Inseego Corp. (INSG) has become of one of the most explosive 5G stocks on the market. Over the last week, INSG ran from a low of $10.53 to $13.80. All thanks to a report on Seeking Alpha that predicted “blow-out” second quarter earnings when the company releases earnings this week. Not only did the author […]
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SWK Stock Price Reacts to Report Showing Earnings Down, and a Cautious Outlook
Stanley Black & Decker (SWK) has reported lower earnings the company says are the result of the COVID-19 impact this quarter. SWK saw revenue decrease 16% year-over-year to $3.1 billion in the second quarter. The company was able to maintain operating margins, which, excluding charges, were 12.8%, basically flat from last year. Earnings per share […]
AMD Stock Price Up After Raising Guidance on Revenue Growth Expectations for 2020
Advanced Micro Devices (AMD) exploded on Wednesday after announcing it expects for 2020 revenue to grow about 32% from 2019 to roughly $8.88 billion. That’s a respectable increase from initial guidance of $8.08 billion AMD had provided previously. Analysts were only looking for AMD 2020 revenue guidance of about $8.4 billion. AMD also earned an […]
KODK Stock Price Triples on Announcement of $765 Million Loan to Produce Pharmaceuticals
Eastman Kodak (KODK) surprised weary longtime investors this week with a deal from the government that sent the shares of the iconic film processor skyward. The company reported it had received a loan from the U.S. International Development Finance Corporation (IDF) of $765 million to finance the production of generic drug ingredients. The loan was […]
LAC Stock Price Up Almost 300% Since March Low; Receives $40 Million In Cash
Since bottoming out at $1.92 in March 2020, shares of Lithium Americas (LAC) rocketed to a recent high of $5.78. All because there’s a potential lithium supply shortage. According to Reuters, “A new demand surge is already looming in the form of the multiple ‘green stimulus’ packages as governments try and kick-start locked-down economies. You don’t […]
MSI Develops SaferWatch Systems for Education Facilities as Calls Grow to Remove Police from Schools
With two current themes impacting school safety, one the COVID-19 pandemic and a call in some school districts to remove police officers from schools, Motorola Solutions (MSI) is working to improve school safety. MSI has teamed with SaferWatch to implement a security system that provides schools with a “mobile panic button” that can be used […]
PFE Stock Price Jumps on Announcement of $1.95 Billion Payout From U.S. For COVID-19 Vaccine
Pfizer (PFE) just announced the U.S. government will pay $1.95 billion for PFE to produce and deliver 100 million doses of its COVID vaccine once the U.S. declares it’s safe and effective. Under the agreement, the U.S. can acquire an additional 500 million doses from PFE. “Through Operation Warp Speed, we are assembling a portfolio of vaccines […]
OMI Stock Price Jumps on Raised Income Projections
Owens & Minor (OMI) had been flying under Wall Street’s radar until it preannounced earnings this week. The medical supplies provider told the market it is essentially doubling its previous adjusted net income guidance. OMI raised projections for net income from $0.50 to $0.60 for the year to between $1.00 and $1.20. OMI said it […]
FATE Stock Price Jumps on License Agreement with Baylor College for Rejection-Resistant Cellular Therapies
Since bottoming out in March 2020, Fate Therapeutics (FATE) has run from a low of $19.91 to a current price of $35.50 with plenty of catalysts. For one, FATE just entered into an exclusive license agreement with Baylor College of Medicine covering alloimmune defense receptors, a first-in-class approach that renders off-the-shelf allogeneic cell products resistant […]
MRNA Stock Price Nears 52-Week Highs On COVID-19 Vaccine Results
All after the company said its potential COVID-19 vaccine produced a “robust” immune response in all 45 patients in an early stage human trial. “These Phase 1 data demonstrate that vaccination with mRNA-1273 elicits a robust immune response across all dose levels and clearly support the choice of 100 µg in a prime and boost […]