The Coronavirus Aid, Relief, and Economic Security (CARES) Act made it easier for Americans to borrow money from their 401(k) accounts by doubling loan limits from 50% of your vested account balance or $50,000 max, to 100% or $100,000 max if you're facing financial hardship rela
(RTTNews) - PDL BioPharma Inc. (PDLI) said its Board has approved the separation of LENSAR Inc., a majority owned subsidiary of PDL, from PDL in the form of a dividend involving the distribution of all outstanding shares of LENSAR common stock owned by PDL to holders of PDL com
The Pentagon recently reaffirmed Microsoft's (NASDAQ: MSFT) $10 billion Joint Enterprise Defense Infrastructure (JEDI) cloud contract, after legal pressure from Amazon (NASDAQ: AMZN) and Oracle (NYSE: ORCL) forced the Department of Defense (DoD) to review the entire deal.
Tesla and Apple have absolutely obliterated the market's measly 5% gain this year. Shares of the electric car company have soared more than 300%, and the iPhone maker's stock is up about 60% year to date. While Tesla has proven to be the better investment of the two, long-term s
Much recent social media stock news has centered around TikTok, the hit short video app from Chinese company ByteDance. That's no surprise; its potential acquisition by a large U.S. technology company may occur in the coming days, and it's been at the center of the U.S.-China tr
Growth stocks are companies that increase their revenue and earnings at a faster rate than the market average. These stocks often trade at high valuations that are justified by future potential -- making them an ideal bet for investors looking to beat the market over the long te
(RTTNews) - Eli Lilly and Company (LLY) said data from 20 studies across the company's oncology product portfolio will be presented at the European Society for Medical Oncology Virtual Congress. The data include positive results from the phase 3 monarchE study of Verzenio (abema
Which biotech companies will become the superstars of tomorrow and push your portfolio performance into the stratosphere? It's impossible to predict the future of the stock market with perfect precision, but we can identify companies with promise. One method of finding great sto
Novavax (NASDAQ: NVAX) has climbed the most of any other healthcare company so far this year. Shares have soared more than 2,160% as the clinical stage biotech business has advanced its coronavirus vaccine candidate through trials and won a whopping $1.6 billion from the U.S. g
HONG KONG/LONDON (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
To say that the stock market has been interesting in recent months would be a major understatement. New and exciting IPOs are hitting the market with increasing frequency, tech stocks have been soaring higher at breathtaking paces, and some of the largest stocks in the market de
Even with their recent pullback, Shopify (NYSE: SHOP) shares have more than doubled in the past year and have been a solid multi-bagger for those who have held them more than a couple of years. Given the incredible gains, some investors might be tempted to sell shares and "lock
The higher they climb, the harder they fall. While growth stocks are often big winners during a bull market, they tend to endure tough sell-offs during market corrections due to their overvaluation. With the major indices such as the NASDAQ experiencing a 8% pullback from record
(RTTNews) - Asian stocks closed mostly higher on Thursday even as caution prevailed following the tech-led rebound on Wall Street. Investors now look ahead to the European Central Bank's monetary policy decision due later in the day. The ECB is unlikely to announce any big chang
(RTTNews) - Indian billionaire Mukesh Ambani's Reliance Industries Limited is in talks to sell 40 percent stake in its retail unit, Reliance Retail Ventures Limited or RRVL, to Amazon.com Inc. for $20 billion, Bloomberg reported.