Along with the rest of the market, Novo Nordisk (NYSE:NVO) has been sinking this year – with losses approaching 30% year-to-date. The skid for the Danish biopharma company started awhile back, and the company’s share price has lost over half its value since reaching a peak last summer.
The appetite for the company’s injectable GLP-1 obesity drug,
Warren Buffett regularly provides investing wisdom through his annual letters to Berkshire Hathaway shareholders, his TV interviews, and through the occasional newspaper editorial. And as you might expect from someone who has an outstanding track record of beating the market during stock market downturns, many of Buffett’s quotes are excellent advice to use during corrections like the one we’re in now.
» Read more about: These 5 Warren Buffett Quotes Belong in Your Stock Market Correction Playbook »
Don’t let its recent heroic run-up fool you. This consumer staples stock still has plenty of long-term upside left to dish out.
Worried about the market’s foreseeable future? If so, you’re not alone. The S&P 500 (^GSPC 0.74%) is down on the order of 16% from February’s high on concerns that recently imposed U.S.
» Read more about: This Ridiculously Cheap Warren Buffett Stock Could Make You Richer »
With the market in turmoil, each day brings a fresh wave of investing decisions. The market is making its way back up from lows, avoiding a full-on crash — for the time being, at least.
In these kinds of times, investors typically avoid younger growth stocks and flock toward safe stocks.
» Read more about: 2 Growth Stocks Wall Street Might Be Sleeping on, but I'm Not »
Spot Bitcoin exchange-traded funds (ETF) in the United States saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks.
On April 25, the 11 spot Bitcoin (BTC) ETFs saw $380 million in inflows, bringing the total for the week to around $3.06 billion over five consecutive inflow days,
» Read more about: Bitcoin ETFs on $3B ‘bender,’ notch first full inflow week in 5 weeks »
Investing
Meta and Microsoft have room for dividend growth, but is the right answer as the AI boom clashes with the era of Trump tariffs?
Over 4 Million Americans set to retire this year.
» Read more about: Should Microsoft and Meta Share More Wealth and Pay Investors Larger Dividends? »
Tesla’s (TSLA) Q1 earnings landed with a thud, and Wall Street isn’t sugarcoating it. Revenue slid 9% year-over-year to $19.3 billion. The EV giant’s net income plunged 80% to just $409 million. That Q1 miss, paired with growing tariff risks, has analysts racing to slash price targets and recalibrate expectations.
CFRA Research led the charge.
A solid Wall Street week ended with gains for stocks as a rally in the market’s most-influential group offset conflicting signals about progress in President Donald Trump’s trade negotiations. Bonds and the dollar rose.
The surge in megacaps sent the S&P 500 above 5,500, with the gauge notching its longest advance since January.
» Read more about: S&P 500 posts longest winning run since January »
Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Constellation Energy Corporation (CEG – Research Report) and Fluence Energy (FLNC – Research Report).
Constellation Energy Corporation (CEG)
Bank of America Securities analyst Ross Fowler maintained a Buy rating on Constellation Energy Corporation today.
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Big Tech stocks carried Wall Street Friday to the close of a winning, roller-coaster week, one that saw markets swing from fear to relief and back to caution because of President Donald Trump’s trade war.
» Read more about: Big Tech carries Wall Street to the close of its winning, roller-coaster week »