The U.S. is about to reclaim the top spot on the list of the world's fastest supercomputers. Summit, a $200 million system designed by International Business Machines (NYSE:IBM) for the Department of Energy's Oak Ridge National Laboratory, is tailor-made for big data and artificial intelligence (
Saturday, July 1, marked the first day of recreational marijuana sales in the state of Nevada, and by any measure, it was a huge success. An estimate by the Nevada Dispensary Association puts first-weekend sales of recreational pot at between $3 and $5 million.
Lines were long, with some customers waiting up to an hour to make their purchases. Among the buyers was state Senator Tick Segerblom,....More>>>
Are marijuana and hemp the same thing? It largely depends who you ask. The federal government accurately recognizes that hemp and marijuana are variants of the same species…. Cannabis sativa, but aren’t one and the same. Yet, the DEA recently put rules in place that suggest they’re not going to act as if no distinction exists (though that matter is still not clarified by legislative....More>>>
We’re supposed to start saving for retirement as early in our careers as possible. But things don’t always work out that way. Maybe it took too long to boost your earnings enough to sock away a sizable sum. Or maybe you spent your 40s and 50s saddled with mortgage and credit card debt, followed by a string of costly college tuition payments.
Shares of the gene therapy company Sangamo Therapeutics (NASDAQ:SGMO) rose by as much as 14.6% today on heavier than normal volume. The catalyst?
Sangamo’s shares are trading upward in sympathy with nearly all major gene therapy companies today. Investors seem to be piling into this particular cohort of stocks in response to Sarepta Therapeutics’ (NASDAQ:SRPT)....More>>>
Amazon (NASDAQ:AMZN) is an e-commerce tour de force. Founder Jeff Bezos has redefined the shopping experience, pushing many brick-and-mortar retailers into bankruptcy in the process. In fact, mere speculation about Amazon moving into a new industry is enough to cause incumbents and their investors to panic, the latter selling off shares.
However, there’s no compelling case for fundamental....More>>>
Nektar Therapeutics (NASDAQ:NKTR) traded down 7% during mid-day trading on Monday . The stock traded as low as $81.26 and last traded at $93.47. 7,181,158 shares were traded during mid-day trading, an increase of 131% from the average session volume of 3,104,085 shares. The stock had previously closed at $100.50.
Several equities research analysts have recently issued reports on the company.....More>>>
Msci (NYSE: MSCI) and First Data (NYSE:FDC) are both large-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, earnings, valuation, dividends, profitability, risk and analyst recommendations.
A few weeks ago we discussed how you can make 12% annually, forever, from stocks. Now let’s apply those lessons to 2017, and highlight five that should do even better (17%+ returns) this year (and likely beyond).
Remember, projecting our returns from any given stock is simple. We simply add together the three ways it can pay us:
JPMorgan analyst C. Stephen Tusa and team take a look at valuations among industrial stocks, including General Electric (GE), Honeywell International (HON), Ingersoll-Rand (IR), United Technologies (UTX), andDanaher (DHR), and find that the sector is “too expensive.” They explain:
Some parts of healthcare are very familiar to most people, such as prescription drugs and hospitals. But there are also less visible aspects of healthcare that are very important -- and that present solid investment opportunities. The systems and technology used by biopharmaceutical companies t
Wilkins Investment Counsel Inc. cut its stake in shares of Emerson Electric (NYSE:EMR) by 1.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,625 shares of the industrial products company’s stock after selli
Flippin Bruce & Porter Inc. decreased its holdings in Emerson Electric (NYSE:EMR) by 33.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,251 shares of the industrial products company’s stock after se
Nike(NYSE:NKE), Under Armour (NYSE:UAA)(NYSE:UA), and other clothing brands have been talking a lot lately about the need to overhaul their manufacturing processes as a way to reduce costs, improve quality, and have more flexibility. The textile manufacturing process has changed relatively slowly