a market valuation of more than $100 billion.Following the unveiling of the ET7, JPMorgan raised its price target on Nio to $75.Watch Nio trade live here.N...
Tags: China, Trends, General Motors, Markets, Electric Vehicles, Nvidia, Trading, Stocks, Stock Market, Movers, Jpmorgan, NIO, Matthew Fox, Mover, Nio stock, Nio stock price


Signal Advance has soared 11,708% since an Elon Musk tweet recommending a similarly named privacy app spurred ticker confusion

Reuters Signal Advance has soared as much as 11,708% after Elon Musk tweeted "Use Signal" on Thursday.Investors seem to have confused Musk's tweet advocating for people to use a privacy messaging app with an unrelated publicly traded company.Visit Business Insider's homepage for more stories.Shares of Signal Advance have soared as much as 11,708% since Tesla CEO Elon Musk tweeted "Use Signal" to his 42 million followers on Thursday.Investors seem to have confused Signal Advance with the en...
Tags: Elon Musk, Finance, Trends, Markets, Tesla, Trading, SEC, Stocks, Stock Market, Signal, Movers, Musk, Matthew Fox, Zoom Technologies, Mover, Stock Market 2021


Nio soars 11% after unveiling the luxury ET7 sedan and partnering with Nvidia on autonomous driving

(Photo by STR / AFP) / China OUT (Photo by STR/AFP via Getty Images) Nio soared as much as 11% on Monday after it unveiled its first luxury electric sedan over the weekend, called the ET7.Nio also announced a partnership with Nvidia to develop autonomous driving capabilities for its vehicles.Following the unveiling of the ET7, JPMorgan raised its price target on Nio to $75.Watch Nio trade live here.Nio soared as much as 11% to record highs on Monday after it unveiled its first electric lux...
Tags: China, Trends, General Motors, Markets, Electric Vehicles, Nvidia, Trading, Stocks, Stock Market, Movers, Jpmorgan, NIO, Matthew Fox, Mover, Nio stock, Nio stock price


Nio soars 14% to top $100 billion market valuation after unveiling the luxury ET7 sedan and partnering with Nvidia on autonomous driving

(Photo by STR / AFP) / China OUT (Photo by STR/AFP via Getty Images) Nio soared as much as 14% on Monday after it unveiled its first luxury electric sedan over the weekend, called the ET7.Nio also announced a partnership with Nvidia to develop autonomous driving capabilities for its vehicles.Monday's move higher in shares helped Nio top a market valuation of more than $100 billion.Following the unveiling of the ET7, JPMorgan raised its price target on Nio to $75.Watch Nio trade live here.N...
Tags: China, Trends, General Motors, Markets, Electric Vehicles, Nvidia, Trading, Stocks, Stock Market, Movers, Jpmorgan, NIO, Matthew Fox, Mover, Nio stock, Nio stock price


JPMorgan says bitcoin could rally as high as $100,000 - but warns that such a surge would be 'unsustainable'

Drew Angerer/Getty Images Bitcoin could stage a monster rally in 2021 to as high as $100,000, but pricing at that level "would prove unsustainable," JPMorgan said in a note on Monday."We believe that the valuation and position backdrop has become a lot more challenging for bitcoin at the beginning of the New Year," JPMorgan said.At its current market cap of $575 billion, bitcoin would have to surge to $146,000 to match the total private sector investment in gold via ETFs or bars and coins,...
Tags: Finance, Trends, Investing, Markets, Bitcoin, Crypto, Trading, Goldman, Movers, Jpmorgan, Tom Lee, Matthew Fox, Fundstrat, Bitcoin Price, Mover, Crypto Assets


AstraZeneca jumps 4% after CEO says its COVID-19 vaccine will reach efficacy of 95%

AstraZeneca CEO Pascal Soriot in London in 2014. Neil Hall/Reuters The COVID-19 vaccine developed by AstraZeneca could be 95% effective in preventing the virus, CEO Pascal Soriot told the Sunday Times over the weekend.Soriot also said he thinks the vaccine could protect against a new strain of COVID-19 that is more contagious than the original and is spreading throughout the UK.AstraZeneca submitted vaccine data to UK health regulators last week and emergency use authorization could be immi...
Tags: UK, London, Finance, US, Trends, Investing, Markets, Deutsche Bank, Trading, Astrazeneca, Stocks, Pfizer, Pascal Soriot, Stock Market, Sunday Times, Movers


AstraZeneca jumps 4% after CEO says its COVID-19 vaccine could reach 95% efficacy

