Tag: Investment strategy
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Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
Employers have grappled with soaring demand for GLP-1 drugs such as Ozempic and Wegovy, which can cost thousands of dollars per patient annually.
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The Nasdaq just did something it’s done just 17 prior times in its history
Tuesday’s rally was historic for several reasons.
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Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Bank of America was among the prime brokers for the hedge fund, which is run by Leopold Aschenbrenner.
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We’re adding to our position in a chipmaker as the AI trade regains its footing
The stock is still well below levels it traded at last month after earnings.
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Here are Wednesday’s biggest analyst calls: SpaceX, Nvidia, Apple, AMD, Pinterest, Arista Networks & more
Here are the biggest calls on Wall Street on Wednesday.
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SpaceX’s spending surge, the S&P 500’s new record, Chipotle’s salmonella scare and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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AMD to outperform despite post-earnings slide, Wall Street analysts say
Advanced Micro Devices’ shares traded lower after its strong second-quarter earnings report, but the stock should have more room to run, per several analysts.
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Ken Griffin’s Citadel posts best month in years after scooping up Situational Awareness stocks
The July gains came after Citadel acquired the bulk of the public-stock portfolio formerly held by Situational Awareness late last month.
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SpaceX is falling after posting first earnings report since IPO. What the biggest Wall Street firms are saying
The Elon Musk-led rocket company posted a loss of 9 cents per share for the second quarter, beating the 26 cents per share loss expected by LSEG.
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Circle names BlackRock, Visa and others as initial Arc partners, signaling early institutional backing
Circle on Wednesday revealed the initial group of partners that will help run the company’s new Arc blockchain.
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