AstraZeneca Flirts With A Breakout After Cancer Drug Sales Shine; Sanofi, Bristol Stocks Diverge
AstraZeneca stock bolted higher Thursday — and is now within striking distance of a breakout — after its cancer drugs propelled a sales beat.
The billionaire hedge fund legend has set his sights on a new investment
Elon Musk had another post go viral on his platform, X, with this one eliciting more laughs than controversy. Taking a screenshot from the rule page of the game of Monopoly, about how "the bank never goes bankrupt" as the "banker may also issue ‘new' money," Elon Musk reposted it with the added caption "how the Federal Reserve works." Don't Miss: Startup behind ‘the #1 free contractor app' grows 162% YoY, opens its doors for investors at a $100 minimum. Invest in time-tested solution that aims t
Bill Gates sold off a sizeable chunk of his portfolio last quarter, which could be seen as another bearish signal for the stock market and a move that mirrors Warren Buffett's recent decisions. Gates has reduced his position by an estimated $1.7 ...
Berkshire's collective cost basis in Apple, Chevron, Coca-Cola, American Express, and Occidental Petroleum is around $63 billion. The Oracle of Omaha has spent $77 billion alone buying shares of his favorite stock.
Lesser-known small-cap stocks took part in the meme craze this week, outperforming flagship names.
This stock is cheaper than Nvidia, has more growth potential, and will also grow as Nvidia's most critical supplier.
Although this company has consistently raised its dividend, it may not be ideal for income-focused investors for one reason.
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A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Market strategists who track historical trends say stocks tend to build momentum when recovering from similar-sized pullbacks, often continuing to rally even after making up lost ground. Past rebounds in the S&P 500 from 5% pullbacks have been followed by a median gain of 17.4%, said Keith Lerner, co-chief investment officer at Truist Advisory Services.
This dividend payer is drastically reducing its payments because it needs money to fix its business.