Big investors just finished their tax-loss selling. So it’s time to root through the wreckage to find bargains to buy. This trade consistently works well because mutual funds and other large investors have to realize their tax losses by Oct. 31. After that, the stocks that they hammered tend...
All three U.S. major stock-market indexes were trading not far from their intraday records on Monday, with investors awaiting this week’s pivotal Federal Reserve meeting.What are major indexes doing? The Dow Jones Industrial Average DJIA, +0.12% rose 55 points, or 0.2%, to 35,874.70. The blue-chip gauge traded as...
The coronavirus pandemic hit a grim milestone on Monday of 5 million confirmed deaths globally, according to data aggregated by Johns Hopkins University, and experts, including the World Health Organization, estimate the true toll may be up to three times higher. That’s because of inconsistencies in how data are...
Apple Inc. AAPL, -0.27% is planning a feature that would detect when an iPhone or Apple Watch user was in a car crash and then automatically call 911, according to a Wall Street Journal report. The feature, which could roll out next year, would make use of data from...
The global tally for the coronavirus-borne illness climbed above 246.8 million on Monday, while the death toll edged above 5 million, according to data aggregated by Johns Hopkins University. The U.S. continues to lead the world with a total of 45.9 million cases and 745,836 deaths. The U.S. is...
By Kosaku Narioka SoftBank Group Corp.'s Vision Fund has sold $2.03 billion worth of shares in San Francisco-based food-delivery company DoorDash Inc. SoftBank Group's Vision Fund said in a U.S. regulatory filing on Friday that it still held 33.6 million shares of DoorDash, after having sold 10 million shares...
U.S. pharmaceutical companies are expected to collect more revenue from COVID-19 vaccines in the third quarter than they did in the entire first half of the year, and that money should continue to grow. In the first half of the year, Pfizer Inc. PFE, +1.30% and Moderna Inc. MRNA,...
Microsoft Corp. eclipsed Apple Inc. as the most valuable U.S. company for the first time in nearly 16 months after the smartphone giant reported a rare sales miss in the face of supply constraints. Apple shares AAPL, -1.82% ended Friday’s session down 1.8%, implying a valuation of $2.458...
Barron's Crypto: 21st Century Paradigm Shift Readers weigh in on cryptocurrencies, metaverse investing, China’s crackdown on tech and education, utility stocks versus U.S. Treasuries, and Charles R. Dreifus’ opinion on why the Fed isn’t tightening Oct. 29, 2021 at 9:12 p.m. ET This article was originally...
The numbers:  The University of Michigan’s gauge of consumer sentiment rebounded slightly to a final October reading of 71.7, up 0.3 points from the preliminary reading earlier this month, but below the final September level of 72.8. Key details: A gauge of consumer’s views of current conditions fell to 77.7 in...