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…
Trend-following quants are ‘mammoth’ stock buyers, says Nomura
By Sarah PonczekTrend-following funds have been at the forefront of the stock rally and are likely to drive further gains. So-called quant funds know as commodity trading advisers (CTAs) have been covering their short positions…
Cramer says the stock market is too optimistic…
CNBC's Jim Cramer said Wednesday that he thought some stocks were rallying too far too quickly given the high level of unemployment in the United States as the economy tries to pull out of the…
Here’s what happened to the stock market on…
People walk by the New York Stock Exchange (NYSE) on May 18, 2020 in New York City.Spencer Platt | Getty ImagesDow Jones Industrial Average rises 529 pointsReopening, vaccine hopes spark massive rally'Reopening' trade leads market…
Stock pick of the week: How the covid-induced…
[unable to retrieve full-text content]GSPL will be able to minimise the negative impact of Covid-19 disruptions with the resumption of operations by user industries after partial lifting of lockdown restrictions. Reasonable valuation is another factor…
Here’s what happened to the stock market on…
Dow Jones Industrial Average rises 60 pointsBiggest retail sales drop everU.S. monthly retail sales fell by 16.4% in April, a record. So-called core retail sales — which exclude auto, gas, food and building materials sales…
Rare art of moving ‘stock dealings’ into homes
MUMBAI: Not long ago, stock market dealers at brokerages were not allowed to step out of the trading room even for a two-minute tea break, and had to keep their personal phones outside – to…
Tesla shares are up more than 7% since…
Nora Tam | South China Morning Post | Getty ImagesAs of Friday's close, Tesla stock has risen 7.78% since Tesla CEO Elon Musk's tweet a week ago that the company's shares were priced "too high." Shares of Tesla closed…
Why the stock market is up even with…
A record number of Americans just lost their job, and yet stocks are moving higher. This seems paradoxical given the economic toll — to say nothing of the emotional toll — on millions of people…