During the third quarter, Fmr LLC increased its holdings in Molina Healthcare, Inc. (NYSE:MOH) by 1.0%, according to the latest filing with the Securities and Exchange Commission. The institutional investor now possesses 2,175,796 shares of the company’s stock,...
Nike to Cut Over 1,600 Jobs in Cost-Cutting Drive According to a report by the Wall Street Journal, sportswear giant Nike (NYSE:NKE) is set to reduce its workforce by approximately 2%, equivalent to more than 1,600 jobs, as part of a cost-cutting initiative. The...
During its recent earnings call, Agios Pharmaceuticals Inc. (AGIO) unveiled promising updates, signaling significant progress in its clinical development endeavors for mitapivat and AG-946, potential therapies for various hematologic disorders. Noteworthy advancements...
Market Rebounds: Tech Leads Dow Higher After Previous Day’s Sell-Off The Dow ended Wednesday on a positive note, rebounding from previous losses as investors seized the opportunity to buy discounted stocks, particularly in the tech sector. This surge followed a...
In a recent disclosure, Bridgewater Associates, the hedge fund led by billionaire Ray Dalio, revealed a significant surge in its holdings of chipmaker Nvidia (NASDAQ: NVDA) by a staggering 458% by the close of last year. The fund also diversified its investments by...
