Roku is set to go public this week in one of the most highly anticipated IPOs of 2017. However, before investors dive in head first, memories of disastrous 2017 IPOs Snap Inc SNAP 2.03% and Blue Apron Holdings Inc APRN 1.74% have them taking a closer look at Roku and exactly what they will be getting themselves into.
Teva Pharmaceutical Industries Ltd (ADR) TEVA 0.2%shareholders have had an extremely volatile couple of months. After an August guidance and dividend cut sent the stock tumbling from a July high of $33.67 to a September low of $15.22, Teva shares popped to above $20 when the company announced the addition of new CEO Kare Schultz.
President Donald Trump is set to unveil the Republican tax reform plan Wednesday afternoon. Experts expect the plan will include cutting the corporate tax rate to 20 percent, reducing the top individual tax rate to 35 percent and doubling the standard deduction for all Americans.
Micron Technology, Inc. (NASDAQ: MU) shares jumped 8 percent Wednesday after the company topped market expectations for fiscal fourth-quarter revenue and EPS and issued forward guidance above Wall Street’s expectations.
U.S. solar stocks briefly rallied on Friday after the U.S. International Trade Commission ruled that solar imports have been harming domestic companies. The ruling opens the door for President Donald Trump to exercise the power granted to him under Section 201 of the Trade Act of 1974 to impose tariffs or other restrictions on solar imports.
Twitter Inc TWTR 0.11% is testing its latest initiative to increase user engagement: longer tweets. In a blog post Tuesday, product manager Aliza Rosen said Twitter is testing out 280-character tweets, double the current 140-character limit.
First Solar, Inc. FSLR 0.19% stock jumped 5.4 percent Sept. 22 to a new 52-week high of $53.00 after a positive ruling from the U.S. International Trade Commission. The ruling left the door open for President Donald Trump to potentially restrict solar imports, a move that would likely support domestic solar prices.
Red Hat Inc RHT 0.16% shares jumped more than 4.2 percent Tuesday after the company’s second-quarter earnings report topped market expectations.
PTC Therapeutics, Inc. PTCT 0.68% is already experiencing some major volatility Tuesday ahead of its upcoming AdCom meeting for Duchenne muscular dystrophy drug candidate Translarna on Thursday. The stock took a 22-percent dive Tuesday morning ahead of the meeting as investors have started to doubt an FDA approval following the release of FDA briefing documents Tuesday morning.
Alphabet Inc GOOG 0.38% GOOGL 0.32%’s dominant market share lead in the internet search business just got a little bit bigger. Apple Inc. AAPL 0.17% has announced it will be switching from Microsoft Corporation MSFT 1.16%’s Bing search engine to Google for all its default Siri searches. In addition, Apple will now be using Google to power all its iOS and Spotlight searches…