AstraZeneca CEO Pascal Soriot in London in 2014. Neil Hall/Reuters AstraZeneca CEO Pascal Soriot told The Sunday Times over the weekend that he thinks the COVID-19 vaccine the company is developing could be 95% effective at preventing infection.Soriot also said the vaccine likely could protect against a new strain of COVID-19 that is thought to be more contagious and is spreading in the UK.AstraZeneca submitted vaccine data to UK health regulators last week. An emergency use authorization c...
Tags: UK, London, Finance, US, Trends, Investing, Markets, Deutsche Bank, Trading, Astrazeneca, Stocks, Pfizer, Pascal Soriot, Stock Market, Sunday Times, Movers


AstraZeneca jumps 6% after CEO says its COVID-19 vaccine will reach efficacy of 95%

AstraZeneca CEO Pascal Soriot in London in 2014. Neil Hall/Reuters The COVID-19 vaccine developed by AstraZeneca could be 95% effective in preventing the virus, CEO Pascal Soriot told the Sunday Times over the weekend.Soriot also said he thinks the vaccine could protect against a new strain of COVID-19 that is more contagious than the original and is spreading throughout the UK.AstraZeneca submitted vaccine data to UK health regulators last week and emergency use authorization could be immi...
Tags: UK, London, Finance, US, Trends, Investing, Markets, Deutsche Bank, Trading, Astrazeneca, Stocks, Pfizer, Pascal Soriot, Stock Market, Sunday Times, Movers


GameStop soars 29% to multi-year high as Chewy co-founder ups investment stake

Reuters GameStop soared as much as 29% on Tuesday to multi-year highs as the co-founder of Chewy.com, Ryan Cohen, upped his investment stake in the video game retailer.Through RC Ventures, Cohen now owns a 12.9% stake in GameStop worth $140 million as of Monday's close, according to an SEC filing. Cohen previously revealed in a September filing that he purchases a 9.9% stake in the company.Watch GameStop trade live here.Chewy.com co-founder Ryan Cohen is continuing to add to his stake in G...
Tags: Trends, Markets, Trading, SEC, Stocks, Stock Market, Gamestop, Movers, Board, Cohen, Matthew Fox, Ryan Cohen, Video Game Consoles, Watch GameStop, Mover, Gamestop stock price


Lidar stocks extend 2-day pop to more than 30% on report that Apple is building its own car

Apple Velodyne and Luminar, two companies that make lidar sensors, extended their two-day surges to more than 30% following a Reuters report that Apple is building its own electric car.Lidar sensors are a key component for self-driving cars, as they allow the car to see a 3D image of their surroundings and navigate the environment accordingly.Though Velodyne and Luminar have not been named, Apple is using outside partners for its self-driving system that is under development, including lid...
Tags: Apple, Finance, Trends, Markets, Tesla, Bank Of America, Electric Vehicles, Stocks, Stock Market, Apple Stock, Lidar, Movers, Reuters, Apple Car, SPAC, Tesla CEO Elon Musk


Editas surges 50% as ARK founder Cathie Wood sees genomic stocks driving returns for the next 5 years

Cathie Wood is the CEO and chief investment officer of ARK Invest, which runs three of the highest-returning stock ETFs of the last three years. ARK Invest Editas Medicine soared as much as 50% on Monday to record highs amid recently commentary from ARK Invest founder Cathie Wood saying genomic stocks will drive returns for her investment portfolios over the next five years.In an interview with Bloomberg on Friday, Wood said her and her team believes "the next FANG [stocks] are in the genom...
Tags: Trends, Markets, Bank Of America, Bloomberg, Genomics, Stocks, Stock Market, Wood, Crispr, Movers, Editas Medicine, CRISPR Therapeutics, Intellia Therapeutics, Editas, Matthew Fox, Ark


FuboTV extends 4-day rally to 89% on report the streaming service is eyeing exclusive sports content deals

Associated Press FuboTV surged as much as 28% on Monday following a report from Axios that the streaming service is considering exclusive sports-content deals.CEO David Gandler told Axios that "everything is always on the table" as it explores the potential of forming exclusive partnership deals for live sports offerings.Shares of fuboTV are up 89% over the past four days, pushing year-to-date gains to 463%.Visit Business Insider's homepage for more stories."Everything is always on the tab...
Tags: Finance, Trends, Markets, Bank Of America, Bloomberg, Streaming, Trading, Stocks, Espn, Stock Market, Nickelodeon, Viacom, Streaming Services, Streaming Service, Movers, Matthew Fox


Bitcoin plunges the most in nearly a month after its record-breaking surge past $24,200

