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For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud. Hyrecar Inc. (NASDAQ: HYRE) will issue 2 million shares between $5 and $6 Wednesday on the Nasdaq. The firm facilitates vehicle rentals between car owners and Uber and Lyft drivers. Neon Therapeutics, Inc. (NASDAQ:...

Biotech stocks saw some upward momentum last week. The defensive nature of biotech stocks drove investors into the space amid a rise in risk aversion following the ongoing U.S.-China trade war. The week also saw a slew of initial public offerings. Looking ahead, here are the catalytic events in the...

In Dan Gilbert’s view, there are four pillars to Detroit’s growth: blight, jobs, safety and education. That’s why the company Gilbert founded, Quicken Loans, awarded $1.2 million in funding to Detroit entrepreneurs at the company's second annual Demo Day Friday, he said....

The cryptocurrency market finished yet another week on a low note Friday, with most major cryptocurrencies trading down more than 8 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move....

Amazon.com Inc. (NASDAQ: AMZN) recently partnered with Marriott International Inc. (NYSE: MAR) to expand the presence of Amazon's Echo in the latter's hotel rooms by coming summer. This is a win-win deal that will give Amazon an edge over competitors and help maintain its supremacy in the...

The US dollar is mixed against major pairs. Safe havens like the Swiss franc, Japanese yen and the euro have gained against the greenback, while the Canadian and New Zealand dollars along with the pound are lower. Strong data in Europe boosted the single currency but the rally was short lived after...

Red Hat (NYSE: RHT) traded 12 percent lower on Friday morning, after beating Wall Street earnings estimates but missing on guidance. The company reported earnings per share of $0.72 and total revenue of $813 million, beating analyst estimates of $0.69 and $807 million. For next quarter, they...

Lockheed Martin Corp.'s (NYSE: LMT) Missile and Fire Control business division recently won a $364.6 million contract for Army Tactical Guided Missile and Launching Assembly Service Life Extension program. The deal was awarded under the domestic and foreign military sales program....

The Dow Jones Industrial Average closed 119 points higher on Friday at 24,580, putting an end to what threatened to be the index’s longest losing streak in 40 years. What Happened The last positive day for the Dow was June 11, nine days ago. The index had fallen as much as 3.3 percent...

This was a huge week for the marijuana industry: Canada became the second country in the world to legalize cannabis for recreational uses. “October 17 was set as the first day for recreational sales. Some people in the industry wanted an earlier date, but at least companies can now make plans...

Achaogen Inc (NASDAQ: AKAO) shares have been rangebound between $10 and $14 since late last year, with a mixed FDA panel vote on its antibiotic treatment candidate plazomicin in early May stifling any potential rally. A Plazomicin Primer Plazomicin is Achaogen's lead product candidate. It is a...

The constant criticism by President Donald Trump of the United States Postal Service's package delivery deal with Amazon.com, Inc. (NASDAQ: AMZN) is manifesting itself in other ways as the administration's new "Delivering Government Solutions in the 21st Century: Reform Plan and...

Molson Coors Brewing Co (NYSE: TAP) has entered discussions with several Canadian cannabis companies about investing and collaborating on cannabis-infused beverages, according to a BNN Bloomberg report. Molson Coors is seeking “a high quality product that isn’t going to embarrass them...

Toward the end of trading Friday, the Dow traded up 0.68 percent to 24,627.54 while the NASDAQ declined 0.11 percent to 7,704.71. The S&P also rose, gaining 0.38 percent to 2,760.20. Leading and Lagging Sectors Friday afternoon, the energy shares surged 2.9 percent. Meanwhile, top gainers in...

Red Hat Inc (NYSE: RHT) stock tanked more than 12 percent Friday after the company’s first-quarter earnings report failed to wow the market. Red Hat also announced a $1 billion buyback. A number of analysts have weighed in on Red Hat stock following the report. Here’s a sampling of...