What Square CEO Jack Dorsey told his CFO after she took a top job at another company

Investors in fintech company Square don’t seem to approve of the departure of CFO Sarah Friar, but CEO Jack Dorsey certainly does. On Thursday, Square’s stock plunged by as much as 16 percent before rebounding with a 7.2 percent gain on Friday, as markets reacted to the news that Friar …

TransEnterix: Robotic Surgery Will Deliver Advancements In Medical Care, Explosive Profits

TransEnterix is a medical device company pioneering the use of robotics to advance minimally invasive surgery. The Senhance Surgical Robotic system addresses clinical and economic challenges associated with laparoscopic and robotic operations throughout healthcare systems globally. The Senhance Robotic system incorporates haptic feedback and eye sensing camera control for the …

Tesla ‘Uniquely Positioned To Lead In Ecosystem,’ Macquarie Says In Bullish Initiation

Macquarie analysts view Tesla, Inc. (NASDAQ: TSLA) as a disruptive growth company “with differentiated products and strong brand presence in the secularly growing and equally disruptive markets of electric vehicles, energy storage and energy generation.” The Analyst Macquarie’s Maynard Um initiated coverage of Tesla with an Outperform rating and a …

PepsiCo just became the latest beverage company to say it’s looking at the fast-growing cannabis market

PepsiCo is taking a hard look at the cannabis industry as other beverage makers explore the market. “I think we’ll look at it critically, but I’m not prepared to share any plans that we may have in the space right now,” Chief Financial Officer Hugh Johnston told Jim Cramer and …

Global Stem Cell Market Expected to Reach $270.5 Billion

The global stem cell market is expected to reach US 270.5 Billion by 2025, while increasing at a compound annual growth rate of 13.8% during the period from 2017 to 2025. All this comes from a report published by Transparency Market Research. From a global perspective, North America accounts for …

Cramer reveals the 10 ‘telltale signs’ that could prolong the sell-off

In a broad-based sell-off of this magnitude, investors have to be prepared to wait and see how low stocks can actually go, CNBC’s Jim Cramer said on Thursday. “At moments like this, you need some touchstones to figure out when the pain is likely to end,” the “Mad Money” host …

Tencent: Third Restructuring, Third Time Lucky?

Tencent Holdings picked an opportune time to announce a restructuring, its third company-wide reorganization since its founding 20 years ago. The Chinese social media and gaming giant said over the weekend before the week-long National Day holidays that it would reduce the number of business groups by one to six. …

5 Biotech Stocks to Play the Sector’s Next Big Trend: NASH

The stars are aligning for several biotech stocks. Thirty-five billion stars in fact. That huge number in dollars represents the potential annual spending needed to treat one of the biggest and growing problems facing the healthcare sector today. We’re talking about NASH. Most often occurring in obese or glucose-intolerant people, …

Satellite company partners with Amazons’ AWS to bring internet connectivity to the ‘whole planet’

Iridium Communications announced a partnership with Amazon Web Services this week, to develop a satellite-based network called CloudConnect for Internet of Things (IoT) applications. “We’re really covering the whole planet … with terrestrial networks today it’s still only 10 percent or 20 percent” of the Earth, Iridium CEO Matt Desch …

Rookie Pot Stocks Overshadow More Established Peers in September

Move over marijuana heavyweights, the rookies are taking over. The recent pot mania has seen a slew of companies looking to get in on the sector and stock returns this month have overshadowed larger and more established marijuana companies, including Canopy Growth, Aurora Cannabis and even high-volatility Tilray. September’s MVPs …