Eli Lilly and Co posted a 41.5per cent rise in fourth-quarter profit on Friday, helped by higher demand for its diabetes drugs and a successful launch of its COVID-19 antibody treatment.
KUALA LUMPUR: Malaysian retail investors joined forces on social media and pushed up stocks of under-pressure rubber glove makers on Friday (Jan 29), taking inspiration from the recent GameStop trading phenomenon in the US. Shares of the US video game shop chain surged from less than US$20 to a...
Bitcoin jumped as much as 11per cent on Friday, touching its highest for 10 days, with traders citing a move by Tesla Inc chief Elon Musk tagging the cryptocurrency in his Twitter biography.
Investor cash continued to pour into stocks last week amid a retail trading frenzy that saw shares in GameStop soar over 2,500per cent year-to-date at one point, BofA's weekly flow data showed on Friday.
Bitcoin jumped as much as 11per cent on Friday, touching its highest for 10 days, with traders citing a move by Tesla Inc chief Elon Musk tagging the cryptocurrency in his Twitter biography.
"Stocks only go up", concludes a video montage of televangelists, dancing Ghanaian pallbearers, and Donald Trump's personal pastor repeatedly saying she can hear the "sound of victory".
Shares of videogame retailer GameStop Corp and headphone maker Koss Corp doubled in early premarket trading on Friday as amateur traders returned a day after online brokerage apps, including Robinhood, imposed buying restrictions on the stocks.
LONDON: London Stock Exchange said on Friday that it had completed its US$27 billion deal to buy data provider Refinitiv. "This transformational transaction brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy, working in partnership ...
TOKYO: Japan's Olympic sponsors are scaling back advertising campaigns and delaying marketing events for this year's Summer Games, concerned that public sentiment toward the event is souring amid a fresh wave of COVID-19. Sponsors also worry that organisers have not told them what contingency ...
GameStop and AMC Entertainment Holdings remained overwhelmingly favored stocks on Reddit's top trading forum on Thursday, even as they and other companies at the core of a retail trader frenzy plummeted after online brokerages imposed trading restrictions.
