Today's Research Daily features new research reports on 16 major stocks, including Apple Inc., Meta Platforms, Inc., and The Procter & Gamble Company, as well as a micro-cap stock, Genie Energy Ltd..
In 1979, Genentech managed to create synthetic human insulin. Now 45 years later, biotech is a $1.77 trillion industry — up from $1.55 trillion in 2023. By 2030, that’s projected to reach close to $4 trillion.
The CNN Money Fear and Greed index remained in the "Greed" zone on Monday. U.S. stocks closed mixed on Monday, with the S&P 500 settling lower for the second straight session. All three major indices closed recorded losses last week, with the S&P 500 falling 0.26% and the blue-chip Dow declining 0.93%.
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index turning higher on Monday. The Dow traded up 0.08% to 38,753.49 while the NASDAQ fell 0.20% to 16,052.34. The S&P 500 also fell, dropping, 0.14% to 5,116.66.
Shares of Mesoblast Limited (NASDAQ: MESO) rose sharply during Monday’s session after the company announced FDA support of an accelerated approval pathway for rexlemestrocel-L in end-stage heart failure patients. Mesoblast shares jumped 13.4% to $2.4399 on Monday.
U.S. stocks traded lower midway through trading, with the Dow Jones index dipping over 50 points on Monday. The Dow traded down 0.16% to 38,662.09 while the NASDAQ fell 0.26% to 16,043.75. The S&P 500 also fell, dropping, 0.27% to 5,110.11.
Companies Reporting Before The Bell • Ballard Power Systems (NASDAQ:BLDP) is estimated to report quarterly loss at $0.13 per share on revenue of $34.20 million.
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States and internationally.
As of Dec. 28, 2023, three stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
As of Dec. 12, 2023, five stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
