Asian markets closed with mixed results, and European markets also struggled to find direction.
The Dow Jones industrial average, S&P 500 and Nasdaq all rose by more than 2% over the past week to hit all-time highs.
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2. Watching Wynn: Investors are closely monitoring shares in casino firms Wynn Macau (WYNMY) and Wynn Resorts (WYNN).
Shares in Wynn Resorts plunged more than 10% Friday after a Wall Street Journal story detailed numerous allegations of sexual misconduct against founder and CEO Steve Wynn.
Wynn denied the charges in the Journal story.
"The idea that I ever assaulted any woman is preposterous," he said in a statement that the company sent to CNN.
On Monday, Wynn Macau stock fell 6.5% in Hong Kong.
Top 10 High Tech Stocks To Own Right Now: Cidara Therapeutics, Inc.(CDTX)
Advisors' Opinion:- [By Joseph Griffin]
Cidara Therapeutics (NASDAQ:CDTX) issued its quarterly earnings data on Thursday. The biotechnology company reported ($0.80) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.70) by ($0.10), Bloomberg Earnings reports.
- [By Chris Lange]
Cidara Therapeutics Inc. (NASDAQ: CDTX) shares took a big step back on Monday, despite the firm reporting positive midstage results. Specifically, Cidara reported positive topline results from its Phase 2 Strive clinical trial of its lead antifungal candidate rezafungin acetate.
Top 10 High Tech Stocks To Own Right Now: vTv Therapeutics Inc.(VTVT)
Advisors' Opinion:- [By Lisa Levin] Gainers Turtle Beach Corporation (NASDAQ: HEAR) surged 87.1 percent to $12.98 after the company reported Q1 results and raised its FY18 outlook. ARMO BioSciences, Inc. (NASDAQ: ARMO) shares jumped 66.8 percent to $49.735 after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. vTv Therapeutics Inc. (NASDAQ: VTVT) gained 34 percent to $2.2920 following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Prestige Brands Holdings, Inc. (NYSE: PBH) climbed 22.3 percent to $34.84 after the company posted upbeat Q4 earnings. Depomed, Inc. (NASDAQ: DEPO) shares jumped 22.2 percent to $7.28 following better-than-expected Q1 earnings. Everspin Technologies, Inc. (NASDAQ: MRAM) gained 19.8 percent to $8.89 after the company reported strong results for its first quarter. Luxfer Holdings PLC (NYSE: LXFR) surged 19.8 percent to $17.10 following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 18.3 percent to $2.26 after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Intelligent Systems Corporation (NYSE: INS) gained 17 percent to $7.116. Green Dot Corporation (NYSE: GDOT) surged 15.3 percent to $73.00 after reporting upbeat Q1 earnings. The Chefs' Warehouse, Inc. (NASDAQ: CHEF) climbed 15 percent to $28.85. Chefs' Warehouse posted Q1 earnings of $0.03 per share on sales of $318.6 million. Westport Fuel Systems Inc. (NASDAQ: WPRT) rose 14.2 percent to $2.9701. Wright Medical Group N.V. (NASDAQ: WMGI) jumped 13.8 percent to $23.87 after reporting upbeat quarterly earnings. Diplomat Pharmacy, Inc. (NYSE: DPLO) gained 13.4 percent to $22.70. Diplomat named Brian Griffin as Chairman and CEO. Carvana Co. (NYSE: CVNA) shares rose 13 percent to $27.97 after reporting upbeat Q1 sales. Prothena Corporation plc (NASDAQ: PRTA) gained 12 percent to $15.19
- [By Stephan Byrd]
COPYRIGHT VIOLATION NOTICE: “Q1 2018 EPS Estimates for vTv Therapeutics Decreased by Seaport Global Securities (VTVT)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/3350631/q1-2018-eps-estimates-for-vtv-therapeutics-decreased-by-seaport-global-securities-vtvt.html.