Market News

Hedge fund Elliott has built a position in Sumitomo, joining Berkshire Hathaway. The trading firm's shares are up 10% this week.

Sales of popular weight loss drug Wegovy more than doubled to 9.38 billion kroner.

UniSuper, one of Australia's largest pension funds, said it expects bond yields to keep increasing as inflation lingers.

In its meeting on 30 April, the board of Sebi approved the proposal to reduce the minimum ticket size for privately placed listed bonds to only Rs10,000 from Rs1 lakh earlier. Let us understand why it was done and what i...

Australia's second-largest lender by market capitalization reported a 12% decline in half-year net profit and announced it will increase its share buyback by $980 million.

Fed Chair Powell's remarks this week have renewed the focus on economic data.

Stanley Black & Decker turned in another solid quarter of execution on matters within management's control.

We're maintaining our 4 rating as we consider our next steps.

The pullback in Linde shares Thursday is giving us a chance to buy back stock we sold at higher prices in late March.

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Regulators ended an investigation into bets that Barry Diller and others made on Activision Blizzard before the videogame company agreed to be acquired by Microsoft.

Cost cuts and bet on physical stores should pay off.

Open AI-founded chatbot tells investors with a high risk appetite to opt for cryptos since the market is highly speculative and volatile. The popular options are bitcoin, Ethereum and other altcoins.

Exactly two months before the expiry of the deadline for nominating a nominee for mutual fund folios, Sebi made the process optional for investors who hold accounts in joint mutual fund folios

The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.

Inflation and deficits are lifting yields and jarring the stock market.

Whatever premium-payout combination one designs, the point remains that the IRR in traditional life insurance plans tends to be poor.

Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.

Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.

Embraer's potential venture into 737-sized commercial planes highlights how even companies in a global duopoly must innovate to survive. It is a useful lesson for investors in most industries.

In terms of number of transactions, the figure declined to 13.30 billion in April from 13.44 billion in the preceding month

Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.