Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Tech ‘rollover’ is a major buying opportunity: Oppenheimer’s…
One top strategist is calling the tech slump a major buying opportunity.According to Oppenheimer Asset Management's John Stoltzfus, the group will rebound because it plays a key role in the economy's reopening. He cites the…
A major Chinese bitcoin mining hub is shutting…
A visual representation of the cryptocurrency bitcoin.S3studio | Getty ImagesGUANGZHOU, China — China's Inner Mongolia region plans to ban new cryptocurrency mining projects and shut down existing activity in a bid to cut down on…
Treasury Secretary Janet Yellen makes push for major…
Treasury Secretary Janet Yellen on Thursday said a large stimulus package is still necessary to get the economy back to full strength, despite momentum suggesting that growth is off to a faster start than anticipated…
Bitcoin hits a record high of nearly $50,000…
Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future.Artur Widak | NurPhoto | Getty ImagesBitcoin's…
Disney says its ‘primary focus’ for entertainment is…
Disney is restructuring its media and entertainment divisions, as streaming becomes the most important facet of the company's media business.On Monday, the company revealed that in order to further accelerate its direct-to-consumer strategy, it would…
Apple CEO Tim Cook receives first major stock…
Tim Cook, chief executive officer of Apple, in Sun Valley, Idaho, United States, on July 12, 2019.Patrick T. Fallon | Bloomberg | Getty ImagesApple CEO Tim Cook received his largest stock grant since 2011, which…
Monday’s US market selloff not beginning of something…
Do not buy indiscriminately. On a fundamental basis, companies with good balance sheets are the way to go, says Santosh Rao, Partner & Head of Research.Let me start off with the kind of accelerated selling…
CEO of major Asian bank says ‘a big,…
The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back relief measures — and banks could experience "far more damage" to their balance sheets, said Piyush Gupta, group chief…