Articles

Eli Lilly to pay $3.2 billion in cash to buy this biotech with an IBD treatment

Morphic’s stock rocketed Monday, after the biopharmaceutical company announced an agreement to be acquired by Eli Lilly in a cash deal valued at about $3.2 billion.

These two market gauges will move your stocks more than how the economy is doing

Stock investors emphasize interest-rate trends and investor sentiment.

Tesla’s upcoming earnings report needs to divulge its AI plans and Nvidia’s role

AI mastery could cement Tesla’s lead in autonomous driving and beyond.

Nvidia’s stock is soaring largely thanks to Microsoft, Alphabet and tech’s other AI giants. That won’t last.

Companies are spending big to develop their own AI chips so they don’t have to keep paying Nvidia.

Oil prices move lower as Israel-Hamas cease-fire talks ease supply worries

Oil futures moved lower early Monday, slipping after Hamas over the weekend gave its initial approval of a U.S.-backed proposal for a phased cease-fire deal with Israel in Gaza.

Vista Outdoor rejects MNC Capital’s bid for company, backs CSG’s offer for ammunition business

The battle has been waged since last October when Vista announced it would separate its ammunition business from Revelyst, its outdoor-products business of golfing, fishing equipment and branded biking.

Three reasons bulls should be stoic in the face of legitimate stock-market worries

Ed Yardeni offers three important reasons why investors should be less worried.

‘This feels like a wild approach to estate planning’: My mother wants to leave everything to me — so I can take care of my feckless younger brother

“What are the tax and financial implications of receiving an estate and then passing on a large percentage of it to someone else?”

Bond yields edge higher with investors focused on inflation, election

Bond yields edged higher on Monday as investors prepared for vital inflation data later in the week.

Troubled Spanish pharma company Grifols says it may go private for $6 billion

Shares of Grifols were halted on Monday, following news the indebted Spanish blood plasma pharmaceutical company may go private.

Hedge funds pile into commodity sensitive stocks at fastest pace in five months: Goldman data

Hedge funds were net buyers of energy and materials stocks for the third week in a row, Goldman Sachs’ analysis shows

This $1.8 million Frank Lloyd Wright home in Kalamazoo, Mich., is a restored masterpiece

This Wright-designed Usonian-style home underwent an $800,000 restoration.
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