Novartis (NVS) just secured one of those FDA approvals that makes Wall Street sit up straighter and actuaries reach for stronger coffee, as regulators cleared Itvisma, a one-time gene replacement therapy for spinal muscular atrophy (SMA) in patients two years and older,…
Amazon (AMZN) is teeing up a $50 billion bet that the best way to win Washington’s AI future is to own the real estate, the power, and the silicon underneath it.
A new Beltway company town
In a move that would make…
Wall Street shook off its November sulk on Monday, with the major benchmarks staging a rate-cut–hope rally that looked suspiciously like early Christmas cheer delivered by central bankers rather than Santa. The S&P 500 climbed about 1.55% to roughly 6,705.12, the Dow…
Large caps took a hit this week with the Dow 30 ending at 46,245.41, -1.9% & the S&P 500 closed at 6,602.99 equally off 1.9%. The high-beta tech kept the Nasdaq on the defensive for most of the week and fell 2.7%…
Nokia (NOK) is swinging for the AI fences—and this time, the pitch is a $4 billion fastball aimed straight at America's technological heartland. In a move that could make even Wall Street’s quants spit out their cold brew, the Finnish telecom stalwart announced…
Goldman Sachs has sounded the alarm bells, projecting that nearly $40 billion could be offloaded by trend-following hedge funds in global equities next week, after the S&P 500 dipped beneath the closely watched 6,725 level and closed at 6,642 on Wednesday. For…
In the end, Thursday looked like a market attempting to renegotiate its relationship with AI, tariffs and the Fed all at once—discovering, not for the first time, that even in an age of algorithms and GLP‑1s, gravity still has a vote.
Indexes…
In a week where global CEOs descended on Washington, sharing canapés and quips at the U.S.-Saudi Arabia investment forum, two industry titans—Elon Musk (SpaceX, Tesla, xAI) and Jensen Huang (Nvidia)—took the stage to debate the trajectory of technology, wealth, and, for the…
Nvidia (NVDA) CEO Jensen Huang has delivered a masterclass in corporate optimism, dismissing AI bubble fears with the kind of swagger usually reserved for Silicon Valley’s most confident CEOs. In a recent earnings call that sent shares soaring yesterday after the close,…
Abbott Laboratories (ABT) is making headlines with its latest $21 billion cash deal to acquire Exact Sciences (EXAS), a move that not only sends ripples through the diagnostics world but also gives Wall Street’s quants and humorists some fresh material for dinner…
