The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said....
There are some tasks that artificial intelligence is really good at – and some that it’s not. And that has implications for the use of AI in trucking, from chatbots to autonomous trucks. ...
Established in 2012, DraftKings (NASDAQ:DKNG) quickly rose to prominence, dominating the daily fantasy sports and sports betting arenas. Buoyed by favorable legislation, investors had high hopes for DraftKings stock. Unfortunately, the novel coronavirus completely cratered this narrative. Obviously, without sports, there was no point in sports betting or other derivative activities.Source: Lori Butcher/Shutterstock.com It wasn't too much of a shock, then, that DraftKings stock dropped nearly 26% in March. But in the following month, shares went ballistic, with buyers speculating on the return of sports. First, several states began gradually reopening their economies after their infection rates declined. Second, various sports leagues began discussions about a possible return.Though we're still in the early stages of the sports recovery, NASCAR provided an honest-to-goodness blueprint for how other leagues can move forward.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe festivities at Darlington Raceway in South Carolina was unlike any other event...
Are you looking for a wild ride or are you looking for consistent income? For a de-risked portfolio and solid dividends, utilities stocks are a time-tested favorite investment option.Along with the dividends, utilities stocks are considered relatively safe because they provide power to homes and businesses. This is considered a necessity that never goes out of style. * 7 Sluggish Stocks Hit Hard by Coronavirus This Earnings Season It's a sound policy to stick to the best companies in any sector. When it comes to utilities companies, five names are well-regarded and have a long history:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Duke Energy (NYSE:DUK) * Southern (NYSE:SO) * Dominion Energy (NYSE:D) * Consolidated Edison (NYSE:ED) * Excelon (NASDAQ:EXC)Feel free to explore these utilities stocks and see if they deserve a place among your low-volatility holdings. Utilities Stocks to Buy: Duke Energy (DUK)Source: jadimages / Shutterstock.com Like...
(Bloomberg) -- Even a global pandemic hasn’t shaken optimism in one of the most volatile industries.As Covid-19 dominates headlines and sparks billion-dollar share moves, biotech analysts are still pitching massive returns in companies that have nothing to do with developing a drug or vaccine for the disease.Wall Street analysts expect 105 of the 209 members of the Nasdaq Biotechnology Index to double over the next 12 months, data compiled by Bloomberg show. With the index trading just off a record high, many of the Street’s biggest bulls favor companies in areas like women’s health and cancer.Macrogenics Inc., Cytokinetics Inc. and Akebia Therapeutics Inc. are among drugmakers that have doubled so far this year. But the boom-or-bust nature of drug development has burned investors in other stocks, even after analysts piled on praise. Sage Therapeutics Inc.’s failed depression drug study, AnaptysBio Inc.’s eczema flop and Genfit’s NASH woes in recent months have...