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Aceto Corporation (NASDAQ: ACET) fell 41.9 percent to $4.30 in pre-market trading. ACETO board disclosed that it is taking proactive steps to address business and financial challenges. Canaccord Genuity downgraded Aceto from Buy to Sell. Helios and Matheson Analytics Inc. (NASDAQ: HMNY) fell 25.3 percent to $2.86 in pre-market trading after reporting an ATM offering of $150 million. Pier 1 Imports, Inc. (NYSE: PIR) fell 17.4 percent to $2.86 in pre-market trading after reporting a fourth quarter sales miss. Comps were down 7.5 percent in the quarter. Sleep Number Corporation (NASDAQ: SNBR) fell 12.4 percent to $32.00 in pre-market trading following a first quarter earnings miss. Paratek Pharmaceuticals, Inc. (NASDAQ: PRTK) fell 10.2 percent to $11.90 in pre-market trading on news of $125 million convertible debt offering. Merrimack Pharmaceuticals, Inc. (NASDAQ: MACK) shares fell 8 percent to $8.02 in pre-market trading after dropping 2.02 percent on Wednesday. Exponent, Inc. (NASDAQ: EXPO) shares fell 5.6 percent to $80 in pre-market trading. Lumentum Holdings Inc. (NASDAQ: LITE) shares fell 4.8 percent to $60.00 in pre-market trading after rising 1.78 percent on Wednesday. vTv Therapeutics Inc. (NASDAQ: VTVT) fell 4.6 percent to $2.10 in pre-market trading after surging 84.87 percent on Wednesday. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) shares fell 4.5 percent to $40.07 in pre-market trading after the company reported Q1 results. Align Technology, Inc.. (NASDAQ: ALGN) fell 3.5 percent to $267.40 in pre-market trading after rising 1.61 percent on Wednesday. Transocean Ltd. (NYSE: RIG) shares fell 3.5 percent to $12 in pre-market trading after the company issued quarterly fleet status report. GoPro, Inc. (NASDAQ: GPRO) fell 3.2 percent to $4.90 in pre-market trading. Unilever PLC (NYSE: UL) fell 2.6 percent to $54.73 in pre-market - [By Paul Ausick]
vTv Therapeutics Inc. (NASDAQ: VTVT) dropped about 79% Tuesday to post a new 52-week low of $0.69. Shares closed at $3.26 on Monday and the stock’s 52-week high is $8.40. Volume was about 30 times the daily average of around 205,000 shares. The company’s Alzheimer drug failed to meet the goals of a phase 3 study.
- [By Lisa Levin] Gainers vTv Therapeutics Inc. (NASDAQ: VTVT) shares surged 115 percent to $2.56. Seadrill Limited (NYSE: SDRL) gained 77 percent to $0.3935. On Tuesday, a U.S. court approved the company's plan to exit Chapter 11 bankruptcy that includes raising around $1 billion in new debt and equity through a rights offering which will be led by its biggest shareholder. DropCar, Inc. (NASDAQ: DCAR) shares climbed 21.4 percent to $2.3301 after the company issued a preliminary Q1 update on its enterprise automotive business. The company disclosed that Q1 B2B automotive volumes rose 163 percent year-over-year. Teligent, Inc. (NASDAQ: TLGT) shares jumped 19.7 percent to $3.615 following the FDA approval of Clobetasol Propionate Cream USP, 0.05%. IZEA, Inc. (NASDAQ: IZEA) surged 19.1 percent to $2.62. IZEA posted a Q4 net loss of $743,000 on sales of $6.8 million. SunPower Corporation (NASDAQ: SPWR) shares gained 15.2 percent to $9.6180. SunPower announced plans to acquire SolarWorld Americas. LexinFintech Holdings Ltd. (NASDAQ: LX) climbed 10.2 percent to $15.20. CounterPath Corporation (NASDAQ: CPAH) shares rose 8.8 percent to $3.0033. Semiconductor Manufacturing International Corporation (NYSE: SMI) gained 8.2 percent to $6.685 after falling 0.80 percent on Tuesday. Energy XXI Gulf Coast, Inc. (NASDAQ: EGC) shares climbed 7.2 percent to $5.93. Textron Inc. (NYSE: TXT) shares rose 6.7 percent to $63.96 after the company reported stronger-than-expected earnings for its first quarter. Sibanye Gold Limited (NYSE: SBGL) gained 6.5 percent to $3.59 after dropping 4.53 percent on Tuesday. Calithera Biosciences, Inc. (NASDAQ: CALA) rose 6.3 percent to $6.75 after the company disclosed that the FDA has granted Fast Track designation to CB-839 in combination with cabozantinib for treatment of patients with advanced renal cell carcinoma. CSX Corporation (NASDAQ: CSX) gained 6.1 percent to $60.01 after reporting upbeat quarterly earnings
Top 10 High Tech Stocks To Own Right Now: Noah Holdings Ltd.(NOAH)
Advisors' Opinion:- [By Stephan Byrd]
Noah Coin (CURRENCY:NOAH) traded down 0.2% against the US dollar during the 24-hour period ending at 10:00 AM Eastern on May 14th. Noah Coin has a market capitalization of $0.00 and approximately $2.39 million worth of Noah Coin was traded on exchanges in the last day. One Noah Coin token can currently be purchased for approximately $0.0083 or 0.00000095 BTC on cryptocurrency exchanges. Over the last seven days, Noah Coin has traded down 8.5% against the US dollar.
