This healthcare company that has caught the eye of some well-known asset managers operates as a protein biomarker discovery and clinical diagnostics firm, developing slow off-rate modified aptamers (SOMAmers) and offering proprietary SomaScan services. Renowned investor Cathie Wood’s firm ARK Invest owns 11.02 million SLGC shares for a total value of $31.95 million, according to its latest […]

Most of us spend Thanksgiving eating good food, catching up to family, maybe watching a football game. I’m not averse to those things. But as it’s November, I’ll spend a fair bit of time talking about earnings to whoever will listen, too. See, every February, May, August, and November, Wall Street has to open up […]

High prices and consecutive federal rate hikes, and a slowing economy have marred the optimal performance of the semiconductor and chip industry. The U.S. PC market declined 17.3% in the third quarter of 2022, marking the fifth consecutive quarter of year-over-year shipment decline. The semiconductor industry is struggling with slowing demand. However, the industry looks poised for […]

The macroeconomic and geopolitical headwinds have affected the stock market this year. The Fed’s aggressive interest rate hikes have significantly affected high-growth tech stocks. The tech-heavy Nasdaq Composite has fallen 28.5% year-to-date. Several Internet stocks have missed earnings estimates due to macroeconomic challenges. And many of them have recently announced layoffs and hiring freezes to […]

The technology industry has borne the brunt of the Fed’s aggressive interest rate hikes this year. Concerns over rising borrowing costs and slowing demand have led to tech stocks witnessing a massive sell-off. The tech-heavy Nasdaq Composite has fallen 28.4% year-to-date. Thanks to the rapid advancement of technology solutions to match the changing consumer preference […]