Wall Street 'fear gauge' at 3-week high as stocks sink
Wall Street's most watched gauge of investor anxiety rose to a three-week high on Friday as stock indexes sold off following a an upbeat jobs report that pushed back market expectations for further Federal Reserve interest rate cuts. The Cboe Volatility Index - an options-based indicator that reflects demand for protection against drops in the stock market - was last up 1.1 points to 19.18. A reading of 20 or higher on the VIX is associated with robust demand for options protection.
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Cathie Wood sells $17 million of tumbling tech stock
The Nasdaq Composite has gained 34.1% in the past 12 months, while Ark Innovation ETF returned 19.1%.
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Travelers Are Buying Into Delta's 'Premium' Push—And the Airline's Stock Is Rising
Delta Air Lines bills itself as the "premium" U.S. airline. Passengers appear to be buying in.
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Why Is Cancer-Focused Mersana Therapeutics Stock Trading Lower On Friday?
On Friday, Mersana Therapeutics Inc. (NASDAQ:MRSN) released initial data from the Phase 1 dose escalation and backfill cohorts for emiltatug ledadotin. Emi-Le was generally well tolerated, with no Grade 4 or 5 treatment-related adverse events reported. At intermediate doses in the trial (38.1 mg/m2 to 67.4 mg/m2), the confirmed objective response rate among evaluable patients was 23% (6 of 26 patients) across all B7-H4 high tumors and 23% (3 of 13 patients) with B7-H4 high TNBC, all of whom had
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Modelo Beer Maker Constellation Brands’ Stock Plummets on Lowered Growth Forecast
Constellation Brands shares plunged Friday, after the maker of beer, wine, and spirits cut its guidance as consumers held back spending.
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'They Want Your Bitcoin': NBA Legend Warns of Crypto Bear Trap
U.Today - No matter how deep you are in the cryptocurrency market, Scottie Pippen is warning investors about the bear traps in Bitcoin (BTC) that certainly were not on anyone's...
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WBA soars: Walgreens stock up 25% on earnings despite store closures, as investors hope the worst is over
The long-struggling chain reported better-than-expected revenue for its Q1 2025, although operating losses grew as it plans to shutter over a thousand locations.
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What's Going On With COVID-19 Antibody Developer Invivyd Stock On Friday?
On Friday, Invivyd Inc. (NASDAQ:IVVD) announced that new in vitro neutralization data show continued neutralizing activity of Pemgarda (pemivibart) and pipeline candidate VYD2311 against dominant SARS-CoV-2 variant XEC. The stock is trading with a strong session volume of 12.3 million, compared to an average volume of 757.02k as per data from Benzinga Pro. As anticipated, the data are largely consistent with those previously reported for KP.3.1.1, based on the structural biology of pemivibart an
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China tightens exports for military grade tech, ahead of Xi’s Russia trip
A DJI Inspire 1 Pro drone is flown during a demonstration at the SZ DJI …
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UK Markets Cap Dire Week With Yields Stuck Near Decade Highs
(Bloomberg) -- A hectic week for UK bond and currency traders came to an end with yields stuck near the highest levels in years and the pound at its weakest since late 2023.Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeGilts and sterling fell again on Friday after
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Top Stock Movers Now: Constellation Brands, Allstate, Delta Air Lines, and More
U.S. equities slumped at midday after the December jobs report came in higher than anticipated, putting more Federal Reserve rate cuts in doubt.
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SEED secures investment from Sui Foundation to build a 100M-user Web3 Gaming Ecosystem on Sui
Panama, Panama, January 10th, 2025, Chainwire Despite the billions invested in Web3 gaming as a key catalyst for mass adoption, the industry faces significant challenges from...
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Constellation Energy Stock Soars on $26.6B Deal To Buy Rival Energy Producer Calpine
Constellation Energy shares surged Friday after the company agreed to buy private energy company Calpine in a deal valued at $26.6 billion.
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Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, fresh inflation worries
Caution reigns ahead of December's jobs report, which will shape bets on the chances of Fed rate cuts.
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Delta stock pops following Q4 earnings beat as CEO sees 'a great amount of momentum'
Delta Q4 results landed above expectations, boosted by corporate and international travel demand
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