Benzinga just announced $3 million in new funding led by WorldQuant Ventures, LLC. That’s a huge accomplishment for the relatively small Benzinga team. In the past couple of years that I’ve contributed to Benzinga, I can honestly say that I couldn’t have possibly been treated better. I can’t speak for the entire company, but the…
Wells Fargo & Co (NYSE:WFC) has been hit hard by the fallout from the company’s fraudulent accounting scandal. Warren Buffett first took a stake in WFC stock way back in the 1990s. Today, his firm Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B) owns a staggering 479.7 million shares of Wells Fargo, worth around $22 billion.
Alibaba Group Holding Ltd (NYSE:BABA) shares have been on quite a run so far in 2016. In fact, this month shares surged above $100 for the first time in over a year.
The stocks of pharmaceutical companies often trade in sympathy with one another. It’s common for companies working on similar and/or competing drugs to trade in tandem or inversely when one company gets major news about one of its drug candidates. For example, if a drug candidate gets rejected by the FDA, shares of a drug…
Hedge fund manager the Rev. Emmanuel Lemelson believes today’s drug pricing controversies have come about as a result of the economic policies that have been in place over the past decade. Lemelson believes drug prices are currently in a bubble just like any other economic bubble.
Several weeks ago, Facebook Inc FB posted on its “Advertiser Help Center” that the company has repeatedly miscalculated a key advertising metric called “Average Duration of Video Viewed.”
Last night’s presidential debate drew a massive audience of November voters. A number of Americans took to Twitter Inc TWTR to comment on the debate in real time using hashtags such as #debatenight. Here’s a look at 12 of the best tweets of the night.
Following Monday’s presidential debate, many traders are now more uncertain than ever which candidate will be the next president and what that will mean for the economy and the stock market. With the November elections just weeks away, now may be the perfect time to try to “election-proof” your portfolio.
U.S. GDP growth in Q3 is on pace to come in at around +3.0 percent, suggesting that the economy is extremely strong headed into the end of the year. Unfortunately, Morgan Stanley analyst Ellen Zentner believes that 3.0 percent Q3 growth doesn’t paint an accurate picture of the economy’s most recent turn.
With October fast approaching, market analysts are turning their attention to the holiday shopping season to look for early indications of which trends will be the most popular among consumers this year. The latest data from TickerTags indicates that leather could be a big trend in the fashion world this holiday season.