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…
A federal agency warns Tesla tests unfinished driverless…
A Tesla Model S car equipped with AutopilotDavid Paul Morris | Bloomberg | Getty ImagesA federal agency is calling for tougher requirements on testing autonomous driving, and the proposed changes could eventually force Tesla to…
China sets 2021 GDP growth target of more…
Chinese President Xi Jinping, left, and Premier Li Keqiang, right, applaud during the opening session of the Chinese People's Political Consultative Conference at the Great Hall of the People on March 4, 2021 in Beijing,…
Biden warns China is going to ‘eat our…
President of China, Xi Jinping.SeongJoon Cho | Bloomberg | Getty ImagesWASHINGTON — President Joe Biden warned lawmakers Thursday that China is aggressively outpacing the United States on infrastructure."They're investing a lot of money, they're investing…
Reddit rebellion is ‘another epic parabolic bubble’ that…
Investor Peter Boockvar is calling the Reddit rebellion "another epic parabolic bubble."In a research note out this week, he warns the mania into trades from GameStop to American Airlines will ultimately go bust."Let's break down the…
The stock market frenzy feels like 1999 dot-com…
Billionaire global investor Barry Sternlicht said Thursday he's concerned about the long-term viability of current conditions in the stock market, warning that some aspects feel reminiscent of the dot-com bubble in the 1990s."I don't think…
Looks like a ‘double top’ in the S&P…
The S&P 500 is forming a "double top" going into the U.S. election, which is a worrying sign for investors, according to veteran investor Mark Mobius.A double top is a bearish technical indicator, where an…
As long-term Treasury yields rise, investor Peter Boockvar…
Investor Peter Boockvar believes Wall Street is on the cusp of taking inflation more seriously.With the 10-year and 30-year Treasury Note yields trading around four-month highs, the Bleakley Advisory Group chief investment officer warns high…
Market volatility is set to swell after Election…
September's early volatility may be no match for what comes after the presidential election.Wells Fargo Securities' Michael Schumacher notes volatility is set to jump following the results — not recede."Normally, you might think that it's Election…