(Bloomberg) -- Traders should brace for a significant pullback in the stock market as uncertainty swirls around the US presidential campaign, corporate earnings and Federal Reserve policy, according to Morgan Stanley’s Mike Wilson.Most Read from Bloomberg“I think the chance of...
Paramount stock (PARA) moved lower on Monday after the entertainment giant announced it plans to merge with Skydance Media in a deal that would mark an end to the Redstone family's control of the company.The agreement, announced late Sunday, comes...
Are You Rich Enough To Join The Top 2%? Here's Exactly How Much You Need To Rank Among The WealthiestIn a society where discussing one's financial status often remains taboo, understanding where you stand on the wealth spectrum can be...
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker before its earnings.Most Read from BloombergTSMC ADRs shares jumped as much as 4.8%,...
Eli Lilly (LLY) said Monday it would acquire Morphic Holding (MORF) for $3.2 billion. Morphic stock skyrocketed to a 10-month high. ↑ X NOW PLAYING How Novo Nordisk, Wegovy And Ozempic Are Changing The Weight-Loss Game For Patients And Investors...
Economic and financial market data points have been showing some interesting inconsistencies lately. The labor market remains tight, interest rates remain high even though the pace of inflation is easing, signs are emerging of a general slowdown, bond markets are...
Dow Jones futures rose along with the major stock indexes Monday as Wall Street braced for a pair of speeches this week from Federal Reserve Chairman Jerome Powell. One of the big winners was Nvidia (NVDA) chipmaker Taiwan Semiconductor Manufacturing...
(Bloomberg) -- Eli Lilly & Co. agreed to buy U.S. gut-drug maker Morphic Holding Inc. for about $3.2 billion, plowing some of the proceeds from obesity blockbuster Zepbound into its experimental pipeline.Most Read from BloombergLilly will pay $57 a share...
(Reuters) - U.S. stock index futures were little changed on Monday, as investors prepared for a busy week that will see the release of a key inflation report, Federal Reserve Chair Jerome Powell's testimony and the start of the second-quarter...
The stock market had a strong first half of the year. The S&P 500 rallied 14.5%, while the tech-heavy Nasdaq-100 index surged 17%.However, while the first half was strong for the broader market, it wasn't quite so good for dividend...
