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Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets

Week in markets: quiet week, Q1 earnings positive, S&P 500 and Dow Jones up, utilities sector stands out, job market and inflation concerns, interest rate cuts expected. Buffett reduces Apple stake, Apple unveils new iPads, Tesla cuts jobs in China, Pfizer settles lawsuits.

AAPL

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Jim Simons ‘The Man Who Solved The Market’ Sold 3 Healthcare Dividend Payers, But Upped Stake In This One By 153%

Jim Simons is the founder and hedge fund manager of Renaissance Technologies, which currently has a total portfolio value north of $77 billion, per Stock Circle. This hedge fund uses a quantitative strategy in determining its stock trades.

GILD