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Nov 15 2024POLITICS

Health Stocks Shake After Trump's Surprising Health Pick

When President-elect Donald Trump chose Robert F. Kennedy Jr. to lead the Department of Health and Human Services, health stocks took a dive. Kennedy is known for his skepticism about vaccines, which worried investors. Companies making vaccines, like France's Sanofi and London-listed GSK, saw their

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Nov 15 2024FINANCE

Market Moves: Euro Stocks Rise, Burberry Surges, and Inflation Talks Continue

Early Thursday, European markets saw a modest rise as investors analyzed global inflation and potential rate cut moves by central banks. The Stoxx 600 index was up a bit, with sectors showing mixed results. Telecom stocks led the gains, while household goods dipped. Burberry's shares shot up by 13%

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Nov 15 2024BUSINESS

Hedge Fund Shifts Focus: Tesla Up, Tech Giants Down

Dan Loeb's hedge fund, Third Point, rearranged its investments in the third quarter, with a notable move into Tesla. They opened a $105 million stake in the electric vehicle company, which saw its shares surge by over 32% during the period. This increase can be linked to investors' optimism about Te

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Nov 14 2024FINANCE

Stocks on Edge: Uncertainty Before Key Data

On Tuesday, investors got worried that some stocks were getting too expensive. This is called a stock market "bubble. " These stocks, often riskier ones, had gone up a lot after Donald Trump was elected president. But before important US economic data was released on Wednesday, some of these stocks

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Nov 14 2024SCIENCE

What's Next for Animal Health in Hot Zones?

Fifty-five years ago, a journal was born with a mission to improve animal health and production in hot regions. This journal, let's call it "Tropical Livestock Health, " focuses on original research and observations that can boost livestock health and productivity. It's in line with the United Natio

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Nov 13 2024BUSINESS

Tech Stocks in China's Shadow: What's Next?

Tech companies heavily relying on Chinese manufacturing might face tough times if Donald Trump's trade policies intensify. With Trump's reelection, U. S. -China trade tensions could escalate, potentially hurting businesses with significant exposure to Chinese suppliers. Trump proposed universal tari

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Nov 12 2024FINANCE

Exploring Stock Prices and Trading Activity with a New Model Twist

Have you ever wondered how well stock prices and trading volume can be analyzed together? Scientists have come up with a tweaked version of an existing model, called the Barndorff-Nielsen and Shephard stochastic volatility model. Instead of trying to figure out instantaneous variance, which is hard

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Nov 12 2024BUSINESS

Bitcoin Buying Spree: MicroStrategy's Big Bet on Crypto

In the days following the U. S. presidential election, Bitcoin has seen a significant surge. This is partly due to promises made by President-elect Donald Trump to support cryptocurrency. One major player in this space is MicroStrategy, which has been on a Bitcoin buying spree. In early November, M

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Nov 12 2024BUSINESS

AI Tech Boom: Software Giants Steal the Show

After a long wait, a top tech fund manager is spotlighting his favorite picks in the tech sector. Tony Wang, the wizard behind T. Rowe Price's science and technology strategy, sees a thrilling shift happening. He believes companies are now focusing more on software and app developers who are busy la

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Nov 11 2024FINANCE

Bitcoin Hits New High, Stocks Mixed as China's Stimulus Disappoints

Bitcoin broke records, jumping over $82, 000 on Monday. This comes after the digital coin's rally, fueled by former President Donald Trump's pro-crypto stance. Meanwhile, European markets surged, catching up with last week's Wall Street rally. The DAX in Germany rose 1. 2%, while the CAC 40 in Franc

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