- [By Joseph Griffin]
Noah Coin (CURRENCY:NOAH) traded up 4% against the US dollar during the 1 day period ending at 23:00 PM E.T. on May 18th. During the last seven days, Noah Coin has traded down 6.4% against the US dollar. One Noah Coin token can now be purchased for about $0.0079 or 0.00000096 BTC on exchanges. Noah Coin has a market cap of $0.00 and $4.58 million worth of Noah Coin was traded on exchanges in the last day.
- [By Max Byerly]
Noah Holdings (NYSE:NOAH)’s share price hit a new 52-week high and low on Monday . The stock traded as low as $57.81 and last traded at $57.76, with a volume of 191661 shares traded. The stock had previously closed at $54.50.
Top 10 High Tech Stocks To Own Right Now: Sunoco LP(SUN)
Advisors' Opinion:- [By Benzinga News Desk]
President Donald Trump hinted he may intervene in the Justice Department’s Russia investigation, as a Senate panel advanced a measure to protect Special Counsel Robert Mueller: Link
ECONOMIC DATA USA GDP (QoQ) for Q1 2.30% vs 2.00% Est; Prior 2.90% The University of Michigan's consumer confidence index for April is schedule for release at 10:00 a.m. ET. The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET. Data on farm prices for the recent week will be released at 3:00 p.m. ET. ANALYST RATINGS Stifel upgraded Facebook (NASDAQ: FB) from Hold to Buy Morgan Stanley upgraded Acacia Communications (NASDAQ: ACIA) from Underweight to Equal-Weight Jefferies downgraded Sunoco (NYSE: SUN) from Hold to Underperform KBW downgraded Oaktree Capital (NYSE: OAK) from Outperform to Market PerformThis is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
- [By Matthew DiLallo]
However, he did rule out the possibility that the company would also roll up its other MLP Sunoco LP (NYSE:SUN). He said that "we're very pleased with what we're seeing at SUN as far as the growth that they will be directing that MLP into. And as you know, SUN is younger in the IDR life." Because of that "for the reasonable future, we don't see that being rolled up."
- [By Matthew DiLallo]
The only segment where earnings declined was the catch-all one labeled "all other," which houses different investments such as its stake in Sunoco L.P. (NYSE:SUN) and PES, a refining joint venture. PES has struggled due to higher costs, and recently declared bankruptcy. Meanwhile, Energy Transfer's earnings from Sunoco L.P. declined because that entity sold the bulk of its retail assets and then used that cash to repurchase a portion of Energy Transfer's investment.
- [By ]
That's the case for Sunoco (NYSE: SUN). After posting a net loss of $0.09 per share in 2017, the gas station owner is expected to swing to a hefty profit of $2.35 per share in 2018. But of the 14 analysts who follow the company, earnings estimates range as low as $1.22 and as high as $3.35 -- so there is a high degree of uncertainty.�
- [By Stephan Byrd]
Sunoco (NYSE: SUN) and Macquarie Infrastructure (NYSE:MIC) are both mid-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, profitability, dividends, analyst recommendations, valuation and institutional ownership.
- [By Joseph Griffin]
Sunoco (NYSE:SUN) released its quarterly earnings results on Wednesday. The oil and gas company reported ($3.74) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($4.31), Briefing.com reports. Sunoco had a return on equity of 17.06% and a net margin of 1.27%. The firm had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3 billion. During the same quarter in the previous year, the business posted ($0.22) EPS. The firm’s revenue for the quarter was up 33.5% compared to the same quarter last year.
