Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »Stock futures are flying in overnight trading as the S&P 500 inches closer to record
A pedestrian pass for the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Stock futures were flat on Monday in the stock market as the S&P 500 again failed to reach a record high, set a level before the coronavirus crisis hit. Futures on the Dow Jones …
Read More »Sanofi Buys Principia for $ 3.7 billion. Both front runs.
Text size Sanofi is limiting its focus on drug development, stopping its diabetes and cardiovascular research. Joel Saget / AFP via Getty Images French pharmaceutical giant Sanofi is digging into the cash it raised earlier this year with the sale of its $ 11.7 billion stake in Regeneron Pharmaceuticals, the …
Read More »Goldman Increases S&P 500 Target by 20% as Strategists Catch Up
Stock market today: Dow, S&P Live updates for August 17, 2020
European stocks slipped at the start of trading on Monday amid a retreat in travel stocks. Chinese shares gained after the central bank boosted liquidity in the financial system. S&P 500 futures pointed to a positive open in the US day, while the dollar weakened against most of its peers. …
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