President-elect Donald Trump’s victory in the November U.S. presidential election has helped revive Wall Street’s faith in “king dollar.”
Stock had gained late Monday on news it would cut 40% of its workforce as part of a restructuring.
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”
In gunmetal grey jacket and a Jobs-esque black turtleneck, Masayoshi Son has a heartening message for the world.
The clean-energy company pointed to improvement in operating cash flow and a narrowing loss, though it also cut its revenue outlook for the full year.
Schrödinger will receive $150 million upfront plus up to $2.3 billion in milestone and royalty payments.
Investors hate uncertainty; the U.S. election result was quick and orderly.
“The people in charge, I realize now, somehow managed to manipulate a small-cap stock so the members made profits.”
