Cathie Wood says Elon Musk will succeed in his audit of the federal government because he has ‘more proprietary data’ than anyone
Wood said Musk understands the world is at “the threshold of a convergence among many technologies."
Impossible Burger Moves a Step Closer to Sales in Key EU Market
(Bloomberg) -- Impossible Foods Inc. obtained a second food-safety clearance in the European Union, bringing the company closer to selling its plant-based burger in the world’s biggest market for alternative meats.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe Europ
Solid US retail sales in October underscore economy's resilience
WASHINGTON (Reuters) -U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods, suggesting the economy kicked off the fourth quarter on a strong note. The fairly upbeat sales report on Friday, which was accompanied by sharp upward revisions to September's data, together with news of a rebound in import prices last month, prompted traders to pare back expectations that the Federal Reserve would cut interest rates in December. Fed Chair Jerome Powell said on Thursday "the economy is not sending any signals that we need to be in a hurry to lower rates."
FDA approval of BioIntelliSense’s patient monitoring system signals major progress in remote patient monitoring market
RPM devices are poised to become a cornerstone of healthcare for patients around the globe.
Two small countries bet on Bitcoin—and it’s paying off big time
Bhutan and El Salvador have seen their Bitcoin holdings soar beyond $1 billion and $500 million, respectively.
Gold Faces Worst Week Since 2021 as Fed Signals No Rate-Cut Rush
(Bloomberg) -- Gold traded near a two-month low, on course for its worst week since June 2021 as traders wind back expectations for a Federal Reserve interest-rate cut next month.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsBullion has fallen six days in a row and is
AC Immune’s stock jumps after Parkinson’s therapy shows signs of benefit
AC Immune’s Phase II trial showed an increase in anti-a-syn antibodies following treatment with the Parkinson’s disease vaccine like therapy.
Why Has Warren Buffett Been Selling So Much Stock?
Warren Buffett is stockpiling cash. His Berkshire Hathaway holding company continued to sell more than it bought in the third quarter when it offloaded a quarter of its stake in Apple, regulatory filings revealed Thursday.
Whole Foods Market is prepping for three store openings in December
Two of the locations will be in the Northeast and a third is in Florida
Palantir shares rally to fresh record on plans for move to Nasdaq
Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record high, after it announced late on Thursday that it would list on the Nasdaq and expects eligibility to join the Nasdaq 100 index. The data analytics software company said it would switch its stock listing from the New York Stock Exchange and begin trading on Nasdaq on Nov. 26. If it is included in the Nasdaq 100 index, this would mean that "anyone who uses the Nasdaq index as their benchmark will have to buy PLTR," said Kenny Polcari, Chief Market Strategist for SlateStone Wealth in a research note.