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Amgen Stock Surges To 10-Month High, Up 5% On An Unexpected Upgrade

Jennifer DuBois -
Amgen (AMGN) stock snagged an upgrade Wednesday and surged to a 10-month high as one analyst examined the biotech behemoth's post-Horizon future. X Leerink Partners...
Business

Stocks rise as all eyes turn to inflation data: Stock market news today

Jennifer DuBois -
US stocks regained momentum on Wednesday, as investors assessed hotter-than-expected inflation data and prepared for more on Thursday while looking to Federal Reserve...
Business

Nutanix Rally Keeps On Going As CEO Targets Rival VMware

Jennifer DuBois -
Nutanix (NTNX) continued its October run on Wednesday, with NTNX stock now up some 48% in 2023. Analysts have noted Nutanix stock gains...
Business

The EU’s Threats to Elon Musk Are Empty, Sources Say

Jennifer DuBois -
Penfrat is worried about political overreach—he agrees that disinformation on X is a problem. There is no legal obligation for platforms to respond...
Business

A Graphic Hamas Video Donald Trump Jr. Shared on X Is Actually Real, Research Confirms

Jennifer DuBois -
Yesterday afternoon, Donald Trump Jr. posted a graphic video to X (formerly Twitter) that purported to show Hamas fighters murdering Israeli citizens during...
Business

The Fed May Be Done; What It Means For Treasury Yields And Stocks

Jennifer DuBois -
A second hawkish Federal Reserve policymaker said Wednesday that he's rethinking the need for more rate hikes amid the surge in the 10-year...
Business

‘I Was Terrified.’ Ellison Found Out About Large Customer Withdrawals in Signal Chat

Jennifer DuBois -
Caroline Ellison described a Signal group chat between her, FTX founder Sam Bankman-Fried and FTX’s former director of engineering Nishad Singh days before...
Business

Stocks waver after inflation data surprise, Fed minutes: Stock market news today

Jennifer DuBois -
US stocks lost momentum on Wednesday, as investors assessed hotter-than-expected wholesale inflation data and looked to Federal Reserve minutes for a window into...
Business

OPEC’s Greatest Opponent Is Disappearing, Shale CEO Warns

Jennifer DuBois -
(Bloomberg) -- The independent shale drillers that undermined OPEC’s decades-long grip on global oil markets soon will be a thing of the past...
Business

Biden borrowing binge driving ‘unsustainable’ rise in global debts, warns IMF

Jennifer DuBois -
Joe Biden’s borrowing binge has put global debt on an unsustainable path, the International Monetary Fund has warned.The Fund said the US and...
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