Despite widespread addiction and deaths recorded across the country, a consortium of state attorneys general agreed to a $26 billion settlement with four major drugmakers who created and sold opioid medicines. The settlement brought to light the scope and severity of the US public health concern. In 2019, about 50,000 people in the United States will die from opioid overdoses. Every year, the country spends $78 billion on prescription opioid usage. Pfizer and Novartis AG are two companies working on therapies for opioid overdose. Here is Insider Monkey’s list of the 10 pharma companies making treatment for opioid overdose. On…
Author: Isabelle Acosta
S&P CoreLogic reported a 16.6 percent increase in U.S. housing prices in May, higher than the 14.8 percent increase reported for April. Business Insider notes that the inadequate supply of housing is driving up prices as the demand continues to recover. This market has benefited D.R. Horton, Inc. and Lennar Corporation. Some economists predict a home market bubble that will explode. S&P CoreLogic’s analysis is more ambiguous. The South and West saw seven times the rate of population growth as the Northeast and Midwest. Mid-America Apartment Communities, Inc. is a real estate corporation based in the Southeast and Southwest. Here…
In 2020, major dividend-paying firms will reduce or stop paying dividends. During the pandemic, dividend-paying stocks like Johnson & Johnson gained popularity by maintaining and even raising their dividend payments. Investors are looking to diversify their portfolios with strong dividend-paying equities for income and reinvestment plans. Dividend investing is gaining traction, with indices like the S&P 500 paying an average dividend return of 1.3 percent versus 1.15 percent for the 10-year Treasury. Some of the major healthcare corporations that gained from the epidemic are Johnson & Johnson and AbbVie Inc. Both firms are dividend aristocrats, with yearly dividend increases for…
The Shawshank Redemption, Escape Plan, and Escape from Alcatraz are just a few examples of what happens behind bars. Murder and rape are normalized in “correctional facilities,” and torture is carried out for fun. There is such a thing as a “safe prison,” but we won’t discuss it here. The MS-13 gang is known for being a part of some of history’s most vicious and deadliest jail riots, murdering officers and convicts like insects. The guards were not the issue in certain institutions, but the captives were. Over 100 detainees have been reported in cells designed to house just ten…
Many elements determine a person’s influence, including their social media following, net wealth, projects, and overall celebrity. Because these things can’t be quantified in strictly statistical terms, there is no formal process for determining someone’s influence or fame. The data in this post was collected and obtained from reputable sources such as Forbes and TIME. Movie stars and celebrities are given a lot of attention in today’s technological age. Many celebrities from the entertainment and media industries appear on the list of the top billionaires in the industry. Insider Monkey discusses the 10 most famous personalities in the world. Robert…
Ikarian Capital, established in Dallas, has Neil Shahrestani as its Chief Investment Officer, managing member, and co-founder. The biotechnology and pharmaceuticals firms are the primary investments of the hedge fund. He earned an honors degree in economics from Columbia University and an honors degree in medicine from Harvard Medical School. The majority of Ikarian Capital’s investments are in the banking and healthcare sectors. As of the conclusion of the first quarter of 2021, the hedge fund’s 13F portfolio was worth around $2.96 billion. Eli Lilly & Company and AstraZeneca PLC are two of these companies. The banking and healthcare sectors…
Because it may bridge the gap between carbon-intensive fossil fuels like coal and oil, natural gas is often referred to as a “transitional fuel.” Since 2008, global gas output has been steadily increasing, owing mostly to the advent of shale drilling in the United States. According to the BP Statistical Review of World Energy 2020, Russia and the United States hold the world’s greatest natural gas reserves. Russia has proven natural gas reserves of over 1341 trillion cubic feet. Horizontal drilling and fracturing are used to produce the majority of natural gas in the United States. With the shale revolution…
Since Netflix entered the market in 2007, streaming media has become the latest craze. Companies such as Amazon.com, Disney, and Netflix have revolutionized the way people consume video content such as movies and television shows. People used to watch television shows on a television set. The Motion Picture Association has published its annual THEME report for the year 2020. In 2020, the global theatrical and home/mobile markets generated $80.8 billion in revenue. Around the world, there are 1.1 billion online video subscribers, up 26% from 2019. Insider Monkey discusses our list of the 25 best shows on Hulu in 2021.…
After selling his share in GameStop, Senvest Management’s co-chief investment officer became famous. The hedge fund gained on the game retailer’s stock after a Reddit-fueled increase. Senvest was one of the most successful hedge funds during the recent stock boom. Senvest Management focuses on small and mid-cap growth and value stocks. Senvest Management, led by Richard Mashaal, owns stakes in Microsoft Corporation, Pfizer Inc., and Applied Materials, Inc. Here are some of the 10 best stocks to buy according to Richard Mashaal’s Senvest Management. MGM Resorts International was ranked tenth on Senvest Management’s list of the top ten stocks to…
Internet forums like Reddit have introduced a new generation of investors to the stock market. According to an analyst last month, the Goldman Sachs retail favorite stock list outperformed the benchmark S&P 500 Index by 3 percentage points in June. For penny stocks, Reddit is a popular trading platform. Tesla, Apple, and Shopify are among the most popular stocks on Reddit right now. Because many individual investors have minimal funds and are willing to take risks, penny stocks are popular. Trends related to trends and their impact on the market might provide useful insight for smart investors. Here is Insider…
Zoos are visited by about 183 million people in the United States each year. Zoos and aquariums serve the educational and recreational aims of protecting and showcasing land and aquatic creatures. Zoos, on the other hand, experienced significant losses as a result of the coronavirus outbreak, when foot traffic came to a halt. The travel and tourism industry has suffered losses due to the COVID-19 pandemic. New data suggests that those losses may total $766 billion alone during 2020. The number of jobs supported by the industry declined by 33.2% from 16.5 million to 11.1 million. Here is Insider Monkey’s…
Due to the market’s transition from growth to value investment, the tech sector has taken a beating this year. Some investors are shifting their stock market wagers away from the IT industry and toward recovering industries. Even in the midst of the coronavirus outbreak, tech stocks thrived. In the last seven years, the NYSE FANG+ index has outperformed other major US indexes. Facebook, Apple, Amazon, Netflix, and Google parent Alphabet are among the five FAANG stocks. In their respective fields, each of these businesses is a market leader. The world’s leading IT businesses’ combined income increased by 34% as a…