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U.S. Markets News

US retail sales gain in May; April data revised

Retail sales in the US saw an increase in May while the numbers for April have been revised. Based on…

Airline stocks shine after American pushes through another fare hike

Days after taking the hard decision to extend flight cancellations into the busy travel season, in connection with the grounding…

Harborside stock heads lower after going public

The stock trend of California-centric cannabis company Harborside Inc. heads lower after going public on Monday under the "HBOR" ticker…

Alibaba files for Hong Kong listing that could raise $20 billion

Chinese e-commerce company Alibaba Group Holding (NYSE: BABA) is said to have filed for a Hong Kong listing confidentially. The…

Top biotech stocks to be considered for investment this year

When the massive selloff battered Wall Street in the final months of 2018, biotechnology stocks were no exception. And, most…

Nio stock plunges to a record low

Chinese premium electric car-maker Nio (NYSE: NIO) stock plunged to a record low of $2.50 as concerns are mounting of…

Chinese smartphone makers shine in Europe; Apple, Samsung lose ground

A recent report has found that Chinese smartphone makers are outshining industry giants Samsung and Apple (NASDAQ: AAPL) in the…

Catalent stock soars to record high

Catalent Inc. (CTLT) stock soared to a record high of $50.62 on Wednesday as investors were satisfied with the company's…

IPO: Things to know as Crowdstrike makes a scintillating market debut

You have probably heard about Crowdstrike already. It has previously unraveled a few high-profile hack incidents, including tracing the 2016…

CymaBay Therapeutics stock drops to 2-year low after bitter NASH study data

CymaBay Therapeutics (NASDAQ: CBAY) stock fell to a two-year low of $4.82 on Tuesday after disappointing nonalcoholic steatohepatitis (NASH) trial…