Stocks
Why the prognosis for healthcare stocks is uncertain ahead of Congress’ new makeup
Healthcare stocks may struggle to gain momentum as Democrats prepare to take control of Congress. Jared Holz, Mizuho’s healthcare specialist, expects legislative gridlock to...
Stocks
Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline
Berkshire Hathaway repurchased $9.6 billion of its own shares in the third quarter, more than double the $4.5 billion bought back in the previous...
Stocks
Democrat shaping AI policy bought chip stocks despite backing congressional trading ban
Representative Josh Gottheimer, a New Jersey Democrat helping shape his party’s artificial intelligence agenda, disclosed new purchases of AI-linked stocks months after voting for...
Stocks
The AI trade is now counting on Anthropic’s IPO — but it couldn’t be happening at a worse time
Investors are beginning to make their artificial intelligence trades dependent on Anthropic’s initial public offering. However, the ongoing technology selloff is forcing them to...
Stocks
Anthropic’s breakneck rise: What to know before the IPO
Anthropic was founded in 2021 by seven former OpenAI employees, initially operating under the radar as a research lab. The company is now poised...
Stocks
Anthropic IPO meets AI backlash after midterms show stinging rebuke of data centers
Anthropic is preparing a potentially historic Nasdaq IPO, likely for mid-November, with investors targeting a valuation of $1 trillion to $1.5 trillion. Tuesday’s midterm...
Stocks
These five stock groups could rally after Democrats’ midterms sweep, analysts say
Democrats’ victory in the November midterms gave them seven Senate seats and more than 40 House seats. Wall Street analysts highlighted drone and battery...
Stocks
Berkshire shares surge as Wall Street swoons amid AI fears
Berkshire Hathaway shares rose more than 5% this week, while the S&P 500 fell 2.7% and the Nasdaq Composite dropped 3.4% amid fears over...