Top 10 High Tech Stocks To Own Right Now: Sempra Energy(SRE)
Advisors' Opinion:- [By Logan Wallace]
Sempra Energy (NYSE: SRE) and Vectren (NYSE:VVC) are both utilities companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, dividends, risk, institutional ownership, valuation, analyst recommendations and earnings.
- [By Lisa Levin] Companies Reporting Before The Bell Tyson Foods, Inc. (NYSE: TSN) is projected to report quarterly earnings at $1.32 per share on revenue of $9.89 billion. Sysco Corporation (NYSE: SYY) is estimated to report quarterly earnings at $0.64 per share on revenue of $14.34 billion. Louisiana-Pacific Corporation (NYSE: LPX) is expected to report quarterly earnings at $0.67 per share on revenue of $692.63 million. Cognizant Technology Solutions Corporation (NASDAQ: CTSH) is estimated to report quarterly earnings at $1.06 per share on revenue of 3.90 billion. Manchester United plc (NYSE: MANU) is estimated to report quarterly loss at $1.35 per share on revenue of $193.67 million. Sempra Energy (NYSE: SRE) is expected to report quarterly earnings at $1.66 per share on revenue of $3.24 billion. Willis Towers Watson Public Limited Company (NYSE: WLTW) is projected to report quarterly earnings at $3.01 per share on revenue of $2.23 billion. Green Plains Inc. (NASDAQ: GPRE) is estimated to report quarterly loss at $0.28 per share on revenue of $922.42 million. TravelCenters of America LLC (NASDAQ: TA) is projected to report quarterly loss at $0.16 per share on revenue of $1.59 billion. Gannett Co., Inc. (NYSE: GCI) is expected to report quarterly earnings at $0.03 per share on revenue of $723.93 million. Welbilt, Inc. (NYSE: WBT) is estimated to report quarterly earnings at $0.11 per share on revenue of $329.71 million. Horizon Pharma Public Limited Company (NASDAQ: HZNP) is projected to report quarterly earnings at $0.07 per share on revenue of $234.17 million.
- [By Tyler Crowe]
Sempra Energy's (NYSE:SRE) acquisition of Oncor was a bit of a coup on Wall Street, as it was able to outbid Berkshire Hathaway for the Texas utility. The victory didn't come cheap, though, as Sempra had to cough up $9.5 billion and take on quite a bit of debt in the process of completing the deal. Even though the company sees immense potential in the purchase and the growth opportunities that come with it, shares of Sempra have been mostly flat for the past year.
Top 10 High Tech Stocks To Own Right Now: Sociedad Quimica y Minera S.A.(SQM)
Advisors' Opinion:- [By Jim Robertson]
Bloomberg recently had an editorial about why is there so little noise about the oligopoly controlling lithium��� now one of the hottest elements on the periodic table thanks to electric vehicles (EVs). Traditionally, USA based FMC Corp (NYSE: FMC) along with�Albemarle Corporation (NYSE: ALB) and Chile��s Sociedad Quimica y Minera de Chile (NYSE: SQM) have formed�a lithium oligopoly dominating global production. The Bloomberg article�though breaks�down the lithium carbonate market as follows:
- [By Jim Robertson]
Morgan Stanley analysts had issued a report predicting that the cost of the lithium could fall 45% by 2021 and they also downgraded key lithium producers Albemarle Corporation (NYSE: ALB) and Chile��s Sociedad Quimica y Minera de Chile (NYSE: SQM) to "underweight" from "equal weight.�� �
- [By Jim Robertson]
Earlier this week, senior commercial vice president Daniel Jimenez of Sociedad Quimica y Minera de Chile (NYSE: SQM)�told delegates at Industrial Minerals' and Metal Bulletin's inaugural Battery Materials conference in Shanghai that there is a legitimate concern on the side of electric vehicle (EV)�manufacturers over the reliability of lithium supply sources and that the industry has shown ��poor track record of delivering projects on time.�� Jimenez also commented:
Top 10 High Tech Stocks To Own Right Now: Integrated Device Technology, Inc.(IDTI)
