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Kevzara Fails COVID-19 Patients for the Last Time

6 years 2 months ago
Another attempt to repurpose an existing drug into a COVID-19 treatment has failed. In a phase 3 study with 420 severely ill COVID-19 patients, adding an anti-inflammation drug called Kevzara to standard hospital care didn't produce any significant benefits. 

Why Li Auto's Stock Is Trading Higher Today

6 years 2 months ago
What happened Shares of Chinese electric-vehicle maker Li Auto (NASDAQ: LI) were trading sharply higher on Tuesday. The company's stock price has been volatile since its initial public offering in July. 

Amazon to Launch Whole Foods Online-Only Store

6 years 2 months ago
Amazon.com (NASDAQ: AMZN) is increasingly focused on the high-volume grocery category, and it's launching its first online-only fulfillment center for its Whole Foods subsidiary. The store will be located in the Sunset Park section of Brooklyn, New York.

Why Tesla Stock Is Trading Lower Today

6 years 2 months ago
What happened Shares of Tesla (NASDAQ: TSLA) are trading lower today, down 3.5% as of 1 p.m. EDT, after the electric-vehicle maker said that it plans to raise $5 billion by issuing new stock.

Veolia Offers to Buy Suez, Expand International Business

6 years 2 months ago
Per a media release, Veolia Environnement SA VEOEY offers to take over 29.9% stake in Suez from French gas and power utility Engie for $3.45 billion (2.9 billion euros) to expand its international operations.Given that Veolia and Suez are the two leaders in global water and wast

Notable Tuesday Option Activity: CSCO, ABBV, MA

6 years 2 months ago
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Cisco Systems Inc (Symbol: CSCO), where a total of 150,103 contracts have traded so far, representing approximately 15.0 million underlying shares. That amounts to abou

Notable Tuesday Option Activity: PFE, CPB, MYL

6 years 2 months ago
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Pfizer Inc (Symbol: PFE), where a total volume of 97,921 contracts has been traded thus far today, a contract volume which is representative of approximately 9.
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