ImmunityBio Inc. (NASDAQ:IBRX) shares are soaring Friday, extending a steadily rising pattern that’s played out over the past several months. ImmunityBio shares are powering higher. What’s behind IBRX gains? ImmunityBio’s Chart Shows a Genuine Rising Floor The stock’s broader chart…
Regeneron Pharmaceuticals Inc. (NASDAQ:REGN) on Thursday shared clinical trial results for two investigational therapies targeting recurrent ovarian cancer and muscle loss prevention during weight management. The biotechnology company presented Phase 1/2 data for ubamatamab in low-grade serous ovarian cancer alongside…
Arm Holdings plc (NASDAQ:ARM) stock jumped more than 7% Friday as semiconductor and artificial intelligence stocks gained during a broad risk-on session.The Nasdaq rose 1.03%, while the S&P 500 gained 0.72%. The Technology sector advanced 1.11%.Arm’s rally came as investors…
Planet Labs PBC (NYSE:PL) shares are jumping Friday after the company announced the launch of 20 satellites aboard a SpaceX Falcon 9 rocket Thursday. Planet Labs stock is showing exceptional strength. Why are PL shares rallying? Planet Labs Satellites Carry…
Rivian Automotive Inc. (NASDAQ:RIVN) on Friday reported a sharp increase in third-quarter vehicle production and deliveries while reaffirming its full-year delivery outlook.The electric vehicle maker produced 19,751 vehicles at its Normal, Illinois, plant during the quarter ended Sept. 30. It…
U.S. stocks climbed at midday Friday, with the Nasdaq 100 leading and reaching new record highs, after a much weaker-than-expected September jobs report pared bets on further Federal Reserve rate hikes. Chip stocks led the move as Nvidia Corp. (NASDAQ:NVDA) hit a record…
Rivian Automotive Inc. (NASDAQ:RIVN) shares are dropping Friday despite the company reporting third-quarter production and delivery figures that came in line with its own outlook. Rivian Automotive stock is among today’s weakest performers. What’s weighing on RIVN shares? Rivian’s Q3…
Nike Inc. (NYSE:NKE) stock traded lower Friday after the company reported mixed first-quarter results Thursday and warned about weaker sales ahead.Several analysts also cut their price forecasts and earnings estimates following the results.Nike Earnings SnapshotNike reported first-quarter revenue of $11.21…
Coinbase Global Inc. (NASDAQ:COIN) shares are trading lower Friday despite a batch of bullish analyst actions and a favorable macro backdrop that’s typically supportive of crypto-linked stocks. Coinbase Global shares are experiencing downward pressure. Why are COIN shares declining? Analysts…
Rocket Lab (NASDAQ:RKLB) stock is rising Friday amid a broader rally in space stocks. On Wednesday, the company announced a multi-year agreement to launch 20 Electron missions for Tokyo-based Earth observation company Synspective. Electron is Rocket Lab’s small-lift rocket. The…