Shares in Chembio Diagnostics (CEMI) sank 59% after the U.S. Food and Drug Administration revoked the Emergency Use Authorization (EUA) of its DPP (Dual Path Platform) COVID-19 serology test. The st…
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Month: June 2020
Itron Partners With Accell To Boost Business In Latin America
Itron, Inc. (ITRI), a technology devices provider to monitor energy and water usage, is entering into a partnership with Accell to further strengthen its market position in Latin America. As part of…
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Nikola Motors, a Tesla competitor with zero revenue, is worth $23 billion. That doesn’t faze its founder. (NKLA)
Nikola Motors, an electric truck maker that wants to eventually go after both Tesla and the freight market, is still months away from delivering its first products. Unphased investors have neverthel…
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Warren Buffett’s ‘chronic underperformance’ is frustrating investors and analysts
REUTERS/Rick Wilking Warren Buffett is under fire for trailing the broader market and failing to strike deals and pile into stocks during the coronavirus sell-off.The Berkshire Hath…
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Zoom is up 250% this year: it’s now worth more than AMD and General Electric
Zoom Video stock rallied again on Monday this time by nearly 9% to set a new record high valuing the incumbent video conferencing app well beyond the likes of Advanced Micro Devices (AMD) and Uber.…
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