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MarketWatch - Business
CureVac’s stock soars on GSK’s $1.56 billion deal for its COVID-19 and flu vaccines
U.K. pharmaceutical giant GSK said the deal gives it the rights to develop, manufacture and commercialize messenger RNA-based candidate vaccines for flu and COVID-19. -
MarketWatch - Business
Annovis Bio’s stock rockets 76% after reporting positive data in Parkinson’s disease trial
The stock is on track for its best performance since May 21, 2021, when it gained 127%. -
MarketWatch - Business
Constellation Brands profit tops estimates and company backs guidance, offsetting slight sales miss
The brewer of Modelo Especial is still expecting sales to grow 6% to 7% in fiscal 2025. -
MarketWatch - Business
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said. -
CNBC - Business
10 things to watch in the stock market Wednesday after the S&P 500's record close
U.S. stock futures are little changed after the S&P closed above 5,500 for the first time on Tuesday. -
MarketWatch - Business
Nvidia client Northern Data’s stock cools after spike on report of possible U.S. IPO
Shares of Germany’s Northern Data fell 8% on Wednesday, one day after a surge on a report it may list its cloud computing and data center business in the U.S. -
MarketWatch - Business
Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls.
Chief market strategist Marko Kolanovic is leaving JPMorgan Chase & Co. following a 19-year stretch with the bank, according to a person at the investment bank who shared details from two internal memos with MarketWatch on Wednesday. -
MarketWatch - Business
Jeff Bezos aims to sell another $5 billion of Amazon stock, after earlier selling spree
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February. -
CNBC - Business
SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there
SoftBank shares have been boosted by the improved financial performance in the Vision Fund and by a rally in the stock of chip designer Arm. -
MarketWatch - Business
Sunak’s time at No. 10 saw decent U.K. stock market gains, but context is all
The FTSE 100 is higher during Sunak’s reign but has badly underperformed peers.United Kingdom -
The Guardian - World
UK stocks, sterling, bond prices rise as business calls for ‘fresh start’ under Labour – business live
TUC says Labour has ‘historic opportunity’ to ‘repair and rebuild Britain’ as Goldman Sachs raises UK growth forecasts. Labour wins UK general election as Keir Starmer says: ‘We did it! Change begins now’Housebuilders lead gains on FTSE 100 with ...United Kingdom -
CNBC - Business
Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK
As Labour takes power in the U.K., experts weigh in on whether the change in government will impact stocks, bonds, the British pound and property markets. -
CNBC - Business
We're taking some profits in our bank stocks after big runs and ahead of a tricky time
"The positions were built and forged in tougher times. I think they should be trimmed," Cramer said Friday. -
CNBC - Business
3 ways artificial intelligence could drive Microsoft stock past its record highs in 2024
Shares of the tech giant surged to an all-time high Friday. -
MarketWatch - Business
Nio’s stock hit hard as E.U. to charge China-based EV makers sharply higher duties
Nio’s stock pulled back sharply Friday in the wake of the European Union’s decision to impose higher tariffs on electric vehicles imported from China. -
Financial Times - World
Trump distances himself from right-wing ‘Project 2025’ policy blueprint
Conservative groups have outlined far-reaching overhaul of federal government should ex-president clinch second termDonald Trump -
Financial Times - World
Clash of clans: can the Democrats stay united if Biden is toppled?
The president brought together a party riven on class, age and racial issues. What happens if he goes?Joe Biden -
MarketWatch - Business
‘Any technology stock with an AI story is rising too far and too fast,’ this veteran trader warns
The market is in a huge tech-led bubble — but you’d be wrong to bet against it. -
MarketWatch - Business
Why stocks will be the best bet for your money if the Fed can’t get inflation down
Investing for retirement, college and other longer-term goals should favor stocks over bonds.Federal Reserve -
MarketWatch - Business
Tesla stock shows this curious pattern before and after earnings that you can trade
Shares typically decline during the two weeks ahead of earnings and gain over the following two weeks. -
The Wall Street Journal - World
Saks Fifth Avenue's parent company sealed a $2.65 billion deal to buy rival Neiman Marcus, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers.
Saks Fifth Avenue’s parent company sealed a $2.65 billion deal to buy rival Neiman Marcus, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers. -
Financial Times - World
Indonesia’s Prabowo sparks spending concerns with $28bn free school meals plan
Incoming president considers enlarged government and increased borrowing in break with predecessor Widodo -
Financial Times - World
FirstFT: Democratic governors back Biden
Also in today’s newsletter, a $2.65bn luxury department store deal and Goldman lobbies to change Fed’s stress test resultJoe Biden -
Financial Times - World
Belarus opposition calls for Brussels to protect stateless exiles
Also in this newsletter: How mafia organisations are infiltrating local governments in Italy