Fate Therapeutics Announces U.S. FDA Clearance

Fate Therapeutics (FATE) is seeing an incredible amount of momentum. Since April 2020, the stock rocketed from a low of $19.92 to $35.23, as it moves progresses with cellular immunotherapies for cancer and immune disorders. Just days ago, Fate Therapeutics announced the U.S. FDA cleared its investigational new drug (IND) application for FT538, the first … Continue reading “Fate Therapeutics Announces U.S. FDA Clearance”

Federal Reserve’s Powell: “There’s A Lot More We Can Do”

The Federal Reserve isn’t ready to throw in the towel on the economy just yet. “There’s a lot more we can do,” said Federal Reserve Chairman Jerome Powell, as quoted CBS News 60 Minutes, as quoted by CNN. “We’ve done what we can as we go. But I will say that we’re not out of ammunition by … Continue reading “Federal Reserve’s Powell: “There’s A Lot More We Can Do””

House Proposes $3 Trillion Stimulus Package

While the Federal Reserve races to help keep the economy afloat, the House just proposed a $3 trillion aid package called the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act—to help strengthen state and local government funding and extend relief to Americans. According to The Wall Street Journal, the HEROES Act would include: A … Continue reading “House Proposes $3 Trillion Stimulus Package”

The Top 3 Moments from the Berkshire Hathaway Meeting

“Nothing can stop America.” That was Warren Buffett’s firm message at Berskshire’s 2020 annual shareholder meeting. Some of the key highlights at the meeting included: “Nothing can stop America” “The American miracle, the American magic has always prevailed, and it will do so again. … In World War II, I was convinced of this,” he … Continue reading “The Top 3 Moments from the Berkshire Hathaway Meeting”

General Motors Cuts Dividend and Buyback Program

2020 has not been kind to dividends. Thanks to the coronavirus, General Motors (GM) just cut its quarterly cash dividend and its share buyback program.  All as the virus does severe damage to global auto sales.  “We continue to enhance our liquidity to help navigate the uncertainties in the global market created by this pandemic,” … Continue reading “General Motors Cuts Dividend and Buyback Program”

The Top E-Commerce Stocks Higher on the COVID-19 Crisis

With the coronavirus keeping many of us at home, ecommerce is booming. In fact, online spending just in the U.S. is up more than 30% from March 2020 through mid-April 2020, says CNBC.  “That is significantly more growth — about 50% more — than the annual 20% growth in online shopping the firm has become … Continue reading “The Top E-Commerce Stocks Higher on the COVID-19 Crisis”