Reuters Bitcoin plummeted as much as 6% on Monday, representing the deepest drop in the crypto asset in nearly a month.The decline comes after Bitcoin rocketed to record highs above $24,200 as adoption among institutional investors and companies like Square, and PayPal increases.A reported hack at the hardware wallet firm Ledger as well as the US Treasury's proposed rules that would reign in the cryptocurrency likely weighed on investor sentiment.Watch bitcoin trade live here. Bitcoin retr...
Tags: Finance, Trends, Markets, Paypal, Bitcoin, Treasury, Square, Crypto, Trading, US Treasury, Cryptocurrencies, Movers, Financial Crimes Enforcement Network, Crypto Currency, Matthew Fox, Steven Mnuchin


Travel stocks plummet as new UK virus strain dents reopening optimism

MartinLueke/Shutterstock Airline and cruise stocks fell on Monday after a new COVID-19 strain identified in the UK led to a wave of more stringent lockdowns and travel restrictions in the area.It's not yet known if the new COVID-19 strain, which has a higher transmission rate, is impacted by the vaccines developed by Pfizer and Moderna.Shares of Delta Air Lines fell as much as 9% on Monday, while Carnival Corporation dropped as much as 12%.Visit Business Insider's homepage for more stories...
Tags: UK, London, Trends, Markets, Trading, Stocks, Pfizer, Airlines, Stock Market, Carnival Corporation, Airline, Royal Caribbean, Movers, Delta Air Lines, Cruise Lines, America Airlines


Roku jumps 8% after inking long-awaited distribution deal with HBO Max

Reuters Roku surged as much as 8% on Thursday after striking a long-awaited deal to carry HBO Max on its streaming platform.Since the launch of HBO Max seven months ago, WarnerMedia and Roku had failed to reach a deal for the number one streaming platform by market share to carry the new iteration of HBO.HBO Max will be available on the Roku starting today, and terms of the deal were not disclosed.Watch Roku trade live here.Roku surged as much as 8% on Thursday after it struck a long-await...
Tags: Hbo, Finance, China, Disney, Trends, Markets, Ubs, Streaming, Trading, Roku, Stocks, Stock Market, Movers, Matthew Fox, Roku Stock, Tony Goncalves


Roku jumps 7% after inking long-awaited distribution deal with HBO Max

Reuters Roku surged 7% on Thursday after striking a long-awaited deal to carry HBO Max on its streaming platform.Since the launch of HBO Max seven months ago, WarnerMedia and Roku had failed to reach a deal for the number one streaming platform by market share to carry the new iteration of HBO.HBO Max will be available on the Roku starting today, and terms of the deal were not disclosed.Watch Roku trade live here.Roku surged as much as 7% on Thursday after it struck a long-awaited deal to ...
Tags: Hbo, Finance, China, Disney, Trends, Markets, Ubs, Streaming, Trading, Roku, Stocks, Stock Market, Movers, Matthew Fox, Roku Stock, Tony Goncalves


Wish falls as much as 16% below IPO price in trading debut after raising $1.1 billion

Andrew Kelly/Reuters Wish parent company ContextLogic fell as much as 14% in its trading debut on Wednesday, giving the e-commerce company a market valuation of about $15 billion.The company raised $1.1 billion when it priced its IPO at $24 per share, giving it an initial market valuation of $17 billion on a fully diluted basis.An IPO frenzy has quickly materialized in the fourth quarter of 2020, given the eye-popping surge in recent trading debuts for Airbnb, DoorDash, and C3.ai. Watch Wi...
Tags: Google, Ecommerce, Finance, Ipo, Trends, Markets, Trading, Stocks, Stock Market, Wish, Movers, Matthew Fox, ContextLogic, Mover, Airbnb DoorDash, IPO 2020


Airbnb soars 115% in trading debut as valuation pushes past $100 billion

Airbnb Founders, Chief Product Officer Joe Gebbia, CTO Nathan Blecharczyk and CEO Brian Chesky speak onstage during the "Introducing Trips" Reveal at Airbnb Open LA on November 17, 2016 in Los Angeles, California. Mike Windle/Getty Images for Airbnb Airbnb soared 115% at the open in its trading debut on Thursday, giving the peer-to-peer lodging service a market valuation of more than $100 billion.Airbnb raised $3.5 billion in funds when it priced its IPO at $68 per share, giving it an initi...
Tags: La, Finance, Ipo, US, Trends, Markets, Tesla, Trading, Stocks, Airbnb, Stock Market, Brian Chesky, Movers, Doordash, Hyatt, Hilton Worldwide


Greenwich LifeSciences rockets 2,941% in a single day after encouraging phase 2 data on breast cancer treatment

