Novartis Shareholders Back Sandoz Spinoff with 99.7% Support
Novartis shareholders voted in favor of the spinoff of the Swiss pharmaceutical giant’s generic-drugs arm, Sandoz, during an extraordinary general meeting held on Friday. An
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Inflation Concerns: Central Bank of Russia to Raise Interest Rate
In a decisive move to combat mounting inflationary pressures, the Central Bank of Russia announced on Friday that it was raising its key interest rate
Arm Holdings Stock Rockets 25% Above Debut Price, What Next?
SoftBank Group’s technology investment arm, Arm Holdings, made a resounding entry into the public market on Thursday, with its stock surging nearly 25% above its
Arm Holding Soars in Nasdaq Debut, Valued at $65B
In a resounding testament to investor confidence, shares of Arm Holdings, a subsidiary of SoftBank, witnessed a meteoric rise before the bell on Friday following
US Stocks Open Lower, Failing to Sustain Previous Day’s Rally
US stocks opened Friday on a lower note, unable to extend the momentum from the previous day’s surge. The S&P 500 edged down by 0.3%,
Market Closing: Stocks Surge Amid Inflation and Retail Sales Data
Wall Street witnessed a remarkable surge in stocks on Thursday, fueled by a combination of robust retail sales and wholesale price inflation data, all while
Buffett’s Berkshire Trims HP Holdings, Sells 5.5M Shares
In a surprising move, Warren Buffett’s conglomerate, Berkshire Hathaway, announced the sale of 5.5 million shares of HP Inc. this week, marking a significant departure
Arm Storms Public Markets with $60B+ Valuation
British chipmaker Arm made a resounding entrance into the public markets on Thursday, igniting excitement among investors and analysts alike. The company’s shares surged, marking
Netflix Faces 2% Stock Decline Following CFO’s Comments
Netflix (NFLX) experienced a 2% decline in its stock value on Thursday, compounding a 5% decrease from the previous day. This decline followed remarks made
Game-Changing Tesla Innovation Redefines EV Production
In a groundbreaking move poised to revolutionize the electric vehicle (EV) industry, Tesla has amalgamated an innovation aimed at drastically reducing production costs. This development,
