Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
IBM, Intel, Intuitive Surgical, Associated Banc-Corp, CSX, Forestar, People’s United and Bank OZK are set to report earnings after the US opening bell.
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Here’s an overview of the performance of European (and South African) stocks today…
After a positive start to the day, European stocks have closed negative…
In n enormous move, Vinco Ventures shares are up 462.34% at $8.65 after the company, and its subsidiary, Vinco Acquisition Corporation, entered into an agreement to complete a Plan of Merger agreement with ZASH Global Media And Entertainment.
Bamlanivimab, a drug developed by Eli Lilly reduced the risk of developing symptomatic COVID-19 among nursing home residents, the company said.
Out of 299 residents, half received a placebo, those receiving the drug had up to an 80% lower risk of contracting COVID-19, according to Lilly.
Eli Lilly shares are up 1.36% premarket at $204.
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IG has announced that it will acquire tastytrade Inc, a high growth US online brokerage and trading education platform with a leading position in US-listed derivatives, primarily options and futures, and over 105,000 active accounts.
IG will pay a total consideration of $1 billion, with $300 million to be paid in cash and the issuance of 61 million IG shares, valued at $700 million.
IG Group shares are currently down 4.59% at 862.5p.
With the Nasdaq moving higher, check out the Best Tech Stocks To Buy Now
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