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El-Erian Says Cash on Sidelines Is Minimizing Bond Market Losses
(Bloomberg) -- Investors are using their massive cash piles to lock in attractive yields in global bond markets, helping to limit losses in the...
Berkshire Hathaway’s Jain Sells Over Half of His Class A Shares
(Bloomberg) -- Berkshire Hathaway Inc.’s vice chair of insurance operations, Ajit Jain, sold $139 million worth of his Class A shares in Warren Buffett’s...
Micron Gets a Rare Bear Call as BNP Paribas Warns on Oversupply
(Bloomberg) -- Micron Technology Inc. shares tumbled on Thursday, with the maker of computer memory chips extending a recent selloff as BNP Paribas Exane...
Moderna slashes research budget as vaccine sales disappoint
(Bloomberg) — Moderna Inc. (MRNA) aims to reduce its research and development budget by about 20% over the next three years as the biotech...
Global Stocks Advance as Tech Rally Continues: Markets Wrap
(Bloomberg) -- Stocks rallied, tracking gains in Asian markets as a tech-fueled rebound spread globally.Most Read from BloombergEurope’s Stoxx 600 index jumped 1.2%, the...