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Almost half of all US households’ financial assets are tied to public stocks, a near-record high, according to recent Federal Reserve data.
The market appeared yawn-inducing at the broad index level, but there was a flurry of activity under the hood.
The top 10 stocks have reached a weight not seen since the 1970s, with their market cap accounting for about one-third of the entire index.
The 50 companies with the biggest pandemic-era gains have collectively lost $1.5 trillion in market value since the close of 2020.
In an era when seemingly every tech company is vying to win the AI race, power has become the name of the game.
A loophole lets the company create a back-door offering of a generic drug before the patents of Novo Nordisk and Eli Lilly expire.
A rare social media appearance by a well-known daytrader boosted GameStop and other stocks that gained popularity during the 2021 craze.
UK stocks have been outperforming US stocks on a broad index-based level for the past seven weeks, but this isn’t a case of a UK renaissance.
Shares are at a 15-month low amid a pile-up of bad news, as analysts call for a course correction, and production woes continue to mount.
Persistent optimism about an economic soft landing has buoyed investors’ hopes about companies of all sizes.