Yahoo Finance Dow Jones Biotech Amgen, MercadoLibre, Ferrari Hold Up In Shaken Market
Dow Jones biotech giant Amgen, along with MercadoLibre, Ferrari and Lennar, are in or near buy zones in today's stock market sell-off.
Dow Jones biotech giant Amgen, along with MercadoLibre, Ferrari and Lennar, are in or near buy zones in today's stock market sell-off.
The latest investor updates on stocks that are trending on Thursday.
A Thai court on Thursday summoned a former military commander and issued arrest warrants for six retired senior security personnel after their no-show at a hearing in a criminal lawsuit over the deaths two decades ago of 85 Muslim protesters. Those implicated in the case are accused of murder and unlawful detention over their mishandling of a 2004 demonstration in the town of Tak Bai, when seven protesters were killed by gunfire and 78 more were crushed or suffocated to death while piled on top each other in army trucks. The high-profile incident in Narathiwat province near Malaysia dogged then Prime Minister Thaksin Shinawatra and the case implicates his former regional army commander Pisan Wattanawongkiri, who is now a lawmaker for the Thaksin-backed ruling Pheu Thai Party.
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A public inquiry into how Lucy Letby was able to murder babies at a neo-natal unit over a two-year period is taking place
The tech entrepreneur was pictured stepping out of the Dragon spacecraft, as he bids to venture further than anyone since Nasa's Apollo Moon missions.
Polaris Dawn astronauts Jared Isaacman and Sarah Gillis have successfully exited the confines of their Crew Dragon vehicle to perform the first ever commercial spacewalk on September 12.
All eyes are on the Federal Reserve as it prepares to cut interest rates amid a cooling labor market and falling inflation/ In this episode of Stocks In Translation, Yahoo Finance’s senior reporter Alexandra Canal and Yahoo Finance producer Sydnee Fried are joined by Deutsche Bank chief US economist Matthew Luzetti as they break down rate cuts, labor report revisions, and how they all affect the US economy. When speaking to the downward revision trends in the jobs report and the uncertainty they may cause, Luzetti says, “I think it is confirmation of a softening trend in the labor market data.” “Again, I don't think it's bad enough… to make you think that recession is the most likely outcome, but it’s certainly confirmation that... the labor market is weakening.” In terms of identifying when “long and variable lags” of when rate cuts will take effect, “a lot of it is already becoming reflected. We've seen mortgage rates come down pretty substantially,” Luzzetti adds. “They're communicating to the market upfront. The market's pricing that in a little bit earlier and it gets reflected in the interest rates that people care about earlier.” Find more episodes of Stocks in Translation here. This post was written by John Tejada.
Chinese leader Xi Jinping will visit Russia next month for a summit of the BRICS bloc of developing economies, China's Foreign Minister Wang Yi confirmed Thursday, a move that comes as Moscow and Beijing seek to counter the West’s global influence. Xi's visit to Russia will be his second since the Kremlin sent troops into Ukraine in February 2022.
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Key Insights Significantly high institutional ownership implies Kraft Heinz's stock price is sensitive to their trading...
Most people 50 and older who use cannabis do so at least once a month, saying it helps them sleep and eases pain, a new survey found.
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General Motors and Hyundai will explore a potential collaboration to develop vehicles, improve supply chains and advance clean-energy technology. The automakers said Thursday that they will attempt to lower costs and bring a wider range of vehicles to customers more quickly. In addition to possible partnerships to produce passenger and commercial vehicles, including combustion engines as well as electric and hydrogen technologies, the companies will pursue opportunities for combined sourcing in battery raw materials, steel and other areas.
"I always wanted to work with you. I just didn't think I'd be naked while we're doing it," a guest actor told Underwood on the set of the Starz limited series.
Geotab Inc. (Geotab), Kia Corporation (Kia), and 42dot have signed a Memorandum of Understanding (MOU), initiating a global connected vehicle partnership. This strategic collaboration will integrate advanced data solutions with enhanced in-vehicle technology to deliver innovative systems that support safety, sustainability, and efficiency for fleets worldwide.