Movers & Shakers Archives - Page 14 of 31

1 minute read

Why Rivian Automotive Stock Is Moving Lower

January 17, 12:00 PM

Deutsche Bank noted that its downgrade of Rivian is based in part on an expected volume guidance of only 65,000 units resulting from factory shutdowns and a slow ramp up which could result in heavy losses through the third quarter of 2024.

RIVN

2 minute read

Brian Armstrong: Bitcoin ETF Approval Is Win-Win For Coinbase

By Erica Kollmann

January 16, 5:07 PM

Coinbase Global, Inc. (NASDAQ:COIN) is coming off a stellar year in which it surged more than 390%.

BTC

1 minute read

What’s Going On With Marijuana-Producer Tilray Stock?

By Erica Kollmann

January 16, 3:22 PM

The 252 pages of documents confirm that the Department of Health and Human Services has recommended the DEA reschedule cannabis as Schedule III under the Controlled Substances Act. The documents explain that cannabis "has a currently accepted medical use in treatment in the United States" and that it has a "potential for abuse less than the drugs or other substances in Schedules I and II," as first reported by Marijuana Moment.

TLRY

1 minute read

JetBlue, Spirit Airlines Merger Blocked: Spirit Shares Tumble

By Erica Kollmann

January 16, 3:21 PM

A federal judge has blocked the acquisition of Spirit Airlines, Inc. (NYSE:SAVE) by JetBlue Airways Corporation (NASDAQ:JBLU) in a victory for the Justice Department which fought aggressively to block the deal, saying that the deal would raise the cost of airfare and reduce the number of flights available. Shares of Spirit Airlines tumbled following the court's decision.

ALK

2 minute read

What’s Going On With Alibaba Stock?

By Erica Kollmann

January 16, 1:45 PM

Several Chinese internet firms are trading lower Tuesday following a report from the South China Morning Post reported that Baidu, Inc.'s (NASDAQ:BIDU) Ernie Bot AI platform was being tested by a university affiliated with the Chinese military.

BABA

1 minute read

Why Elevai Labs Stock Is Trading Higher

By Erica Kollmann

January 16, 1:41 PM

Elevai Labs, Inc. (NASDAQ:ELAB) shares are trading higher Tuesday after the company announced it signed an exclusive, worldwide manufacturing and processing technology licensing agreement with INmune Bio, Inc. (NASDAQ:INMB).

ELAB

1 minute read

What’s Going On With DatChat Stock?

By Erica Kollmann

January 16, 1:23 PM

DatChat announced the separation of DatChat and SmarterVerse into 2 separate publicly listed companies that it will distribute its shares of SmarterVerse to DatChat shareholders in an attempt to accelerate growth and opportunities for each company.

DATS

1 minute read

What’s Going On With Lucid Group Stock?

By Erica Kollmann

January 12, 1:49 PM

Lucid is recalling more than 2,000 of its model Air 2022 and 2023 luxury electric sedans due to potentially faulty high voltage coolant heaters (HVCH), which are responsible for supplying warm air to heat and defrosting systems.

LCID

2 minute read

Why Uranium Stocks Are Climbing Today

By Erica Kollmann

January 12, 1:09 PM

Uranium prices are higher after a major uranium producer announced it could experience a production shortfall.

CCJ

1 minute read

What’s Going On With Spectral AI Stock?

By Erica Kollmann

January 12, 11:43 AM

Spectral AI, Inc. (NASDAQ:MDAI) shares are trading higher Friday. The company announced the enrollment of the first patient in a study to validate DeepView AI for burn injuries on Thursday.

MDAI