Stocks
The Dow Jones Industrial Average closed higher, while the S&P 500 and Nasdaq hit record levels. Tesla gained despite Elon Musk's confession, while Airbnb surged past a new buy point. Dow Inc. and Goldman Sachs were the top blue chip gainers, and a trio of stocks
Stocks
The Dow Jones Industrial Average and S&P 500 rose slightly, while the Nasdaq composite surged to a record high, propelled by growth stocks. The Russell 2000 finished the day with a gain of 1.9%, and the innovative IBD 50 ETF rose 2.5%, solidifying its lead over
Stocks
Amazon shares experienced a boost after a Defense Department decision to cancel a $10 billion cloud-computing contract awarded to Microsoft, which many experts speculated was chosen due to a personal dislike of Jeff Bezos by former President Donald Trump. The win for Amazon came on the second day of Andy
Stocks
The Dow and S&P 500 indices rallied sharply on Friday, rebounding from losses incurred in Thursday's reversal, while the Nasdaq lagged behind. The White House's announcement to tighten reins on big tech, banking, and shipping put pressure on tech stocks, but a rebound in
Stocks
Democratic vice presidential nominee Kamala Harris' statement that marijuana would be decriminalized at a federal level in the United States under a Biden administration sent shockwaves through the cannabis industry, with US-listed shares of major producers rising significantly. The announcement sparked optimism about the potential for increased access to
Stocks
Regeneron Pharmaceuticals' shares rose significantly after President Donald Trump's doctors announced that he received an infusion of the company's dual antibody treatment for COVID-19, REGN-COV2. The move sparked speculation that Regeneron could soon receive Emergency Use Authority from the Food & Drug Administration (FDA). Trump&
Stocks
Investors are weighing up rising coronavirus cases and latest decisions by the Bank of England and US Federal Reserve, leading to a decline in stocks globally. The FTSE 100 index fell 0.5 per cent to 6,017 points, while mid-cap firms were hit harder, with the FTSE 250 dropping
Stocks
Global stock markets edged upward on Monday, bolstered by hopes of a COVID-19 vaccine and upbeat signs from central bank meetings. Sterling firmed against the dollar ahead of a key vote on Prime Minister Boris Johnson's post-Brexit plan, while Asia-Pacific shares outside Japan rose 0.9% to their
Stocks
Banking stocks were in disarray on Wednesday morning, with several major banks experiencing losses. State Bank of India led the decline, slipping 2.04% as of 10:49AM. India's largest lender was followed by Axis Bank, IndusInd Bank, Punjab National Bank, and ICICI Bank, all of which saw
Stocks
The stock market's explosive recovery from the COVID-19 pandemic is expected to give way to disappointment in fundamentals, according to Christian Mueller-Glissmann, managing director of portfolio strategy at Goldman Sachs. Mueller-Glissmann told CNBC that high valuations, fueled by policy support, will act as a "speed limit"
Stocks
The global healthcare artificial intelligence market has witnessed significant growth in recent times, with shares surging amidst the COVID-19 pandemic. The market is expected to expand at a CAGR of 51.9% during the forecast period of 2018-2023, driven by factors such as mounting application of artificial intelligence in drug
Stocks
The US equities market experienced a significant surge on Monday, with major indexes reaching record highs, amid positive news on coronavirus treatments and easing US-China tensions. The rally was driven by the US Food and Drug Administration's emergency authorization for the use of plasma to treat COVID-19, as
