Nov 11, 2024 | Markets
The world’s largest gold-backed exchange traded fund recorded it biggest weekly outflow in more than two years last week as Donald Trump’s decisive election win prompted traders to book profits. SPDR Gold Shares (GLD) saw an outflow of over $1 billion, the largest...
Nov 11, 2024 | Markets
Company acquired drug as part of $8.7 billion Cerevel purchase Bristol jumps most in 18 years after competitor’s setback AbbVie Inc. shares fell the most in more than four years after two mid-stage trials of its drug to treat schizophrenia failed to meet their primary...
Nov 11, 2024 | Markets
The labor market is already cooling and the next president’s promises to slash spending and end green subsidies may add to the headwinds. Donald Trump will inherit, to all appearances, a solid economy when he assumes the presidency in January. After all, the stock...
Nov 10, 2024 | Markets
Watching policy steps on tax, deregulation and crypto Sees opportunities in luxury, energy, healthcare in Mideast The first two years under Donald Trump’s second term could be “quite impactful” if policy changes are made on tax, deregulation and crypto, according...
Nov 7, 2024 | Markets
Baidu Inc. is set to unveil a pair of glasses with a built-in AI assistant, putting up a Chinese rival to the Meta Ray-Bans that have proven a rare success in AI-powered hardware. China’s search leader and longtime investor in artificial intelligence plans to showcase...