Lucas Jackson/Reuters Greenwich LifeSciences skyrocketed as much as 2,941% on Wednesday following encouraging phase 2b data for its breast cancer immunotherapy treatment, GP2.A poster presentation for GP2 at the San Antonio Breast Cancer Symposium revealed a 100% survival rate for all participants in its phase 2b clinical trial.Greenwich LifeSciences is now preparing to enter GP2 into a phase 3 clinical trial to treat a similar population of moderate to severe breast cancer patients.Watch ...
Tags: Elon Musk, Finance, Trends, Markets, Tesla, Credit Suisse, Trading, Stocks, Biotech, Stock Market, Biotech Stocks, Greenwich, San Antonio, Movers, Ron Baron, Matthew Fox


Cloud-storage firm Snowflake is now more valuable than IBM after 258% post-IPO rally

Brendan McDermid/Reuters Snowflake has surpassed IBM in market value just three months after its September market debut.Snowflake's post-initial public offer rally of 258% has propelled the cloud-storage firm to a market valuation of roughly $120 billion.That represents a 10-times return for investors in Snowflake's last private funding round in February, when the tech company was valued at $12 billion.Visit Business Insider's homepage for more stories.Snowflake's 10% rally on Tuesday help...
Tags: Finance, Ipo, Trends, Markets, Trading, Stocks, Ibm, Amd, Stock Market, Morgan Stanley, Snowflake, Movers, Matthew Fox, Cloud Stocks, Mover, Snowflake IPO


Palantir surges 17% after it wins FDA contract worth $44 million, report says

Arnd Wiegmann/Reuters Palantir surged as much as 17% on Monday after a Bloomberg report said the data-mining firm won a three-year contract with the FDA worth $44 million.Palantir's software will help drive the FDA's drug reviews and inspections, according to the report.Visit Business Insider's homepage for more stories.Palantir surged as much as 17% on Monday following a Bloomberg report that said the data-mining firm won a three-year contract with the US Food and Drug Administration.The ...
Tags: Finance, Trends, Investing, Markets, Bloomberg, Trading, Stocks, Goldman Sachs, Fda, Stock Market, Morgan Stanley, Palantir, Movers, US Food and Drug Administration, Citron Research, Matthew Fox


Pfizer, BioNTech gain after saying they'll submit their COVID-19 vaccine to the FDA for emergency approval

Dogukan Keskinkilic/Anadolu Agency via Getty Images Pfizer and BioNTech gained on Friday after saying they would submit their COVID-19 vaccine candidate to the FDA today for Emergency Use Authorization.The submission will potentially enable use of the vaccine in high-risk populations in the US by the middle to end of December, the companies said.The companies will be ready to distribute the vaccine within hours after authorization and expect to produce up to 50 million doses of its vaccine...
Tags: US, Trends, Markets, Tesla, Fda, Pfizer, Movers, Matthew Fox, Rob Arnott, BioNtech, Ashley Wilson, Mover, COVID-19, Covid-19 Vaccine, Pfizer BioNTech, Pfizer Stock


Zoom spikes as latest New York City school closure means more remote learning

Al Seib / Los Angeles Times / Getty Images Zoom Video Communications reversed earlier losses and surged as much as 5.5% on Wednesday afternoon following the announced closure of New York City public schools, which will start Thursday.NYC public schools will transition to remote learning because a surge in COVID-19 cases pushed the 7-day positivity rate above the 3% threshold.Zoom has been a prime beneficiary of the COVID-19 related lockdowns that swept across the country throughout 2020. V...
Tags: Work From Home, Finance, New York City, Trends, Markets, Trading, Stocks, Pfizer, Stock Market, Movers, Zoom, DeBlasio, Matthew Fox, Moderna, Zoom Video Communications, Mover


Pfizer and AstraZeneca slide as Moderna's rival COVID-19 vaccine shows strong efficacy

Joe Raedle/Getty Images Strong preliminary data results from Moderna's COVID-19 vaccine has spurred a selloff in rival vaccine developers Pfizer, BioNTech, and AstraZeneca.Moderna said on Monday that its COVID-19 vaccine candidate demonstrated an efficacy rate of 94.5% in a trial of more than 30,000 patients.Last week, Pfizer and its partner BioNTech said its COVID-19 vaccine candidate demonstrated an efficacy rate of more than 90% in a trial of 44,000 patients.AstraZeneca could release in...
Tags: Trends, Markets, Trading, Astrazeneca, Stocks, Fda, Pfizer, University of Oxford, Stock Market, Goldman, Movers, Joe Raedle Getty, Matthew Fox, Moderna, Peter Kraus, AllianceBernstein