After all, many currently well-established companies were once small- or mid-cap stocks. Axsome Therapeutics is a mid-cap drugmaker coming off a solid performance in 2022, during which its shares more than doubled. The company could carry this momentum into this year.
While it stood pat this time, the Federal Reserve has raised rates 11 times in this cycle.
Discover how Warren Buffett spends his multibillion-dollar fortune and amassed his $134 billion net worth, which grew by over $16 billion this year.
Warren Buffett had some advice for American Express CEO Steve Squeri at the start of the pandemic.
(Bloomberg) -- While Chinese tech companies have long harbored ambitions to move into the electric car industry, EV upstart Nio Inc. has gone the other way — on Thursday releasing its first mobile phone. Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsCanada Pulls Diplomats, India Suspends Visas in Escalating FightPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalVegas’ Newest Re
Peter Brown, CEO of Renaissance Technologies, said during a podcast discussion that his approach was different to competitors.
The stock market's initial reaction to the Fed's decision to leave interest rates unchanged was negative as indexes sank to session lows. Small caps still led the stock market, with the Russell 2000 up 0.4%. The Dow Jones Industrial Average was up 0.4% as IBM jumped 2.6% to its highest level since December 2022.
Chipmaker Nvidia Corp. is betting on India to become one of the world's biggest artificial-intelligence centers. And Infosys Ltd. said this week the Indian tech firm will collaborate with Nvidia to provide generative AI-based services. Saritha Rai reports on Bloomberg Television.
(Bloomberg) -- For active managers, the math is stark. Out of thousands of mutual funds, literally only one beat the Nasdaq 100 over the last five, 10 and 15 years. It did so by boiling down stock picks to about two dozen companies and riding almost all of them to gains.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseTrudeau’s Murder Claim Risks Upending US Courtship of IndiaDollar Rally
Dividend stocks are the multi-purpose tool of the markets. They offer investors a two-pronged path towards profitable returns, including a measure of defense against tough market conditions along with a steady source of passive income. It’s an attractive combination. The best dividend stocks will give an inflation-beating income based on the dividend alone, backing it up with a long-term history of reliable payments. It’s a win-win situation for investors: when the stock goes up, you’ll make mon
A legal team that forced Tesla's directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own. The lawyers want a judge to approve $229 million in fees, or $10,690 an hour, according to a Sept. 8 filing in Delaware's Court of Chancery. The sum would be distributed among lawyers from four firms that spent several years building a case against the compensation paid to Tesla's directors from 2017 to 2020.
Medical Properties (MPW) closed at $6.02 in the latest trading session, marking a -1.15% move from the prior day.
"I see far more bullish indicators for stocks than I do bearish. And what I think is interesting is that every day a new bearish narrative emerges."
(Bloomberg) -- More colleges and universities in the US are headed for closures or mergers, with enrollment declining across higher-education institutions, according to Fitch Ratings Inc.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingNearly Half of All Young Adults Live With Mom and Dad — and They Like ItFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseStocks Fall as Yield
You don't have to give up big dividends if you like S&P 500 tech stocks. It's possible to get both.
(Bloomberg) -- Stocks dropped after the Federal Reserve signaled interest rates will be higher for longer and as traders awaited a Bank of England policy decision that hangs in the balance.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsCanada Pulls Diplomats, India Suspends Visas in Escalating FightPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalVegas’ Newest Resort Is a $3.7
Both PayPal (ticker: PYPL) and Block (SQ)-owned Square will have new chief executives in the coming weeks. While PayPal’s shift was part of a succession plan communicated to Wall Street earlier this year, Square’s transition was more sudden, with plans announced via a regulatory filing after this past Monday’s close. The onset of the pandemic led to a surge in e-commerce and contactless payments—areas where PayPal and Block operate—and aspirations well beyond their core competencies.
The company set out to design a silicon chip that would allow it to cut ties with Qualcomm, a longtime supplier and bitter foe.
(Bloomberg) -- Instacart, the US grocery-delivery giant that soared by as much as 43% in its trading debut Tuesday, has now wiped out virtually all of those gains as investors question its growth prospects.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsCanada Pulls Diplomats, India Suspends Visas in Escalating FightPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalVegas’ Newest
(Bloomberg) -- During a five-day tour of India earlier this month, Nvidia Corp. Chief Executive Officer Jensen Huang visited four cities, dined with tech executives and researchers, took numerous selfies, and sat for a one-on-one conversation with Prime Minister Narendra Modi about the AI sector. Huang’s India itinerary was so crammed that he confessed to surviving entire work days on spicy masala omelets and cold coffees.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newe
Brent crude futures, the international benchmark, have jumped over the past month to a recent $93 per barrel.
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