Bill Gates the co-founder of Microsoft has been actively involved in investing for change to lessen the impact of climate change. Gates is doing this by investing in companies such as Quantumscape (NYSE: QS), whose objective is to develop solid state batteries for electric vehicles.
When Carl Icahn buys shares of stock, it's what is known as the “Icahn lift." This refers to the impact that the so-called "corporate raider" has on purchasing shares of an underlying company.
A Wall Street investor, who's his claim to fame was betting against subprime mortgages by using credit default swaps, appears to be bullish on equities in the gold sector.
Along with other large banks, Goldman Sachs Group Inc (NYSE: GS) is becoming less bullish on stocks in the near term, saying that markets have not yet factored in the possibility of a worldwide recession.
Trian Partners was founded in 2005 by activist investor Nelson Peltz, who has a history of buying up shares, securing board seats and orchestrating M&A deals.
The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio.
In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.
Conformis (NASDAQ: CFMS) has received 510(k) clearance from the U.S. Food and Drug Administration for its Actera Hip System.
Actera utilizes an advanced tri-taper femur stem design that facilitates direct anterior approach total hip arthroplasties, and provides an additional stem option to orthopedic surgeons.
The U.S. Food and Drug Administration (FDA) has granted orphan drug designation to Syros Pharmaceuticals (NASDAQ: SYRS) lead candidate SY-5609 for the treatment of pancreatic cancer.