Investors keep pouring money into bonds — and paying a big price for it

Risk-averse investors keep pouring money into bonds even though it means they’ve missed out on a big stock rally and face substantial danger ahead. The market just saw its best August in four years, but again witnessed a large disparity in where money found a home, with the bulk again …

Viking Therapeutics Announces Proposed Public Offering of Common Stock

Viking Therapeutics, Inc. a clinical-stage biopharmaceutical company focused on the development of novel therapies for metabolic and endocrine disorders, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. Viking also expects to grant to …

Canadian marijuana producer Tilray shares end the day up 38% in wild day of trading

Shares of Canadian marijuana producer Tilray gave up a 90 percent one-day surge and turned negative briefly in a wild day of trading on Wednesday. The stock, which was halted five times by the Nasdaq for volatility, still ended the day up 38 percent, its best day ever as a …

Tesla Model 3 Performance Hits 60 MPH In Record-Setting 3.13 Seconds

Lighter rims are the trick to getting Tesla Model 3 Performance zero-to-60-mph time down yet again. A few YouTubers that just happen to be new Tesla Model 3 Performance owners have been recording and sharing zero-to-60-mph times. As it turns out, it hasn’t been uncommon for the owners to beat …

A Warning On Canadian Pot Stocks

Stocks of Canadian cannabis producers and sellers are on a wild run in 2018. A selection of talked about names have doubled or tripled in value the past few months, with others not far behind. Price action like that is bound to pique the interest of investors and traders who …

Jack Ma’s departure spurs debate over Alibaba’s governance structure

Business succession plans are difficult to make, but not not for the most high-profile tech company in China. On Monday, Jack Ma, chairman of Alibaba (BABA), announced he would retire and hand over the reins of the e-commerce giant he founded to the company’s CEO Daniel Zhang next year. In …

Seven reasons Big Tobacco is likely to make a move on the marijuana industry

The next catalyst for marijuana investors may come from an obvious place: Big Tobacco. While alcoholic-beverage companies have been active in the marijuana industry, Big Tobacco curiously has not. But new comments made by an Altria executive show that the company is evaluating opportunities in marijuana. Altria owns Phillip Morris …

Chinese Technology Giant Tencent To Shut Down Poker Game At Government’s Request

The Chinese government on Monday scored another win toward further controlling people’s private lives when the tech giant Tencent announced that it will shut down a popular poker app. The announcement wasn’t out of left field. The move follows reports in April that China was no longer looking at poker …

Editas Medicine Announces U.S. Court of Appeals Affirms Favorable U.S. Patent and Trademark Office Decision in CRISPR

Editas Medicine, Inc. (EDIT), a leading genome editing company, announced today that the U.S. Court of Appeals for the Federal Circuit (CAFC) affirmed the U.S. Patent and Trademark Office (USPTO) decision that ended the U.S. patent interference between the University of California, the University of Vienna, and Emmanuelle Charpentier (collectively, …