Futures Movers: Oil prices shoot higher as softer U.S. dollar triggers ‘short squeeze’ rally
Oil prices shot higher on Thursday, adding to their gains from Wednesday's session as a weaker U.S. dollar helped boost commodity prices.
: Berkshire Hathaway ups its Occidental Petroleum stake by nearly $600M
Berkshire Hathaway Inc. BRK.ABRK.B, the conglomerate controlled by billionaire Warren Buffett, acquired about10.5 million shares of Occidental Petroleum Corp. OXY stock valued at nearly $589...
Basel Committee proposes measures for stablecoin reserve asset stability
Basel Committee proposes maturity limits for stablecoin reserve assets. Overcollateralization required for longer-term assets to ensure stability. Credit quality criteria defined for reserve assets to...
Michael Brush: ‘Smidcap’ companies are becoming a big deal. Here’s a look at some of the best.
Pint-sized stocks are relative bargains.
: Apellis Pharmaceuticals’ stock slides 14% after company gets negative trend vote for eye treatment in Europe
Apellis Pharmaceuticals Inc.’s stock APLS tumbled 14% early Thursday, after the company said it’s been informed of a negative trend vote on the European marketing...
: Mesa Air delays earnings update by up to 15-days
Mesa Air Group, Inc. MESA said Thursday it plans to file a notification of a late filing for its annual report for the fiscal year...
: MindMed announces positive results in trial of LSD as a treatment for generalized anxiety disorder
Mind Medicine Inc. MNMD said Thursday a Phase 2 trial testing LSD as a treatment for generalized anxiety disorder met its main goal, showing a...
: Steel maker Nucor expects fourth-quarter profit to drop from the previous quarter on lower pricing and reduced volumes
Nucor Corp. NUE said Thursday it expects to report fourth-quarter earnings ranging from $2.75 a share to $2.85 a share. Analysts are estimating earnings of...
Youth sports is a multibillion-dollar business. An ex-Disney TV exec aims to supercharge it
Ben Sherwood's MOJO Sports, which boasts live game streaming, launched in 2021 with big-name backers such as NFL star Russell Wilson.