Advisors' Opinion:- [By Ethan Ryder]
Integrated Device Technology (NASDAQ:IDTI) CEO Gregory L. Waters sold 43,699 shares of the company’s stock in a transaction dated Tuesday, May 15th. The stock was sold at an average price of $30.80, for a total transaction of $1,345,929.20. Following the completion of the sale, the chief executive officer now owns 806,420 shares in the company, valued at approximately $24,837,736. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
- [By Ezra Schwarzbaum]
Several other optics stocks stand to gain. In a Monday note, Bank of America Merrill Lynch analyst Vivek Arya also highlighlited the semiconductor space as one that could benefit from the news. Other stocks to watch include:
Lumentum Holdings Inc (NASDAQ: LITE) Ciena Corporation (NYSE: CIEN) Coherent, Inc. (NASDAQ: COHR) II-VI, Inc. (NASDAQ: IIVI) Inphi Corporation (NYSE: IPHI) Skyworks Solutions Inc (NASDAQ: SWKS) Integrated Device Technology Inc (NASDAQ: IDTI) Qorvo Inc (NASDAQ: QRVO) Xilinx, Inc. (NASDAQ: XLNX) Broadcom Inc (NASDAQ: AVGO)Related Links:
Top 10 High Tech Stocks To Own Right Now: WellCare Helath Plans Inc.(WCG)
Advisors' Opinion:- [By Max Byerly]
WellCare (NYSE:WCG) had its target price boosted by Wells Fargo from $220.00 to $240.00 in a report released on Wednesday morning. Wells Fargo currently has an outperform rating on the stock.
Top 10 High Tech Stocks To Own Right Now: Cumberland Pharmaceuticals Inc.(CPIX)
Advisors' Opinion:- [By Max Byerly]
COPYRIGHT VIOLATION NOTICE: “Cumberland Pharmaceuticals (CPIX) Research Coverage Started at B. Riley” was originally posted by Ticker Report and is the property of of Ticker Report. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/3364464/cumberland-pharmaceuticals-cpix-research-coverage-started-at-b-riley.html.
Top 10 High Tech Stocks To Own Right Now: Diana Containerships Inc.(DCIX)
Advisors' Opinion:- [By Lisa Levin] Gainers Carver Bancorp, Inc. (NASDAQ: CARV) shares jumped 92.1 percent to $7.01. iPic Entertainment Inc. (NASDAQ: IPIC) gained 21.6 percent to $9.73. Baozun Inc. (NASDAQ: BZUN) shares jumped 18.7 percent to $53.49 after reporting Q1 results. World Wrestling Entertainment, Inc. (NYSE: WWE) shares jumped 15.9 percent to $50.50. The company's "Smackdown Live" may not be renewed at NBCUniversal network and the company's "Monday Night Raw" program could be worth three times its current value elsewhere, according to a report for The Hollywood Reporter. Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) gained 14.7 percent to $ 20.46 after the company issued further details on Phase 3 ADVANCE study of ROLONTIS. Motus GI Holdings, Inc. (NASDAQ: MOTS) climbed 13.4 percent to $5.5009. Endocyte, Inc. (NASDAQ: ECYT) rose 13.3 percent to $ 14.23 after the company announced presentation of Phase 2 data from prostate cancer trial of 177Lu-PSMA-617 at the 2018 ASCO Annual Meeting. Diana Containerships Inc. (NASDAQ: DCIX) gained 12.9 percent to $1.7499 after the company announced the sale of Post-Panamax Container Vessel for $21 million. Essendant Inc. (NASDAQ: ESND) gained 12.7 percent to $12.43. Essendant confirmed receipt of unsolicited proposal from Staples of $11.50 per share in cash. Blink Charging Co (NASDAQ: BLNK) rose 11.8 percent to $8.04 after surging 31.68 percent on Wednesday. OptimumBank Holdings, Inc. (NASDAQ: OPHC) gained 11.5 percent to $5.15. Flotek Industries, Inc. (NYSE: FTK) shares climbed 10.7 percent to $3.74. Farmer Bros. Co. (NASDAQ: FARM) rose 7.9 percent to $25.95 after climbing 7.90 percent on Wednesday. Minerva Neurosciences Inc (NASDAQ: NERV) rose 6.5 percent to $6.93 after Journal of Clinical Psychiatry published positive results of cognitive performance from Phase 2B trial of roluperidone in schizophrenia patients. Williams Partners L.P. (NYSE: WPZ) rose 5.6 percent to $40
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