Jazz Pharmaceuticals has agreed to buy GW Pharmaceuticals for $7.2 billion through a combination of cash and equity. The product diversification from the merger is expected to result in double-digit…

Koss Corporation’s shares have skyrocketed 80% Monday and continued rising to double on Tuesday. The massive increase has been due to a tweet made by portfolio manager Will Meade which caused an…

General Electric slightly missed earnings forecasts but posted an exceptional free cash flow of $4.4 billion. GE expects earnings to rise between 15 cents and 25 cents per share in 2021. Shares soared…

AMC Theatres averts the pandemic-led bankruptcy by raising $917 million through a combination of cash and equity. The company now hopes to survive through July assuming that there is no increase in…

GameStop’s shares jumped 50% in premarket trading Monday. Shares have been on a rally since Ryan Cohen joined the board, causing short sellers to buy stocks at a higher price, creating a short…

As Wall Street continues to face volatility caused by indecisiveness over the stimulus deal, investors need to watch reports of major companies including Advanced Micro Devices, Microsoft, Apple,…

IBM earnings top Wall Street estimates yet revenue declines for a straight fourth quarter with Red Hat driving most revenues. As the company steers into new segments led by mergers & acquisitions,…

United Airlines revealed a loss of $1.9 billion for the fourth quarter Wednesday. With the increasing development of vaccines, the airline hopes to return to the pre-pandemic level of profit by 2023.…

IG Group is set to acquire the fast-growing derivatives trading platform tastytrade for $1 billion. The consideration will be paid through a combination of cash and equity. The transaction will expand…

UnitedHealth Group released fourth-quarter results Wednesday, topping Wall Street’s estimates of profit and revenue. The increasing medical costs of the Group’s Insurance business UnitedHealthcare…

Microsoft is collaborating with Cruise, GM, to commercialize self-driving vehicles. A combined equity investment of over $2 billion was raised, valuing Cruise at $30 billion. Shares of GM jumped post…

Jack Ma resurfaces after months via an online video where he is seen congratulating rural teachers supported by his foundation. While it is still unknown where Ma is and what is his position with the…

Goldman Sachs reported fourth-quarter earnings of $12.08 per share, beating analysts’ forecasts of $7.47 per share. Revenue went $1.75 billion above estimates, majorly contributed by investment…

Bank of America released fourth-quarter earnings Tuesday exceeding analysts’ estimates for profit while revenue fell short. The bank has pledged to buyback $2.9 billion worth of shares this quarter.…